RiverShares are model portfolios that are comprised solely of RiverFront sub-advised exchange-traded funds (ETFs) and managed using our Price Matters® strategic allocation, tactical overlay and risk management processes. We have partnered with First Trust and ALPS to sub-advise international equity, domestic equity, and fixed income ETFs that may be purchased individually or as part of the RiverShares models. These models will seek to align with RiverFront asset allocation strategies based on investor time horizons and risk tolerances.
If you are a financial professional and would like more detail, pleaser register for the Advisor Only portion of our website or call 804-549-4800 for assistance.
Click the yellow buttons in the chart below to visit the sponsor page for that ETF.
|Riverfront Sub-Advised ETFS|
|FIXED INCOME||RiverFront Dynamic Core Income||RFCI||Total return with an emphasis on income as the source of that total return|
|RiverFront Dynamic Unconstrained Income||RFUN||Total return with an emphasis on income as the source of that total return|
|US EQUITIES||RiverFront Dynamic US Dividend Advantage||RFDA||Capital appreciation and dividend income|
|RiverFront Dynamic US Flex-Cap||RFFC||Capital appreciation|
|INTERNATIONAL EQUITIES||First Trust RiverFront Dynamic Developed International||RFDI||Long-term capital appreciation from developed international equity markets|
|First Trust RiverFront Dynamic Europe||RFEU||Long-term capital appreciation from European equity markets|
|First Trust RiverFront Dynamic Asia Pacific||RFAP||Long-term capital appreciation from Asian Pacific equity markets|
|First Trust RiverFront Dynamic Emerging Markets||RFEM||Capital appreciation from Emerging Market equities|
ALPS Portfolio Solutions Distributor, Inc., a FINRA member, is the distributor for the following ETFs: RFCI, RFUN, RFDA, and RFFC. ALPS Advisors, Inc. is the investment adviser to RFCI, RFUN, RFDA, and RFFC, and RiverFront Investment Group, LLC is the investment sub-adviser. ALPS is not affiliated with RiverFront Investment Group, LLC. First Trust Portfolios L.P. is the distributor of RFDI, RFEU, RFAP, and RFEM. First Trust Advisors L.P. is the adviser to RFDI, RFEU, RFAP, and RFEM, and RiverFront Investment Group, LLC is the investment sub-adviser. First Trust is not affiliated with RiverFront Investment Group, LLC.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus or summary prospectus, which contain this and other information, visit www.alpsfunds.com for RFCI, RFUN, RFDA, and RFFC, or www.ftportfolios.com for RFDI, RFEU, RFAP, and RFEM. Read the prospectus carefully before investing.
The RiverShares models are comprised solely of a combination of the 8 RiverFront sub-advised ETFs listed above.
To view the allocations and holdings of the models, please register for our Advisor Only portion of the website, or call 804-549-4800 for assistance.
The portfolio holds individual exchange-traded funds. As a portfolio manager and a fiduciary for our clients, RiverFront will consider the investment objetives, risks, charges and expenses of a fund carefully before investing in our clients’ assets. This and other information is found in the prospectus. Investors wishing to review a prospectus may contact their financial advisor.
These materials include general information and have not been tailored for any specific recipient or recipients. Accordingly, these materials are not intended to cause RiverFront Investment Group, LLC or an affiliate to become a fiduciary within the meaning of Section 3(21)(A)(ii) of the Employee Retirement Income Security Act of 1974, as amended or Section 4975(e)(3)(B) of the Internal Revenue Code of 1986, as amended
RiverFront is owned primarily by its employees through RiverFront Investment Holding Group, LLC, the holding company for RiverFront. Baird Financial Corporation (BFC) is a minority owner of RiverFront Investment Holding Group, LLC and therefore an indirect owner of RiverFront. BFC is the parent company of Robert W. Baird & Co. Incorporated (“Baird”), a registered broker/dealer and investment adviser.
Additional RiverShares Information and Disclosures:
RiverShares portfolios are asset allocation solutions comprised solely of actively managed ETFs that are sub-advised by RiverFront. More specifically, in order to be eligible for inclusion in the RiverShares portfolios, an ETF must be both (1) sub-advised by RiverFront, and (2) pay a sub-advisory fee of 0.35% per annum to RiverFront.
RiverFront does not earn any account-level fee with respect to any RiverShares accounts, including from a Sponsor Firm. Clients who access RiverShares portfolios through a Sponsor Firm, however, will typically pay additional fees to the Sponsor Firm. Clients should speak to their Financial Advisor for more information on such fees, as they may vary among Sponsor Firms.
While certain RiverShares, Advantage and ETF Advantage portfolios will have similar strategies and investment objectives, it is important to understand that there will be key differences between RiverShares, Advantage and ETF Advantage portfolios. Please see the descriptions provided on the Offerings page to see the differences between the different portfolio options.
RiverShares portfolios will target a 2% cash allocation and are only able to enact defensive tactical strategies by shifting portfolio assets into bond ETFs instead of cash. In periods of market decline, these portfolios may perform worse than portfolios that can have a higher allocation to cash/cash equivalents should the selected bond ETF underperform an equivalent cash allocation.
RiverFront Sub-Advised ETFs could be considered “start-up” or early stage funds with low assets under management. RiverFront might have its own seed capital invested in certain of its Sub-Advised ETFs and/or could have discretionary control of a significant amount of RiverFront client assets invested in its Sub-Advised ETFs. Withdrawing seed capital or RiverFront client assets from the Sub-Advised ETFs could disadvantage the Funds and, as a result, other investors in the Funds, including other RiverFront clients.
RiverFront’s Price Matters® discipline compares inflation-adjusted current prices relative to their long-term trend to help identify extremes in valuation.
Mean reversion is the tendency of a variable, such as a stock price, to converge on an average value over time.