ALPS Files Active ETF Targeting Growth, Momentum and Profitability

The ALPS N10 Growth Momentum & Profitability ETF will use N10 Assets’ GMAP framework to select stocks exhibiting growth within their sectors, momentum and strong profitability. The actively-managed fund will focus primarily on U.S. large-cap companies but can invest across market capitalizations and in foreign equities. Up to 15% of assets may be allocated to illiquid securities and private companies, including businesses preparing for IPOs or at earlier development stages. Portfolio allocations will reflect fundamental research, valuations, market conditions and risk considerations.