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Alaia launches trust tied to portfolio of Strategas-picked stocks
By Marisa Wong
Morgantown, W.Va., April 7 – Alaia Market Linked Trust launched a unit investment trust, the Alaia Market-Linked Trust, Series 4-1, linked to the Strategas Policy Basket Portfolio, according to a 497 filing with the Securities and Exchange Commission.
The Alaia Market-Linked Trust, Series 4-1 invests in a portfolio of stocks of companies in the S&P 500 index identified as having the highest lobbying intensity using a proprietary methodology developed and owned by Strategas Research Partners. The portfolio is concentrated in securities in the industrials sector, which represent roughly 30% of the portfolio.
The trust is set to terminate about 15 months from the inception date of April 7.
Distributions will be made quarterly.
Beech Hill Securities, Inc. is the sponsor of the trust and the underwriter.
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