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The EAFE Select 20 Portfolio (EAFE) may offer:
- An internationally diversified portfolio of stocks from established companies around the world.
- An emphasis on international companies that have a record of paying dividends.
- Proprietary stock selection process based on the MSCI EAFESM Index.
- A strategy that has historically been less volatile than the benchmark. Of course, past performance is no guarantee of future results.
- Liquidity and a low minimum investment purchase price.
- The reduction of time, expense and difficulty for an average investor trying to achieve diversification using individual securities.
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EAFE Select 20 Strategy (%) |
MSCI EAFESM
Index |
| 3-year |
12.77 |
8.19 |
| 5-year |
11.74 |
11.07 |
| 10-year |
15.78 |
21.01 |
| 15-year |
17.57 |
18.06 |
| 20-year |
16.97 |
18.50 |
| 25-year |
17.27 |
22.53 |
| 30-year |
16.75 |
21.35 |
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Average annual total return for the EAFE Select 20 Portfolio
and the MSCI EAFE IndexSM
Standard deviation (for the periods ended 12/31/07)
Standard deviation is a measure of volatility that represents the degree to which an investment’s performance has varied from its average performance over a particular period. Standard deviation does not compare the volatility of an investment relative to other investments or the overall stock market. The more an investment’s return varies from the investment’s average return, the more volatile the investment. Standard deviation is based on past performance and is no guarantee of future results. Please refer to the left column for additional information regarding hypothetical strategy performance.
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Portfolio Strategy (%) |
MSCI
EAFESM Index (%) |
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Portfolio Strategy (%) |
MSCI
EAFESM Index (%) |
|
1978 |
5.54 |
34.30 |
1993 |
60.11 |
32.94 |
| 1979 |
4.31 |
6.18 |
1994 |
0.60 |
8.06 |
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1980 |
20.61 |
24.43 |
1995 |
22.05 |
11.55 |
| 1981 |
3.84 |
-1.03 |
1996 |
19.37 |
6.36 |
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1982 |
-3.49 |
-0.86 |
1997 |
22.17 |
2.06 |
| 1983 |
42.02 |
24.61 |
1998 |
22.07 |
20.33 |
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1984 |
18.36 |
7.86 |
1999 |
13.97 |
25.27 |
| 1985 |
14.07 |
56.72 |
2000 |
-1.89 |
-15.21 |
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1986 |
32.31 |
69.94 |
2001 |
-0.26 |
-22.61 |
| 1987 |
29.74 |
24.93 |
2002 |
-3.19 |
-15.57 |
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1988 |
25.60 |
28.59 |
2003 |
33.76 |
39.29 |
| 1989 |
5.03 |
10.80 |
2004 |
38.10 |
20.79 |
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1990 |
-7.55 |
-23.20 |
2005 |
11.89 |
14.13 |
| 1991 |
14.29 |
12.50 |
2006 |
36.69 |
26.98 |
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1992 |
2.08 |
-11.85 |
2007 |
18.98 |
11.76 |
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thru 3/31/08 |
-9.05 |
-8.75 |
Source: Bloomberg, L.P
All strategy performance is hypothetical (not any actual trust) and reflects trust sales charges (full sales charge in first year of 2.95% and reduced rollover charge thereafter of 1.95%) and expenses but not brokerage commissions on stocks or taxes. Past performance is no guarantee of future results. Actual returns will vary from hypothetical strategy returns due to timing differences and because the trust may not be invested equally in all stocks or be fully invested at all times. In any given year the strategy may lose money or underperform the index. Returns are calculated by taking year-end prices, subtracting them from the prices at the end of the following year adjusting for any stock splits that might have occurred during the year) and adding dividends received for the period divided by starting price. Average annual total return and total return measure change in the value of an investment plus dividends, assuming quarterly reinvestment of dividends. Average annual total return reflects annualized change while total return reflects aggregate change and is not annualized. Standard deviation is a measure of volatility that represents the degree to which an investment’s performance has varied from its average performance over a particular period.
Please keep in mind that high, double-digit and/or triple-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.
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EAFE Select 20 Portfolio (EAFE) |
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Brochure
An International Enhanced Index Unit Trust
read more |
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Fact Card
EAFESM Select 20 Portfolio 2008-2
read more |
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There is no assurance that a unit investment trust will
achieve its investment objective. An investment in this unit 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. This trust is unmanaged
and its portfolio is not intended to change during the trust's life except
in limited circumstances. Accordingly, you can lose money investing in this
trust.
This trust is concentrated in the consumer products and
retail sector. Companies that manufacture and distribute consumer products
face risks such as intense competition, the lack of serious barriers to
entry for on-line entrants, economic recession and a slowdown in consumer
spending trends.
Common stocks do not assure dividend payments.
Dividends are paid only when declared by an issuer's board of directors and
the amount of any dividend may vary over time.
Investing in foreign securities involves certain risks
not typically associated with investing solely in the United States. This
may magnify volatility due to changes in foreign exchange rates, the
political and economic uncertainties in foreign countries, and the potential
lack of liquidity, government supervision and regulation.
The trust should be considered as a part of a long term
investment strategy and you should consider your ability to pursue it by
investing in successive trusts, if available. You will realize tax
consequences associated with investing from one series to the next. |