Investment Risks - ALPS Global Opportunity Fund
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Sep. 15, 2025 |
| Equity Securities Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Equity
Securities Risk. Equity securities may experience sudden, unpredictable drops in
value or long periods of decline in value. This may occur because of factors that affect
securities markets generally or factors affecting specific industries, sectors or companies
in which the Fund invests, including tariffs and other similar economic arrangements. |
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| Managed Portfolio Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Managed
Portfolio Risk. The manager’s investment strategies or choice of specific securities
may be unsuccessful and may cause the Fund to incur losses. |
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| Private Equity Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Private
Equity Risk. In addition to the risks associated with the Fund’s direct investments,
the Fund is also subject to the underlying risks which affect the listed private equity
companies in which the Fund invests. Private equity entails lending to or investing in
privately held companies and any other vehicles whose purpose is to invest in privately
held companies. Listed private equity companies include, among others, business development
companies, investment holding companies, publicly traded limited partnership interests
(common units), publicly traded venture capital funds, publicly traded venture capital
trusts, publicly traded private equity funds, publicly traded private equity investment
trusts, publicly traded closed-end funds, publicly traded financial institutions. Listed
private equity companies are subject to various risks depending on their underlying investments,
which could include, but are not limited to, additional liquidity risk, industry risk,
non-U.S. security risk, currency risk, valuation risk, credit risk, managed portfolio
risk and derivatives risk. |
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| Industry Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Industry
Risk. The Fund’s investments could be concentrated within one industry or group
of industries. Any factors detrimental to the performance of such industries will disproportionately
impact the Fund. Investments focused in a particular industry are subject to greater
risk and are more greatly impacted by market volatility than less concentrated investments. |
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| Financial Sector Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Financial
Sector Risk. The Fund’s assets could be concentrated in the financial sector,
which means the Fund will be more affected by the performance of the financial sector
than a fund that is more diversified. Financial services companies are subject to extensive
governmental regulation which may limit both the amounts and types of loans and other
financial commitments they can make, the interest rates and fees they can charge, the
scope of their activities, the prices they can charge and the amount of capital they
must maintain. Profitability is largely dependent on the availability and cost of capital
funds and can fluctuate significantly when interest rates change or due to increased
competition. In addition, deterioration of the credit markets generally may cause an
adverse impact in a broad range of markets, including U.S. and international credit and
interbank money markets generally, thereby affecting a wide range of financial institutions
and markets. Certain events in the financial sector may cause an unusually high degree
of volatility in the financial markets, both domestic and foreign, and cause certain
financial services companies to incur large losses. Securities of financial services
companies may experience a dramatic decline in value when such companies experience substantial
declines in the valuations of their assets, take action to raise capital (such as the
issuance of debt or equity securities), or cease operations. Credit losses resulting
from financial difficulties of borrowers and financial losses associated with investment
activities can negatively impact the sector. Insurance companies may be subject to severe
price competition. Adverse economic, business or political developments could adversely
affect financial institutions engaged in mortgage finance or other lending or investing
activities directly or indirectly connected to the value of real estate. |
| ● | Closed-End
Fund Risk: The Fund may invest in closed-end investment companies or funds. Closed-end
funds are subject to investment advisory and other expenses, which will be indirectly
paid by the Fund. As a result, your cost of investing will be higher than the cost of
investing directly in a closed-end fund and may be higher than other mutual funds that
invest directly in stocks and bonds. |
Because
shares of closed-end funds trade on an exchange at market prices, their shares may trade at a price that is above or below their
net asset value. This means that a closed-end fund’s shares may trade at a discount to its net asset value. The amount of
public information available about closed-end funds generally is less than for open-end mutual funds. Consequently, the Adviser
may make investment decisions based on information that is incomplete or inaccurate. Factors such as domestic economic growth
and market conditions, interest rate levels and political events may affect the securities markets and from time to time can cause
markets to fall substantially.
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| Non-U.S. Securities Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Non-U.S.
Securities Risk. Non-U.S. securities are subject to the risks of foreign currency
fluctuations, generally higher volatility and lower liquidity than U.S. securities, less
developed securities markets and economic systems and political and economic instability. |
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| Currency Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Currency
Risk. The value of the Fund’s investments may fall as a result of changes in
exchange rates. |
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| Large-Cap Stock Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Large-Cap
Stock Risk. The Fund’s investment in larger companies is subject to the risk
that larger companies are sometimes unable to attain the high growth rates of successful,
smaller companies, especially during extended periods of economic expansion. |
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| Small– to Mid-Capitalization Companies Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Small–
to Mid-Capitalization Companies Risk. The Fund’s investments in securities
of companies with small- to mid-sized market capitalizations can present higher risks
than do investments in securities of larger companies. Prices of such securities can
be more volatile than the securities of larger capitalization firms and can be more thinly
traded. This may result in such securities being less liquid. |
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| Derivatives Risk |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
| ● | Derivatives
Risk. Derivatives involve special risks and costs and may result in losses to the
Fund. The successful use of derivatives requires sophisticated management, and, to the
extent that derivatives are used, the Fund will depend on the Adviser’s ability
to analyze and manage derivatives transactions. The prices of derivatives may move in
unexpected ways, especially in abnormal market conditions. |
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| Risk Lose Money [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
It is important to read all the disclosure information provided and to understand that you may lose money by
investing in the Fund.
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| Risk Not Insured Depository Institution [Member] |
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| Prospectus [Line Items] |
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| Risk [Text Block] |
The
shares offered by this Prospectus are not deposits or obligations of any bank, are not endorsed or guaranteed by any bank and
are not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board or
any other government agency.
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