A Unit Investment Trust (UIT) is a trust that holds a fixed portfolio of securities that are offered to investors in “unit” increments. Investors purchase units of the trust and receive a share of the trust’s earned income, if any, and their share of the holdings at the trust’s maturity.

A UIT is similar to a mutual fund in that it pools together the funds raised by selling the units, and purchases a diversified portfolio of investments. However, UITs are created for a specific length of time and the portfolio of investments is fixed. In other words, a UIT will hold the same portfolio of investments at the time of its maturity as it does at the initial investment.

UITs are designed with a specific investment goal in mind – taxable or tax-free fixed income, or growth and income through trusts that follow a specific investment strategy, sector or market index.

Features to consider:

• A diversified portfolio of securities through a single investment
• Scheduled maturity
• Buy and hold strategy
• Daily liquidity (However, if sold prior to maturity, the trust may be worth more or less than its original cost and any outstanding sales charges will be deducted upon redemption.)
• Low administrative costs
• Low minimum investments (typically $1,000)

Learn more and discuss what opportunities are available today for investing in Unit Investment Trusts by contacting your Ziegler financial advisor.

Unit Investment Trusts are not actively managed. Therefore, stocks in the Trust will not be sold to take advantage of various market conditions. The Trust may continue to purchase or hold stocks even though their market value and dividend yields may have changed. It is also possible securities in the Trust will depreciate, and that the Trust may not achieve its intended objective. In addition, each Trust is subject to specific risks, which vary depending on the Trust’s investment objectives and portfolio composition. Unit Investment Trusts are sold only by prospectus.

Past performance is no guarantee of future results. Investors should consider the investment objectives, risks, charges and expenses associated with this investment, and should carefully review the prospectus, containing this and other information, before investing or sending money. Contact your Ziegler financial advisor for a copy of the prospectus.