Multiple Asset Portfolio Plus Series 41

The Trust will invest in a diversified portfolio that is divided among five asset classes: common stocks of publicly-held companies, REITs, investment-grade fixed-income securities, high-yield securities or “junk” bonds, and international fixed-income securities. The Trust will invest in REITs, investment-grade fixed-income securities, high-yield securities and international fixed-income securities by investing in closed-end funds that invest in these asset classes. Guggenheim Funds, through proprietary research and strategic alliances, will strive to select securities featuring the potential to meet the Trust’s investment objectives. The Sponsor believes that individually these asset classes are quite attractive based on their historical performance and current prospects. However, the Sponsor has decided to combine these classes to create a Trust that has the potential to benefit from the performance of each of these asset classes and the reduced volatility that can result from an increase in diversification.

See “Investment Policies” in Part B of the prospectus for additional information.

The Trust invests in a diversified portfolio of common stocks of publicly-held companies and closed-end funds that invest in REITs, U.S. investment-grade fixed-income securities, high-yield or “junk” securities and international fixed-income securities. An investment can be made in the closed-end funds without paying the sales fee, operating expenses and organization costs of the Trust.

Common Stocks. As of the initial date of deposit (the “Inception Date”), 19.86% of the Trust’s portfolio consists of dividend paying common stocks of publicly-held companies listed on national securities exchanges. The common stocks included in the Trust represent an ownership interest in publicly-held companies that the Sponsor believes have the potential for capital appreciation.

The Sponsor selects U.S.-traded companies that it believes are core holdings of a welldiversified U.S.-traded portfolio. To select the portfolio the Sponsor follows a very disciplined process which includes both quantitative and qualitative analysis.

The Sponsor begins with the companies that currently comprise the Russell 3000 Index and separates these companies into three capitalization groups. The companies comprising the first (or largest) 72.5% of capitalization are classified as large-cap, the stocks comprising the next 15% of capitalization are classified as mid-cap and the remaining 12.5% are classified as small-cap.

The Sponsor then takes the dividend paying members of the large-cap group and separates these companies into twenty groups based on style and Global Industry Classification Standard (“GICS”) sector. Please note that due to the fluctuating nature of security prices, a company’s classification as large-cap, mid-cap or small-cap may change after its selection for the portfolio.

The Sponsor then reduces the universe to approximately 150 companies by performing quantitative screening, which may be primarily based on, but not limited to, the following factors:

• Valuation. The Sponsor may screen for reasonably valued companies based on measures such as price-to-earnings, price-to-book, and price-to-cash flow.
• Growth. The Sponsor may screen for companies with a history of better than average growth of revenues, earnings, and dividends.
• Profitability. The Sponsor may screen for companies with a history of consistent and high profitability as measured by return-on-assets, return-on- equity, gross margin and net margin.

The Sponsor then reduces the 150 companies to 27 by performing qualitative analysis, which may be primarily based on, but not limited to, the following factors:

• Balance Sheet. The Sponsor favors companies that possess overall financial strength and exhibit balance sheet improvements relative to their peers and the marketplace.
• Industry Leadership. The Sponsor favors companies that possess a strong competitive position among their domestic and global peers.
• Valuation. The Sponsor favors companies with valuations that appear to be attractive based on measures such as price-to-earnings, price-to-book, and price-to-cash flow.
• Growth. The Sponsor favors companies with a history of (and prospects for) better than average growth of revenues, earnings, and dividends.
• Profitability. The Sponsor favors companies with a history of (and prospects for) consistent and high profitability as measured by return-onassets, return-on-equity, gross margin and net margin.

Closed-end funds that invest primarily in REITs. As of the Inception Date, 19.84% of the Trust’s portfolio consists of closed-end funds that invest primarily in REITs. A REIT is a company that buys, develops, finances and/or manages income-producing real estate such as apartments, shopping centers, offices and warehouses. In short, a REIT is a trust that pools the capital of many investors to purchase one or more forms of real estate. REITs are currently required to distribute 90% of taxable income annually as dividends to shareholders. Compared to traditional direct investments in real estate, which may be difficult to sell and value, REITs are traded on major stock exchanges making them highly liquid. REIT investors also gain the advantage of skilled management since REIT management teams tend to be experts within their specific property or geographic niches.

Closed-end funds that invest primarily in investment-grade fixed-income securities, high-yield securities and international fixed-income securities. As of the Inception Date, 20.17%, 20.07% and 20.06% of the Trust’s portfolio consists of common stocks of closed-end funds that generally invest a majority of their assets in investment-grade fixed-income securities, high-yield securities and international fixed-income securities, respectively.

High-yield or “junk” securities, the general names for securities rated below investment-grade, are frequently issued by corporations in the growth state of their development or by established companies who are highly leveraged or whose operations or industries are depressed. Obligations rated below investment-grade should be considered speculative as these ratings indicate a quality of less than investment-grade. Because high-yield bonds are generally subordinated obligations and are perceived by investors to be riskier than higher rated securities, their prices tend to fluctuate more than higher rated securities and are affected by short-term credit developments to a greater degree. See “Description of Ratings” in Part B of the prospectus for additional information regarding the ratings criteria.

International fixed-income securities are issued by governmental or corporate issuers domiciled in countries other than the United States. Foreign securities typically expose investors to additional risks. See “Risk Factors” in Part B of the prospectus for additional information regarding the additional risks of investing in foreign securities.

Common stocks of closed-end funds are typically traded on national securities exchanges. Such securities are generally managed in accordance with the funds’ investment objectives by an investment adviser that charges a fee for such services. When selecting closed-end funds for inclusion in this portfolio the Sponsor looks at numerous factors. These factors include, but are not limited to:

• Investment Objective. The Sponsor favors funds that have a clear investment objective in line with the trust’s objective and, based upon a review of publicly available information, appear to be maintaining it.
• Premium/Discount. The Sponsor favors funds that are trading at a discount relative to their peers and relative to their long-term average.
• Consistent Dividend. The Sponsor favors funds that have a history of paying a consistent and competitive dividend.
• Performance. The Sponsor favors funds that have a history of strong relative performance (based on market price and net asset value) when compared to their peers and an applicable benchmark

INDEX DEFINITION Russell 3000® Index measures the performance of the largest 3000 U.S. companies representing approximately 98% of the investable equity market. It is not possible to invest directly in the Russell 3000® Index. The Trust will not try to replicate the performance of the Russell 3000® Index and will not necessarily invest any substantial portion of its assets in securities in the Index. There is no guarantee that the perceived intrinsic value of a security will be realized.