ALPS to Close Four Exchange Traded Funds

DENVER--(BUSINESS WIRE)-- ALPS, a subsidiary of DST Systems, Inc. (NYSE: DST) providing products and services to the financial services industry, today announced the liquidation of four Funds of the ALPS ETF Trust.

The four Funds -- ALPS Sector Leaders ETF (NYSE ARCA: SLDR), ALPS Sector Low Volatility ETF (NYSE ARCA: SLOW), ALPS STOXX Europe 600 ETF (NYSE ARCA: STXX) and Global Commodity Equity ETF (NYSE ARCA: CRBQ) -- will close to new investors on March 23, 2016 and liquidate on March 28, 2016.

The decision to close the Funds was made by the ALPS ETF Trust’s Board of Trustees after consultation with ALPS Advisors, Inc., the investment advisor to the Funds. On consideration of current market conditions, as well as prospects for growth in the Funds’ assets, the Board determined that it was in the best interests of the Funds and their shareholders to liquidate the Funds’ shares, which are listed on the NYSE ARCA. The last day of trading for the Funds is scheduled to be Friday, March 25, 2016.

The Funds will immediately begin the process of closing down and liquidating their portfolios. The process will result in the Funds not tracking their underlying indexes and their cash holdings increasing, which may be inconsistent with the Funds’ investment objectives and strategies. From March 24, 2016 to March 25, 2016, shareholders may be able to sell their shares to certain broker-dealers, but there can be no assurance that there will be a market for the Funds.

Any person holding shares in the Funds as of the liquidation date will receive a cash distribution equal to the net asset value of their shares. Shareholders receiving this cash distribution will not incur transaction fees in connection with this distribution or the liquidation of their shares in the Funds. A portion of the distribution may represent an ordinary income dividend or a capital gain distribution.

For additional information about the liquidation, shareholders of the Funds may call ALPS at 877.398.8461 or visit www.alpsfunds.com.

About ALPS

Through its subsidiary companies, ALPS Holdings, Inc. is a leading provider of innovative investment products and customized servicing solutions to the financial services industry. Founded in 1985, Denver-based ALPS delivers its Asset Management and Asset Servicing Solutions through offices in Boston, New York, Seattle, and Toronto. ALPS is a wholly-owned subsidiary of Kansas City-based DST Systems, Inc. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com.

About DST

DST Systems, Inc. is a leading provider of sophisticated information processing and servicing solutions to companies around the world. Through its global enterprise, DST delivers strategically unified transactions and business processing, data management, and customer communications solutions to the asset management, brokerage, retirement, and healthcare markets. Headquartered in Kansas City, MO., DST is a publicly-traded company on the New York Stock Exchange. For more information, visit www.dstsystems.com.

ALPS Portfolio Solutions Distributor, Inc. is the Distributor for each Fund.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160308005423/en/

ALPS Holdings, Inc.
Laura M. Parsons, 816-843-9087
DST Global Public Relations
[email protected]
or
Jennifer Levesque*, 303-623-2577
ALPS Client Relations
[email protected]

*Registered Representatives of ALPS Portfolio Solutions Distributor, Inc.

Source: ALPS Holdings, Inc.

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