Nasdaq Tower Celebrates REIT
The ALPS Active REIT ETF (Ticker: REIT) celebrates 3 years of flexible and active investment across the core and non-core spectrum of REITs.
The ALPS Active REIT ETF (REIT) seeks total return through dividends and capital appreciation.
The ALPS Active REIT ETF (REIT) seeks to achieve its investment objective by investing at least 80% of its net assets in publicly traded equity securities of Real Estate Investment Trusts (REITs). REIT will primarily invest in publicly traded common equity securities of US REITs.
S&P US REIT Index
Performance and Fees
$10,000 Hypothetical Investment
The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month. Past performance is no guarantee of future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Facts and Characteristics
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable.
Effective 08/22/2023, the Fund will no longer operate as a semi-transparent actively-managed ETF and will instead operate as a traditional, fully transparent actively-managed ETF in reliance on Rule 6c-11 under the Investment Company Act of 1940.
Diversification does not eliminate the risk of experiencing investment losses.
Ownership of real estate is subject to fluctuations in the value of underlying properties, the impact of economic conditions on real estate values, the strength of specific industries renting properties and defaults by borrowers or tenants. Real estate is a cyclical business, highly sensitive to general and local economic conditions and developments, and characterized by intense competition and periodic overbuilding. Credit and interest rate risk may affect real estate companies’ ability to borrow or lend money.
The Fund will primarily invest in publicly traded common equity securities of US REITs. The Fund may also invest a portion of its assets in publicly traded common equity of US real estate operating companies (not structured as REITs), publicly traded preferred equity of US REITs and real estate operating companies, and cash and cash equivalents.
ALPS Advisors, Inc. and GSI Capital Advisors, LLC, registered investment advisers with the SEC, are the investment adviser and sub-adviser to the Fund, respectively. ALPS Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc., affiliated entities, are unaffiliated with GSI Capital Advisors, LLC.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.