Fueled by strong returns and a vigorous market for deal exits, private equity firms returned
“It was a very good year for private equity, and we are very proud of the outstanding results we have achieved for investors in the ALPS |
The ALPS |
ALPS provides customized asset servicing and asset gathering solutions to the financial services community through an entrepreneurial culture based on the commitment to "Do Things Right." Founded in 1985, ALPS continues to actively promote all of its various business segments, from asset servicing through
|ALPS | Red Rocks Listed Private Equity Fund Class A Performance|
as of ||1 month||3 month||YTD||Since Inception|
|Class A (NAV)||3.28%||11.02%||41.26%||-1.59%|
|Class A with sales charges (MOP)||-2.41%||4.93%||33.47%||-6.99%|
|MSCI World Index||2.12%||8.00%||26.68%||19.38%|
|S&P Listed Private Equity Index||2.22%||6.44%||37.19%||11.43%|
|Average Annual Performance|
as of ||1 year||3 year||5 year||Since Inception|
|Class A (NAV)||41.26%||14.42%||21.55%||-0.27%|
|Class A with sales charges (MOP)||33.47%||12.27%||20.21%||-1.20%|
|MSCI World Index||26.68%||11.49%||15.02%||3.00%|
|S&P Listed Private Equity Index||37.19%||13.50%||25.46%||1.82%|
Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. The fund imposes a 2.00% redemption fee on shares held for less than 90 days. Performance data does not reflect the redemption fee which if reflected would reduce the performance quoted. For the most current month-end performance data, please call 1-866-759-5679.
The recent growth in the stock market has helped to produce short-term returns for some asset classes that are not typical and may not continue in the future.
Stage of Investment: a method of classifying private equity strategies and firms.
Vintage of Investment: the year in which the first influx of investment capital is delivered to a project or company. This marks when capital is contributed by venture capital, private equity fund or a partnership drawing down from its investors.
Listed Private Equity Companies are subject to various risks depending on their underlying investments, which could include, but are not limited to, additional liquidity risk, industry risk, non-U.S. security risk, currency risk, credit risk, managed portfolio risk and derivatives risk (derivatives risk is the risk that the value of the Listed Private Equity Companies' derivative investments will fall because of pricing difficulties or lack of correlation with the underlying investment). There are inherent risks in investing in private equity companies, which encompass financial institutions or vehicles whose principal business is to invest in and lend capital to privately-held companies. Generally, little public information exists for private and thinly traded companies, and there is a risk that investors may not be able to make a fully informed investment decision.
Listed Private Equity Companies may have relatively concentrated investment portfolios, consisting of a relatively small number of holdings. A consequence of this limited number of investments is that the aggregate returns realized may be adversely impacted by the poor performance of a small number of investments, or even a single investment, particularly if a company experiences the need to write down the value of an investment.
An investor should consider the investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus which contains this and other information call 1-866-759-5679 or visit www.alpsfunds.com.
The Fund is not suitable for all investors. An investor considering the Fund should be able to tolerate potentially wide price fluctuations.
An investment in the Fund involves risk, including loss of principal.
Diversification does not protect against losses in a declining market.
Asset allocation cannot assure a profit nor protect against a loss.