This unit investment trust invests in a fixed portfolio of stocks for approximately 15 months. The portfolio adheres to a simple strategy of investing in an equally-weighted portfolio of the five lowest-priced of the ten highest dividend-yielding stocks of the Dow Jones Industrial Average® (DJIA®).
The strategy is based on three important elements:
Higher Dividend Yields – Blue-chip stocks with higher dividend yields may indicate that the stocks are out of favor or may be undervalued.
Industry Leaders – The companies included in the DJIA® are some of the most widely-held and well-capitalized companies in the world.
Discipline – The strategy dictates what to buy, when to buy, and when to sell. No emotional judgments are made and the strategy remains the same.