ALPS, a DST Company focused on asset servicing and asset gathering, today announced the launch of the ALPS Emerging Sector Dividend Dogs ETF (NYSE: EDOG), a new exchange-traded fund designed to track the overall performance of the S-Network Emerging Sector Dividend Dogs Index (EDOGX).
“With the launch of an emerging markets equity-income ETF, ALPS Portfolio Solutions is now able to provide dividend ETFs across all major large-cap markets”
The Fund is the newest addition to the ALPS Sector Dividend Dogs Series, a lineup of ETFs that utilize the ‘Dogs of the Dow Theory’ on a sector-by-sector basis.
The Series currently includes the ALPS Sector Dividend Dog ETF (NYSE: SDOG), which launched in June 2012 using the S&P 500® as its starting universe of eligible securities, and the ALPS International Sector Dividend Dog ETF (NYSE: IDOG), which launched in June 2013 using the S-Net Developed Markets (ex-Americas) Index as its starting universe of eligible securities. The two funds have combined to attract more than $600 million in assets since inception.
“With the launch of an emerging markets equity-income ETF, ALPS Portfolio Solutions is now able to provide dividend ETFs across all major large-cap markets,” said Mike Akins, Portfolio Manager and Senior Vice President of ALPS. “All three funds utilize a straightforward, transparent process that expands on the Dogs of the Dow strategy, resulting in funds that seek to provide a high yield relative to broad-based benchmarks as well as diversification at both the security and sector level.”
In practice, the S-Network Emerging Sector Dividend Dogs Index, a portfolio of stocks derived from a universe of mainly large capitalization stocks domiciled in emerging markets, selects the five stocks offering the highest dividend yields in each of the ten sectors comprising its benchmark, subject to a country cap of five securities. This strategy provides the ALPS Emerging Sector Dividend Dogs ETF with several potential benefits, including:
• Dividend Yield
• Sector, Stock and Country Diversification
• Value Strategy
Additional information on the ALPS Emerging Sector Dividend Dogs ETF can be found at www.alpssectordividenddogs.com.
There are risks involved with investing in exchange-traded funds (ETFs), including the loss of money. Additional information regarding the risks of this investment is available in the prospectus.
The ALPS Sector Dividend Dogs Series Shares are not individually redeemable. Investors buy and sell shares of the ALPS Sector Dividend Dogs Series 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 Emerging 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. Investments in emerging markets may emphasize these risks.
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.
S&P 500: a stock market index based on the market capitalizations of 500 leading companies publicly traded in the U.S. stock market, as determined by Standard & Poor’s.
ALPS Portfolio Solutions Distributor, Inc. is the Distributor for the ALPS Emerging Sector Dividend Dogs ETF, the ALPS Sector Dividend Dogs ETF, and the ALPS International 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 Portfolio Solutions Distributor, Inc., 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.