E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/23/2012 in the Prospect News Fund Daily.

Advisors Disciplined Trust 835 offers Agriculture Opportunity units

By Toni Weeks

San Diego, March 23 - Advisors Disciplined Trust 835 is offering units of its Agriculture Opportunity Portfolio, Series 2012-1, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Monument, Colo.-based Advisors Asset Management, Inc.

The trust seeks to provide capital appreciation by investing in a portfolio of stocks of companies involved in aspects of the agriculture industry. The portfolio was selected by Eugene E. Peroni, Jr. using the Peroni Method, which uses technical analysis to identify stocks best able to provide capital appreciation.

On March 23, the trust's inception date, $318,699 of contracts to purchase securities comprised the trust. The 32,192 units have an initial offering price of $10 and a net asset value of $9.555 each. The units have an estimated net annual distribution of $0.0772 for the first year and $0.0755 for the second year.

Each unit carries a maximum sales fee of 3.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 2.45% and a creation and development fee of 0.5%. The fee may be reduced on a sliding scale to 1.75% depending on the number of units purchased.

The trust has a mandatory termination date of March 21, 2014.


© 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.