Press release
SS&C Celebrates ALPS | Smith Fixed-Income Bond Funds Surpassing $1 Billion in Assets
Funds hit milestone just 22 months after June 2018 launch DENVER, May 1, 2020 /PRNewswire/ -- ALPS Advisors, Inc., an asset manager and wholly owned
About this update from Ss&c Technologies Holdings, Inc.
[{"type":"text","content":"Funds hit milestone just 22 months after June 2018 launch\n\n\nDENVER, May 1, 2020 /PRNewswire/ -- ALPS Advisors, Inc., an asset manager and wholly owned subsidiary of SS&C Technologies, Inc., today announced that the ALPS | Smith Fixed-Income Bond Funds have surpassed $1 billion in total assets as of April 29, 2020. The Funds launched in June 2018 through ALPS Advisors' strategic partnership with Smith Capital Investors, an investment management firm focused on income investing. The Funds include the ALPS | Smith Total Return Bond Fund (SMTHX) and the ALPS | Smith Short Duration Bond Fund (SMDSX). \n\"We are thrilled and humbled to have reached this milestone so quickly,\" said Gibson Smith*, Founder, Smith Capital Investors. \"Our growth is directly attributable to the many investors who believe in our underlying philosophy, process and vision, as well as the dedication and hard work of the great group of people we have assembled. We are grateful to our clients for trusting us with their assets.\"\nSmith continued, \"We chose to partner with ALPS Advisors for our first sub-advised products because of our aligned values and commitment to serving investors. We are excited to see the partnership producing results. We look forward to the opportunities and the bright future in front of us.\"\n\"ALPS Advisors partnered with Smith Capital Investors because we recognized the unique combination of vision, character, and values that creates a quality collaboration that works for Financial Advisors,\" said Laton Spahr, President, SS&C ALPS Advisors. \"Clients have demonstrated their enthusiasm for ALPS and Smith Capital Investors' capability, culture, and performance through vigorous asset growth since the launch. We are thankful for the opportunity to serve clients through our partnership with the team at Smith Capital Investors and look forward to contributing to a great future.\" \nLed by investment teams with an average of 15-plus years in the industry, the Funds have aimed to deliver consistent, risk-adjusted returns with a focus on capital preservation. The ALPS | Smith Total Return Bond Fund seeks to obtain a total maximum return consistent with the preservation of capital, providing investors with risk-adjusted returns, capital preservation, and risk diversification. The ALPS | Smith Short Duration Bond Fund seeks a level of curr...