The information shown relates to a trust that is no longer offered for sale.
This information does not constitute an offer to sell, or a solicitation of an offer
to buy units of the trust.
||Feb 15, 2013
|Scheduled Primary Offering Period
||Feb 15, 2013 - May 16, 2013
|Term of Trust
||May 19, 2014
Regulated Investment Company
|Public Offering Price
(End of deposit date)
|Sales Charge Schedule
|Sales Charge Volume Discount
|Est. Net Annual Income1
|Initial Payable Date2
||Apr 25, 2013
|Initial Record Date2
||Apr 10, 2013
||Reinvest, Cash, Wrap Reinvest, Wrap Cash
|Estimated Frequency of Offering
Investors in fee-based accounts will not be assessed the initial or deferred sales charges for
eligible fee-based purchases and must purchase units with a Wrap Fee CUSIP.
There is no assurance the trust will achieve its investment objective. An investment in this unmanaged unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. Accordingly, you can lose money investing in this trust.
The value of the fixed income securities in certain of the ETFs will generally fall if interest rates, in general, rise. No one can predict whether interest rates will rise or fall in the future.
A security issuer may be unable to make interest and/or principal payments in the future. This may reduce the level of dividends certain of the ETFs pay which would reduce your income and cause the value of the units to fall.
The portfolio invests in shares of ETFs, closed-end funds and open-end funds. Shares of ETFs may, and closed-end funds frequently, tend to trade at a discount from their net asset value and shares of all funds are subject to risks related to factors such as management's ability to achieve a fund's objective, market conditions affecting a fund's investments and use of leverage. In addition, there is the risk that the market price of an ETF's shares may trade at a discount from its net asset value, an active secondary market may not develop or be maintained, or trading may be halted by the exchange on which they trade, which may impact the portfolio's ability to sell the ETF shares. The portfolio and the underlying funds have management and operating expenses. You will bear not only your share of the portfolio's expenses, but also the expenses of the underlying funds. By investing in other funds, the portfolio incurs greater expenses than you would incur if you invested directly in the funds.
The Portfolio invests in shares of publicly traded business development companies (“BDCs”). BDCs invest in privately-held companies, the securities of which are generally less liquid than are publicly traded securities. BDCs may have relatively concentrated investment portfolios, consisting of a relatively small number of holdings. A BDC’s gains and losses may be magnified through the use of leverage. BDCs generally depend on access to capital markets in order to raise cash, acquire suitable investments and monitor and implement certain financial strategies. An inability to access these markets may have a negative impact on the value of BDC shares and the value of your units. Many debt investments in which BDCs invest will not be rated by a credit rating agency and will be below investment grade quality.
Certain of the funds may invest in fixed income securities rated below investment grade and considered to be "junk" securities. These securities are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade securities. In addition, these securities may be more sensitive to interest rate changes and may be more likely to make early returns of principal.
Stocks of foreign companies held by the funds in the portfolio present risks beyond those of U.S. issuers. These risks may include company's foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies.
Opinions and forecasts expressed by Ibbotson Associates, Inc. are not necessarily those of Invesco, and may not actually come to pass. Ibbotson Associates, Inc. is not affiliated with Invesco. Ibbotson Associates, Inc. is being paid a license fee for the use of certain service marks and is also being compensated for portfolio consultant services, including selection of stocks for the trust.