PARSIPPANY, N.J., Aug. 23, 2017 /PRNewswire/ — Hennion & Walsh today announced the recent launch of two new unit investment trust (UIT) strategies, further expanding its suite of proprietary SmartTrust® Unit Investment Trust (UIT) portfolios.
The first strategy is the E-Commerce Ecosystem Trust. This Trust seeks to provide investors with total return potential by investing in equity securities of companies in the E-Commerce industry which are part of the "E-Commerce Ecosystem." For these purposes, Hennion & Walsh defines the "E-Commerce Ecosystem" as the network of interconnected functions that comprise the full cycle of the buying and selling of goods and services electronically. Companies considered will be in one of the six following Global Industry Classification Standard (GICS) Sub-Industries at the time of the Trust's deposit:
- Internet & Direct Marketing Retail
- Technology Hardware, Storage & Peripherals
- Internet Software & Services
- Data Processing & Outsourced Services
- Air Freight & Logistics
- Industrial REITs
"E-Commerce continues to grow and there are many different companies, within different industries, that stand to potentially benefit from being a part of the E-Commerce Ecosystem," said Kevin Mahn, Chief Investment Officer of SmartTrust®. Mahn added, "As a result, we are very excited to now have launched an investment solution to help investors participate in that growth."
The second strategy, developed in partnership with Portfolio Consultant Argus Investors' Counsel, Inc., is the Argus Modern Innovators Trust. This Trust seeks to provide investors with total return potential by investing in equity securities of companies that Argus believes are modern innovators. For these purposes, Argus defines innovation to include four types of companies:
- Disruptors
- New Product Specialists
- Product & Process Perfectors
- First to New Markets
"We are pleased to partner with the dedicated team of professionals at SmartTrust® to bring an innovative approach to investing in innovation to market," said John Eade, Chairman and CEO of Argus Research Group.
These new strategies bring the total number of SmartTrust® UIT strategies available for purchase in the primary market to 25. More information, including a prospectus, on both of these new UIT strategies can be found at www.smarttrustuit.com. Investors should consider the Trust's investment objective, risks, charges and expenses carefully before investing. The prospectus contains this and other information relevant to an investment in either Trust.
"Both of these new product launches, in addition to our recent hire of industry veteran John Browning, are examples of how committed we are to the UIT business and the continued growth of the SmartTrust® platform here at Hennion & Walsh," said Bill Walsh, Chief Executive Officer and Partner of Hennion & Walsh. Fellow Partner Rich Hennion added, "We are very optimistic about what the future holds for SmartTrust®."
About SmartTrust®
SmartTrust® UITs, sponsored by Hennion & Walsh, offer diversified income and total return opportunities through innovative investment strategies. Assets grew by 20 percent in 2016 while the number of Trusts outstanding grew by 12 percent over the same period. For more information about Hennion & Walsh's SmartTrust® UIT products, please contact the firm's Internal Support Desk at (888) 505-2872, or visit www.smarttrustuit.com. Hennion & Walsh is a member of FINRA and SIPC. Additional information on Hennion & Walsh is available at www.hennionandwalsh.com.
SOURCE Hennion & Walsh
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