PARSIPPANY, N.J., October 18, 2018 /PRNewswire/ — Hennion & Walsh announced that it recently achieved a significant milestone through the 400th deposit day of its platform of SmartTrust® Unit Investment Trusts (UITs) with the multiple deposits that took place on October 17, 2018. The multiple deposits included the following UIT strategies:
• SmartTrust®, Dorsey Wright International Momentum Trust, Series 13
• SmartTrust®, Miller/Howard North American Energy Opportunities Trust, Series 12
• SmartTrust®, Defensive 50 Equities Trust, Series 17
• SmartTrust®, Smart Ten Trust, Series 14
• SmartTrust®, Zacks GARP Composite 35 Trust, Series 19
“I believe that some of the primary factors that have contributed to our success and longevity include our laser focus on the UIT product and our desire to only bring new products to market when the strategy has value in the market and demand from the marketplace”, said Kevin Mahn, Chief Investment Officer of SmartTrust®.
SmartTrust®, one of the top providers of UITs in the country, has grown significantly since the first SmartTrust® UIT was launched in 2003 and now has 24 different UIT strategies available for purchase in the primary market across the categories of taxable income, tax free income, equity-oriented/theme-based and taxable equity and income.
“Our 400th deposit anniversary is reflective of our long-standing commitment to providing both innovative UIT investment solutions and outstanding service and support to the many financial advisors we are fortunate to work with across the country,” said Bill Walsh, Chief Executive Officer and Partner of Hennion & Walsh. Fellow partner Rich Hennion added, “While we celebrate this accomplishment today, we also look forward to many more successful deposit days for SmartTrust® in the months and years ahead.”
SmartTrust® UITs, sponsored by Hennion & Walsh, offer diversified income and total return opportunities through innovative investment strategies. As of December 29, 2017, assets have grown by an annualized rate of 19 percent over the past five years while the number of Trusts outstanding grew by an annualized rate of 21 percent over the same period. For more information about Hennion & Walsh’s SmartTrust® UIT products, please contact the firm’s Internal Support Desk at (888) 505-2872, or visit www.smarttrustuit.com. Hennion & Walsh is a member of FINRA and SIPC. Additional information on Hennion & Walsh is available at www.hennionandwalsh.com.