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

7.60
Net Asset Value
+0.26%
1 Day
+17.28%
Year-to-Date
Overall Morningstar Rating
World small/mid stock
Style or Category
No Load
Sales Expenses
1.89%
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+4.54% 3 years+6.72%
3 months+10.47% 5 years+16.89%
1 year+23.37% Since inception+2.13%
Data through --

Peer Comparisonvs. World small/mid stock

 LPEIXCategory
Performance 5-yr return+16.89%--
Expense ratio1.89%1.47%
Risk 5 year sharpe ratio1.080.81
Net assets$224.1M$1.2B
Average market cap$7.3B--
Average P/E13.9--
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureAdam Goldman / 9 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

International stock59.49%
U.S. stock36.63%
Cash2.45%
Fixed income1.42%
Other0.00%
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
-- 6.27%
-- 5.43%
-- 4.76%
BX Blackstone Group4.69%
-- 4.54%
-- 4.47%
-- 4.35%
IAC IAC/InterActiveCorp4.29%
-- 3.56%
ARCC Ares Capital Corp3.53%