CHICAGO--(Business Wire)--UIT Investing™, Inc., a Registered Investment Advisor based in Chicago,
Illinois, today announced the launch of the first dedicated unit
investment trust (UIT) research platform available to the public.
UIT Investing offers financial advisors, investment advisors, research
analysts, and portfolio managers – as well as individual investors –
full access to a library of detailed, comprehensive research reports on
UIT strategies.
Each report, offered to clients for a monthly subscription fee, will
feature an individual 1-5 star rating in each of three categories: 1.
performance, 2. risk and 3. expense. The performance and risk categories
are rated on three time periods – 3, 5, & 10 years (if applicable). The
expense rating compares the all-in expenses of the UIT offering on a
fixed scale.
“UITs are an underutilized investment product that don’t receive the
exposure and attention that other packaged products like mutual funds,
closed-end funds, and exchange traded funds get,” said Randy Watts, an
experienced UIT investment expert and co-founder and CEO of UIT
Investing. “Nonetheless, the UIT industry is a multi-billion dollar
asset industry and numerous advisors who direct their client’s assets
into these investments need a place to quickly and easily retrieve
detailed UIT information and ratings.”
UIT Investing’s research portal, report format, and proprietary rating
system is unique among investment research services. The firm’s research
reports provide detailed information about each trust’s investment
objective and security selection strategy, and outline the various
assets within the trust.
“Our ratings are driven by hard data,” said Watts. “Numbers don’t lie
and that’s why we take a quantitative approach to our research. Sponsor
fact sheets and offering documents typically include a listing and
weighting of all trust securities, but our ratings are what make our
research invaluable to UIT investors. Our cutting-edge software and
algorithms are geared specifically for analyzing and rating UITs, and
our goal is to become the preeminent source for UIT information,
analysis, and ratings.”
UIT Investing offers two levels of service. A free subscription (no
account required) allows clients to view basic information on UITs, such
as a general description of the trust, the trust’s classification, and
its investment objectives. Their “Professional” level subscription is
fee-based and provides unlimited access to detailed, multi-page reports,
as well as the firm’s proprietary ratings of each UIT it covers.
The UIT Investing executive team is made up of Randy and Paul Watts.
Randy possesses 12 years of experience in the UIT industry, including
stints at both large and small unit investment trust sponsors such as
Van Kampen Investments, Matrix Capital Group, Incapital, and Nuveen
Investments. Paul has been building technology and leading development
teams for nearly 20 years, and has served in executive positions at
multiple venture-backed businesses. More information can be found at uitinvesting.com
or by emailing info@uitinvesting.com.
About UIT Investing
UIT Investing, Inc., combines modern technology, specified data, and
customized formulas to deliver accurate and reliable analytics of unit
investment trusts for investment analysis. Our analytics allow financial
professionals and investors to make more informed investment decisions
when investing in unit investment trusts.
© 2018 UIT Investing, Inc. All rights reserved. UIT Investing, Inc.,
a registered investment advisor with this State of Illinois. This
material does not constitute an offer to sell or a solicitation of an
offer to buy securities. Investors should completely read and understand
the product prospectus prior to investing. All investments carry a
certain degree of risk and there is no assurance that an investment will
provide positive performance over any time period. Past performance is
not indicative of future results and should never be relied upon in
making an investment decision or recommendation.
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3Points Communications
Will Ruben, (312) 725-7950 ext. 2
will@3ptscomm.com
