ALPS Red Rocks Listed Private Equity Fund Surpasses $200 Million in Assets

ALPS Red Rocks Listed Private Equity Fund Surpasses $200 Million in Assets

DENVER--(BUSINESS WIRE)-- ALPS - a DST Company announced today that the ALPS Red Rocks Listed Private Equity Fund surpassed $200 million in assets early this month. The Fund's Management cited several reasons for the surge in assets.

"Over the past decade, private equity has significantly outperformed traditional benchmarks, such as the S&P 500 and MSCI World Index," said Adam Goldman, co-portfolio manager of the ALPS Red Rocks Listed Private Equity fund. "We continue to focus our efforts on delivering a diversified portfolio of institutional-quality private equity managers in the world to our investors."

"Alternative assets are becoming mainstream," said Corey Dillon of ALPS. "While institutions, endowments and pension funds have used alternative investments such as private equity to help diversify their portfolios and potentially enhance returns for the past several decades, there has been a significant recent trend for asset managers to bring institutional-type alternatives to retail investors in mutual fund formats. The ALPS Red Rocks Listed Private Equity fund is the first and largest actively managed mutual fund that enables investors access to many of the top private equity managers in the world in a liquid, daily-priced, mutual fund structure."

About ALPS

A wholly owned subsidiary of DST Systems, Inc., headquartered in Denver with offices in Boston, New York, Seattle, and Toronto, ALPS is a 27-year-old financial services firm focused on asset servicing and asset gathering. With more than 400 employees, over 200 clients, and an executive team that has been in place for over 18 years, ALPS continues to actively promote all of its various business segments, from asset servicing through ALPS Fund Services, Inc. to asset gathering through ALPS Distributors, Inc. and ALPS Advisors, Inc. For more information about ALPS and the services available, visit www.alpsinc.com, and for additional information about ALPS products, visit www.alpsfunds.com

Important Disclosures & Definitions

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain aprospectuswhich contain this and other information, call 866.759.5679. Read theprospectuscarefully before investing. An investment in the Fund involves risk, including possible loss of principal.

Past performance does not guarantee future results.

The fund is subject to the underlying risks of Listed Private Equity companies in which the fund invests.

MSCI: An index created by Morgan Stanley Capital International (MSCI) that is designed to measure equity marrket performance in global emerging markets.

S&P 500: An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors.

ALPS Distributors, Inc. is the distributor for the ALPS Red Rocks Listed Private Equity Fund.

Corey Dillon is a Registered Representative of ALPS Distributors, Inc.

ALPS
Tom Carter*, +1 303-623 2577
tom.carter@alpsinc.com
* Registered Representative of ALPS Distributors, Inc.

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