Description
Alerian Energy Infrastructure ETF Fund Update | December 31, 2015
ENFR
Description
ETF Stats
ƒƒ The
Alerian Energy Infrastructure ETF (NYSE: ENFR) delivers exposure to the
Alerian Energy Infrastructure Index (CME: AMEI), a composite of North American
energy infrastructure companies engaged in the pipeline transportation, storage,
and processing of energy commodities. Index constituents belong to one of four
categories: U.S. Energy Infrastructure MLPs (25%), U.S. General Partners (25%),
U.S.
Energy Infrastructure Companies (25%), and Canadian Energy Infrastructure Companies (25%). Ticker: ENFR Underlying Index: AMEI Listing Exchange: NYSE Arca CUSIP: 00162Q 676 Fund Inception: 11/01/13 Net Assets: $16.54 million Investing in North American Energy Infrastructure Net Asset Value: The energy renaissance in North America began with new technologies unlocking vast reserves of oil and natural gas. Energy infrastructure companies will build the real assets to connect these reserves to growing population and industrial centers, resulting in the United States potentially achieving energy independence by 2030. Last Payable Date: 12/31/15 Dividends Paid: Quarterly such as pipelines, storage tanks, and processing centers provide inflation protection The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Energy Infrastructure Index (the “Index”). the next 22 years Potential Benefits GROWTH OF $10,000 NAV ƒƒ Income Potential - Quarterly dividends driven by stable cash flows ƒƒ Diversification - Low correlation to equities and bonds Alerian Energy Infrastructure ETF (based on NAV) Alerian Energy Infrastructure ETF (based on Market) Alerian Energy Infrastructure Index ƒƒ Growth - Total return potential without fund-level corporate taxes $7,426 Alerian Energy Infrastructure Index 12/31/15 The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month.
Past performance does not guarantee future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. $0.1825 $10000 $0.15 $0.1310 $0.1154 $0.10 $0.0625 $0.05 $0.00 $5000 12/31/15 12/31/14 $0.2059 $0.20 9/30/15 $5,000 $0.25 7/1/15 $7,309 Alerian Energy ETF (Market) Index Historical Quarterly Distributions 4/1/15 $7,313 Alerian Energy ETF (NAV) Diversification does not eliminate $15000 of the risk experiencing investment losses. 1/2/15 $10,000 12/31/13 0.65% Investment Objective ƒƒ Limited commodity exposure due to a toll-road, PRICE x VOLUME business model ƒƒ An estimated $641 billion dollars of energy infrastructure assets will be built over 10/31/13 $0.0625 Gross Expense Ratio: ƒƒ Real assets $15,000 $17.41 Last Quarterly Distribution: This chart does not imply rates for any future distributions. The ETF is not required to make distributions or make distributions that are equal to the distribution rate of the underlying partnership programs.
A portion of these distributions reflect a return of capital. www.alerianenfr.com | 877.398.8461 . US General Partners Canadian Energy Infrastructure Fund Update | December 31, 2015 ALERIAN ENERGY INFRASTRUCTURE ETF US Energy Infrastructure MLPs US Energy Infrastructure INDEX PORTFOLIO CHARACTERISTICS Number of Companies Market Capitalization ($ Billions) Company Size ($ Millions) Average Median Largest Smallest Top 10 Holdings (% Market Cap Share) Correlation with S&P 500® Index Companies SECTOR WEIGHTINGS 36 $376 Magellan Midstream Partners LP 5.2% Spectra Energy Corp 5.1% Dominion Resources Inc 5.1% ONEOK Inc 4.9% Enbridge Inc 4.9% Pembina Pipeline Corp 4.6% CenterPoint Energy Inc 4.5% ^ PERFORMANCE as of 12/31/15 Alerian Energy Infrastructure ETF (Net Asset Value) Alerian Energy Infrastructure ETF (Market Price)2 Alerian Energy Infrastructure Index (Benchmark) 5.3% TransCanada Corp Subject to change. 5.6% Columbia Pipeline Group Inc U.S. Energy Infrastructure Companies - 29.4% U.S. Energy Infrastructure MLPs - 27.1% Canadian Energy Infrastructure Companies - 24.3% U.S. General Partners - 19.2% 5.6% Enterprise Products Partners LP $10,446 $5,762 $51,307 $522 50.7% 0.69 Correlation based on monthly data over the trailing 3-year period. Total Returns TOP 10 HOLDINGS^ Future holdings are subject to change. ABOUT ALERIAN 1 Month 3 Month YTD 1 Year1 Since Inception1 -37.29% -13.44% -7.89% -9.70% -37.29% -8.00% *** -37.32% -37.32% -9.66% Make sure names match as follows:*** -13.47% -8.04% -9.62% U.S.
Energy Infrastructure Companies -37.14% -37.14% -12.83% Canadian Energy Infrastructure Companies Performance data quoted represents past performance. Past performance does not guarantee U.S. General Partners future results.
Current performance may be higher or lowerU.S. Energy Infrastructure MLPs Call than actual data quoted. 1.877.398.8461 or visit www.alerianenfr.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
The ETF accrues deferred income taxes for future tax liabilities associated with the portion of MLP distributions considered to be a tax-deferred return of capital and for any net operating gains as well as capital appreciation of its investment. This deferred tax liability is reflected in the daily NAV and as a result the MLP fund’s after-tax performance could differ significantly from the underlying assets even if the pretax performance is closely tracked. 1 Annualized. 2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times. Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure.
Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. Over $19 billion is directly tied to the Alerian Index Series through exchange-traded products, delta one notes, and separately managed accounts. For index values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com. alerian@alpsinc.com | 877.398.8461 IMPORTANT DISCLOSURES & DEFINITIONS An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1.877.398.8461 or visit www.alpsfunds.com. Read the prospectus carefully before investing. Shares are not individually redeemable.
Investors buy and sell shares on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund, typically in blocks of 50,000 shares. Investments in securities of MLPs involve risks that differ from an investment in common stock. MLPs are controlled by their general partners, which generally have conflicts of interest and limited fiduciary duties to the MLP, which may permit the general partner to favor its own interests over the MLPs. A portion of the benefits you are expected to derive from the Fund’s investment in MLPs depends largely on the MLPs being treated as partnerships for federal income tax purposes.
As a partnership, an MLP has no federal income tax liability at the entity level. Therefore, treatment of one or more MLPs as a corporation for federal income tax purposes could affect the Fund’s ability to meet its investment objective and would reduce the amount of cash available to pay or distribute to you. Legislative, judicial, or administrative changes and differing interpretations, possibly on a retroactive basis, could negatively impact the value of an investment in MLPs and therefore the value of your investment in the Fund. The fund invests primarily in a particular sector and could experience greater volatility than a fund investing in a broader range of industries. The Fund may be subject to risks relating to its investment in Canadian securities.
Because the Fund will invest in securities denominated in foreign currencies and the income received by the Fund will generally be in foreign currency, changes in currency exchange rates may negatively impact the Fund’s return. Investments in the energy infrastructure sector are subject to: reduced volumes of natural gas or other energy commodities available for transporting, processing or storing; changes in the regulatory environment; extreme weather and; rising interest rates which could result in a higher cost of capital and drive investors into other investment opportunities. The Alerian Energy Infrastructure ETF is not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested MLP - Master Limited Partnership. S&P 500® Index is the Standard & Poor’s composite index of 500 stocks, a widely recognized, unmanaged index of common stock prices. One cannot invest directly in an index.
Index performance does not reflect fund performance. Correlation: a statistical measure of how two securities move in relation to each other. ALPS Portfolio Solutions Distributor, Inc., 1290 Broadway, Ste. 1100, Denver, CO 80203 is the distributor for the Alerian Energy Infrastructure ETF, Alerian MLP ETF, ALPS | Alerian MLP Infrastructure Index Fund and ALPS|Alerian Energy Infrastructure Portfolio. ALPS Portfolio Solutions Distributor, Inc. is not affiliated with Alerian. Not FDIC Insured • No Bank Guarantee • May Lose Value. ALR000420 4/30/16 .
. .
Energy Infrastructure Companies (25%), and Canadian Energy Infrastructure Companies (25%). Ticker: ENFR Underlying Index: AMEI Listing Exchange: NYSE Arca CUSIP: 00162Q 676 Fund Inception: 11/01/13 Net Assets: $16.54 million Investing in North American Energy Infrastructure Net Asset Value: The energy renaissance in North America began with new technologies unlocking vast reserves of oil and natural gas. Energy infrastructure companies will build the real assets to connect these reserves to growing population and industrial centers, resulting in the United States potentially achieving energy independence by 2030. Last Payable Date: 12/31/15 Dividends Paid: Quarterly such as pipelines, storage tanks, and processing centers provide inflation protection The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian Energy Infrastructure Index (the “Index”). the next 22 years Potential Benefits GROWTH OF $10,000 NAV ƒƒ Income Potential - Quarterly dividends driven by stable cash flows ƒƒ Diversification - Low correlation to equities and bonds Alerian Energy Infrastructure ETF (based on NAV) Alerian Energy Infrastructure ETF (based on Market) Alerian Energy Infrastructure Index ƒƒ Growth - Total return potential without fund-level corporate taxes $7,426 Alerian Energy Infrastructure Index 12/31/15 The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month.
Past performance does not guarantee future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. $0.1825 $10000 $0.15 $0.1310 $0.1154 $0.10 $0.0625 $0.05 $0.00 $5000 12/31/15 12/31/14 $0.2059 $0.20 9/30/15 $5,000 $0.25 7/1/15 $7,309 Alerian Energy ETF (Market) Index Historical Quarterly Distributions 4/1/15 $7,313 Alerian Energy ETF (NAV) Diversification does not eliminate $15000 of the risk experiencing investment losses. 1/2/15 $10,000 12/31/13 0.65% Investment Objective ƒƒ Limited commodity exposure due to a toll-road, PRICE x VOLUME business model ƒƒ An estimated $641 billion dollars of energy infrastructure assets will be built over 10/31/13 $0.0625 Gross Expense Ratio: ƒƒ Real assets $15,000 $17.41 Last Quarterly Distribution: This chart does not imply rates for any future distributions. The ETF is not required to make distributions or make distributions that are equal to the distribution rate of the underlying partnership programs.
A portion of these distributions reflect a return of capital. www.alerianenfr.com | 877.398.8461 . US General Partners Canadian Energy Infrastructure Fund Update | December 31, 2015 ALERIAN ENERGY INFRASTRUCTURE ETF US Energy Infrastructure MLPs US Energy Infrastructure INDEX PORTFOLIO CHARACTERISTICS Number of Companies Market Capitalization ($ Billions) Company Size ($ Millions) Average Median Largest Smallest Top 10 Holdings (% Market Cap Share) Correlation with S&P 500® Index Companies SECTOR WEIGHTINGS 36 $376 Magellan Midstream Partners LP 5.2% Spectra Energy Corp 5.1% Dominion Resources Inc 5.1% ONEOK Inc 4.9% Enbridge Inc 4.9% Pembina Pipeline Corp 4.6% CenterPoint Energy Inc 4.5% ^ PERFORMANCE as of 12/31/15 Alerian Energy Infrastructure ETF (Net Asset Value) Alerian Energy Infrastructure ETF (Market Price)2 Alerian Energy Infrastructure Index (Benchmark) 5.3% TransCanada Corp Subject to change. 5.6% Columbia Pipeline Group Inc U.S. Energy Infrastructure Companies - 29.4% U.S. Energy Infrastructure MLPs - 27.1% Canadian Energy Infrastructure Companies - 24.3% U.S. General Partners - 19.2% 5.6% Enterprise Products Partners LP $10,446 $5,762 $51,307 $522 50.7% 0.69 Correlation based on monthly data over the trailing 3-year period. Total Returns TOP 10 HOLDINGS^ Future holdings are subject to change. ABOUT ALERIAN 1 Month 3 Month YTD 1 Year1 Since Inception1 -37.29% -13.44% -7.89% -9.70% -37.29% -8.00% *** -37.32% -37.32% -9.66% Make sure names match as follows:*** -13.47% -8.04% -9.62% U.S.
Energy Infrastructure Companies -37.14% -37.14% -12.83% Canadian Energy Infrastructure Companies Performance data quoted represents past performance. Past performance does not guarantee U.S. General Partners future results.
Current performance may be higher or lowerU.S. Energy Infrastructure MLPs Call than actual data quoted. 1.877.398.8461 or visit www.alerianenfr.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
The ETF accrues deferred income taxes for future tax liabilities associated with the portion of MLP distributions considered to be a tax-deferred return of capital and for any net operating gains as well as capital appreciation of its investment. This deferred tax liability is reflected in the daily NAV and as a result the MLP fund’s after-tax performance could differ significantly from the underlying assets even if the pretax performance is closely tracked. 1 Annualized. 2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times. Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure.
Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. Over $19 billion is directly tied to the Alerian Index Series through exchange-traded products, delta one notes, and separately managed accounts. For index values, yields, constituents, and announcements regarding rebalancings, please visit www.alerian.com. alerian@alpsinc.com | 877.398.8461 IMPORTANT DISCLOSURES & DEFINITIONS An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1.877.398.8461 or visit www.alpsfunds.com. Read the prospectus carefully before investing. Shares are not individually redeemable.
Investors buy and sell shares on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund, typically in blocks of 50,000 shares. Investments in securities of MLPs involve risks that differ from an investment in common stock. MLPs are controlled by their general partners, which generally have conflicts of interest and limited fiduciary duties to the MLP, which may permit the general partner to favor its own interests over the MLPs. A portion of the benefits you are expected to derive from the Fund’s investment in MLPs depends largely on the MLPs being treated as partnerships for federal income tax purposes.
As a partnership, an MLP has no federal income tax liability at the entity level. Therefore, treatment of one or more MLPs as a corporation for federal income tax purposes could affect the Fund’s ability to meet its investment objective and would reduce the amount of cash available to pay or distribute to you. Legislative, judicial, or administrative changes and differing interpretations, possibly on a retroactive basis, could negatively impact the value of an investment in MLPs and therefore the value of your investment in the Fund. The fund invests primarily in a particular sector and could experience greater volatility than a fund investing in a broader range of industries. The Fund may be subject to risks relating to its investment in Canadian securities.
Because the Fund will invest in securities denominated in foreign currencies and the income received by the Fund will generally be in foreign currency, changes in currency exchange rates may negatively impact the Fund’s return. Investments in the energy infrastructure sector are subject to: reduced volumes of natural gas or other energy commodities available for transporting, processing or storing; changes in the regulatory environment; extreme weather and; rising interest rates which could result in a higher cost of capital and drive investors into other investment opportunities. The Alerian Energy Infrastructure ETF is not suitable for all investors. Subject to investment risks, including possible loss of the principal amount invested MLP - Master Limited Partnership. S&P 500® Index is the Standard & Poor’s composite index of 500 stocks, a widely recognized, unmanaged index of common stock prices. One cannot invest directly in an index.
Index performance does not reflect fund performance. Correlation: a statistical measure of how two securities move in relation to each other. ALPS Portfolio Solutions Distributor, Inc., 1290 Broadway, Ste. 1100, Denver, CO 80203 is the distributor for the Alerian Energy Infrastructure ETF, Alerian MLP ETF, ALPS | Alerian MLP Infrastructure Index Fund and ALPS|Alerian Energy Infrastructure Portfolio. ALPS Portfolio Solutions Distributor, Inc. is not affiliated with Alerian. Not FDIC Insured • No Bank Guarantee • May Lose Value. ALR000420 4/30/16 .
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