ALPS | Smith Balanced Opportunity Fund
- Dynamic asset allocation across fixed income and equity
- Active management seeks to deliver risk-adjusted returns and capital preservation
- Defensive, neutral and opportunistic positioning
The ALPS | Smith Balanced Opportunity Fund seeks long-term capital growth, consistent with preservation of capital and balanced by current income.
Utilizing a flexible and dynamic asset allocation approach to position the portfolio for market conditions, risk factors and outlook, the Fund invests in both equities and fixed income securities to provide both capital growth and income for investors.
Fund TypeMutual Fund
as of 07/31/2023
55% Bloomberg 1000 / 45% Bloomberg US Aggregate Bond Index
|Ticker||CUSIP||ISIN||Net Assets as of
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
- Top Five Holdings
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Balanced Portfolio Asset Allocation
The characteristics presented reflect trade date + 1 information.
A rise in interest rates typically causes bond prices to fall. The longer the duration of the bonds held by a fund, the more sensitive it will likely be to interest rate fluctuations.
The Fund’s investments in fixed-income securities and positions in fixed-income derivatives may decline in value because of changes in interest rates. As nominal interest rates rise, the value of fixed-income securities and any long positions in fixed-income derivatives held by the Fund are likely to decrease, whereas the value of its short positions in fixed-income derivatives is likely to increase.
Overall securities market risks may affect the value of individual instruments in which the Fund invests. Factors such as domestic and foreign economic growth and market conditions, interest rate levels, and political events affect the securities and derivatives markets. When the value of the Fund’s investments goes down, your investment in the Fund decreases in value and you could lose money.
ALPS Advisors, Inc. is the investment adviser to the Fund and Smith Capital Investors, LLC is the investment sub-adviser to the Fund. ALPS Advisors, Inc. and ALPS Portfolio Solutions Distributor, Inc., affiliated entities, are unaffiliated with Smith Capital Investors, LLC.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.