The Global 45 Dividend Strategy Portfolio is an enhanced index unit investment trust that invests in stocks of foreign and domestic companies. The strategy contains three approximately equally weighted dividend oriented strategies: the Select 10 Industrial Strategy, the Select S&P Industrial Strategy, and the EAFESM Select 20 Strategy.
Why consider investing in the Global 45 Dividend Strategy Portfolio?
The portfolio invests in stocks of foreign and domestic companies selected by applying separate uniquely specialized strategies. The portfolio combines three investment strategies: the Select 10 Industrial Strategy, the Select S&P Industrial Strategy, and the EAFESM Select 20 Strategy.
There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit 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. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.
The trust should be considered as a part of a long term investment strategy and you should consider your ability to pursue it by investing in successive trusts, if available. You will realize tax consequences associated with investing from one series to the next.
Investing in foreign securities involves certain risks not typically associated with investing solely in the United States. This may magnify volatility due to changes in foreign exchange rates, the political and economic uncertainties in foreign countries, and the potential lack of liquidity, government supervision and regulation.
This trust is concentrated in the consumer staples sector. Companies that manufacture, distribute and provide consumer products and services face risks such as intense competition, the lack of serious barriers to entry for on-line entrants, economic recession and a slowdown in consumer spending trends. A portfolio concentrated in a single market sector may present more risk than a portfolio broadly diversified over several sectors.
Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer's board of directors and the amount of any dividend may vary over time.
"Standard & Poor's" and "S&P" are trademarks of the McGraw-Hill Companies, Inc. The trust is not sponsored, managed, sold or promoted by Standard & Poor's.
1The Trust will make distributions of income and capital on each monthly Distribution Date to Unit holders of record on the preceding Record Date, provided that the total cash held for distribution equals at least the amount set forth under the Essential Information section of the prospectus. Undistributed income and capital will be distributed in the next quarter in which the total cash held for distribution equals at least the amount set forth under the Essential Information section of the prospectus.
Estimated Annual Income Per Unit is as of the date listed in the prospectus and is based on the most recently declared monthly dividends or interim and final dividends accounting for any foreign withholding taxes, but may also be based upon several recently declared dividends. The actual net annual dividend distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends received, currency fluctuations and with the sale of securities. The actual net annual dividends are expected to decrease over time because a portion of the securities included in the trust will be sold over time to pay for organization costs. Securities may also be sold to pay regular fees and expenses during the trust's life.
The portfolio may make distributions that represent a return of capital for tax purposes to the extent of the Unitholder’s basis in the Units, and any additional amounts in excess of basis would be taxed as a capital gain. Generally, you will treat all capital gains dividends as long-term capital gains regardless of how long you have owned your Units.
2As of close of business day prior to Initial Date of Deposit. The actual distributions you may receive will vary from the estimated amount due to changes in the Portfolio's fees and expenses, in actual income received by the Portfolio, currency fluctuations and with changes in the Portfolio such as acquisition or liquidation of securities.
3The estimated annual expenses are based upon the estimated trust size for the Portfolio determined as of the initial date of deposit. Because certain of the operating expenses are fixed amounts, if the trust does not reach that estimated size, the amount of the estimated annual expenses per unit may exceed the amounts reflected. On the business day following the end of the initial offering period, the Sponsor and/or the Supervisor will waive their respective fees, and/or the Sponsor will reimburse the Portfolio operating expenses, in an amount so that the total estimated annual expenses calculated on that date do not exceed $0.0500 per unit. However, subsequent to that date the value of the Portfolio as well as the number of outstanding units may decline, and/or the actual amount of the operating expenses may exceed the estimated amounts, any of which could result in the actual amount of the total annual expenses exceeding $0.0500 per unit.
The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown above.
Weighted Average P/E is defined as the weighted average of the price/earnings ratio associated with each
security in the trust.The price/earnings for each security is defined as the ratio of the most recent day's closing
price for a given security divided by the related company's earnings per share for the previous year.
Weighted Average P/B is defined as the weighted average of the price to book ratio associated with each
security in the trust. The price to book for each security is defined as the ratio of the most recent day's closing
price for a given security divided by the most recently reported per share book value of the company.
Weighted Average Market Cap is defined as the weighted average of the market capitalization of each
security in the trust. The market capitalization for each security is defined as the most recent day's closing price for
a given security multiplied by the company's most recently reported diluted shares outstanding.
Weighted Average 1 Yr EPS Growth is defined as the weighted average of the 1 year earnings per share
growth associated with each security in the trust.The 1 year earnings per share growth for each security is defined as
the earnings per share growth from the most recently reported year relative to preceding year.
Average 3 Yr EPS Growth is defined as the weighted average of the 3 year earnings per share growth
associated with each security in the trust. The 3 year earnings per share growth for each security is defined as the
earnings per share growth from the most recently reported year relative to that from three years prior.
Weighted Average PEG Ratio is defined as the weighted average of the price to earnings growth ratio
associated with each security in the trust. The price to earnings growth ratio for each security is defined as the ratio
of the price/earnings divided by the 1 year earnings per share growth rate, as defined above.
Weighted Average Beta is defined as the weighted average of the beta associated with each security in the
trust. Beta is a measurement of risk that measures an investment's sensitivity to stock market movements.
All data provided by Invesco unless otherwise noted.
Invesco's history of offering unit investment trusts began with the acquisition of the sponsor by Invesco Ltd. in June 2010. Invesco unit investment trusts are distributed by the sponsor, Invesco Capital Markets, Inc. and broker dealers including Invesco Distributors, Inc. Both firms are wholly owned, indirect subsidiaries of Invesco Ltd.