Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - BROADBAND HOLDRS TRUST | ss107938_8k-broadband.htm |
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PROSPECTUS SUPPLEMENT
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EXHIBIT 99.1
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(To Prospectus dated April 15, 2010)
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REGISTRATION NO. 333-31226
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1,000,000,000 Depositary Receipts
Broadband HOLDRS (SM) Trust
This prospectus supplement supplements information contained in the prospectus dated April 15, 2010 relating to the sale of up to 1,000,000,000 depositary receipts by the Broadband HOLDRS Trust.
The share amounts specified in the table in the “Highlights of Broadband HOLDRS” section of the base prospectus shall be replaced with the following:
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Name of Company
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Ticker
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Share
Amounts
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Primary
Trading
Market
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Alcatel-Lucent
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ALU
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5.6608 |
NYSE
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Applied Micro Circuits Corporation
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AMCC
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0.5000 |
NASDAQ GS
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Broadcom Corporation
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BRCM
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3.0000 |
NASDAQ GS
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Ciena Corporation
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CIEN
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0.2857 |
NASDAQ GS
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Conexant Systems, Inc.
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CNXT
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0.2000 |
NASDAQ GS
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Corning Incorporated
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GLW
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9.0000 |
NYSE
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JDS Uniphase Corporation
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JDSU
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1.4750 |
NASDAQ GS
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LSI Corporation
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LSI
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1.7247 |
NYSE
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Mindspeed Technologies, Inc.
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MSPD
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0.1333 |
NASDAQ GM
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Motorola Solutions, Inc.(1)
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MSI
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2.5714 |
NYSE
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Motorola Mobility Holdings, Inc.(2)
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MMI
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2.2500 |
NYSE
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PMC-Sierra, Inc.
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PMCS
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1.0000 |
NASDAQ GS
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QUALCOMM Incorporated
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QCOM
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16.0000 |
NASDAQ GS
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RF Micro Devices, Inc.
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RFMD
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2.0000 |
NASDAQ GS
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Skyworks Solutions, Inc.
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SWKS
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0.7020 |
NASDAQ GS
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Sycamore Networks, Inc.
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SCMR
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0.3000 |
NASDAQ GS
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Tellabs, Inc.
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TLAB
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4.0000 |
NASDAQ GS
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(1)
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Effective January 7, 2011, due to the 1 for 7 reverse stock split of Motorola, Inc., the quantity of shares of Motorola, Inc. represented by each 100 share round-lot of Broadband HOLDRS will decrease from 18 shares to 2.5714 shares. As a result, once the allocation has been completed by The Depository Trust Company, deposits of Motorola, Inc. for creations of Broadband HOLDRS will decrease to 2.5714 shares per round-lot of 100 Broadband HOLDRS. Effective January 4, 2011, Motorola, Inc. will change its name to Motorola Solutions, Inc. and will trade under NYSE ticker “MSI.”
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(2)
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As a result of the spin-off of Motorola Mobility Holdings, Inc. from Motorola, Inc., a component of the Broadband HOLDRS Trust, Motorola Mobility Holdings, Inc. will be added as an underlying security of the Broadband HOLDRS Trust effective January 7, 2011 (pending verification that Motorola Mobility Holdings, Inc. has a GICS code that is the same as the GICS code represented in the Broadband HOLDRS Trust). Shareholders of Motorola, Inc. will receive 0.125 shares of Motorola Mobility Holdings, Inc. The Bank of New York Mellon will receive 2.25 shares of Motorola Mobility Holdings, Inc. for the 18 shares of Motorola, Inc. per 100 share round-lot of Broadband HOLDRS. Effective January 7, 2011, 2.25 shares of Motorola Mobility Holdings, Inc. will be required for creations/cancellations per 100 share round-lot of Broadband HOLDRS.
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The share amounts listed in the table above reflect all previous stock splits, dividends and business combination transactions.
The date of this prospectus supplement is December 22, 2010.