Wednesday, April 14, 2021

New actively-managed value ETF filed: ALPS Hillman Active Value ETF

ALPS Hillman Active Value ETF

Ticker: TBD

Exchange: NYSE Arca

Expense ratio: TBD

Original filing date: April 14, 2021

Effective date: June 28, 2021

Listing Date: TBD

CUSIP: TBD

Active: Yes

Index / Benchmark: Not Applicable

 

Investment Objective:

Seeks long-term total return from a combination of income and capital gains.

 

Investment Strategy / Index Methodology:

U.S. stocks >$3billion market cap

1. QUALITATIVE ANALYSIS

Sub-advisor proprietary Qualified Investment Universe consisting of companies that possess certain qualitative characteristics:


dominance in a particular industry or niche market;
management prowess;
strength of pricing and purchasing power;
barriers to industry competition and limited substitutes;
limited degree of rivalry amongst competitors;
strength of brand or franchise with commensurate brand loyalty;
financial flexibility; and
quality of products and services.
 

2. QUANTITATIVE ANALYSIS

present value of discounted projected cash flows;
price-to-sales ratio.
price-to-book ratio; and

 

Constituents: 45 equal-weighted

 

Adviser: ALPS Advisors, Inc.

Sub-Adviser: Hillman Capital Management, Inc.

 

Administrator: ALPS Fund Services, Inc.

Fund accountant: ALPS Fund Services, Inc.

Transfer agent: State Street Bank and Trust Company

Custodian: State Street Bank and Trust Company

Distributor: ALPS Portfolio Solutions Distributor, Inc.

Legal counsel: Dechert LLP

External accounting: TBD

Compliance: TBD

 

Prospectus is here.





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