Related Funds
ENFR - Alerian Energy Infrastructure ETF
AMLP - Alerian MLP ETF
Class I
Fund Stats as of 07/18/2018
Symbol N/A
ISIN US00162T8291
Inception Date 04/30/2013
Dividends Paid Annual
CUSIP 00162T 829
Fund Type Insurance Portfolio
NAV $9.33
NAV Change $0.05
Expenses as of 04/30/2017
Total Expense Ratio1.00%
What You Pay*0.95%
Class III
Fund Stats as of 07/18/2018
Symbol ALEFX
ISIN US00162T8119
Inception Date 04/30/2013
Dividends Paid Annual
CUSIP 00162T 811
Fund Type Insurance Portfolio
NAV $9.29
NAV Change $0.05
Expenses as of 04/30/2017
Total Expense Ratio1.35%
What You Pay*1.30%
Fund Resources
Quarterly Fact Sheet - Class I 
Quarterly Fact Sheet - Class III 
Statement of Additional Information 
Statutory Prospectus 
Summary Prospectus 
Resource Library  
*Important Considerations  
Investors should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information. Please click the link above for the prospectus. Please read the prospectus carefully before investing. For additional information on the above listed funds, please click the respective link.
Insurance Products Shares of the Portfolios are offered only to participating insurance companies and their separate accounts to fund the benefits of Variable Contracts, and to qualified pension and retirement plans and registered and unregistered separate accounts.

Investment Objective

The Portfolio seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Energy Infrastructure Index (the "Index").


ALPS | Alerian Energy Infrastructure Portfolio delivers exposure to the Alerian Energy Infrastructure Index (CME: AMEI), a composite of North American energy infrastructure companies engaged in the pipeline transportation, storage, and processing of energy commodities. Index constituents belong to one of the four categories: US energy infrastructure MLPs (25%), US general partners (25%), US energy infrastructure companies (25%), and Canadian energy infrastructure companies (25%).

Investing in North American Energy Infrastructure

The energy renaissance in North America is unlocking vast reserves of oil and natural gas and changing how energy is moved, processed and stored. Driven by new technologies, energy infrastructure companies are building the real assets necessary to connect these reserves to their various points of demand. Once heavily dependent on imported energy, the U.S. is now on its way toward energy independence by 2030.

  • Real assets such as pipelines, storage tanks, and processing centers provide inflation protection
  • Limited commodity exposure due to a toll-road, PRICE x VOLUME business model
  • An estimated $641 billion dollars of energy infrastructure assets will be built over the next 22 years

Potential Benefits

  • Income Potential - Annual dividends driven by stable cash flows
  • Diversification - Low correlation to equities and bonds
  • Growth - Total return potential without fund-level corporate taxes

Diversification does not eliminate the risk of experiencing investment losses.

Energy Infrastructure Overview

Pipelines, Storage Tanks, and Processing Plants

Energy Value Chain