Additionally, the ETF provides tax accounts such as IRA and 401(k) plans with a new option for participating in the energy infrastructure Master Limited Partnership (“MLP”) asset class without Unrelated Business Taxable Income concerns. Investors will not receive K-1s as they would if investing directly in MLPs.All K-1s are received and processed by the Alerian MLP ETF. The Alerian MLP ETF distributes a single Form 1099 to its shareholders. This notice is provided to you for informational purposes only, and should not be considered tax advice. Please consult your tax advisor for further assistance. The Fund’s concentration in securities of MLPs involves risks that differ from investments in common stock, including risks related to: (1) limited control and rights to vote on matters affecting the MLP; (2) potential conflicts of interest between the MLP and its general partner; (3) cash flow; (4) dilution; and (5) the general partner’s limited call right. Actual results, performance or events may also be affected by, without limitation, (1) general economic conditions, (2) performance of financial markets, (3) interest rate levels, (4) changes in laws and regulations and (5) changes in the policies of governments and/or regulatory authorities. An investor’s shares, when sold, may be worth more or less than their original cost. MLPs may have additional expenses, as some MLPs pay incentive distribution fees to their general partners. Infrastructure companies are subject to risks specific to the industry they serve including, but not limited to commodity price fluctuations; reduced volumes of energy commodities available for transporting, processing, storing or distributing; changes in the economy or regulatory environment; and extreme weather. The Fund invests primarily in energy infrastructure companies which may be adversely affected by changes in worldwide energy prices, exploration, production, spending, government regulation, changes in exchange rates and depletion of natural resources. Tom Carter is a Registered Representative of ALPS Distributors, Inc. ALPS Distributors, Inc. is the Distributor of the Alerian MLP ETF.
The Alerian MLP ETF (master limited partnership exchange-traded fund) reached three billion in net assets on April 18, 2012. The fund began trading on August 25, 2010. “We have been tremendously pleased with the growth of the Alerian MLP ETF, the first ever ETF product focused on MLPs and after-tax yield,” said Kenny Feng, President and CEO of Alerian. “We have enjoyed partnering with ALPS, a firm which possesses a strength in alternative investments as well as a specialized sales team knowledgeable in MLPs. We look forward to a continued partnership with ALPS and bringing more information and product access to the MLP asset class.” “We at ALPS were extremely excited to help bring the world’s first MLP ETF to the marketplace,” commented Tom Carter, Executive Vice President of ALPS Holdings. “Its success has not only been a testament to the potential portfolio benefits of MLPs, but also due to the recognized brand of Alerian as a global leader in providing benchmark MLP indices. We believe that the unique combination of access to the MLP market, along with the potential advantages of the ETF structure provides investors with a powerful tool to help build better portfolios.” The Alerian MLP Exchange Traded Fund (NYSE: AMLP) delivers exposure to the Alerian MLP Infrastructure Index (NYSE: AMZI), a capped, float-adjusted, capitalization-weighted composite of 25 energy infrastructure Master Limited Partnerships that earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the "Index"). Please direct any inquiries to firstname.lastname@example.org or by calling 1-877-398-8461 About ALPS A wholly owned subsidiary of DST Systems, Inc., headquartered in Denver with offices in Boston, New York, and Seattle, ALPS is a 27-year-old financial services firm focused on asset servicing and asset gathering. With more than 350 employees, over 200 clients, and an executive team that has been in place for over 17 years, 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. As of March 31, 2012, the firm managed more than $5 billion in assets and provided servicing to more than $339 billion in client assets. For more information about ALPS and the services available, visit www.alpsinc.com. For additional information about ALPS products, visit www.alpsfunds.com. Investors should carefully consider the investment objectives, risk, charges and expenses of any exchange-traded fund (“ETF”) prior to investing. For a prospectus containing this and other information, please visit www.alerianmlp.com or call 1-877-398-8461. Please read the prospectus carefully before investing. There are risks involved with investing in ETFs including the loss of money. Additional information regarding the risks of this investment is available in the disclosure. The Fund is taxed as a regular corporation for federal income tax purposes. This differs from most investment companies, which are treated as “regulated investment companies” under the Code and do not pay entity level income taxes. The Fund invests primarily in energy infrastructure companies which may be adversely affected by changes in worldwide energy prices, exploration, production spending, government regulation, changes in exchange rates and depletion of natural resources.