DENVER--(BUSINESS WIRE)--ALPS launches the ALPS|Alerian Energy Infrastructure Portfolio as part of the ALPS Variable Investment Trust.
The Portfolio delivers exposure to the Alerian Energy Infrastructure Index, an index developed by Alerian, which is intended to give investors a transparent and intuitive means of tracking the overall performance of the North American Energy Infrastructure sector. The Index is comprised of equity securities of issuers headquartered or incorporated in the United States and Canada such as Master Limited Partnerships (“MLPs”) and limited liability companies taxed as partnerships, MLP affiliates, and Energy Infrastructure Companies.
The ALPS|Alerian Energy Infrastructure Portfolio will be the first of its kind to deliver energy infrastructure and MLP focused investments to the variable annuity market.
“We are excited to be able to introduce Alerian’s market-leading MLP and energy infrastructure expertise to a new audience in the variable annuity market,” said Corey Dillon, SVP and Director of Advisory Services for ALPS. “The launch of this Portfolio builds on our history of delivering innovative investment options through our partnership with Alerian.”
The two firms introduced the first and now largest MLP ETF*, the Alerian MLP Exchange Traded Fund (AMLP), in 2010. In December of last year, they launched the first passively managed MLP mutual fund, the ALPS | Alerian MLP Infrastructure Index Fund (ALERX).
“We look forward to continuing our partnership with ALPS in creating investment access to new markets,” said Alerian President and CEO, Kenny Feng. “This Portfolio, along with the ETF and mutual fund, reinforce Alerian’s mission to level the playing field in energy infrastructure and MLP investing.”
Additional information on the ALPS|Alerian Energy Infrastructure Portfolio can be found at www.alpsalerianvit.com.
About ALPS
A wholly owned subsidiary of DST Systems, Inc., headquartered in Denver with offices in Boston, New York, Seattle, and Toronto, ALPS is a 28-year-old financial services firm focused on asset servicing and asset gathering. With more than 400 employees, over 200 clients, and an executive team that has been in place for over 18 years, ALPS continues to actively promote all of its various business segments, from asset servicing through ALPS Fund Services, Inc. to asset gathering through ALPS Portfolio Solutions Distributor, Inc. and ALPS Advisors, Inc. For more information about ALPS and the services available, visit www.alpsinc.com, and for additional information about ALPS products, visit www.alpsfunds.com.
About Alerian
Alerian is an independent company that provides objective market information. The company is a leader in MLP and energy infrastructure market intelligence, providing benchmarks, data sets, and analytics that are used extensively by a range of industry stakeholders such as management teams, investment professionals, research analysts, and national media.
The Alerian Index Series is used to analyze relative performance and to create index tracking funds. Over $13 billion is directly tied to Alerian’s indices, including the leading benchmark of MLP equities: the Alerian MLP Index (AMZ). For more information, please visit www.alerian.com.
Risks
Investments in securities of MLPs involve risks that differ from an investment in common stock. MLPs are controlled by their general partners, which generally have conflicts of interest and limited fiduciary duties to the MLP, which may permit the general partner to favor its own interests over the MLPs.
The benefit you are expected to derive from the Fund’s investment in MLPs depends largely on the MLPs being treated as partnerships for federal income tax purposes. As a partnership, an MLP has no federal income tax liability at the entity level. Therefore, treatment of one or more MLPs as a corporation for federal income tax purposes could affect the Fund’s ability to meet its investment objective and would reduce the amount of cash available to pay or distribute to you. Legislative, judicial, or administrative changes and differing interpretations, possibly on a retroactive basis, could negatively impact the value of an investment in MLPs and therefore the value of your investment in the Fund.
Important Disclosures
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1.866.759.5679 or visit www.alpsfunds.com. Read the prospectus carefully before investing.
* Alerian as of 3.31.13.
The Portfolio is new and has limited operating history.
The ALPS | Alerian Energy Infrastructure Portfolio is not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested.
Not FDIC Insured • No Bank Guarantee • May Lose Value
The ALPS | Alerian Energy Infrastructure Portfolio is a series of ALPS Variable Investment Trust.
ALPS Portfolio Solutions Distributor, Inc., 1290 Broadway, Ste. 1100, Denver, CO 80203 is the distributor for the ALPS | Alerian Energy Infrastructure Portfolio, Alerian MLP ETF and ALPS | Alerian MLP Infrastructure Index Fund. ALPS Portfolio Solutions Distributor, Inc. is not affiliated with Alerian.
Alerian MLP ETF Shares are not individually redeemable. Investors buy and sell shares of the Alerian MLP ETF on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund, typically in blocks of 50,000 shares.
Tom Carter and Corey Dillon are Registered Representatives of ALPS Distributors, Inc.
