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Published on 11/17/2011 in the Prospect News Fund Daily.

Guggenheim Defined Portfolios, Series 837 registers units

By Toni Weeks

San Diego, Nov. 17 - Guggenheim Defined Portfolios, Series 837, which consists of two trusts, has registered units in an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Lisle, Ill.-based Guggenheim Funds Distributors, Inc.

The two trusts are the Global Water Equities Portfolio, Series 21 and the Global Agriculture Portfolio, Series 12.

The Global Water Equities Portfolio seeks to maximize total return through capital appreciation with a secondary objective of current income. It consists of a portfolio of 34 securities that have a focus in at least one of the categories comprising the global water business, such as procurement, treatment, purification, filtration and distribution of water and/or wastewater.

On the Nov. 17 inception date, $173,191 of sponsor's contracts to purchase underlying securities comprised the trust. The 17,494 units had an offering price of $10 and a net asset value of $9.525.

The trust is scheduled to terminate Nov. 21, 2013.

The Global Agriculture Portfolio seeks to maximize total return primarily through capital appreciation. It consists of 30 securities of companies that may appreciate in value in an environment of rising agricultural commodity prices. The commodities include corn, soybeans, wheat, sugar, palm oil, cotton, fruit and livestock, among others. The trust also invests in companies that help farmers increase crop yields and that benefit from the trading of agricultural commodities.

On the Nov. 17 inception date, $188,423 of sponsor's contracts to purchase underlying securities comprised the trust. The 19,033 units had an offering price of $10 and a net asset value of $9.525.

The trust has a termination date of Nov. 20, 2013.

Units from both trusts carry a maximum sales fee of 3.95%, consisting of a 1% initial sales fee, a 2.45% deferred sales fee and a 0.5% creation and development fee. Sales charge reductions of up to 1.5% of the offering price may be available for any of the portfolios, depending on the amount of investment.


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