Unit Trusts

Small Cap Core Strategy (SMLC0134)

Strategy

The portfolio seeks to provide capital appreciation. The Portfolio seeks to achieve its objective by using an enhanced index strategy to select a portfolio of 40 stocks. The selection process selects 20 stocks using the Small Cap Growth Strategy and 20 stocks using the Small Cap Value Strategy.
as of 02/28/2014

Style map

as of 04/23/2014

Country Breakdown

as of 04/23/2014

Sector Breakdown

as of 04/23/2014

Market Cap / Style Breakdown

as of 04/23/2014

Keystats

Weighted Avg P/E 20.19
Weighted Avg P/B 3.10
Weighted Avg Market Cap (MM) $1,770.48
Weighted Avg 1 Yr EPS 2.58%
Weighted Avg 3 Yr EPS 93.86%
Weighted Avg Beta 1.16
From 12/31/1996 - 12/31/2013
( Source Bloomberg, L.P. )

Hypothetical Performance of
$10,000 Investment

Annual Total Return

Standard Deviation Strategy S&P SMALL CAP 600
12/31/1996 - 12/31/2013 18.09% 18.25%
Annual Total Return Strategy S&P SMALL CAP 600
12/31/1997 17.54% 25.58%
12/31/1998 5.32% -1.32%
12/31/1999 19.49% 12.41%
12/31/2000 26.45% 11.81%
12/31/2001 30.78% 6.55%
12/31/2002 -5.90% -14.16%
12/31/2003 49.30% 38.79%
12/31/2004 16.46% 22.68%
12/31/2005 11.42% 7.70%
12/31/2006 11.10% 15.13%
12/31/2007 3.78% -0.30%
12/31/2008 -21.71% -31.07%
12/31/2009 43.06% 25.57%
12/31/2010 29.89% 26.31%
12/31/2011 -2.30% 1.01%
12/31/2012 16.88% 16.33%
12/31/2013 33.94% 41.31%
03/31/2014 -3.35% 1.13%

Average Annual Total Return

Average Annual Return
(for the period ended 12/31/2013)
Strategy S&P SMALL CAP 600
1-Year 32.60% 41.31%
3-Year 17.15% 18.41%
5-Year 24.47% 21.37%
10-Year 13.34% 10.66%
15-Year 16.37% 10.33%

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 Portfolio will make distributions of income and capital on each specified Distribution Date to Unit holders 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.

Value, blend and growth are types of investment styles. Growth investing generally seeks stocks that offer the potential for greaterthan-average earnings growth, and may entail greater risk than value or blend investing. Value investing generally seeks stocks thatmay be sound investments but are temporarily out of favor in the marketplace, and may entail less risk than growth investing. Ablend investment combines the two styles.


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 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.

This trust is concentrated in the industrials sector. General risks of industrials companies include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer spending trends.

This trust is also concentrated in the consumer discretionary 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.

Stocks of small capitalization companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.

as of 04/23/2014

Cumulative Return (%)

Maximum Sales Charge: 2.45%
Year to Date (%) Since Deposit (%) 3 month (%) 6 month (%)
With Sales Charge -3.94 4.09 -2.02 0.33
Without Sales Charge -1.49 6.71 0.44 2.86
S&P SMALL CAP 600 0.34 10.36 0.62 5.96
as of 04/23/2014

Average Annual Return (%)

1 yr (%) 5 yr (%) 10 yr (%) Since Deposit (%)
With Sales Charge N/A N/A N/A N/A
Without Sales Charge N/A N/A N/A N/A
S&P SMALL CAP 600 N/A N/A N/A N/A

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 4.09%
Without Sales Charge 6.71%
S&P SMALL CAP 600 10.36%

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 Unit holders 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 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.

This trust is concentrated in the industrials sector. General risks of industrials companies include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer spending trends.

This trust is also concentrated in the consumer discretionary 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.

Stocks of small capitalization companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.

as of 04/23/2014
Stocks Symbol Sector Market Cap/
Style
Weighting
(%)
Aegion Corporation AEGN Other Small-Cap Blend 2.46
Allegiant Travel Company ALGT Other Small-Cap Growth 2.80
Arctic Cat Inc ACAT Other Small-Cap Growth 1.82
Banner Corp BANR Other Small-Cap Value 2.59
Barnes Group Inc B Other Small-Cap Blend 2.57
Buffalo Wild Wings Inc BWLD Other Small-Cap Growth 2.83
Drew Inds Inc DW Other Small-Cap Growth 2.62
Emcor Group Inc EME Other Small-Cap Blend 2.89
Enersys ENS Other Small-Cap Blend 2.57
Esco Technologies Inc ESE Other Small-Cap Blend 2.41
Ezcorp Inc- Cl A EZPW Other Small-Cap Value 1.60
G & K Services Inc- Cl A GK Other Small-Cap Blend 2.36
Genesco Inc GCO Other Small-Cap Blend 2.68
Heartland Payment Systems, Inc. HPY Other Small-Cap Growth 2.29
Impax Laboratories, Inc. IPXL Other Small-Cap Growth 3.03
Inter Parfums Inc IPAR Other Small-Cap Growth 2.74
J2 Global, Inc. JCOM Other Small-Cap Growth 2.22
Kaiser Aluminum Corp KALU Other Small-Cap Blend 2.37
Kelly Services Inc KELYA Other Small-Cap Blend 2.65
Lhc Group Inc LHCG Other Small-Cap Blend 2.14
Magellan Health Services, Inc. MGLN Other Small-Cap Value 2.14
Materion Corp MTRN Other Small-Cap Value 2.82
Multimedia Games Holding Company, Inc MGAM Other Small-Cap Growth 2.11
Navigant Consulting Co NCI Other Small-Cap Blend 2.77
Navigators Group Inc NAVG Other Small-Cap Blend 2.46
Old Dominion Freight Line ODFL Other Mid-Cap Growth 2.82
Orbital Sciences Corp ORB Other Small-Cap Growth 3.04
Portfolio Recovery Associates, Inc. PRAA Other Small-Cap Growth 2.36
Quaker Chemical Corporation KWR Other Small-Cap Blend 2.59
Questcor Pharmaceuticals Inc QCOR Other Mid-Cap Blend 3.36
Rogers Corporation ROG Other Small-Cap Blend 2.51
Select Comfort Corporation SCSS Other Small-Cap Blend 1.68
Standard Motor Products, Inc. SMP Other Small-Cap Value 2.65
Steve Madden, Ltd. SHOO Other Small-Cap Blend 2.31
Sturm Ruger & CO Inc RGR Other Small-Cap Growth 2.21
Sykes Enterprises Inc SYKE Other Small-Cap Value 2.69
Synnex Corp SNX Other Small-Cap Value 2.69
Texas Roadhouse Inc TXRH Other Small-Cap Blend 2.25
Toro Co TTC Other Mid-Cap Growth 2.69
Unifirst Corp UNF Other Small-Cap Blend 2.23

1The Portfolio will make distributions of income and capital on each specified Distribution Date to Unit holders 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.

Value, blend and growth are types of investment styles. Growth investing generally seeks stocks that offer the potential for greaterthan-average earnings growth, and may entail greater risk than value or blend investing. Value investing generally seeks stocks thatmay be sound investments but are temporarily out of favor in the marketplace, and may entail less risk than growth investing. Ablend investment combines the two styles.


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 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.

This trust is concentrated in the industrials sector. General risks of industrials companies include the general state of the economy, intense competition, consolidation, domestic and international politics, excess capacity and consumer spending trends.

This trust is also concentrated in the consumer discretionary 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.

Stocks of small capitalization companies are often more volatile than those of larger companies as a result of several factors such as limited trading volumes, products or financial resources, management inexperience and less publicly available information.

as of 04/23/2014

SMLC0134

  • Offer Price $10.54060
  • WRAP Price $10.33400
  • Bid Price $10.35680
  • Liquidation Price $10.28240

Trust Specifics

  • Oct 10, 2013 Deposit Date
  • Oct 10, 2013 -
    Jan 08, 2014
    Scheduled
    Primary Offering
    Period
  • ISLLCX Nasdaq Symbol
  • 15 months Term of Trust
  • Jan 09, 2015 Termination Date
  • Tax Status:
    Regulated Investment Company
  • Public Offering Price
    (End of deposit date) $10.00000
  • Maximum Sales Charge 2.45%
  • Sales Charge Schedule
  • Sales Charge Volume Discount
  • Est. Net Annual
    Income1 $0.041460
  • Initial Payable Date2 Feb 25, 2014
  • Initial Record Date2 Feb 10, 2014
  • Re-Investment Options:
    Reinvest, Cash, Wrap Reinvest, Wrap Cash
  • Estimated Frequency of Offering:
    3 months
CUSIPs Regular CUSIP Wrap Fee
Cash CUSIP 46133V393 46133V419
Re-invest CUSIP 46133V401 46133V427
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.