New ETF From ALPS Looks to Capture High Yield in International Stocks
ALPS International Sector Dividend Dogs ETF Built To Provide Diversification and Dividend Potential
The new exchange-traded fund, an ALPS Advisors Solution, was designed to track the overall performance of the S-Network International Sector Dividend Dogs Index (IDOGX), a float-adjusted, capitalization-weighted benchmark index of large-cap stocks domiciled in developed markets outside the Americas.
The Fund launched on the one-year anniversary of the ALPS Sector Dividend Dog ETF (NYS: SDOG) , a similarly-managed fund that applies the 'Dogs of the Dow Theory' on a sector-by-sector basis using the S&P 500 as its starting universe of eligible securities. The ALPS Sector Dividend Dog ETF has attracted more than $250 million in assets in its first twelve months.
"An international equity-income ETF is a particularly exciting addition right now to our suite of portfolio solutions," said Mike Akins, portfolio manager and Senior Vice President of ALPS. "I believe this new fund has a number of attractive factors that differentiate it from other international ETFs, not least of which is diversification."
In practice, the S-Network International Sector Dividend Dogs Index selects the five stocks offering the highest dividend yields in each of the ten sectors comprising its benchmark. This strategy provides the ALPS International Sector Dividend Dogs ETF with several potential benefits, including:
Sector and Stock Diversification and
Additional information on the ALPS International Sector Dividend Dogs ETF can be found at www.alpssectordividenddogs.com.
There are risks involved with investing in ETFs, including the loss of money. Additional information regarding the risks of this investment is available in the prospectus.
ALPS International Sector Dividend Dogs ETF Shares are not individually redeemable. Investors buy and sell shares of the ALPS International Sector Dividend Dogs ETF on a secondary market. Only market makers or "authorized participants" may trade directly with the Fund, typically in blocks of 50,000 shares.
The ALPS International Sector Dividend Dogs ETF is a new product with a limited operating history.
Diversification does not eliminate the risk of experiencing investment losses
You cannot invest directly in an index.
The Fund is subject to the additional risks associated with concentrating its investments in companies in the market sector.
Foreign Investment Risk. The Fund's investments in non-U.S. issuers may involve unique risks compared to investing in securities of U.S. issuers, including, among others, greater market volatility than U.S. securities and less complete financial information than for U.S. issuers. In addition, adverse political, economic or social developments could undermine the value of the Fund's investments or prevent the Fund from realizing the full value of its investments. Financial reporting standards for companies based in foreign markets differ from those in the United States. Finally, the value of the currency of the country in which the Fund has invested could decline relative to the value of the U.S. dollar, which may affect the value of the investment to U.S. investors.
An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a prospectus that contains this and other information call 866.675.2639.
ALPS Portfolio Solutions Distributor, Inc. is the Distributor for the ALPS International Sector Dividend Dogs ETF and the ALPS Sector Dividend Dogs ETF.
ALPS provides customized asset servicing and asset gathering solutions to the financial services community through an entrepreneurial culture based on the commitment to "Do Things Right." Founded in 1985, 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. Headquartered in Denver, with offices in Boston, New York, Seattle, and Toronto, ALPS, a wholly-owned subsidiary of DST Systems, Inc., today represents more than 400 employees, over 200 clients, and an executive team that has been in place for more than 18 years. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com.
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