EQUITY - INTERNATIONAL/GLOBAL PORTFOLIOS

Series 2019-3Q, ADT 1959

European Select Portfolio

Fee-Based Account UIT Fact Card
Morningstar Equity Style BoxTM
Investment Objective & Strategy
The European Select Portfolio, a Cyrus J. Lawrence LLC (“CJL”) trust, is a unit investment trust
(UIT) that seeks to provide above-average total return by investing in a diversified portfolio of stocks
of companies organized in Europe. The trust will use a “European Select” strategy that has a dual
focus of targeting companies that will be potential beneficiaries of global accelerating economic
growth but also companies geared toward a sustainable European recovery.

Ticketing Information Portfolio Consultant: C.J. Lawrence® (“CJL”)

CJL is a New York-based investment management boutique providing customized portfolios to
Fee-Based CUSIP (Cash/Reinvest) 00778V606 / 614
Ticker Symbol EURSWX individuals, families, and institutions. With a legacy that dates back to 1864, CJL was
re-established in 2015 as an independent SEC registered investment advisor. The firm combines
Essential Information the talents of a highly experienced portfolio management team with an environment centered on
Unit price at inception (per unit) $9.8650 only delivering optimal investment advice. CJL’s managers have a long-term record of utilizing their
Initial redemption price (per unit) $9.8650
Initial date of deposit 8/13/2019 portfolio strategy expertise to build innovative portfolios that can potentially benefit from longer term
Portfolio ending date 11/16/2020 market trends.
Distribution frequency Monthly, if any
Historical 12-Month Distribution Why Own European Equities?
Rate of Trust Holdings* 1.95%
*The distribution rate paid by the trust may be higher or lower
than the amount shown above due to factors including, but not
limited to, changes in the price of trust units, changes (including
reductions) in distributions paid by issuers, changes in actual
trust expenses and sales of securities in the portfolio. There is
no guarantee that the issuers of the securities included in the
trust will pay any distributions in the future. The Historical 12-
Month Distribution Rate of Trust Holdings is calculated by
taking the weighted average of the regular income distributions
paid by the securities included in the trust’s portfolio over the 12
months preceding the trust’s date of deposit reduced to account
for the effects of trust fees and expenses. The percentage
shown is based on a $9.865 unit price. This historical rate is for
illustrative purposes only and is not indicative of amounts that
will actually be distributed by the trust.
Fee-Based Accounts Sales Charge and
Expenses
(Based on initial Fee-Based Account unit price of $9.865)+
As % of
Fee-Based Amount per unit
Public (based on initial
Offering Price unit price)
Creation & Development Fee 0.51% $0.050
Organizational Costs + 0.50% $0.049
Total One-Time Expense 1.00% $0.099
Divided by Term of Trust equals
Amortized One-Time Charges
Key Viewpoints to Consider:
Amortized One-Time Charges 0.80% $0.079
European Export Recovery European Financial Conditions Equity Market Dynamics
Estimated Annual Operating + 0.53% +$0.052 Aggressive open-ended
Expense Global export leaders at accommodative monetary policy Attractive valuations relative
Estimated Average 1.33% $0.131 the core underway by the European to the U.S.
Amortized Annual Expenses Central Bank
+All amounts are as of 8/12/2019 and may vary thereafter. Progress in structural European leaders being forced to
The Creation & Development Fee is fixed at $0.05 per unit Many European securities
and is paid at the end of the initial offering period (anticipated competitiveness at confront economic decline with
under-owned
to be approximately three months). The Organization Costs the periphery structural pro-growth measures
are fixed at $0.049 per unit and are paid at the end of the
initial offering period or after six months, if earlier. The above Sovereign bond yields at record lows
table is for illustrative purposes only to illustrate how esti- Relative weakness of Many high-quality global
mated trust fees and expenses translate on an annualized across Europe, many countries lower
basis. The above does not reflect the amount or how all fees European currencies companies undervalued
than U.S. Treasuries
and expenses will actually be paid. You should consult the
prospectus for a full description of applicable sales charges
and expenses of the trust, including those applicable to Ongoing harmonization of European Positive fund flows into
purchasers eligible for the fee-based account discount. The Global recovery in trade banking industry intended to ensure European equities
one-time charges shown (the Creation & Development Fee future stability may continue
and Organization Costs) are paid on a one-time basis as
described and are not actually amortized over the life of the FOR USE ONLY WITH INVESTOR ACCOUNTS ELIGIBLE FOR THE “FEE-BASED ACCOUNT”
trust. The amount shown for “Amortized One-Time Charges”
are calculated by taking the one-time dollar amounts and SALES CHARGE DESCRIBED ON PAGE 3 Page 1 of 3
dividing them by the anticipated life of the based on the
trust’s inception date and mandatory termination date. The
“Estimated Average Amortized Annual Expenses” is taken by Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC.
adding the “Amortized One-Time Charges” amount and
“Estimated Annual Operating Expense” amounts.
 European Select Portfolio Series 2019-3Q, ADT 1959
Fee-Based Account UIT Fact Card

Portfolio Holdings (as of date of deposit)

Ticker Market Value Ticker Market Value
Symbol Issue Name Per Share* Symbol Issue Name Per Share*

Consumer Discretionary - (17.12%) Health Care - (11.40%)

ADS GR adidas AG $293.12 AZN UN AstraZeneca PLC $44.36
CPG LN Compass Group PLC 25.04 PHG UN Koninklijke Philips N.V. 46.15
RACE UN Ferrari N.V. 158.03 NVS UN Novartis AG 91.10
KER FP Kering SA 501.61 ROG SW Roche Holding AG 280.09
MC FP LVMH Moet Hennessy Louis Vuitton SE 398.30 Industrials - (8.55%)
MONC IM Moncler SpA 39.31 SU FP Schneider Electric SE 81.63
Consumer Staples - (14.31%) HO FP Thales SA 113.05
BUD UN Anheuser-Busch InBev SA/NV 96.27 DG FP Vinci SA 105.04
DEO UN Diageo PLC 164.72 Information Technology - (20.09%)
OR FP L'Oreal SA 262.71 ADYEN NA Adyen NV 749.77
NESN SW Nestle SA 109.55 ASML UQ ASML Holding N.V. 214.45
UN UN Unilever N.V. 57.46 CAP FP Capgemini SE 122.26
Energy - (5.72%) DSY FP Dassault Systemes SE 143.48
BP UN BP PLC 36.65 NOK UN Nokia Oyj 5.31
RDS/B UN Royal Dutch Shell PLC 57.32 SAP UN SAP SE 119.10
Financials - (14.30%) ERIC UQ Telefonaktiebolaget LM Ericsson 8.61
ALV GR Allianz SE 223.97 Materials - (8.51%)
SAN UN Banco Santander SA 3.91 AI FP Air Liquide SA 137.93
DB1 GR Deutsche Boerse AG 142.13 BBL UN BHP Group PLC 43.11
SLHN SW Swiss Life Holding AG 479.52 JMAT LN Johnson Matthey PLC 34.54
ZURN SW Zurich Insurance Group AG 359.89
*As of 8/12/2019 and may vary thereafter.

FOR USE ONLY WITH INVESTOR ACCOUNTS ELIGIBLE FOR THE “FEE-BASED ACCOUNT”
SALES CHARGE DESCRIBED ON PAGE 3
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Intelligent Investments. Independent Ideas.

 European Select Portfolio Series 2019-3Q, ADT 1959
Fee-Based Account UIT Fact Card

Sector Breakdown* Country of Organization* Holdings Summary*

% of Portfolio % of Portfolio % of Portfolio
Information Technology 20.09% France 25.71% Large-Cap Blend 22.91%
Consumer Discretionary 17.12% United Kingdom 19.95% Large-Cap Growth 34.17%
Consumer Staples 14.31% Switzerland 14.29% Large-Cap Value 17.15%
Financials 14.30% Netherlands 14.28% Mid-Cap Blend 2.82%
Health Care 11.40% Germany 11.51% Mid-Cap Growth 2.84%
Industrials 8.55% Finland 2.87% Mid-Cap Value 2.94%
Materials 8.51% Sweden 2.86% Small-Cap Growth 5.72%
Energy 5.72% Spain 2.85% Small-Cap Value 8.58%
Source: Global Industrial Classification Standard
Belgium 2.84% N/A 2.87%
*As of 8/12/2019 and may vary thereafter. Breakdowns are Italy 2.84% Source: Morningstar
based on the sources shown and may differ from any
Source: Bloomberg
category definitions used in selecting the trust portfolio.

Unit Investment Trusts (UITs) are sold only by prospectus. You should consider the trust’s investment objectives, risks, charges and expenses carefully
before investing. Contact your financial professional or visit Advisors Asset Management online at www.aamlive.com/uit to obtain a prospectus, which
contains this and other information about the trust. Read it carefully before you invest.

Risks and Considerations: Unit values will fluctuate with the portfolio of underlying securities and may be worth more or less than the original purchase price at the
time of redemption. There is no guarantee that the objective of the portfolio will be achieved. Additionally, the trust may terminate earlier than the specific termination
date as stated in the prospectus. Consult your tax advisor for possible tax consequences associated with this investment. An investment in this unmanaged unit
investment trust should be made with an understanding of the risks associated therewith that includes, but is not limited to: Dividend Payment Risk: An issuer of a
security may be unwilling or unable to pay income on a security. Common stocks do not assure dividend payments and are paid only when declared by an issuer’s
board of directors. The amount of any dividend may vary over time. Foreign Securities: Securities of foreign issuers present risks beyond those of U.S. issuers
which may include market and political factors related to the issuer’s foreign market, international trade conditions, less regulation, smaller or less liquid markets,
increased volatility, differing accounting practices and changes in the value of foreign securities. European Issuer Concentration: The trust invests in securities
issued by companies in Europe and is subject to certain risks associated specifically with Europe. A significant number of countries in Europe are member states in
the European Union, and the member states no longer control their own monetary polices by directing independent interests rates for their currencies. The value of
the trust is more susceptible to fluctuations based on factors that impact a particular industry because the portfolio concentrates in companies within Europe.
The Morningstar Equity Style Box™: This table provides a graphical representation of the investment style of a trust based on holdings as of the date of deposit
which may vary thereafter. The Morningstar Equity Style Box™ placement is based on the Morningstar market capitalization classification (determined relative to
other stocks in the same geographic area) of the stocks in the trust's portfolio (vertical axis), and by comparing the growth and value characteristics of the stocks in
the trust's portfolio with growth and value factors developed by Morningstar (horizontal axis). Value, blend and growth are types of investment styles. Growth investing
generally seeks stocks that offer the potential for greater-than-average earnings growth, and may entail greater risk than value or blend investing. Value investing
generally seeks stocks that may be sound investments but are temporarily out of favor in the marketplace, and may entail less risk than growth investing. A blended
investment combines the two styles. ©2019 Morningstar, Inc. All Rights Reserved. The information contained herein relating to the Morningstar Equity Style Box™: 1)
is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither
Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. For Use Only with Eligible Fee-Based
Account Investors: During the trust’s initial offering period, investors who purchase units through registered investment advisers, certified financial planners or
registered broker-dealers who in each case either charge investor accounts periodic fees for brokerage services, financial planning, investment advisory or asset
management services, or provide such services in connection with an investment account for which a comprehensive “wrap fee” charge is imposed may be eligible to
purchase units of the trust in fee-based accounts that are not subject to the transactional sales fee but will be subject to the creation and development fee that is
collected by the sponsor (i.e. the “Fee-Based Account” sales charge). You should consult your financial advisor to determine whether you can benefit from these
accounts and whether your unit purchases are eligible for this discount. To purchase units in these accounts, your financial advisor must purchase units designated
with one of the Fee Account CUSIP numbers, if available. The amounts shown are different from what would be applicable for units purchased in other accounts (i.e.
commission-based accounts) not eligible for this discount. See your prospectus and consult your financial advisor for more information about eligibility and
applicability of the fee-based account discount. This communication may only be used with investors that are eligible for this discount

Securities are available through your financial professional. Not FDIC Insured. Not Bank Guaranteed. May Lose Value.
For informational purposes only and not a recommendation to purchase or sell any security.
©2019 Advisors Asset Management
Advisors Asset Management, Inc. (AAM) is a SEC registered investment advisor and member FINRA/SIPC.
18925 Base Camp Road | Monument, CO 80132 | www.aamlive.com | CRN: 2019-0205-7238 R Link 5812

FOR USE ONLY WITH INVESTOR ACCOUNTS ELIGIBLE FOR THE

Page 3 of 3 “FEE-BASED ACCOUNT” SALES CHARGE

Intelligent Investments. Independent Ideas.