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Alerian MLP ETF passes USD3bn in assets


The Alerian MLP ETF (master limited partnership exchange-traded fund) reached USD3 billion in net assets on 18 April, 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,” says 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,” says 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 recognised 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, capitalisation-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").

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