A Unit Trust, also called a Unit Investment Trust or Defined Portfolio, is a portfolio of securities that remains fixed, except under certain circumstances, for the life of the trust. Shares of a unit trust portfolio purchased by individual investors are called "units."
Unit Trusts – Sponsored by Nuveen Investments
Nuveen Investments has previously sponsored various unit trusts (also referred to as defined portfolios). Nuveen does not currently sponsor unit trusts; however, it remains committed to supporting and servicing unit trusts it previously sponsored by providing research surveillance and customer service as well as maintaining the unit trusts’ daily pricing and portfolio information, which may be accessed from this website.
Nuveen 2014 Equity Outlook Portfolio – Sponsored by Incapital
While Nuveen Investments currently does not offer unit trusts as a sponsor, Nuveen Asset Management, LLC, an indirect subsidiary of Nuveen Investments, joined efforts with Incapital LLC to create a new equity unit trust. Nuveen Asset Management serves as portfolio consultant, responsible for recommending a portfolio of securities for the unit trust. Incapital serves as the unit trust’s sponsor and sells units to the public through broker-dealers and other firms.
There is no assurance that a unit investment trust will achieve its investment objective. An investment in a unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. Accordingly, you can lose money investing in a trust.
Please consider the investment objectives, risks, charges and expenses of the unit investment trust carefully before investing. The prospectus contains this and other information about this unit investment trust. To obtain a prospectus, please contact your financial advisor or download a prospectus from sec.gov/edgar.shtml. Please read the prospectus carefully before investing.
Incapital Unit Trust, Series 41, is a unit investment trust that consists of the Nuveen 2014 Equity Outlook Portfolio. Incapital LLC serves as the Sponsor to the Trust.