The NDR Thematic Opportunities Portfolio, Series 8 ("Trust") seeks to maximize total return primarily through capital appreciation.
|Wrap Fee Price||$10.0421|
|Remaining Deferred Sales Charge||$0.1350|
|Mandatory Maturity Date||8/27/2020|
|NASDAQ Ticker Symbol||CTOPHX|
|Inception Unit Price||$10.0000|
|Inception Liquidation Price||$9.8650|
|Deferred Sales Charge Dates||
|Number of Holdings||40|
|Historical Annual Dividend Distribution*||$0.1630|
* The Historical Annual Dividend Distribution (HADD) is as of the day prior to trust deposit and subject to change. There is no guarantee the issuers of the securities included in the Trust will declare dividends or distributions in the future. The HADD of the securities included in the Trust is for illustrative purposes only and is not indicative of the Trust’s distribution rate. The HADD is the weighted average of the trailing twelve-month distributions paid by the securities included in the portfolio and is reduced to account for the effects of fees and expenses, which will be incurred when investing in the Trust. The HADD will vary due to certain factors that may include, but are not limited to, a change in the dividends paid by issuers, a change in Trust expenses or the sale or maturity of securities in the portfolio.
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.
|Weighted Average Price/Earnings (P/E) Ratio||19.31|
|Weighted Average Price/Book (P/B) Ratio||10.70|
|Weighted Average Market Cap (MM)||$53,324.05|
|US Common Stock||100.00%|
|Air Freight & Logistics||2.99%|
|Trading Companies & Distributors||2.30%|
|Containers & Packaging||5.51%|
|Paper & Forest Products||2.53%|
|Oil Gas & Consumable Fuels||8.88%|
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
The Trust seeks to achieve its investment objective by investing in a portfolio of U.S.- listed common stocks that may be in a position to take advantage of current thematic opportunities. The Sponsor has partnered with Ned Davis Research, Inc. (“NDR”) as portfolio consultant. NDR will identify investment themes and suggest securities for the portfolio that it believes possess the potential to benefit from the investment themes and market conditions as of the security selection date.
An investment theme is a market idea that has the potential of selecting securities of companies that may be poised to outperform the broader market. The investment themes will be specific and constant within the Trust, as selected on the security selection date. The inspiration for a theme may be drawn from any number of professional disciplines. NDR regularly publishes investment research across a broad spectrum of asset classes, markets, geographies and industries. The themes that emerge from this research become the building blocks for the thematic opportunities. The themes are selected by (in decreasing order of importance):
The U.S.-listed common stocks held by the Trust may include common stocks of U.S. and non-U.S. companies. The Trust may invest in issuers of any market capitalization. The Trust may also invest in real estate investment Trusts. There can be no assurance that the investment themes identified will come to fruition, that any security held by the Trust will benefit directly from a current thematic opportunity or that the Trust will meet its objective.
As a result of this strategy, the Trust invests significantly in the consumer products sector and the industrials sector.
NDR begins the security selection process by identifying current market themes that its strategists believe may outperform the broader market over the term of the Trust. These themes are picked by NDR macroeconomic and equity strategists from a larger pool of NDR strategists’ themes.
The themes selected by NDR for this Trust are:
NDR then employs multiple processes designed to select specific securities that it believes will benefit more than other securities if one or more of the investment themes play out as predicted. NDR’s primary method of identifying the relevant securities to represent the theme(s) is by using the industry classification of the individual securities. Since most stocks can be classified by the industry in which they operate, NDR aligns the theme with the relevant industry(s). This selection is made by both qualitative (categorization) and quantitative (correlations of securities with industry(s)) criteria.
The sectors/industries that NDR believes may benefit from the investment themes are:
Once the favored industries have been identified, NDR reduces the broader universe down to the final recommended 40 securities using the criteria below. NDR analysts utilize fundamental, technical, and/or macroeconomic factors to rank the filtered securities.
For purposes of selecting securities for the Trust, NDR focuses on two factor groups:
NDR applies these processes against the universe of liquid, U.S.-listed common stocks that trade on the NYSE, NASDAQ or AMEX stock exchanges. American depositary receipts and global depositary receipts are not eligible for inclusion in the portfolio. NDR ranks each security that passed the theme/industry filters according to quality and relevant economic cycle. For example, a stock with a lower price/earnings ratio would receive a higher score because a lower price/earnings ratio suggests a better value. For the relevant economic cycle example, if the markets were in the early stages of a bull market, a stock with a higher beta (relative to other securities) may receive a higher score. NDR combines these factor scores for each stock and selects the 40 highest-ranked stocks for recommendation for inclusion in the Trust. NDR uses the strength of the factor score/rank to determine initial recommended weightings in the portfolio by having a higher score equal a larger weight. Finally, after completing this initial portfolio selection process, NDR reviews and evaluates the selected stocks and determines their final recommended weighting in the Trust with the assistance of a statistical risk analysis process. The risk analysis process identifies the risk that can be reduced through diversification and determines the optimal weights for each recommended security in the Trust.
Ned Davis Research
NDR is an independent, institutional research company. Founded in 1980, NDR has provided institutional investors with unbiased and unaffiliated investment research. NDR provides a disciplined approach to in-depth financial analysis, which is supported by the sophisticated proprietary analytic tools that marry fundamental and technical research. Research ranges from asset allocation, to sector and industry groups, individual stocks, economic, and quantitative research. NDR maintains clients in over 30 countries, and serves over 1,100 institutional clients at investment firms, banks, insurance companies, mutual funds, hedge funds, pension and endowment funds, registered investment advisors and equity research departments.
NDR also provides custom research solutions that offers personalized research analysis ranging from sophisticated asset allocation models to simple charts and data retrieval. NDR works with clients to create ideas to address research needs and act as a supplemental resource to proprietary strategy.
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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