DENVER--(BUSINESS WIRE)--ALPS ETF Trust Announces Index Provider Change For ALPS Equal Sector Weight ETF (NYSE Arca: EQL) (the “Fund”). Effective prior to the commencement of trading on October 2, 2017, the Fund’s Underlying Index will change from the Bank of America Securities – Merrill Lynch Equal Sector Weight Index (ticker symbol BASMLESW) to the NYSE Select Sector Equal Weight IndexSM (ticker symbol NYXLEW). The Fund’s name and ticker symbol remain unchanged.
For additional information about the change, shareholders of the Fund may call ALPS at 855.325.8020 or visit www.alpsfunds.com/overview/EQL.
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. Read it Carefully before investing.
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.
The ALPS Equal Sector Weight ETF Shares are not individually redeemable. Investors buy and sell shares of the ALPS Equal Sector Weight 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 Fund’s investment performance, because it is an ETF of ETFs, depends on the investment performance of the Underlying Sector ETFs in which it invests. An investment in the Fund is subject to the risks associated with the Underlying Sector ETFs that comprise the Underlying Index. The Fund will indirectly pay a proportional share of the asset‐based fees of the Underlying Sector ETFs in which it invests.
The Fund is subject to the Underlying Sector ETFs Risks, making it subject to certain risks specific to each Underlying Sector ETF. The Fund is considered nondiversified which could cause greater fluctuation in share price than would occur in a diversified fund. An investment in the Fund involves risks, including loss of principal.
ALPS Portfolio Solutions Distributor, Inc. is the Distributor of the Fund.
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.
ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated.