| Related Funds | |
|---|---|
| ENFR - Alerian Energy Infrastructure ETF | |
| AMLP - Alerian MLP ETF |
| Class I | |
|---|---|
| Fund Stats as of 02/15/2019 | |
| Symbol | N/A |
| ISIN | US00162T8291 |
| Inception Date | 04/30/2013 |
| Dividends Paid | Annual |
| CUSIP | 00162T 829 |
| Fund Type | Insurance Portfolio |
| NAV | $8.98 |
| NAV Change | $0.06 |
| Expenses as of 04/30/2017 | |
| Total Expense Ratio | 1.00% |
| What You Pay* | 0.95% |
| Class III | |
|---|---|
| Fund Stats as of 02/15/2019 | |
| Symbol | ALEFX |
| ISIN | US00162T8119 |
| Inception Date | 04/30/2013 |
| Dividends Paid | Annual |
| CUSIP | 00162T 811 |
| Fund Type | Insurance Portfolio |
| NAV | $8.97 |
| NAV Change | $0.06 |
| Expenses as of 04/30/2017 | |
| Total Expense Ratio | 1.35% |
| What You Pay* | 1.30% |
| Fund Resources | |
|---|---|
| Quarterly Fact Sheet - Class I | |
| Quarterly Fact Sheet - Class III | |
| Statement of Additional Information | |
| Statutory Prospectus | |
| Summary Prospectus | |
| Resource Library | |
| *Important Considerations | |
| Investors should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information. Please click the link above for the prospectus. Please read the prospectus carefully before investing. For additional information on the above listed funds, please click the respective link. | |
| Insurance Products Shares of the Portfolios are offered only to participating insurance companies and their separate accounts to fund the benefits of Variable Contracts, and to qualified pension and retirement plans and registered and unregistered separate accounts. |
The Portfolio seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Midstream Energy Select Index (the "Index").
ALPS | Alerian Energy Infrastructure Portfolio delivers exposure to the Alerian Midstream Energy Select Index (CME: AMEI), a composite of North American energy infrastructure companies engaged in the pipeline transportation, storage, and processing of energy commodities.
The energy renaissance in North America is unlocking vast reserves of oil and natural gas and changing how energy is moved, processed and stored. Driven by new technologies, energy infrastructure companies are building the real assets necessary to connect these reserves to their various points of demand. Once heavily dependent on imported energy, the U.S. is now on its way toward energy independence by 2030.
Diversification does not eliminate the risk of experiencing investment losses.
Menu
If a Master Limited Partnership (MLP) in the portfolio is deemed a corporation rather than a partnership for federal income tax purposes, then the income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund's value.
The ALPS | Alerian Energy Infrastructure Portfolio is not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested. MLPs that invest in companies engaged in the energy sector are also subject to risks including, but not limited to; a sustained decline in demand for energy products could adversely affect revenues and cash flows, increases in the market price of the underlying commodity, changes in regulation; and extreme weather.
The ALPS | Alerian Energy Infrastructure Portfolio is a series of ALPS Variable Investment Trust.
ALPS Portfolio Solutions Distributor, Inc. is not affiliated with Alerian.
Investments in securities of MLPs involve risks that differ from an investment in common stock. MLPs are controlled by their general partners, which generally have conflicts of interest and limited fiduciary duties to the MLP, which may permit the general partner to favor its own interests over the MLPs.
The benefit you are expected to derive from the Fund's investment in MLPs depends largely on the MLPs being treated as partnerships for federal income tax purposes. As a partnership, an MLP has no federal income tax liability at the entity level. Therefore, treatment of one or more MLPs as a corporation for federal income tax purposes could affect the Fund's ability to meet its investment objective and would reduce the amount of cash available to pay or distribute to you.
Legislative, judicial, or administrative changes and differing interpretations, possibly on a retroactive basis, could negatively impact the value of an investment in MLPs and therefore the value of your investment in the Fund.
The Portfolio invests primarily in a particular sector and could experience greater volatility than a portfolio investing in a broader range of industries.
The MLP is not required to make distributions or make distributions that are equal to the distribution rate of the underlying partnership programs.
The ALPS | Alerian Energy Infrastructure Portfolio is only offered as an underlying investment option for variable insurance contracts and to qualified plans.
ALPS Advisors, Inc. (the “Adviser”) has contractually agreed to waive the management fee and/or reimburse expenses so that Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursements (not including distribution and/ or service (12b-1) Fees, Shareholder Service Fees, acquired fund fees and expenses, taxes, brokerage commissions and extraordinary expenses) do not exceed a maximum of 0.80% of either Class I or Class III shares average daily net assets through April 29, 2017. This agreement may only be terminated during the period by the Board of Trustees of ALPS Variable Investment Trust.
Click here for terms and indexes used on this page. One cannot invest directly in an index.
Closed-End Funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Funds now trade in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market's value. The Fund's investment objective is fundamental and may not be changed without the vote of the Fund's shareholders.
USO, USL, DNO, UNG, UNL, UGA, UHN, BNO, USCI, CPER, USOU, USOD, and USAG are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.
Shares of Exchange Traded Funds (ETFs) are not individually redeemable and owners of the shares may acquire those shares from the ETF and tender those shares for redemption to the ETF in Creation Units only, see the ETF prospectus for additional information regarding Creation Units. Investors may purchase or sell ETF shares throughout the day through any brokerage account, which will result in typical brokerage commissions.
With the exception of the closed-end funds listed above, ALPS Distributors, Inc. and/or ALPS Portfolio Solutions Distributor, Inc., 1290 Broadway, Denver, CO 80203, is the distributor for the open-end mutual funds and exchange-traded funds/products on this website.
The Funds described on this website are offered to United States residents only. Information on this site should not be considered a solicitation to buy or an offer to sell a security any persons outside the United States.
ALPS Advisors, Inc., ALPS Distributors, Inc., ALPS Portfolio Solutions Distributor, Inc., and ALPS Fund Services, Inc. are subsidiaries of ALPS Holdings, Inc. ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are registered broker-dealers and FINRA Members.
© 2010-2019 - ALPS Advisors Inc. - All rights reserved.