UITs
Unit Investment Trusts (UITs) offer some features found in other pooled investments such as mutual funds or ETFs, but with two primary differences as well: the portfolios and the lifespan are both defined. Nasdaq Dorsey Wright has partnered with UIT providers to incorporate relative strength screening within the investment methodology of these investment products.
First Trust Dorsey Wright Relative Strength Dividend UIT
This is a First Trust Unit Investment Trust that invests in stocks we select and is designed to be held over the fixed 15-month term of the trust. The trust seeks above-average total return through a combination of capital appreciation and dividend income by investing in a portfolio of companies selected by DWA using a comprehensive evaluation process
First Trust Dorsey Wright Relative Strength Top 50 UIT
The Relative Strength Top 50 is a First Trust Unit Investment Trust that invests in stocks Nasdaq Dorsey Wright selects using our proprietary investment process and is designed to be held over the fixed 15-month term of the trust. The trust is constructed as an equally-weighted portfolio of high Relative Strength securities, which seeks above-average capital appreciation. The overall sector weighting is designed to be close to that of the current market weights.
SmartTrust Dorsey Wright International Momentum UIT
This 15-month SmartTrust Unit Investment Trust seeks to provide investors with the possibility of capital appreciation through investment in equity securities of foreign companies. Nasdaq Dorsey Wright selects the securities using our proprietary investment process using Relative Strength (momentum) and then equally weights the 50 strongest companies based on their respective Relative Strength rankings
