ALPS has announced that they will begin trading the RiverFront Strategic Income Fund (NYSEArca:RIGS) Wednesday, October 09, 2013. The Fund seeks total return, with an emphasis on income as the source of that total return.
Total annual Fund operating expenses after fee waiver: 0.22%
Principal Investment Strategies
The Fund seeks to achieve its investment objective by investing in a global portfolio of fixed income securities of various maturities, ratings and currency denominations. The Fund intends to utilize various investment strategies in a broad array of fixed income sectors. The Fund will allocate its investments based upon the analysis of RiverFront Investment Group, LLC (“RiverFront”, or the “Sub-Adviser”) of the pertinent economic and market conditions, as well as yield, maturity and currency considerations.
The Fund may purchase fixed income securities issued by U.S. or foreign corporations or