ALPS Advisors, Inc. To Close An Exchange Traded Fund

WINDSOR, Conn., Sept. 20, 2018 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced that ALPS Advisors, Inc., a subsidiary of SS&C Technologies, is liquidating one Fund of the ALPS ETF Trust.

The Fund --  ALPS/Dorsey Wright Sector Momentum ETF (NASDAQ: SWIN) -- will close to new investors on October 18, 2018 and liquidate on October 22, 2018.

The decision to close the Fund was made by the ALPS ETF Trust's Board of Trustees after consultation with ALPS Advisors, Inc., the investment adviser to the Fund. On consideration of current market conditions, as well as prospects for growth in the Fund's assets among other considerations, the Board determined that it was in the best interests of the Fund and its shareholders to liquidate the Fund's shares, which are listed on the NASDAQ. The last day of trading for the Fund is scheduled to be Friday, October 19, 2018.

The Fund will immediately begin the process of closing down and liquidating its portfolio, which will increase the Fund's cash holdings notwithstanding the Fund's investment objective and strategies. There can be no assurance that there will be a market for the Fund's shares between the last day of trading on the NASDAQ (October 19, 2018) and the liquidation date (October 22, 2018).

Any person holding shares in the Fund as of the liquidation date will receive a cash distribution equal to the net asset value of their shares. Shareholders receiving this cash distribution will not incur transaction fees in connection with this distribution or the liquidation of their shares in the Fund. A portion of the distribution may represent an ordinary income dividend or a capital gain distribution.

For additional information about the liquidation, shareholders of the Fund may call ALPS at 866.759.5679 or visit www.alpsfunds.com.   

Important Disclosures 
An investor should consider the investment objectives, risks, charges and expenses carefully before investing. To obtain   a prospectus which contains this and other information call 866.675.2639 or visit www.alpsfunds.com. Read the prospectus carefully before investing.

ALPS Dorsey Wright Sector Momentum ETF Shares are not individually redeemable. Investors buy and sell shares of the ALPS Dorsey Wright Sector Momentum ETF on a secondary market. Only market makers or "authorized participants" may trade directly with the Fund, typically in blocks of 50,000 shares.

An investment in the Fund is subject to investment risk, including the possible loss of the entire principal amount that you invest.

The Fund is subject to the additional risks associated with concentrating its investments in companies in the market sector.

The Fund is considered non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund.

ALPS Dorsey Wright Sector Momentum Index is a rules-based index intended to track the overall performance of the stocks with the highest relative strength or "momentum" within the NASDAQ US Large Mid Cap Index (the "NASDAQ Index") on a sector-by-sector basis

An investor cannot invest directly in an index.

ALPS Portfolio Solutions Distributor, Inc. is the Distributor of the ALPS Dorsey Wright Sector Momentum ETF.

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About ALPS 

ALPS, which was acquired by SS&C in April 2018, provides customized asset servicing and asset gathering solutions to the financial services community through an entrepreneurial culture based on the commitment to "Do Things Right." Founded in 1985, ALPS continues to actively promote all of its various business segments, from asset servicing through ALPS Fund Services, Inc. to asset gathering through ALPS Distributors, Inc. and ALPS Advisors, Inc. Headquartered in Denver, with offices in Boston, New York, Seattle, and Toronto, ALPS, a wholly-owned subsidiary of DST Systems, Inc., today represents more than 400 employees, over 200 clients, and an executive team that has been in place for more than 18 years. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com.

About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software for the global financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 13,000 financial services and healthcare organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services.

Additional information about SS&C (Nasdaq:SSNC) is available at www.ssctech.com. Follow SS&C on Twitter, LinkedIn and Facebook.

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SOURCE SS&C