MONUMENT, Colo., Sept. 7, 2017 /PRNewswire/ -- Advisors Asset Management (AAM) announced today that it exceeded $1 billion in sales in unit investment trusts (UITs) where Cyrus J. Lawrence (CJL) serves as the portfolio consultant.
CJL is a New York-based investment management boutique providing customized portfolios to individuals, families and institutions. The AAM UITs where CJL acts as portfolio consultant seek to provide above-average total return primarily through capital appreciation. CJL has a long-term record of utilizing its portfolio strategy expertise to build innovative portfolios that can potentially benefit from longer-term market trends.
CJL is the portfolio consultant to:
- Bulldog Portfolio – UITs that seek to provide above-average total return primarily through capital appreciation, focusing on stocks of companies that are aggressive and tenacious about taking and defending market share, among other things.
- American Renaissance Portfolio – UITs that seek to provide above-average total return primarily through capital appreciation, identifying companies with three key viewpoints in mind; resurgence in U.S. manufacturing, the exploitation of U.S. domestic low cost energy as a result of hydraulic fracturing and favorable long-term labor costs and housing demographics.
- European Select Portfolio – UITs that seek to provide above-average total return primarily through capital appreciation by investing in a diversified portfolio of stocks of companies organized in Europe.
"We believe the surest path to long-term investment success and a common thrust through all Cyrus J. Lawrence investment strategies is our team's focus on companies with the potential to deliver real sustainable earnings growth, regardless of the global macro landscape," said Bernhard Koepp, CEO of Cyrus J. Lawrence. "It is this singular focus on unique thematic growth opportunities that we believe sets our firm apart."
Richard Stewart, CFA, Executive Vice President UITs at AAM, commented: "Our partnership with Cyrus J. Lawrence demonstrates our commitment to teaming up with high-quality managers to ensure investors receive access to innovative investment strategies."
About Advisors Asset Management
For more than 35 years, AAM has been a trusted resource for financial advisors and broker/dealers. It offers access to UITs (unit investment trusts), open- and closed-end mutual funds, separately managed accounts (SMAs), structured products and the fixed income markets, as well as portfolio analytics. For more information, visit www.aamlive.com.
As of June 30, 2017 the brokerage and advised business at AAM represents approximately $21.3 billion in assets. (Assets under supervision represent $7.9 billion in UIT assets. The firm has $12.1 billion in assets under administration that represents the non-proprietary assets for which AAM provides various levels of service, but not management. The firm's $1.3 billion in assets under management represents AAM's proprietary separately managed account and mutual fund assets.)
Unit Investment Trusts (UITs) are sold only by prospectus. You should consider the trust's investment objectives, risks, charges, and expenses carefully before investing. Contact your financial professional or visit Advisors Asset Management online at www.aamlive.com/uit to obtain a prospectus, which contains this and other financial information about the trust. Read it carefully before you invest or send any money. As with any investment, investors may lose money by investing in UITs and the trust may not perform as well as expected. Investing in UITs is a long-term strategy and investors should consider their ability to invest in successive trusts, if available. Investors also should consult a tax professional regarding the tax implications associated with investing in UITs. Securities offered through your financial professional.
This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity within the meaning of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her advisers.
Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC. | 18925 Base Camp Road | Monument, CO 80132 | www.aamlive.com
CRN: 2017-0831-6125 R
View original content with multimedia:http://www.prnewswire.com/news-releases/advisors-asset-management-surpasses-1-billion-in-cyrus-j-lawrence-uit-sales-300515298.html
SOURCE Advisors Asset Management