ALPS | Red Rocks Listed Private Equity Fund Class I (LPEIX)

7.43
Net Asset Value
-0.13%
1 Day
+2.20%
Year-to-Date
Overall Morningstar Rating
World small/mid stock
Style or Category
No Load
Sales Expenses
1.68%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize total return- which consists of appreciation on its investments and a variable income stream. The fund will invest at least 80% of its net assets in (i) securities of U.S. and non-U.S. companies- including those in emerging markets- listed on a national securities exchange- or foreign equivalent- that have a majority of their assets invested in or exposed to private companies or have as their stated intention to have a majority of their assets invested in or exposed to private companies and (ii) derivatives that otherwise have the economic characteristics of Listed Private Equity Companies.

Performance

1 month-0.27% 3 years+9.83%
3 months-2.62% 5 years+12.31%
1 year+20.78% Since inception+3.18%
Data through --

Peer Comparisonvs. World small/mid stock

 LPEIXCategory
Performance 5-yr return+12.31%+9.99%
Expense ratio1.68%1.43%
Risk 5 year sharpe ratio0.930.84
Net assets$248.3M$1.5B
Average market cap$8.0B$4.9B
Average P/E14.020.0
Portfolio turnover31%31%

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Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureKirk McCown / 1 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

International stock44.84%
U.S. stock31.54%
Fixed income19.09%
Cash4.37%
Other0.16%
Top 5 Sectors
Portfolio weighting
Financial service 69.74%
Industrial materials 24.62%
Healthcare 2.75%
Business service 0.15%
Telecommunication 0.11%
Top 10 Holdings
Portfolio weighting
-- 5.33%
-- 4.67%
IAC IAC/InterActiveCorp4.36%
-- 4.17%
-- 3.84%
-- 3.74%
BX Blackstone Group3.65%
-- 3.59%
-- 3.30%
-- 3.29%