For Immediate Release
ALPS|CoreCommodity Management CompleteCommodities® Strategy Fund Achieves Eight-Year Milestone
WINDSOR, CT, July 16, 2018 (PR NEWSWIRE) – SS&C Technologies Holdings, Inc. (Nasdaq:SSNC), a global provider of financial services software and software-enabled services, today announced the eight-year anniversary of the ALPS|CoreCommodity Management CompleteCommodities Strategy Fund (the "Fund"). The Fund is an open-ended mutual fund managed by ALPS Advisors, a subsidiary of SS&C, that seeks to provide comprehensive access to global commodities and commodity equity markets, collateralized by U.S. Treasury Inflation Protected Bonds ("TIPS"). The Fund's assets have grown more than 25% so far in 2018 to approximately $694 million as of June 30, 2018. CoreCommodity's total assets under management were more than $3.9 billion as of June 30, 2018.
"We are pleased to have completed another successful year in partnership with CoreCommodity Management," commented Ned Burke*, President of ALPS Advisors, Inc. "We believe their extensive experience in the asset class and unique investment approach is particularly timely now as more investors are seeking to gain exposure to commodities."
The ALPS|CoreCommodity Management CompleteCommodities Strategy Fund Class I received a Morningstar Rating™ of 5 stars for the overall as of June 30, 2018 among 103 Commodities Broad Basket Funds based off of risk adjusted return.**
"We are extremely proud that the Fund's returns have consistently exceeded the major commodity indices," commented Brad Klein, Co-Founder and President of CoreCommodity Management LLC. "The Fund utilizes a unique combination of both futures-based and equity-based commodity investments to achieve its objectives. Over the last eight years, we have demonstrated that this innovative and unique investment strategy helped the Fund achieve its objectives."
The ALPS|CoreCommodity Management CompleteCommodities Strategy Fund is a part of the ALPS Fund Family, advised by ALPS Advisors, Inc. and CoreCommodity Management, LLC acts as sub advisor to the Fund. The Fund's investment objective seeks to maximize real returns, consistent with prudent investment management, by seeking to optimize the Fund's allocation among investments in the commodity futures markets, commodity equities, and TIPS. This combination seeks to provide a complete access to the global commodity markets and offers three layers of inflation-hedging potential from commodities, commodity related equities and TIPS.
About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 13,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.
Through its subsidiary companies, ALPS Holdings, Inc. is a leading provider of innovative investment products and customized servicing solutions to the financial services industry. Founded in 1985, Denver-based ALPS delivers its asset management and asset servicing solutions through offices in Boston, New York, Seattle, and Toronto. ALPS is a wholly-owned subsidiary of SS&C Technologies, Inc. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com.
About CoreCommodity Management, LLC
CoreCommodity Management, LLC is an independent investment advisor which provides investment management services to institutional and individual investors seeking commodities exposure. CoreCommodity's Co-Founders, Adam De Chiara and Bradford L. Klein, have extensive experience in building, managing, and innovating investments in commodities. Among their notable accomplishments, CoreCommodity's executive team was responsible for the design of the now Bloomberg Commodity Index (formerly the Dow Jones – AIG Commodity Index) and the current Thomson Reuters / CoreCommodity CRB Index, two of the most renowned commodity indices globally.
Investors should consider investment objectives, risks, charges and expenses carefully before investing, including "Additional Risks" as described in the prospectus. 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.
ALPS Advisors, Inc. and CoreCommodity Management, LLC are registered with the CFTC as the Commodity Pool Operator and respectively as the Commodity Trading Advisor and both are NFA members.
The Fund's investments may subject the Fund to significantly greater volatility than investments in traditional securities and involve substantial risks, including risk of a significant portion on their principal value.
The commodities markets and the prices of various commodities may fluctuate widely based on a variety of factors. Because the Fund's performance is linked to the performance of highly volatile commodities, investors should consider purchasing shares of the Fund only as part of an overall diversified portfolio and should be willing to assume the risks of potentially significant fluctuations in the value of the Fund. The Fund invests in commodity futures related investments, which are derivative instruments that allow access to a diversified portfolio of commodities without committing substantial amounts of capital. Additional risks of Commodity Futures Related Investments include liquidity risk and counterparty credit risk. Counterparty Risk is the risk that a party to a transaction will fail to fulfill its obligations. The term is often applied specifically to swap agreements in which no clearinghouse guarantees the performance of the contract. Liquidity Risk is the risk stemming from the lack of marketability of an investment that cannot be bought or sold quickly enough to prevent or minimize a loss.
Another principal risk of investing in the Fund is equity risk, which is the risk that the value of the securities held by the Fund will fall due to general market and economic conditions, perceptions regarding the industries in which the issuers of securities held by the Fund participate or factors relating to specific companies in which the Fund invests. The Fund's investments in non-U.S. issuers may be even more volatile and may present more risks than investments in U.S. issuers. Equity investments in commodity-related companies may not move in the same direction and to the same extent as the underlying commodities.
**2018 Morningstar, Inc. All Rights Reserved and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics. As of June 30, 2018, the ALPS | CoreCommodity Management CompleteCommodities Strategy Fund was rated against the following numbers of Commodities Broad Basket funds over the following time periods: 103 funds in the last three years and 83 funds in the last five years. With respect to these Commodities Broad Basket funds, ALPS | CoreCommodity Management CompleteCommodities Strategy Fund, I shares received a Morningstar Rating™ of 5 stars for the overall, the three-year and the five-year periods. Class Inv, A and C Shares received a Morningstar Rating™ of 4 stars for the overall, the three-year and the five-year periods. Other classes may have different performance characteristics. Past performance is no guarantee of future results.
The Thomson Reuters/CoreCommodity CRB Index and the Bloomberg Commodity Index are unmanaged indexes used as a measurement of change in commodity market conditions based on the performance of a basket of different commodities. An investor cannot invest directly in an index.
Thomson Reuters/CoreCommodity CRB Index is a service mark of Thomson Reuters and CoreCommodity Indexes, LLC ("CCI") or their affiliates. CCI and Thomson Reuters may make changes to the CRB Index without regard to the resulting impact on client accounts and may receive index licensing fees.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the ALPS | CoreCommodity Management CompleteCommodities® Strategy Fund. ALPS Advisors, Inc. is the investment advisor to the Fund and CoreCommodity Management, LLC, is the investment sub-advisor. ALPS is not affiliated with CoreCommodity Management, LLC. CoreCommodity Management, LLC, serves as investment advisor to the Fund's Cayman Islands subsidiary. "CompleteCommodities" is a service mark of CoreCommodity Management, LLC.
The Fund is a series of Financial Investors Trust.
*Registered Representative of ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc.
ALPS Distributors, Inc. is affiliated with ALPS Portfolio Solutions Distributors, Inc. and ALPS Advisors, Inc.
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