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ALPS | Red Rocks Listed Private Equity Fund Class R (LPERX)

6.22
Net Asset Value
-0.16%
1 Day
+12.27%
Year-to-Date
Overall Morningstar Rating
World stock
Style or Category
No Load
Sales Expenses
2.34%
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+4.89% 3 years+5.32%
3 months+7.99% 5 years+13.57%
1 year+18.61% Since inception+0.97%
Data through --

Peer Comparisonvs. World stock

 LPERXCategory
Performance 5-yr return+13.57%+8.27%
Expense ratio2.34%1.30%
Risk 5 year sharpe ratio0.940.74
Net assets$215.4M$1.3B
Average market cap$6.4B$52.4B
Average P/E14.420.3
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureAdam Goldman / 9 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

International stock67.35%
U.S. stock30.69%
Cash1.26%
Fixed income0.70%
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
-- 6.64%
-- 5.44%
-- 5.38%
-- 4.74%
BX Blackstone Group4.53%
-- 4.51%
-- 4.22%
-- 3.82%
-- 3.40%
ARCC Ares Capital Corp3.40%