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Published on 1/25/2012 in the Prospect News Fund Daily.

Advisors Disciplined Trust 804 offers BRIC Advantage Portfolio units

By Toni Weeks

San Diego, Jan. 25 - Advisors Disciplined Trust 802 is offering units of its BRIC Advantage Portfolio, Series 2012-1, 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 companies incorporated in or with headquarters in Brazil, Russia, India or China.

On Jan. 25, the trust's inception date, $148,496 in contracts to purchase securities comprised the trust. The 15,000 units each have an initial offering price of $10 and a net asset value of $9.555. The estimated net annual distribution is $0.1747 for the first year and $0.171 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. 23, 2014.


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