ALPS aims to launch ETF investing in master limited partnerships

06/14/2010 | IndexUniverse.com · MutualFundWire.com

ALPS Advisors, one of the first managers to offer exchange-traded funds, is making its move into funds investing in master limited partnerships. The company filed with the U.S. Securities and Exchange Commission to offer the Alerian MLP ETF. The fund would focus on the 25 master limited partnerships listed on the Alerian MLP Infrastructure Index. The partnerships generate most of their income from energy storage and transportation.

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