Related Funds
ALPS | Red Rocks Listed Private Equity Portfolio
Class A
Fund Stats as of 05/19/2017
Symbol LPEFX
ISIN US3176098164
Inception Date 12/31/2007
Dividends Paid Annually
CUSIP 317609 816
Fund Type Open End Fund
NAV $7.34
NAV Change $0.09
Expenses as of 02/28/2017
Total Expense Ratio2.21%
What You Pay2.21%
Net Expense Ratio excluding Acquired Fund Fees and Expenses -
Class C
Fund Stats as of 05/19/2017
Symbol LPFCX
ISIN US3176096341
Inception Date 06/30/2010
Dividends Paid Annually
CUSIP 317609 634
Fund Type Open End Fund
NAV $7.01
NAV Change $0.09
Expenses as of 02/28/2017
Total Expense Ratio2.87%
What You Pay2.87%
Net Expense Ratio excluding Acquired Fund Fees and Expenses -
Class I
Fund Stats as of 05/19/2017
Symbol LPEIX
ISIN US3176097828
Inception Date 12/31/2007
Dividends Paid Annually
CUSIP 317609 782
Fund Type Open End Fund
NAV $7.45
NAV Change $0.09
Expenses as of 02/28/2017
Total Expense Ratio1.89%
What You Pay1.89%
Net Expense Ratio excluding Acquired Fund Fees and Expenses -
Class R
Fund Stats as of 05/19/2017
Symbol LPERX
ISIN US3176097901
Inception Date 12/31/2007
Dividends Paid Annually
CUSIP 317609 790
Fund Type Open End Fund
NAV $6.36
NAV Change $0.08
Expenses as of 02/28/2017
Total Expense Ratio2.34%
What You Pay2.34%
Net Expense Ratio excluding Acquired Fund Fees and Expenses -
Fund Resources
Fund Update - A,C,I 
Fund Update Class R 
Semi-Annual Report 
Statutory Prospectus 
Summary Prospectus 
Resource Library  

Investment Objectives

The Fund Seeks to maximize total return, which consists of appreciation on its investments and a variable income stream.


Description

The ALPS | Red Rocks Listed Private Equity Fund is an open-end mutual fund that provides investors with exposure to private businesses by investing in publicly-traded private equity companies that trade on global exchanges. These listed private equity companies have direct ownership, control and influence over the privately held businesses in their portfolios. The Fund assembles approximately 30-50 holdings and is diversified by stage of investment, geography, industry, and capital structure.  Investors enjoy daily liquidity and valuation, and the primary mission of the Fund is to maximize total return.

Role in Portfolio

The ALPS | Red Rocks Listed Private Equity Fund may be used to potentially reduce risk and generate alpha in a diversified portfolio. We would suggest an allocation ranging from 3-10% depending on an individual investor's size and risk tolerance.1

1 Source: Private Equity and Strategic Asset Allocation 2007–by Ibbotson.

Portfolio Diversification of underlying holdings as of 03/31/2017

Industry

Materials 1.2%
Utilities 1.6%
Telecomm 2.6%
Consumer Staples 3.0%
Other-Industry 4.5%
Energy 6.7%
Healthcare 10.0%
IT 13.2%
Consumer Discretionary 16.3%
Financial Services 17.7%
Industrials 23.2%

Geographic Allocation as of 03/31/2017

North America & Canada 42.7%
Europe 41.7%
Other-Geography 6.6%
Far East/Asia & Japan 5.0%
South America 2.2%
Australia & NZ 1.8%

Holdings are subject to change.