Advisors Disciplined Trust 802 offers Global Technology units

By Toni Weeks

San Diego, Jan. 23 - Advisors Disciplined Trust 802 is offering units of its Global Technology Portfolio, Series 2012-2, according to an S-6 amendment with the Securities and Exchange Commission.

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

The trust seeks above-average total return primarily through capital appreciation and will invest in a portfolio of stocks of foreign and domestic companies involved in the information technology sector. Under normal conditions, the trust will invest at least 40% of its total assets in foreign common stocks.

On Jan. 23, the trust's inception date, $148,716 in contracts to purchase securities comprised the trust. The 15,022 units each have an initial offering price of $10 and a net asset value of $9.555. The estimated net annual distribution is $0.0042 for the first year and $0.0041 for the second year.

Each unit carries a maximum sales fee of 3.95%, which comprises an initial sales fee of 1%, a deferred sales fee of 2.45% and a creation and development fee of 0.5%. The sales charge may be decreased to 2.45% on a sliding scale based on the amount of the investment.

The trust's termination date is Jan. 16, 2014.

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