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

8.02
Net Asset Value
+0.75%
1 Day
+23.77%
Year-to-Date
Overall Morningstar Rating
World small/mid stock
Style or Category
No Load
Sales Expenses
1.89%
Expense Ratio
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-3.26% 3 years+10.81%
3 months+0.75% 5 years+15.70%
1 year+28.15% Since inception+3.22%
Data through --

Peer Comparisonvs. World small/mid stock

 LPEIXCategory
Performance 5-yr return+15.70%+11.62%
Expense ratio1.89%1.46%
Risk 5 year sharpe ratio1.231.02
Net assets$217.3M$1.3B
Average market cap$7.9B$4.5B
Average P/E12.921.9
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureKirk McCown / 0 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

International stock52.62%
U.S. stock33.93%
Fixed income8.48%
Cash4.92%
Other0.04%
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
-- 5.20%
BX Blackstone Group4.65%
IAC IAC/InterActiveCorp4.64%
-- 4.64%
-- 4.60%
-- 4.44%
-- 4.43%
-- 4.36%
ARCC Ares Capital Corp3.90%
-- 3.47%