NEW YORK, Sept. 28, 2009 (GLOBE NEWSWIRE) -- Advisors Asset Management, Inc. and The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the introduction of the NASDAQ Q-50 Index(SM) Portfolio, a unit investment trust (UIT) that seeks to provide above average total return by investing in stocks included in the NASDAQ Q-50 Index(SM) (Nasdaq:NXTQ). The NASDAQ Q-50 Index Portfolio will be available through licensed financial professionals.
"The NASDAQ Q-50 Index Portfolio is a convenient and cost effective way to invest in some of the world's fastest growing mid-cap companies in a diverse range of industries," said Richard A. Stewart, CFA, Senior Vice President of Advisors Asset Management. "We are pleased to add the NASDAQ Q-50 Index Portfolio to our broad array of solutions that are designed to meet a wide range of investment objectives."
"We are pleased to partner with Advisors Asset Management on the introduction of the NASDAQ Q-50 Index Portfolio," said NASDAQ OMX Executive Vice President John Jacobs. "As a result of our collaboration, investors have a new opportunity to further diversify their portfolios by investing in some of the world's most innovative mid-cap growth companies."
The NASDAQ Q-50 Index is a market-capitalization weighted index designed to track the performance of securities that are next-eligible for inclusion in the world-renowned NASDAQ-100 Index(R), a globally recognized benchmark that is the basis of more than 1,200 investment products in 35 countries. The NASDAQ Q-50 Index is comprised of 50 non-financial securities ranked by market capitalization. They reflect companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade, and biotechnology. For more information about the NASDAQ Q-50 Index, visit https://indexes.nasdaqomx.com/data.aspx?IndexSymbol=NXTQ&menuIndex=0.
NASDAQ OMX is a global leader in creating and licensing strategy indexes and is home to the most widely watched indexes in the world. As a premier, full-service provider, the NASDAQ OMX Global Index Group is dedicated to designing powerful indexes that are in sync with a continually changing market environment. Utilizing its expanded coverage as a global company, NASDAQ OMX has more than 1,500 diverse equity, commodity and fixed-income indexes in the U.S., Europe, and throughout the world.
NASDAQ OMX's calculation, licensing and marketing support provide the tools to measure and replicate global markets. The NASDAQ OMX Global Index Group's range of services covers the entire business process from index design to calculation and dissemination. For more information about NASDAQ OMX indexes, visit https://indexes.nasdaqomx.com/.
Access to essential historical index data for NASDAQ OMX indexes can be accessed from a single source, NASDAQ OMX Global Index Watch. For additional information, please visit https://indexes.nasdaqomx.com/indexwatch.aspx.
About Advisors Asset Management
Advisors Asset Management, Inc. (AAM), a broker/dealer, member FINRA, SIPC and registered investment advisor, is an investment solutions partner for advisors and Broker/Dealers offering a vast array of financial tools, leading technologies and industry expertise. Established in 1979, AAM manages over $240 million in client assets and $3.5 billion in assets under supervision. With 10 major offices across the nation, AAM partners with more than 90 broker/dealers, including 34,000 registered reps, 3,000 independent registered advisors, and 175 street accounts that include small and regional broker/dealers and wirehouses. The principals of the AAM UIT Creation and Development team each have over two decades of experience in the creation, evaluation, supervision and distribution of all types of unit investment trusts. AAM is a broker/dealer, investment advisor, SEC registered Investment Company and member FINRA/SIPC. For more information about Advisors Asset Management, visit http://www.aam.us.com.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,700 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the NASDAQ Q-50 Index(SM) Portfolio and The NASDAQ Q-50 Index(SM) and NASDAQ OMX Group's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to, factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
NASDAQ Q-50 Index(SM) is a servicemark of The NASDAQ OMX Group, Inc. (which with its affiliates and subsidiaries are collectively "NASDAQ OMX") and is licensed for use by Advisors Asset Management, Inc. The NASDAQ Q-50 Index(SM) Portfolio, a unit investment trust (UIT), has not been passed on by NASDAQ OMX as to its legality or suitability. The NASDAQ Q-50 Index(SM) Portfolio is not issued, endorsed or sold by NASDAQ OMX. NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE NASDAQ Q-50 INDEX PORTFOLIO.
UITs are sold only by prospectus. Information contained herein is subject to change. Units may not be sold nor may an offer to buy be accepted prior to the UIT's date of deposit. There are various risks associated with investing in equities and investors should consult their financial professional before making any investment decisions. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial professional to request a prospectus or visit www.aamportfolios.com, which contains this and other information about the trust. Read it carefully before you invest or send money.
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