Advisors Disciplined Trust 767 picks stocks with 'strong fundamentals'

By Toni Weeks

San Diego, Oct. 20 - Advisors Disciplined Trust 767 has registered units of its series 2011-4Q Angels Portfolio, according to an S-6 amendment filed 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 capital appreciation by investing in a portfolio of stocks of companies identified as having strong fundamentals.

The units will be priced at $10.00 apiece, with a minimum investment of $1,000. On the Oct. 20 inception date, the principal amount of the trust is $148,227, consisting of 14,972 units, each with a net asset value of $9.655. The estimated net annual distribution is $0.0517 per unit.

The maximum total sales fee of 2.95% includes a 1% initial sales fee, a 1.35% deferred sales fee and a $0.60 creation and development fee. The fee will decrease on a sliding scale to 1.4% as the size of the investment increases.

The trust has a mandatory termination date of Jan. 29, 2013.

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