Guggenheim Series 854 offers BRIC, Canadian Energy and Income units

By Tali David

Minneapolis, Jan. 18 - Guggenheim Defined Portfolios, Series 854 is offering units of its BNY Mellon Brazil, Russia, India and China (BRIC) Portfolio, Series 12 and its Canadian Energy and Income Portfolio, Series 25, according to an S-6 amendment filed with the Securities and Exchange Commission.

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

The BRIC trust seeks capital appreciation through investing in the securities included in the Bank of New York Mellon BRIC Select ADR Index. The portfolio will contain only the securities that are currently trading as of Jan. 18, its initial date of deposit, and will not be adjusted to reflect subsequent changes to the index securities.

On its Jan. 18 inception date, $150,096 in contracts to purchase securities comprised the trust. The 15,161 units each have a public offering price of $10 and a net asset value of $9.525 per unit.

The Canadian Energy trust seeks to maximize total return primarily through capital appreciation and consists of securities of 20 Canadian-traded companies in the energy sector.

On its Jan. 18 inception date, $149,794 in contracts to purchase securities comprised the trust. The 15,131 units each have a public offering price of $10 and a net asset value of $9.525 per unit.

Each unit carries a maximum sales fee of 3.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 2.45% and a creation and development fee of 0.5%. Sales charge reductions are available based on the amount of the investment.

The trusts have a mandatory termination date of Jan. 15, 2014.

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