m+ funds | Defined Preservation Fund

You should consider the portfolio’s investment objective, risks, and charges and expenses carefully before investing. Review the prospectus, which contains this and other information about the portfolio. Read it carefully before you invest. The suitability of an investment should be considered based on, among other things,  your investment objective, risk tolerance, financial goals and time horizons. The fund seeks to achieve its investment objective over the life of the fund, and has not been designed to deliver on its investment objective if the units are bought at prices different than the Inception Value of the units or are redeemed prior to the Maturity Date. All returns will be subject to reductions due to ongoing fees and expenses. Investors will not have the right to receive any dividends on the reference asset. There is no guarantee that the fund will achieve its investment objective.

Investment Objective

The trust seeks to provide a percentage return per unit at maturity that equals 2/3rds, or 66.67%, of the positive return, if any, in the SPDR® S&P 500® ETF (SPY) relative to its Initial Reference Value. If the value of SPY decreases from the Initial Reference Value, the return on the units will be negative and will equal 1/3rd, or 33.33%, of any negative return in the value of SPY from the Initial Reference Value.

Key Features

m+ funds | Defined Preservation FundSeries 6-4
Partial Upside* 2/3rds of SPY Partial Downside* 1/3rd of SPY
Maturity Date09.30.2021 Reference AssetSPDR® S&P 500® ETF (SPY) SymbolMPLSIX Fee-based CUSIP62479K131 Standard CUSIP62479K123
Inception Date02.13.2020 Initial Reference Value$337.44 Inception Value per Unit$10.00 Maximum Loss Per Unit*$3.13

*On the Maturity Date only, based on the Inception Value per Unit, and subject to reduction based on fees and expenses. This description is not intended to be complete. You should consider the fund’s investment objective, risks and charges & expenses carefully before investing. Contact your financial advisor and read the prospectus below, which contains this and other information on the fund. Read it carefully before you invest. Offers are made only by prospectus.

Performance

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Current figures are net of accrued expenses to date. The fund’s ability to achieve its investment objective depends on unitholders purchasing units at their Inception Value of $10.00 and holding them until the Maturity Date. Investors who purchase units at a price that is above the Inception Value will be subject to, on the Maturity Date, a return per unit that will be lower than that which the fund seeks through its investment objective. The fund’s value on the Maturity date will depend on the value of the Reference Asset on such date, and current figures displayed are as of the particular date and not representative of any returns or values that investors may earn on the Maturity Date. All fund returns will be net of fees and expenses incurred until and including the Maturity Date, which are not taken into account in certain figures above. Investors should refer to the prospectus for detailed fees and expenses.

Fund Documentation

You should consider the fund’s investment objective, risks and charges and expenses carefully before investing. Contact your financial adviser or read the prospectus below which contains this and other information on the fund. Read it carefully before you invest