SS&C ALPS Advisors, a wholly-owned subsidiary of SS&C Technologies Holdings, has partnered with Ladenburg Thalmann Index, LLC to launch the ALPS Electrification Infrastructure ETF.
“Government and Industry in the United States are committing to a multi-decade investment in electrification infrastructure, creating one of the most durable investment themes in today’s market,” said Laton Spahr,* Portfolio Manager and President of SS&C ALPS Advisors.
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The Fund provides exposure to publicly listed mid- and large-capitalization companies positioned to benefit from electrification (the process of charging, equipping, supplying or operating with electricity, or the conversion of a machine or system to the use of electrical power).
Michael Gideon, President and Chief Executive Officer of Ladenburg Thalmann Index, LLC, comments, “We are thrilled to partner with SS&C ALPS Advisors on this unique investment offering and look forward to working with them on future products.”
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Mark McLain, Chief Index Officer and Managing Member of Ladenburg Thalmann Index, LLC, added, “We are in the early innings of a seismic shift in United States electricity demand growth. ELFY provides investors with an equal-weighted, sector-diverse vehicle to participate alongside the companies powering the electrification of America for years to come.”
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Fund Objective: the ALPS Electrification Infrastructure ETF seeks investment results that correspond (before fees and expenses) generally to the performance of the Ladenburg Thalmann Electrification Infrastructure Index (LTELFYX).
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Source – PR Newswir
