WINDSOR, Conn. and
DENVER, Sept. 9, 2021 /PRNewswire/ -- SS&C
Technologies Holdings, Inc. (NASDAQ: SSNC) today announced
that SS&C ALPS Advisors, an asset manager and wholly-owned
subsidiary of SS&C, launched the ALPS Global Travel
Beneficiaries ETF (JRNY).
The Fund's strategy provides diversified exposure to the global
travel industry, which historically has outpaced global GDP growth
for nine consecutive years between 2011 and 20191.
"SS&C ALPS Advisors continues to build a compelling suite of
thematic strategies for ETF investors," said Laton Spahr*,
President of SS&C ALPS Advisors. "We believe global travel
spending may improve as the global middle class expands and the
desire to spend on experiences grows. Our new ETF may provide
differentiated exposure to a potentially durable theme."
The fund tracks the S-Network Global Travel Index, which
identifies exchange-traded stocks of companies that are materially
engaged in the global travel industry. The Fund's portfolio invests
in booking and rental agencies, airlines and airport services,
hotels, casinos and cruise lines, along with travel-related
companies identified through machine learning algorithms, such as
luxury retail, entertainment, leisure, food and beverage, and
payment processing vendors.
JRNY's index utilizes a combination of quality and growth
factors that may identify attractive investment opportunities in
travel and tourism. A free cash flow ranking helps prioritize more
persistent and sustainable investment characteristics, aiming to
provide the highest quality and most comprehensive exposure to the
global travel industry.
"The artificial intelligence-driven screening process identifies
additional companies that may benefit from the global travel
ecosystem," said Andy Hicks,
Portfolio Manager, SS&C ALPS Advisors. "We believe the
additional travel beneficiaries focus will diversify the fund's
global travel exposure."
*Laton Spahr is a Registered Representative of ALPS
Distributors, Inc.
1 Source: World Travel & Tourism
Council, Economic Impact & Trends, 2021. June 2021.
Important Disclosures
An investor should consider
the investment objectives, risks, charges and expenses carefully
before investing. To obtain a prospectus which contain this and
other information call 866.759.5679 or visit
www.alpsfunds.com. Read the prospectus carefully before
investing.
ALPS Global Travel Beneficiaries ETF shares are not
individually redeemable. Investors buy and sell shares of the ALPS
Hillman Active Value ETF on a secondary market. Only market makers
or "authorized participants" may trade directly with the fund,
typically in blocks of 50,000 shares.
Travel Industry Risk. The Fund is subject to investment and
operational risks associated with the travel industry. Companies
engaged in the travel industry may be adversely affected by a
downturn in economic conditions resulting in decreased demand for
travel. These companies may be significantly impacted by the
performance of the overall economy, changing consumer tastes and
demands, consumer discretionary income levels, intense competition,
technological developments, and government regulation.
Additionally, uncertainty regarding international travel and other
events such as political or social violence, terrorist attacks, and
biological outbreaks may significantly impact the travel and
vacation industry.
There are risks involved with investing in ETFs, including
the loss of money. Additional information regarding the risks of
this investment is available in the prospectus.
An investment in the Fund is subject to investment risk, including
the possible loss of the entire principal amount that you
invest.
Please note that the Fund is new and has limited operating
history.
Diversification does not eliminate the risk of experiencing
investment losses.
ALPS Advisors Inc. and ALPS Distributors, Inc. are affiliated.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for
the Fund.
About SS&C Technologies
SS&C is a global
provider of services and software for the financial services and
healthcare industries. Founded in 1986, SS&C is headquartered
in Windsor, Connecticut, and has
offices around the world. Some 18,000 financial services and
healthcare organizations, from the world's largest companies
to small and mid-market firms, rely on SS&C for expertise,
scale, and technology. Additional information about SS&C
(NASDAQ: SSNC) is available at www.ssctech.com.
About SS&C ALPS Advisors
SS&C ALPS Advisors,
Inc., a wholly-owned subsidiary of SS&C Technologies, Inc., is
a leading provider of investment products for advisors and
institutions. Headquartered in Denver,
CO with $18.5 billion under
management as of June 30, 2021, ALPS
Advisors is an open architecture boutique investment manager
offering portfolio building blocks, active insight, and an
unwavering drive to guide clients to investment outcomes across
sustainable income, thematic and alternative growth strategies. For
more information, visit www.alpsfunds.com.
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SOURCE SS&C / ALPS Advisors