Advisors Disciplined Trust 782 invests in gold industry stocks, ETFs

By Toni Weeks

San Diego, Nov. 7 - Advisors Disciplined Trust 782 has registered units of its Series 2011-4Q Global Gold Income Portfolio, according to an S-6/A filed with the Securities and Exchange Commission.

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

The trust seeks to provide income and limited capital appreciation by investing in a portfolio primarily consisting of U.S. Treasury obligations, common stock of foreign and domestic companies involved in aspects of the gold industry, and shares of exchange-traded funds that invest in companies involved in aspects of the gold industry. The stocks and ETF shares are both subject to call options.

The trust's inception date was Nov. 4, at which time there was $686,811 in contracts to purchase underlying securities and 63,321 units, each with a net asset value of $9.555.

The $10 units have a maximum sales fee of 3.95%, which consists of a 1% initial sales fee, a 2.35% deferred sales fee and a 0.6% creation and development fee. Reductions in the sales fee are available on a sliding scale down to 2.45% depending on the amount of the investment.

The termination date will be January 23, 2013.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.