MLTADX ACE MLT(SM), Buffered Portfolio
The trust seeks to provide enhanced returns based on the price performance of the SPDR S&P 500 ETF Trust (the “Market Reference”) with a buffer, subject to a capped amount.
This trust is a “Market Linked Trust”. AAM’s* Market Linked Trusts are unit investment trusts designed to provide an amount per unit linked to a market reference.
The trust seeks to achieve its objective by investing in a portfolio consisting of purchased and written FLexible EXchange Options (the “Options”); and cash to pay for fees and expenses of the trust.
The Options are intended to generate returns based on the price performance of the Market Reference.