Press release
SS&C Announces ALPS|CoreCommodity Management CompleteCommodities® Strategy Fund Achieves Ten-Year Milestone
WINDSOR, Conn., July 21, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced the tenth anniversary of the ALPS|CoreCommodity
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"WINDSOR, Conn., July 21, 2020 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq:SSNC) today announced the tenth anniversary of the ALPS|CoreCommodity Management CompleteCommodities Strategy Fund (the \"Fund\"). The Fund is an open-ended mutual fund managed by SS&C ALPS Advisors, a subsidiary of SS&C. \nThe Fund seeks to provide comprehensive access to global commodities and commodity equity markets, collateralized by U.S. Treasury Inflation-Protected Bonds (\"TIPS\"), U.S. Treasuries, and cash. Over $2.6 billion has been invested in the fund strategy for over ten years. The firm's total assets under management were more than 3.2 billion as of June 30, 2020. \n\"Our team is gratified to celebrate ten years of working together with SS&C ALPS Advisors to outperform the major commodity indexes in nine of the past ten years,\" commented Bradford L. Klein, Co-Founder and President of CoreCommodity Management LLC. \"The Fund employs a distinctive mix of commodity futures-related investments, physical commodity ETFs, and equity securities of commodity-related companies to maximize real returns.\" \nThe Fund provides investors with comprehensive access to leading commodities such as oil, gold, copper and corn, offering investors the opportunity to benefit from global growth and increasing demand. Additionally, the CoreCommodity team managing the Fund averages more than 28 years of experience in commodities.\n\"We are pleased to mark a decade of rewarding partnership with CoreCommodity Management,\" said Laton Spahr, President of SS&C ALPS Advisors. \"The Fund's performance in comparison to sector benchmarks reflects the strength of CoreCommodity's investment acumen and management experience. As investors increasingly look toward commodities to diversify their portfolios, we believe the Fund will continue to prove attractive to investors seeking diversification benefits and the potential to hedge against inflation.\" \nThe ALPS|CoreCommodity Management CompleteCommodities Strategy Fund is a part of the SS&C ALPS family of funds, advised by SS&C ALPS Advisors, Inc. CoreCommodity Management, LLC, acts as sub-advisor to the Fund. The Fund's investment objective seeks to maximize real returns, consistent with prudent investment management, by seeking to optimize the Fund's allocation among investments in the commodity futures markets, ...