Advisors Disciplined Trust 812 offers Dividend Advantage units

By Tali David

Minneapolis, Feb. 3 - Advisors Disciplined Trust 812 is offering units of its Dividend Advantage Portfolio, Series 2012-1Q, according to an S-6 amendment with the Securities and Exchange Commission.

The depositor is Monument, Colo.-based Advisors Asset Management, Inc.

The trust seeks to provide above-average total return through application of a combination of Eugene E. Peroni Jr.'s method of technical analysis, historical quantitative analysis and fundamental analysis.

On Feb. 3, the trust's inception date, $147,964 of contracts to purchase securities comprised the trust. The 14,946 units have an initial offering price of $10 and a net asset value of $9.655 each. The estimated net annual distribution is $0.407 per unit.

Each unit carries a maximum sales fee of 2.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 1.45% and a creation and development fee of 0.5%. For purchase over $50,000 the sales charge may be reduced on a sliding scale to 1.4% based on the amount of the investment.

The trust has a mandatory termination date of May 8, 2013.

© 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.