Unit Trusts

Global 45 Dividend Strategy Portfolio (GLDV0104)

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.

Strategy

The Global 45 Dividend Strategy Portfolio, an enhanced index unit investment trust, combines three simple investment strategies: the Select 10 Industrial Strategy, the Select S&P Industrial Strategy, and the EAFESM Select 20 Strategy.

Investment Objective
The portfolio seeks above-average total return. The portfolio seeks to achieve its objective by investing in a portfolio of stocks.

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 simple investment strategies: the Select 10 Industrial Strategy, the Select S&P Industrial Strategy, and the EAFESM Select 20 Strategy.

Here are some reasons why the Global 45 Dividend Strategy Portfolio may be a great addition to your portfolio:

  • Foreign Exposure
  • Multi-Index Exposure
  • Potential Decreased Volatility
  • Potential Dividends

Stock Selection Process
The Global 45 Dividend Strategy Portfolio invests in stocks of foreign and domestic companies. The strategy contains three approximately equally weighted dividend oriented strategies:

  1. The Select 10 Industrial Strategy selects the ten highest dividend-yielding stocks in the Dow Jones Industrial AverageSM (DJIASM) for the portfolio.
  2. The Select S&P Industrial Strategy

    1. Beginning with the Standard & Poor's Industrial Index, select only those stocks ranked either A or A+ by Standard and Poor's Earnings and Dividend Rankings.
    2. Eliminate stocks that are in both the S&P Industrial Index and the Dow Jones Industrial Average.
    3. Select stocks with the highest market capitalization (the top 75 percent).
    4. Select the 15 highest dividend-yielding stocks.
  3. In addition, a stock will be excluded if, based on publicly available information as of the selection date, the company is the target of an announced business acquisition which Invesco expects will close within six months of the date of deposit.

  4. The EAFESM Select 20 Strategy

    1. Start with the Morgan Stanley Capital International EAFE (Europe, Australasia and Far East) Index.
    2. Assess company quality. This consists of applying sales growth, earnings and dividend performance screens.
    3. Stocks with the highest market capitalization—the top 75 percent—are chosen.
    4. Select a portfolio of the twenty highest dividend-yielding stocks.

1 The strategy does not include stocks from Singapore to help eliminate undue market volatility and political instability over time. We also eliminate stocks of any passive foreign investment companies because of the negative tax treatment which could result from such ownership. The Index itself may be subject to change from time to time.

 Read more
as of 11/30/2011

Style map

as of 10/01/2010

Expenses

(amount per 100 units)
Estimated Organization Costs:3 $1.4750
Total Estimated Annual Expenses:3 $3.6380
as of 04/17/2014

Keystats

Weighted Avg P/E 17.57
Weighted Avg P/B 6.37
Weighted Avg Market Cap (MM) $91,907.30
Weighted Avg 1 Yr EPS 43.31%
Weighted Avg 3 Yr EPS 33.18%
Weighted Avg PEG Ratio 2.16
Weighted Avg Beta 0.71
From 12/31/1983 - 12/31/2013
( Source Bloomberg, L.P. )

Hypothetical Performance of
$10,000 Investment

Annual Total Return

Standard Deviation Strategy S&P 500 Index
12/31/1983 - 12/31/2013 16.31% 17.43%
Annual Total Return Strategy S&P 500 Index
12/31/1984 9.52% 5.97%
12/31/1985 34.50% 31.05%
12/31/1986 31.18% 18.54%
12/31/1987 12.57% 5.67%
12/31/1988 29.69% 16.34%
12/31/1989 20.88% 31.21%
12/31/1990 -5.59% -3.13%
12/31/1991 24.63% 30.00%
12/31/1992 6.75% 7.43%
12/31/1993 28.94% 9.92%
12/31/1994 4.29% 1.28%
12/31/1995 31.60% 37.11%
12/31/1996 19.33% 22.68%
12/31/1997 24.85% 33.10%
12/31/1998 15.02% 28.58%
12/31/1999 0.65% 20.89%
12/31/2000 4.65% -9.10%
12/31/2001 -1.02% -11.88%
12/31/2002 -9.13% -22.10%
12/31/2003 25.27% 28.68%
12/31/2004 16.06% 10.88%
12/31/2005 -0.01% 4.91%
12/31/2006 24.91% 15.79%
12/31/2007 8.49% 5.49%
12/31/2008 -41.85% -37.00%
12/31/2009 36.15% 26.46%
12/31/2010 11.34% 15.06%
12/31/2011 6.63% 2.11%
12/31/2012 10.54% 16.00%
12/31/2013 27.22% 32.38%
03/31/2014 0.99% 1.81%

Average Annual Total Return

Average Annual Return
(for the period ended 12/31/2013)
Strategy S&P 500 Index
1-Year 25.94% 32.38%
3-Year 14.07% 16.18%
5-Year 17.61% 17.94%
10-Year 7.48% 7.40%
15-Year 6.13% 4.68%
20-Year 9.13% 9.22%
25-Year 10.16% 10.22%
30-Year 12.25% 11.03%

The above graph represents a hypothetical $10,000 investment in the trust strategy (not any actual trust) and the associated benchmark over the period indicated in the graph. The graph assumes the sum of the initial investment ($10,000) and all dividends (including those on stocks trading ex-dividend as of the last day of the year) and appreciation during a year are reinvested at the end of that year.

All strategy performance is hypothetical (not any actual trust) and reflects trust sales charges (full sales charge in first year of 2.95% and reduced rollover charge thereafter of 1.95%) and expenses but not brokerage commissions on stocks or taxes. Past performance is no guarantee of future results. Actual returns will vary from hypothetical strategy returns due to timing differences and because the trust may not be invested equally in all stocks or be fully invested at all times. In any given year the strategy may lose money or underperform the index. Returns are calculated by taking year-end prices, subtracting them from the prices at the end of the following year (adjusting for any stock splits that might have occurred during the year) and adding dividends received for the period divided by starting price. Average annual total return and total return measure change in the value of an investment plus dividends, assuming quarterly reinvestment of dividends. Average annual total return reflects annualized change while total return reflects aggregate change and is not annualized. Standard deviation is a measure of volatility that represents the degree to which an investment's performance has varied from its average performance over a particular period. Standard deviation does not compare the volatility of an investment relative to other investments or the overall stock market. The more an investment's return varies from the investment's average return, the more volatile the investment. Standard deviation is based on past performance and is no guarantee of future results.

Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.

Indices are statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index. The historical performance of the indices are shown for illustrative purposes only; it is not meant to forecast, imply or guarantee the future performance of any particular investment or the trust, which will vary.

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 100 units 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 $5.0000 per 100 units.
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 $5.0000 per 100 units.

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 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.

as of 12/30/2011

Cumulative Return (%)

Maximum Sales Charge: 2.45%
Year to Date (%) Since Deposit (%) 3 month (%) 6 month (%)
With Sales Charge N/A 6.32 N/A -3.11
Without Sales Charge N/A 8.99 6.25 -0.68
S&P 500 Index N/A 12.60 9.02 -2.72
as of 12/30/2011

Average Annual Return (%)

1 yr (%) 5 yr (%) 10 yr (%) Since Deposit (%)
With Sales Charge 3.97 N/A N/A 5.04
Without Sales Charge 6.59 N/A N/A 7.15
S&P 500 Index 1.94 N/A N/A 9.99

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. 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 is reflected in the returns as of the time of payment. by a trust. These returns reflect any contingent 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 creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee 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. Certain trusts are unmanaged and their portfolios are not intended to change during the trusts' lives except in limited circumstances. Certain trusts are passively managed and seek to track their target index during the trust's life. 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 6.32%
Without Sales Charge 8.99%
S&P 500 Index 12.6%

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 non-contingent 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 non-contingent 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, non-contingent deferred sales charge and creation and 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 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 100 units 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 $5.0000 per 100 units.
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 $5.0000 per 100 units.



About risk

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.

as of 12/29/2011
Stocks Symbol Sector Market Cap/
Style
Weighting
(%)
AT&T Inc. T Telecommunication Services Large-Cap Value 3.29
Abbott Laboratories ABT Health Care Large-Cap Blend 2.25
Abertis Infraestructuras ABE SM Industrial Large-Cap Blend 1.34
Admiral Group ADM LN Financials Mid-Cap Blend 0.79
Altria Group Inc MO Consumer Staples Large-Cap Blend 2.57
Astrazeneca Group Plc AZN LN Health Care Large-Cap Blend 1.40
Automatic Data Processing ADP Information Technology Large-Cap Blend 2.69
Avon Products Inc AVP Consumer Staples Mid-Cap Value 1.13
Bae Systems BA/ LN Industrial Large-Cap Value 1.27
British American Tobacco Plc BATS LN Consumer Staples Large-Cap Growth 1.98
Centrica Plc CNA LN Utilities Large-Cap Blend 1.37
Chevron Corp CVX Energy Large-Cap Value 4.17
Clorox Co CLX Consumer Staples Mid-Cap Blend 2.09
Coca-Cola Amatil Limited CCL AU Consumer Staples Large-Cap Growth 1.54
Colgate-Palmolive Co CL Consumer Staples Large-Cap Growth 2.49
Computershare Ltd CPU AU Information Technology Other Other 1.33
Diageo P L C DGE LN Consumer Staples Other Other 1.97
Du Pont (E.i.) DE Nemours DD Materials Large-Cap Blend 3.23
Gdf Suez GSZ FP Utilities Large-Cap Value 1.18
General Mills Inc GIS Consumer Staples Large-Cap Blend 2.30
Glaxo Smith Kline GSK LN Health Care Large-Cap Blend 1.81
Illinois Tool Works ITW Industrial Large-Cap Blend 2.09
Intel Corp INTC Information Technology Large-Cap Blend 3.97
J Sainsbury Plc SBRY LN Consumer Staples Large-Cap Growth 1.15
Johnson & Johnson JNJ Health Care Large-Cap Value 3.30
Kellogg Co K Consumer Staples Large-Cap Value 2.10
Kimberly-Clark Corp KMB Consumer Staples Large-Cap Blend 2.40
Kraft Foods KFT Consumer Staples Large-Cap Blend 3.78
Medtronic Inc MDT Health Care Large-Cap Blend 2.41
Merck & CO Inc MRK Health Care Large-Cap Value 3.18
Novartis NOVN VX Health Care Large-Cap Blend 1.55
Orica Limited ORI AU Materials Large-Cap Blend 1.55
Paychex Inc PAYX Information Technology Mid-Cap Blend 2.32
Pearson Plc PSON LN Consumer Discretionary Large-Cap Growth 1.90
Pepsico Inc PEP Consumer Staples Large-Cap Blend 2.07
Pfizer Inc PFE Health Care Large-Cap Value 3.91
Procter & Gamble Co PG Consumer Staples Large-Cap Value 3.49
Qbe Insurance Group, Limited QBE AU Financials Large-Cap Value 1.22
Red Electrica Corporacion Sa REE SM Utilities Mid-Cap Growth 1.44
Ses SESG FP Consumer Discretionary Large-Cap Blend 1.55
Severn Trent Plc SVT LN Utilities Mid-Cap Growth 1.73
Sysco Corp SYY Consumer Staples Large-Cap Value 2.12
V P Corp VFC Consumer Discretionary Large-Cap Growth 3.35
Verizon Communications VZ Telecommunication Services Large-Cap Value 3.84
Woolworths Limited WOW AU Consumer Staples Large-Cap Blend 1.41

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 100 units 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 $5.0000 per 100 units.
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 $5.0000 per 100 units.

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 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.

as of 12/30/2011

GLDV0104

  • Offer Price -
  • WRAP Price -
  • Bid Price $10.28134
  • Liquidation Price $10.28134

Trust Specifics

  • Oct 01, 2010 Deposit Date
  • Oct 01, 2010 -
    Dec 29, 2010
    Scheduled
    Primary Offering
    Period
  • VKGSGX Nasdaq Symbol
  • 15 months Term of Trust
  • Dec 30, 2011 Termination Date
  • Tax Status:
    Regulated Investment Company
  • Public Offering Price
    (End of deposit date) $10.00000
  • Sales Charge Schedule
  • Sales Charge Volume Discount
  • Est. Net Annual
    Income1 n/a
  • Initial Payable Date2 Feb 25, 2011
  • Initial Record Date2 Feb 10, 2011
  • Re-Investment Options:
    Reinvest, Cash, Wrap Reinvest, Wrap Cash
  • Estimated Frequency of Offering:
    3 months
CUSIPs Regular CUSIP Wrap Fee
Cash CUSIP 92121E308 92121E324
Re-invest CUSIP 92121E316 92121E332
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.