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VelocityShares Emerging Asia DR ETF
Ticker Symbol: ASDR* CUSIP: 00162Q825 Exchange: NYSEA
* NOTE: This security is no longer trading as of 11/21/2014
Company's Online Profile
FUND DESCRIPTION: VelocityShares Emerging Asia DR ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the ALPS ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The VelocityShares Emerging Asia DR ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the BNY Mellon Emerging Asia DR Index. INDEX DESCRIPTION: The BNY Mellon Emerging Asia DR Index is capitalization-weighted and is designed to track the performance of depositary receipts of companies located in emerging Asian countries. The Index is comprised of U.S. exchange-listed American Depositary Receipts (ADRs) and London Stock Exchange (LSE)-traded Global Depositary Receipts (GDRs). FUND STRATEGY: The Fund seeks investment results that correspond generally to the performance of the Index, before fees and expenses, by investing in ADRs and GDRs which comprise the Index. The Fund will normally invest at least 90% of its total assets in depositary receipts constituting its Index. In addition, under normal circumstances, the Fund will invest at least 80% of its total assets in depositary receipts of issuers located in emerging Asian markets. FUND MANAGEMENT: ALPS Advisors, Inc. serves as the investment adviser to the Fund.
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Notes: November 04, 2014 -- ALPS, a DST Company today announced the liquidation of three VelocityShares ETFs. VelocityShares Emerging Asia DR ETF (NASDAQ: ASDR), VelocityShares Emerging Markets DR ETF (NASDAQ: EMDR) and VelocityShares Russia Select DR ETF (NASDAQ: RUDR). The last day of trading for the three Funds is scheduled to be Thursday, November 20, 2014 and and will liquidate on November 21, 2014. The decision to close the Funds was made by the ALPS ETF Trust’s Board of Trustees after consultation with ALPS Advisors, Inc. On consideration of current market conditions, as well as prospects for growth in the Funds’ assets, the Board determined that it was in the best interests of the Funds and their shareholders to liquidate the Funds’ shares. Any person holding shares in the Funds as of the liquidation date will receive a cash distribution equal to the net asset value of their shares. For additional information about the liquidation, shareholders of the Funds may call ALPS at 866-759-5679.
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IPO - 4/5/2013 -
Link to IPO Prospectus
Micro Cap Stock -
Market Value $5.3 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 19 Old Kings Highway South, Darien, CT 06820 |
| Main Phone Number |
877-583-5624 |
| Fax Number |
Not Available |
| Investor Contact
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855-325-8021
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| Toll Free Phone Number |
855-325-8021 |
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