Related Funds
ALPS | Red Rocks Listed Private Equity Fund
Class I
Fund Stats
Inception Date 10/24/2014
Dividends Paid Annually
CUSIP 02110B 702
ISIN n/a
Fund Type Insurance Portfolio
Expenses as of 04/30/2017
Total Expense Ratio2.98%
What You Pay*1.95%
Class III
Fund Stats
Symbol AVPEX
Inception Date 10/24/2014
Dividends Paid Annually
CUSIP 02110B 801
ISIN n/a
Fund Type Insurance Portfolio
Expenses as of 04/30/2017
Total Expense Ratio2.88%
What You Pay*2.30%
Fund Resources
Quarterly Fact Sheet - I 
Quarterly Fact Sheet - 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

To seek to maximize total return, which consists of appreciation on its investments and a variable income stream.

Description

The ALPS | Red Rocks Listed Private Equity Portfolio 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 Portfolio assembles approximately 30-60 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 Portfolio is to maximize total return.

Role in Portfolio

The ALPS | Red Rocks Listed Private Equity Portfolio 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.

The Red Rocks Investment Approach

The Red Rocks Investment Approach