The Precious Metals & Miners Portfolio, Series 14 ("Trust") seeks to provide total return through capital appreciation by investing in a diversified portfolio of common stocks and exchange-traded funds (“ETFs”).
|Wrap Fee Price||$9.8009|
|Remaining Deferred Sales Charge||$0.2250|
|Mandatory Maturity Date||4/9/2020|
|NASDAQ Ticker Symbol||CPMMNX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.7750|
|Deferred Sales Charge Dates||
|Number of Holdings||27|
|Historical Annual Dividend Distribution||$0.0000|
All data is subject to change daily. Data may differ from the prospectus due to different data sources or market changes. Please refer to prospectus for additional information about the trust including the portfolio section criteria. Source: FactSet Research Systems Inc. unless otherwise noted. The total percentages may not be equal to 100% due to rounding. N/A indicates that certain securities have not been identified and/or classified by the data provider. A unit is a combination of securities or types of securities traded together.
|Exchange Traded Fund||28.93%|
|Weighted Average Price/Earnings (P/E) Ratio||57.74|
|Weighted Average Price/Book (P/B) Ratio||2.29|
|Weighted Average Market Cap (MM)||$2,824.09|
|Non US Common Stock||71.07%|
|Metals & Mining||71.07%|
|Commodities Precious Metals||28.93%|
Holdings Analysis data is provided by Morningstar Traded Fund Center. Data is subject to change on a nightly basis. The data is for the underlying securities held by the exchange traded funds in the UIT. The total percentages may not be equal to 100% due to rounding.
Past performance is no guarantee of future results. Investment returns and principal value will fluctuate with changes in market conditions. Investors' units, when redeemed, may be worth more or less than their original cost.
Principal Investment Strategy
Under normal circumstances, the Trust will invest at least 80% of the value of its assets in common stocks of global mining companies that derive at least 50% of their revenues from precious metals mining, and shares of ETFs that invest substantially all of their assets in physical precious metals such as gold, silver and platinum. The Trust will invest in both domestic and foreign-listed securities. Certain of the common stocks included in the Trust may be issued by companies headquartered or incorporated in countries considered to be emerging markets. Certain of the common stocks included in the Trust may be issued by small-capitalization and mid-capitalization companies. As a result of this strategy, the Trust is concentrated in the materials sector.
The Sponsor has selected securities for the portfolio that it believes have the best potential to achieve the Trust’s investment objective. To select the portfolio, the Sponsor identifies a universe of approximately 100 companies that derive at least 50% of their revenue from the mining of precious metals. The final portfolio is selected based on, but not limited to, the following factors:
To select the ETFs for the final portfolio, the Sponsor considers a number of factors including the particular precious metal that is tracked by the ETF, as well as the overall size and liquidity of the ETF.
The final portfolio will consist of approximately 30% precious metal ETFs and 70% common stocks of precious metal mining companies.
Risks and Other Considerations
As with all investments, you may lose some or all of your investment in the Trust. No assurance can be given that the Trust’s investment objective will be achieved. The Trust also might not perform as well as you expect. This can happen for reasons such as these:
See “Investment Risks” in Part A of the prospectus and “Risk Factors” in Part B of the prospectus for additional information.
Please see the Trust prospectus for more complete risk information.
Unit Investment Trusts are fixed, not actively managed and should be considered as part of a long-term strategy. Investors should consider their ability to invest in successive portfolios, if available, at the applicable sales charge. UITs are subject to annual fund operating expenses in addition to the sales charge. Investors should consult an attorney or tax advisor regarding tax consequences associated with an investment from one series to the next, if available, and with the purchase or sale of units. Guggenheim Funds Distributors, LLC does not offer tax advice.
Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.
Investing involves risk, including the possible loss of principal.
Guggenheim Investments represents the investment management business of Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"), Guggenheim Funds Investments Advisors, LLC ("GFIA") and Guggenheim Partners Investment Management ("GPIM") the investment advisors to the referenced funds.
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• Not FDIC Insured • No Bank Guarantee • May Lose Value
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