Advisors Disciplined Trust 770 units weather inflationary cycles

By Toni Weeks

San Diego, Oct. 26 - Advisors Disciplined Trust 770 has registered units of its series 2011-2 Global Inflation Growth Portfolio, according to an S-6 amendment filed with the Securities and Exchange Commission.

The depositor is Monument, Colo.-based Advisors Asset Management, Inc.

The trust seeks to provide capital appreciation even if inflation, in general, rises. It invests in a portfolio of stocks and foreign and domestic issuers in sectors that have historically benefitted from an inflationary economic cycle.

The trust's inception date is Oct. 26. As of that date, contracts to purchase underlying securities equaled $147,351. Each of the 14,884 units is being offered at $10 and has a net asset value of $9.555.

The estimated net annual distribution is $0.1256 for the first year and $0.1229 for the second year.

The maximum sales fee is 3.95%, consisting of a 1% initial sales fee, a 2.35% deferred sales fee and a 0.6% creation and development fee. The sales fee may reduce down to 2.45% based on the amount of investment.

The fund's termination date is Oct. 23, 2013.

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