Press release
SS&C ALPS Advisors Adds Fixed Income ETF to the Lineup
DENVER, Dec. 6, 2023 /PRNewswire/ -- SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), has partnered with
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"DENVER, Dec. 6, 2023 /PRNewswire/ -- SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), has partnered with Smith Capital Investors to launch the ALPS | Smith Core Plus Bond ETF (NYSE Arca: SMTH), an active, fixed income ETF.\n\nIn partnering with Smith Capital Investors, SS&C ALPS Advisors recognized an opportunity to provide an actively managed fixed income ETF with a focus on risk-adjusted returns and preservation of capital.\n\"Investment partnerships are the bridges connecting vision and capital, paving the way for mutual growth and prosperity,\" said Laton Spahr*, Portfolio Manager and President of SS&C ALPS Advisors. \"The new ETF offers an actively managed, dynamic approach where stability meets opportunity in the world of fixed income.\"\nThe Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. Bonds include, but are not limited to, government notes and bonds, corporate bonds, convertible bonds, commercial and residential mortgage-backed securities and zero-coupon bonds. The Fund will target a weighted average effective duration +/- 40% of the current effective duration of the Bloomberg US Aggregate Bond Index.\nSmith Capital Investors believes the active management approach and dynamic portfolio positioning capability—defensive, neutral or opportunistic—allow allocation flexibility in response to varied market conditions.\n\"Fixed income investing requires disciplined consistency through market cycles and a focus on delivering risk-adjusted returns with a focus on preservation of capital,\" said Gibson Smith*, Founder and Chief Investment Officer of Smith Capital Investors. \"Few find fixed income exciting or inspiring, but for this team, it is our calling and our mission.\"\nFund Objective\nThe ALPS | Smith Core Plus Bond ETF seeks above average total return from a combination of current income and capital appreciation.\nImportant Disclosures\nAn investor should consider the investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus containing this and other information, call 1-866-759-5679 or visit www.alpsfunds.com. Read the prospectus carefully before investing.\nShares of ETFs are bought and sold at market price (n...