Guggenheim Series 871 registers units of its three portfolios

By Toni Weeks

San Diego, Jan. 13 - Guggenheim Defined Portfolios, Series 847 has registered units of its three portfolios, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Lisle, Ill.-based Guggenheim Funds Distributors, Inc.

The Guggenheim Global Expansion and Dividend Portfolio, Series 4 will seek to provide total return through capital appreciation and has a secondary objective of providing dividend income. It aims to invest in a portfolio of 50 geographically diverse firms that may benefit from broad global economic expansion, finding specific industries that fuel growth, have strong operating leverage where margins expand faster over a fixed cost base and have outperformed significantly in past growth cycles.

The Guggenheim Global Infrastructure and Dividend Portfolio, Series 4 also will seek to provide total return through capital appreciation and has a secondary objective of providing dividend income. It intends to invest in 50 geographically diverse firms that meet major infrastructure needs, such as basic utilities, railroads and major construction-related projects.

The Guggenheim Inflation Defense and Dividend Portfolio, Series 6 will seek current income and total return through capital appreciation by investing in a portfolio of securities of 50 global firms that may benefit from strong or rising commodity prices. These firms may include companies involved in the extraction and production of commodities.

Each $10 unit will carry a maximum sales fee of 2.95%, which is comprised of an initial sales charge of 1%, a deferred sales fee of 1.45% and a creation and development fee of 0.5%. Sales charge reductions of up to 1.5% of the public offering price are available based on the amount of the investment.

The trusts will terminate in about 15 months.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.