Financial News

ALPS Advisors, Inc., Proposes Reorganization of Two Exchange Traded Funds

ALPS Advisors, Inc., acquired by SS&C, providing products and services to the financial services industry, today announced that shareholders of record as of December 19, 2018 of the Sprott Gold Miners ETF (NYSE ARCA: SGDM) and Sprott Junior Gold Miners ETF (NYSE ARCA: SGDJ), each a series of ALPS ETF Trust (the Funds), will be asked to approve a reorganization of their respective Funds into newly-created exchange-traded funds (ETFs) of the Sprott ETF Trust.

The proposed reorganizations of the Funds will allow shareholders the opportunity to continue investing in corresponding new ETFs with the same names and substantially the same investment objectives, investment strategies, policies and risks as the Funds, except with respect to the underlying index tracked by each Fund. The change of indices will not be effective until after the closing of the reorganizations.

If approved by shareholders, the proposed reorganizations are expected to close on or around February 15, 2019.

For additional information about the Funds or to receive free copies of the Funds’ prospectus, SAI or other documents, shareholders may visit or call 1.855.215.1425. To receive proxy documents, Fund shareholders may call AST Fund Solutions, LLC, our proxy solicitation firm, at 1.800.207.2872.

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 Information about ALPS products is available at

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.

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 please contact your financial professional or call 1.855.215.1425. Read the prospectus carefully before investing.

Sprott Gold Miners ETF and Sprott Junior Gold Miners ETF shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund, typically in blocks of 50,000 shares.

The Funds are not suitable for all investors. There are risks involved with investing in ETFs including the loss of money. The Funds are considered non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund.

The Funds are concentrated in the gold and silver mining industry. As a result, the Funds are sensitive to changes in, and its performance will depend to a greater extent on, the overall condition of the gold and silver mining industry. Also, gold and silver mining companies are highly dependent on the price of gold and silver bullion. These prices may fluctuate substantially over short periods of time so the Fund’s Share price may be more volatile than other types of investments.

Funds that emphasize investments in small/mid cap companies will generally experience greater price volatility. Funds investing in foreign and emerging markets will also generally experience greater price volatility.

There are risks involved with investing in ETFs including the loss of money.

Diversification does not eliminate the risk of experiencing investment losses.

ETFs are considered to have continuous liquidity because they allow for an individual to trade throughout the day.

ALPS Portfolio Solutions Distributor, Inc. is the Distributor for The Sprott Gold Miners ETF and The Sprott Junior Gold Miners ETF.


SS&C Technologies
Jen Molgano
Public Relations
+1 617 648 0948

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