April 4, 2012, 1:52 p.m. EDT
Article from Market Watch
BOCA RATON, Fla. and CHICAGO, April 4, 2012 /PRNewswire via COMTEX/ -- Incapital LLC announced Monday the launch of Incapital Unit Trusts, providing individual investors with a convenient, transparent and cost-effective way to own a professionally-selected and diversified fixed portfolio of securities.
"Incapital is pleased to extend our already robust platform of products to meet the unique needs of various investment portfolios," said Incapital Chief Executive Officer John Radtke. "Incapital Unit Trusts will integrate institutional strategies from our leading global partners into vehicles designed for 'buy and hold' investors."
Incapital will announce global institutional partners for Incapital Unit Trusts in the near future.
Incapital's Unit Trust division is directed by John Browning who previously served as Managing Director of the Unit Trust division at Guggenheim Funds Distributors Inc. and held leadership positions at Van Kampen Investments and Invesco PowerShares.
"We are hitting the ground running in this growing Unit Trust market with the top tier quality products and service Incapital's clients have come to expect," said Browning. "The ability to strategically target a particular asset class or investment methodology combined with options to build core positions make unit trusts a potential lower cost option from which to build an investment portfolio."
Incapital Unit Trusts generally remain fixed and require a low minimum purchase of $1,000. The professionally selected basket of securities may allow investors to diversify market risk without the large capital commitment and time it would require to achieve this type of diversification on their own.
Incapital Unit Trusts have a predetermined investment life which provides for regular opportunities to review and evaluate an investor's current investment needs. Additionally, the daily redemption feature provides flexibility to meet an investor's individual situation.
About Incapital
Incapital LLC is a securities and investment banking firm with offices in Chicago and Boca Raton, Florida. Incapital underwrites and distributes fixed income securities, structured notes and unit trusts through more than 700 broker-dealers, institutions, advisors and wealth managers. With a diverse range of new issue and secondary market offerings, Incapital specializes in U.S. Agency securities, corporate notes, CDs, mortgage-backed securities, municipal bonds, and market-linked notes.
Investors should consider their investment objectives as well as the risks, fees, charges and expenses of the unit investment trust(s) carefully before investing. Investors should also read the prospectus, which contains this and other information about the unit investment(s). To obtain a prospectus, please download one from the SEC's EDGAR filing system or the Unit Trust Offerings page on www.incapital.com .
More information about Incapital is available at www.incapital.com .
Incapital LLC, Member FINRA/SIPC, 200 South Wacker Drive, Ste. 3700, Chicago, IL 60606
SOURCE Incapital LLC
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