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

6.43
Net Asset Value
-0.31%
1 Day
+4.89%
Year-to-Date
Overall Morningstar Rating
World stock
Style or Category
No Load
Sales Expenses
1.73%
Expense Ratio
High
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+2.06% 3 years+5.61%
3 months+1.10% 5 years+14.49%
1 year+3.88% Since inception+0.29%
Data through --

Peer Comparisonvs. World stock

 LPEIXCategory
Performance 5-yr return+14.49%+5.33%
Expense ratio1.73%1.33%
Risk 5 year sharpe ratio0.680.66
Net assets$334.4M$1.2B
Average market cap$6.4B$44.1B
Average P/E12.819.5
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureAdam Goldman / 8 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

International stock46.75%
U.S. stock24.71%
Fixed income23.55%
Cash4.98%
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
-- 7.18%
-- 4.98%
-- 4.79%
-- 4.65%
-- 4.56%
DHR Danaher Corp4.39%
-- 4.36%
-- 4.35%
-- 4.20%
BX Blackstone Group4.01%