SS&C ALPS Advisors, a subsidiary of SS&C Technologies Holdings (Nasdaq: SSNC), has announced the launch of its ALPS | CoreCommodity Natural Resources ETF (Nasdaq: CCNR). This new ETF, developed in partnership with CoreCommodity Management, aims to offer investors exposure to natural resource equities, providing a potential hedge against inflation and opportunities for equity returns.
The fund adopts a 'pure play' approach, investing in upstream commodity-producing companies. CoreCommodity Management will employ an actively managed, quantitative, multi-factor process to evaluate the corporate fundamentals and market dynamics of portfolio companies. This strategic investment seeks to diversify portfolio risk and mitigate the impact of unexpected inflation.
However, the fund is new with operating history and carries inherent risks associated with natural resource investments, including market volatility, geopolitical factors, and concentrated production regions. Investors are advised to review the fund's prospectus for detailed information on objectives, risks, and charges.