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 4/7/2017 in the Prospect News Structured Products Daily.

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.


© 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.