IPO - Advisors Disciplined Trust 2259

Form Type: 487

Filing Date: 2025-01-23

Corporate Action: Ipo

Type: New

Accession Number: 000183988225003405

Filing Summary: Advisors Disciplined Trust 2259 has filed an amendment to its registration statement under the Securities Act of 1933 for a public offering. The trust is focused on achieving returns linked to the price performance of the SPDR® S&P 500® ETF Trust, featuring a 20% buffer against losses. The fund offers a maximum return cap of 10.58% and is set to become effective on January 23, 2025, at 10:00 a.m. The investment aims to appeal to investors who intend to hold units until the mandatory termination date, providing a buffered return strategy that could protect against significant losses while also capping potential gains. It contains specific principal investment strategies, including options trading and cash management, and outlines risks associated with the investment, emphasizing potential loss of capital and market fluctuation risks. The trust sets an inception date of January 23, 2025, with a termination date of February 23, 2026. Minimum investment is set at $1,000, and the offering anticipates various fees and expenses to be detailed further in the prospectus, which explains the structured option investment aspect as well as compliance with regulatory standards.