Unit Trusts

Conservative Income Allocation Portfolio (CIAP0018)

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.

Objective

The portfolio seeks to provide high current income. The portfolio seeks to achieve its objective by investing in a portfolio of closed-end investment companies (known as "closed-end funds") and exchange-traded funds ("ETFs" and collectively with the closed-end funds, the "funds") that invest in various investment grade and/or short-duration fixed income securities.

Invesco believes a portion of your assets should be allocated towards conservative income investments to add stability to your overall investment portfolio. To that end, we are excited to offer you a unique approach to higher quality and income investing: the Conservative Income Allocation Portfolio.

The trust seeks to provide high current income through an investment in a variety of closed-end funds and exchange-traded funds (ETFs) whose portfolios consist of investment-grade and/or short-duration fixed income securities.

The following types of securities are expected to be included in the portfolios of such closed-end funds and ETFs:

  • Agency
  • Corporates
  • TIPS
  • Treasury
  • Non-US Corporates
  • Non-US Governments
  • Mortgage CMOs
  • Mortgage Pass-thru
  • Asset-backed

The opinions expressed are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals.

 Read more

1The Portfolio will make distributions of income and capital on each specified Distribution Date to unitholders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared 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 distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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. Unitholders should consult with their individual tax advisors.

2As of the 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.

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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this 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. 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 portfolio invests in shares of ETFs and closed-end funds. Shares of ETFs and closed-end 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. The portfolio and the underlying funds have management and operating expenses.

You will bear not only your share of the trust's expenses, but also those of the underlying funds. By investing in other funds, the trust incurs greater expenses than you would incur if you invested directly in the funds.

Shares of closed-end funds frequently, and shares of ETFs may, trade at a discount to their net asset value in the secondary market and the net asset value of closed-end fund shares may decrease.

Certain of the funds may employ the use of leverage in their portfolios. While leverage often increases the yield of a fund, it also increases risks, including the likelihood of increased volatility and the possibility that the fund's common share income will fall if the dividend rate on the preferred shares or the interest rate on any borrowings rises.

Certain of the funds invest in bonds issued by foreign issuers. Such bonds are subject to certain risks including currency and interest rate fluctuations, nationalization or other adverse political or economic developments, lack of liquidity of certain foreign markets, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

The yield on funds which invest in bonds will generally decline in a falling interest rate environment and increase in a rising interest rate environment.

Certain of the funds may invest in senior loans and high yield bonds which are generally below investment grade quality ("junk" bonds). Investing in such bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such bonds. Junk bonds are subject to numerous risks including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. Junk bond prices tend to fluctuate more than higher rated bonds and are affected by short-term credit developments to a greater degree.

Certain of the funds may invest in Treasury Obligations and U.S. Government Agency Securities. Not all securities issued by U.S. government agencies or instrumentalities are backed by the full faith and credit of the U.S. Treasury. U.S. Treasury obligations are direct obligations of the United States which are backed by the full faith and credit of the United States. This guarantee does not apply to the market value of the Treasury obligations or Units of the Portfolio.

Certain of the closed-end funds may invest in preferred securities. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure in terms of priority to corporate income and therefore are subject to greater risk than those debt instruments.

as of 07/01/2015
Exchange Traded and Mutual Funds Symbol Weighting
(%)
Power Shares Senior Loan Portfolio BKLN 3.87
Powershares 1-30 Ladd Trsy Port PLW 4.24
Powershares Preferred Portfolio PGX 4.29
Spdr Db Intl Govt Inflation - Prt Bd ETF WIP 3.71
Vanguard Bd Index Fd Inc BSV 4.06
Vanguard Intermediate-Term Corporate Bnd VCIT 5.10
Vanguard Mortgage-Backed Securities ETF VMBS 2.10
Vanguard Short-Term Corporate Bonds ETF VCSH 2.95
Vanguard Total Bond Market ETF BND 5.07
iShares Barclays 3-7 Treasury Bond Fund IEI 4.09
iShares Barclays US Treasury Inflat Pro TIP 4.06
iShares Iboxx $ Investment Grade Corp LQD 5.11
iShares Intermediate Government/Credit GVI 3.00
Closed-end Funds Symbol Weighting
(%)
Alliance Bernstein Income Fd ACG 3.24
Blackrock Core Bond Trust BHK 3.05
Blackrock Income Trust BKT 2.94
Cohen & Steers Limited Duration Preferre LDP 3.19
Mfs Government Markets Income Trust MGF 1.95
Mfs Intermediate Income Trust MIN 4.54
Morgan Stanley Income Securities, Inc. ICB 3.14
Nuveen Build American Bond Fund NBB 3.28
Nuveen Credit Strategies Income Fund JQC 3.76
Nuveen Quality Preferred Income Fund JTP 4.26
Pimco Income Opportunity Fund PKO 3.52
Putnam Master Intermdiate Income Trust PIM 2.84
Tcw Strategic Income Fund TSI 3.78
Western Asset Global Coprorate Def Op Fu GDO 4.88

1The Portfolio will make distributions of income and capital on each specified Distribution Date to unitholders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared 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 distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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. Unitholders should consult with their individual tax advisors.

2As of the 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.

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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this 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. 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 portfolio invests in shares of ETFs and closed-end funds. Shares of ETFs and closed-end 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. The portfolio and the underlying funds have management and operating expenses.

You will bear not only your share of the trust's expenses, but also those of the underlying funds. By investing in other funds, the trust incurs greater expenses than you would incur if you invested directly in the funds.

Shares of closed-end funds frequently, and shares of ETFs may, trade at a discount to their net asset value in the secondary market and the net asset value of closed-end fund shares may decrease.

Certain of the funds may employ the use of leverage in their portfolios. While leverage often increases the yield of a fund, it also increases risks, including the likelihood of increased volatility and the possibility that the fund's common share income will fall if the dividend rate on the preferred shares or the interest rate on any borrowings rises.

Certain of the funds invest in bonds issued by foreign issuers. Such bonds are subject to certain risks including currency and interest rate fluctuations, nationalization or other adverse political or economic developments, lack of liquidity of certain foreign markets, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

The yield on funds which invest in bonds will generally decline in a falling interest rate environment and increase in a rising interest rate environment.

Certain of the funds may invest in senior loans and high yield bonds which are generally below investment grade quality ("junk" bonds). Investing in such bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such bonds. Junk bonds are subject to numerous risks including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. Junk bond prices tend to fluctuate more than higher rated bonds and are affected by short-term credit developments to a greater degree.

Certain of the funds may invest in Treasury Obligations and U.S. Government Agency Securities. Not all securities issued by U.S. government agencies or instrumentalities are backed by the full faith and credit of the U.S. Treasury. U.S. Treasury obligations are direct obligations of the United States which are backed by the full faith and credit of the United States. This guarantee does not apply to the market value of the Treasury obligations or Units of the Portfolio.

Certain of the closed-end funds may invest in preferred securities. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure in terms of priority to corporate income and therefore are subject to greater risk than those debt instruments.

Historical Pricing

From   to

Distributions

From   to

BID PRICE
Represents the net asset value per unit plus any remaining organization costs, deferred sales charge and creation and development fee. This price is not the purchase price of units and in many cases is not the price a unitholder would receive if the unitholder redeemed or sold units. Any remaining deferred sales charge payments are payable at the time a unit holder redeems or sells units.

LIQUIDATION PRICE
Represents the value per unit that a unitholder would receive if the unitholder redeemed or sold units. This price is equal to the net asset value per unit plus any remaining organization costs and creation and development fee. This price reflects any remaining deferred sales charges payable in connection with a liquidation of units.

OFFER PRICE
Represents the net asset value per unit plus any applicable organization costs and sales charges. This is the regular public offering price per unit paid to purchase units. This price is often subject to certain sales charge discounts described in a trust prospectus.

NET ASSET VALUE (NAV)
Represents the value per unit of a trust's portfolio securities and other assets reduced by trust expenses and other liabilities, including remaining organization costs, deferred sales charges and creation and the development fee.


This page contains historical pricing or historical income distributions information for the unit trust listed above. It should not be used for federal or state tax purposes. Please contact your financial advisor for tax information.

This information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state, or other jurisdiction to any person to whom it is not lawful to make such an offer. A trust that contains a state name in the trust name is generally available for sale only to investors in that state. The information shown may relate to a trust that is no longer offered to the public. In such a case, this information does not constitute an offer to sell, or a solicitation of an offer to buy units of the trust.

1The Portfolio will make distributions of income and capital on each specified Distribution Date to unitholders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared 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 distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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. Unitholders should consult with their individual tax advisors.

2As of the 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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this 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. 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 portfolio invests in shares of ETFs and closed-end funds. Shares of ETFs and closed-end 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. The portfolio and the underlying funds have management and operating expenses.

You will bear not only your share of the trust's expenses, but also those of the underlying funds. By investing in other funds, the trust incurs greater expenses than you would incur if you invested directly in the funds.

Shares of closed-end funds frequently, and shares of ETFs may, trade at a discount to their net asset value in the secondary market and the net asset value of closed-end fund shares may decrease.

Certain of the funds may employ the use of leverage in their portfolios. While leverage often increases the yield of a fund, it also increases risks, including the likelihood of increased volatility and the possibility that the fund's common share income will fall if the dividend rate on the preferred shares or the interest rate on any borrowings rises.

Certain of the funds invest in bonds issued by foreign issuers. Such bonds are subject to certain risks including currency and interest rate fluctuations, nationalization or other adverse political or economic developments, lack of liquidity of certain foreign markets, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

The yield on funds which invest in bonds will generally decline in a falling interest rate environment and increase in a rising interest rate environment.

Certain of the funds may invest in senior loans and high yield bonds which are generally below investment grade quality ("junk" bonds). Investing in such bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such bonds. Junk bonds are subject to numerous risks including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. Junk bond prices tend to fluctuate more than higher rated bonds and are affected by short-term credit developments to a greater degree.

Certain of the funds may invest in Treasury Obligations and U.S. Government Agency Securities. Not all securities issued by U.S. government agencies or instrumentalities are backed by the full faith and credit of the U.S. Treasury. U.S. Treasury obligations are direct obligations of the United States which are backed by the full faith and credit of the United States. This guarantee does not apply to the market value of the Treasury obligations or Units of the Portfolio.

Certain of the closed-end funds may invest in preferred securities. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure in terms of priority to corporate income and therefore are subject to greater risk than those debt instruments.

as of 07/01/2015

Cumulative Return (%)

Maximum Sales Charge: —
YTD (%) Since Deposit (%) 3 Mo (%) 6 Mo (%)
With Sales Charge -2.66 1.87 -2.63
Without Sales Charge -0.16 4.49 -2.43 -0.13
Barclays U.S. Aggregate -0.10 5.27 -1.53 -0.02
as of 07/01/2015

Average Annual Return (%)

1 Yr (%) 5 Yr (%) 10 Yr (%) Since Deposit (%)
With Sales Charge -2.98 1.18
Without Sales Charge -0.49 2.80
Barclays U.S. Aggregate 1.96 3.28

Performance data quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate and units, when redeemed, may be worth more or less than their original cost.

Returns are cumulative total returns (not annualized) unless labeled as average annual total returns. All returns reflect trust expenses as incurred and assume reinvestment of income and principal distributions, except for trusts that do not offer the option of reinvesting distributions into additional trust units. Please see the related trust prospectus for additional information. Returns do not reflect taxes.

A trust's performance, especially for short time periods, should not be the sole factor in making your investment decision. Please keep in mind that high, double-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.

"Returns With Transactional Sales Charge" reflect the maximum transactional sales charge that would be payable by an investor upon sale or redemption of units at the end of the applicable period(s). The transactional sales charge includes any initial or deferred sales charges other than creation and development fee, if applicable. These returns do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee, if applicable, is reflected in the returns as of the time of payment by a trust. These returns reflect any deferred sales charges only if the charges would be payable upon a unit sale or redemption at or prior to the end of the applicable performance period(s). Certain trusts are no longer offered for sale to the public and, as a result, do not publish an offer price or have a sales charge. In these cases, returns will not reflect a sales charge if a trust was not actually offered for sale to the public on the first day of the applicable period because units of the trust could not have been purchased by an investor at that time. These returns will show 'N/A' for "With Transactional Sales Charge" data.

"Returns Without Transactional Sales Charge" do not reflect any transactional sales charge and do not reflect any applicable creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee, if applicable, is reflected in the returns as of the time of payment by a trust.

There is no assurance the trust will achieve its investment objective. An investment in this 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 trusts are unmanaged and their portfolios are not intended to change during the trusts' lives except in limited circumstances. For a more complete discussion of the risks of investing in this trust, click on the Fact Card.

Performance Calculator

From   to
  Total Return (%)
With Sales Charge 1.87
Without Sales Charge 4.49
Barclays U.S. Aggregate 5.27

1The Portfolio will make distributions of income and capital on each specified Distribution Date to unitholders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared 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 distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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. Unitholders should consult with their individual tax advisors.

2As of the 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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this 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. 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 portfolio invests in shares of ETFs and closed-end funds. Shares of ETFs and closed-end 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. The portfolio and the underlying funds have management and operating expenses.

You will bear not only your share of the trust's expenses, but also those of the underlying funds. By investing in other funds, the trust incurs greater expenses than you would incur if you invested directly in the funds.

Shares of closed-end funds frequently, and shares of ETFs may, trade at a discount to their net asset value in the secondary market and the net asset value of closed-end fund shares may decrease.

Certain of the funds may employ the use of leverage in their portfolios. While leverage often increases the yield of a fund, it also increases risks, including the likelihood of increased volatility and the possibility that the fund's common share income will fall if the dividend rate on the preferred shares or the interest rate on any borrowings rises.

Certain of the funds invest in bonds issued by foreign issuers. Such bonds are subject to certain risks including currency and interest rate fluctuations, nationalization or other adverse political or economic developments, lack of liquidity of certain foreign markets, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

The yield on funds which invest in bonds will generally decline in a falling interest rate environment and increase in a rising interest rate environment.

Certain of the funds may invest in senior loans and high yield bonds which are generally below investment grade quality ("junk" bonds). Investing in such bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such bonds. Junk bonds are subject to numerous risks including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. Junk bond prices tend to fluctuate more than higher rated bonds and are affected by short-term credit developments to a greater degree.

Certain of the funds may invest in Treasury Obligations and U.S. Government Agency Securities. Not all securities issued by U.S. government agencies or instrumentalities are backed by the full faith and credit of the U.S. Treasury. U.S. Treasury obligations are direct obligations of the United States which are backed by the full faith and credit of the United States. This guarantee does not apply to the market value of the Treasury obligations or Units of the Portfolio.

Certain of the closed-end funds may invest in preferred securities. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure in terms of priority to corporate income and therefore are subject to greater risk than those debt instruments.

1The Portfolio will make distributions of income and capital on each specified Distribution Date to unitholders of record on the preceding Record Date, provided that the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus. Undistributed income and capital will be distributed on the next Distribution Date in which the total cash held for distribution meets or exceeds any applicable minimum that may be specified in the prospectus.

  The Estimated Annual Income per Unit is as of the date listed in the prospectus during the trust's initial offering period, and is updated each calendar quarter thereafter. This amount is based on the most recently declared 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 distributions you receive will vary from the estimate set forth above with changes in the trust's fees and expenses, in dividends and distributions received, currency fluctuations and with the sale of trust securities. The actual net annual distributions 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. Unitholders should consult with their individual tax advisors.

2As of the 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.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this 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. 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 portfolio invests in shares of ETFs and closed-end funds. Shares of ETFs and closed-end 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. The portfolio and the underlying funds have management and operating expenses.

You will bear not only your share of the trust's expenses, but also those of the underlying funds. By investing in other funds, the trust incurs greater expenses than you would incur if you invested directly in the funds.

Shares of closed-end funds frequently, and shares of ETFs may, trade at a discount to their net asset value in the secondary market and the net asset value of closed-end fund shares may decrease.

Certain of the funds may employ the use of leverage in their portfolios. While leverage often increases the yield of a fund, it also increases risks, including the likelihood of increased volatility and the possibility that the fund's common share income will fall if the dividend rate on the preferred shares or the interest rate on any borrowings rises.

Certain of the funds invest in bonds issued by foreign issuers. Such bonds are subject to certain risks including currency and interest rate fluctuations, nationalization or other adverse political or economic developments, lack of liquidity of certain foreign markets, withholding, the lack of adequate financial information, and exchange control restrictions impacting foreign issuers.

The yield on funds which invest in bonds will generally decline in a falling interest rate environment and increase in a rising interest rate environment.

Certain of the funds may invest in senior loans and high yield bonds which are generally below investment grade quality ("junk" bonds). Investing in such bonds should be viewed as speculative and you should review your ability to assume the risks associated with investments which utilize such bonds. Junk bonds are subject to numerous risks including higher interest rates, economic recession, deterioration of the junk bond market, possible downgrades and defaults of interest and/or principal. Junk bond prices tend to fluctuate more than higher rated bonds and are affected by short-term credit developments to a greater degree.

Certain of the funds may invest in Treasury Obligations and U.S. Government Agency Securities. Not all securities issued by U.S. government agencies or instrumentalities are backed by the full faith and credit of the U.S. Treasury. U.S. Treasury obligations are direct obligations of the United States which are backed by the full faith and credit of the United States. This guarantee does not apply to the market value of the Treasury obligations or Units of the Portfolio.

Certain of the closed-end funds may invest in preferred securities. Preferred securities are typically subordinated to bonds and other debt instruments in a company's capital structure in terms of priority to corporate income and therefore are subject to greater risk than those debt instruments.

as of 07/01/2015

CIAP0018

  • Offer Price -
  • WRAP Price -
  • Bid Price $9.50910
  • Liquidation Price $9.50910

Trust Specifics

  • Nov 27, 2013 Deposit Date
  • Nov 27, 2013 -
    Jun 04, 2014
    Scheduled
    Primary Offering
    Period
  • IAAAUX NASDAQ Symbol
  • 63 months Term of Trust
  • Feb 28, 2019 Termination Date
  • Tax Status:
    Regulated Investment Company
  • $10.00000 Public Offering Price
    (End of deposit date)
  • $0.00000 Deferred Sales Charge
    (Per Unit)
  • Sales Charge Schedule
  • Sales Charge Volume Discount
  • $0.396440 Est. Net Annual
    Income1
  • Jan 25, 2014 Initial Payable Date2
  • Jan 10, 2014 Initial Record Date2
  • Re-Investment Options:
    Reinvest, Cash, Wrap Reinvest, Wrap Cash
  • Estimated Frequency of Offering:
    6 months
  • CUSIPs:
    46133X746Cash
    46133X753Reinvest
    46133X761Wrap Fee Cash
    46133X779Wrap Fee Reinvest
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.