Morningstar

ALPS Global Opportunity III AVPEX

Morningstar Medalist Rating
Medalist Rating as of | See ALPS Investment Hub
  • NAV / 1-Day Return 14.31  /  +0.85 %
  • Total Assets 26.8 Mil
  • Adj. Expense Ratio
    2.410%
  • Expense Ratio 2.410%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Global Small/Mid Stock
  • Investment Style Mid Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Turnover 22%

USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:49 AM GMT+0

Morningstar’s Analysis AVPEX

Will AVPEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AVPEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AVPEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AVPEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit ALPS Global Opportunity III to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AVPEX

More AVPEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 39.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

7.31 1.8 Mil
Cash and Equivalents

KKR & Co Inc Ordinary Shares

5.07 1.3 Mil
Financial Services

3i Group Ord

5.04 1.3 Mil
Financial Services

HgCapital Trust Ord

4.44 1.1 Mil
—

Harbourvest Global Private Equity Ltd

4.12 1.0 Mil
Financial Services

Ares Management Corp Ordinary Shares - Class A

4.07 1.0 Mil
Financial Services

Intermediate Capital Group PLC

3.76 952,853
Financial Services

Brederode SA

3.57 903,752
Financial Services

Partners Group Holding AG

3.29 832,362
Financial Services

Oakley Capital Investments Ord

3.29 832,320
—

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