Guggenheim Defined Portfolios series 806 invests in 'business titans'

By Toni Weeks

San Diego, Oct. 25 - Guggenheim Defined Portfolios, Series 806 has registered units of its series 1 Multinational Titans Portfolio, according to an S-6 amendment filed with the Securities and Exchange Commission.

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

The trust seeks to maximize total return though capital appreciation by investing in a portfolio of common stocks of large, multinational companies that do business in multiple countries. The companies selected for the portfolio derive a growing portion of their revenue from emerging market countries and are known as "business titans," companies that are recognized leaders in their particular field.

On the Oct. 24 inception date, the trust consisted of 15,186 units with a net asset value of $9.525 per $10.00 unit.

The units have 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 are available on a scale based on the amount of investment.

The trust is scheduled to terminate in roughly two years and has a mandatory termination date of Oct. 23, 2013.

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