Hennion & Walsh Adds New UIT to SmartTrust Line-Up
SmartTrust Enhanced Value II Trust Provides Exposure to Equities and Closed-end Funds
PARSIPPANY, N.J., Jan. 4, 2011 /PRNewswire/ -- Hennion & Walsh, one of the nation's premier providers of investment services and an advocate for individual investors, is pleased to announce the launch of its SmartTrust®, Enhanced Value II Trust (2010 Series H), a new Unit Investment Trust (UIT) that further expands the firm's line-up of proprietary SmartTrust portfolios.
"Hennion & Walsh is committed to delivering accessible investment strategies that combine disciplined securities selection with diversification across multiple asset classes," said Bill Walsh, President and Partner of Hennion & Walsh. "We're excited to continue expanding our UIT offerings with this latest edition, which provides exposure to both dividend-paying stocks and the unique market of closed-end funds."
The SmartTrust, Enhanced Value II Trust (2010 Series H) seeks to provide a high level of income and total after-tax return. The two-year Trust (Ticker: SMEDAX) will invest in the common stock of 23 domestic and foreign companies, diversified among large, mid and small capitalization companies, primarily in the financial, telecommunication services and energy sectors. The trust will also invest in closed-end investment companies. There is no guarantee the trust will meet its investment objective.
Hennion & Walsh currently offers 14 UITs, including the newly added SmartTrust, Enhanced Value II Trust (2010 Series H). UITs generally invest in a fixed portfolio, typically for a predetermined period of time. Rather than selecting from individual stocks and bonds, UITs allow individuals to invest in a basket of securities with a single purchase. Each portfolio is strategically designed to handle a specific set of investment objectives and needs, keeping in mind risk, income requirements, diversification and liquidity.
"Our SmartTrust UITs provide individual investors with disciplined asset management through highly accessible and carefully screened investment vehicles," said Kevin Mahn, Managing Director and CIO at Hennion & Walsh. "We expect to continue adding innovative strategies to our growing line-up of UITs to fulfill expressed needs from the marketplace and when we see an opportunity to add particular value."
"Hennion & Walsh has been the individual investor's fiercest champion and most passionate advocate since its founding in 1990. As we continue building out the SmartTrust platform, our commitment to helping clients grow and protect their assets remains steadfast," said Rich Hennion, Partner of Hennion & Walsh.
More information about all SmartTrust UITs can be found at www.smarttrustuit.com or by calling 888-505-2872.
About Hennion & Walsh
Hennion & Walsh (www.hennionandwalsh.com), a full service brokerage firm specializing in municipal bonds, was founded in 1990 by Richard Hennion and Bill Walsh. Their mission is to be the individual investor's fiercest and most passionate advocate. Investment guides, webinars, seminars and online content are just some of the ways they help investors become better informed and make better investment decisions. The firm has built its reputation on developing strong, mutually beneficial relationships designed to last a lifetime, serving over 15,000 clients with brokerage accounts and managed portfolios. They are committed to providing individual investors with the institutional-quality service and guidance they believe they are entitled to. Additional information is available at www.hennionandwalsh.com.
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Jami Schlicher |
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SOURCE Hennion & Walsh
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