ALPS creates fixed income fund 07 January 2014Colorado Reporter: Georgina Lavers
Image: Shutterstock
ALPS has launched an open-end mutual fund designed to protect principal while producing high current income. The fund, called ALPS | Westport Resources Hedged High Income Fund, is the result of collaboration with Westport Resources.
The fund’s secondary goal is capital preservation, with the potential for appreciation.
“The ALPS | Westport Resources Hedged High Income Fund includes a number of ways to manage fixed income securities in a low interest rate environment,” says Tom Carter, president of ALPS Advisors.
“More than that, investors will have the potential benefit of a proven portfolio manager at the helm to execute on the fund’s strategies.”
ALPS is a DST Company focused on asset servicing and asset gathering.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 