Incapital Unit Trust registers Zacks Select U.S. Equities Blend units

By Tali David

Minneapolis, Feb. 17 - Incapital Unit Trust, Series 2 has registered units of its Zacks Select U.S. Equities Blend Portfolio, Series 2Q 2012, according to an S-6 filing with the Securities and Exchange Commission.

The depositor is Chicago-based Incapital LLC.

The trust will seek to provide capital appreciation by investing at least 80% of the value of its assets in equity securities. It will use a quantitative selection process developed by portfolio consultant Zacks Investment Management to determine the constituents of a final portfolio, which will consist of 15 growth stocks and 15 value stocks.

The $10 units will each carry a maximum sales charge of 2.95%, consisting of a 1% initial sales charge, a 1.45% deferred sales charge and a 0.5% creation and development fee. The fee may be reduced on a sliding scale to 1.4% based on the amount of investment.

© 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.