Smart Trust offers Enhanced Value II Trust, Series 4 units

By Toni Weeks

San Diego, March 20 - Smart Trust, Enhanced Value II Trust, Series 4 is offering units, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Parsippany, N.J.-based Hennion & Walsh, Inc.

The trust seeks a high level of income and total return potential by combining asset allocation and equity securities into a unified strategy. The fund will pursue its objective by investing in a fixed, diversified portfolio of publicly traded common stock of companies and closed-end investment companies.

On the initial date of deposit, the aggregate value of securities in the trust is $150,065. The 15,158 units each have a public offering price of $10 and a net asset value of $9.561.

The units have a sales charge of 3.95% of the public offering price, consisting of 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.

The trust's mandatory termination date is March 20, 2014.

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