Advisors Disciplined Trust 785 registers International High 30 units

By Toni Weeks

San Diego, Feb. 6 - Advisors Disciplined Trust 785 registered units of its International High 30 Dividend Portfolio, Series 2012-1Q, 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 will seek to provide above-average total return by investing in a portfolio of stocks selected using a specialized dividend-oriented strategy. The portfolio will consist of 30 stocks, three from each of 10 industry sectors, listed in the S&P ADR index. The index is based on the non-U.S. stocks comprising the S&P Global 1200 index.

The units will each have an initial offering price of $10. Each unit carries a maximum sales fee of 2.95%, which is comprised of an initial sales fee of 1%, a deferred sales fee of 1.45% and a creation and development fee of 0.5%. The sales fee may be decreased on a sliding scale to 1.4% based on the amount of the investment.

The trust's initial date of deposit will be in February.

© 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.