Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Hennion & Walsh, Inc. > News item |
Smart Trust registers Diversified Income and Growth, Series 2 units
By Toni Weeks
San Diego, Jan. 5 - Smart Trust, Diversified Income and Growth Trust, Series 2 has completed its initial registration of units in an S-6 filing with the Securities and Exchange Commission.
The depositor is Parsippany, N.J.-based Hennion & Walsh, Inc.
The trust will seek to provide capital appreciation and current dividend income through investment in an unmanaged, diversified portfolio of common stock of closed-end investment companies.
The units will have a sales charge of 3.95% of the public offering price, consisting a 1% initial sales charge, a 2.45% deferred sales charge and a 0.5% creation and development fee. The sales charge may be reduced to 2.45% on a sliding scale depending on the investment amount.
© 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.