Invesco Unit Trusts Series 2370, a subsidiary of Invesco Ltd., recently submitted a Form 487 to the Securities and Exchange Commission (SEC). The significance of this filing lies in the fact that Form 487 is used by unit investment trusts to notify the SEC of their intention to redeem securities. This could indicate a potential shift in the investment strategy of the trust or a change in market conditions that necessitates the redemption of certain securities.
Invesco Unit Trusts Series 2370 is part of Invesco Ltd., a leading global investment management firm that offers a wide range of financial services to clients worldwide. With a focus on delivering innovative investment solutions, Invesco has established itself as a trusted partner for investors seeking to achieve their financial goals. For more information about Invesco Unit Trusts Series 2370, you can visit their website here.
Form 487, also known as the Notification of Redemption, is a filing required by unit investment trusts to inform the SEC of their intent to redeem securities. This form provides important details about the securities being redeemed, the reasons for the redemption, and other relevant information that may impact investors. By submitting Form 487, Invesco Unit Trusts Series 2370 is complying with regulatory requirements and keeping investors informed about changes in their investment strategy.
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Invesco Unit Trusts Series 2370 Files SEC Form 487: Key Details Revealed
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