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Cumulative Performance as of 12/31/2011
| 1 month | 3 month | YTD | Since Inception1 | Total Expense Ratio2 | What You Pay2 | |
|---|---|---|---|---|---|---|
| Class A (NAV) | -1.96% | 3.83% | -18.36% | 112.41% | 2.16% | 1.98% |
| Class A with sales charges (MOP) | -7.34% | -1.90% | -22.85% | 100.77% | ||
| Benchmark3 | 2.48% | 8.11% | -18.41% | 107.11% |
Average Annual Performance as of 12/31/2011
| 1 year | 3 year | 5 year | Since Inception1 | Total Expense Ratio2 | What You Pay2 | |
|---|---|---|---|---|---|---|
| Class A (NAV) | -18.36% | 14.57% | 3.53% | 13.37% | 2.16% | 1.98% |
| Class A with sales charges (MOP) | -22.85% | 12.41% | 2.36% | 12.31% | ||
| Benchmark3 | -18.41% | 11.48% | 2.52% | 12.90% |
Yearly Performance as of 12/31/2011
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|
| Class A (NAV) | -18.36% | 11.56% | 65.12% | -46.81% | 48.73% | 78.55% |
| Class A with sales charges (MOP) | -22.85% | 5.43% | 55.58% | -49.86% | 40.21% | 68.29% |
| Benchmark3 | -18.41% | 4.63% | 62.29% | -50.83% | 66.23% | 82.87% |
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. The Fund imposes a 2.00% redemption fee on shares held for less than 30 days. Performance shown does not include the redemption fee, which if reflected would reduce the performance quoted. For the most current month-end performance data please call 1.866.759.5679. Performance includes reinvested distributions and capital gains.
The performance shown for periods prior to January 15, 2010, reflects the performance of the Old Mutual China Fund, a series of Old Mutual Funds I (as a result of a prior reorganization of the Old Mutual China Fund into the Clough China Fund).
The recent growth rate in the stock market has helped to produce short-term returns for some asset classes that are not typical and may not continue in the future. Because of ongoing market volatility, fund performance may be subject to substantial short-term changes.
Maximum Offering Price (MOP) for Class A shares includes the Fund’s maximum sales charge of 5.50%. Performance shown at NAV does not include these sales charges and would have been lower had it been taken into account.
1Class A Inception Date of the Predecessor Fund: 12/30/2005
2ALPS | Clough China Fund: What You Pay reflects the Adviser's decision to contractually limit expenses through August 31, 2012. Please see the prospectus for additional information.
3Benchmark MSCI China - The MSCI China Index is constructed according to the MSCI Global Investable Market Index (GIMI) family. The MSCI China Index is part of the MSCI Emerging Markets Index.
An investor may not invest directly in an index.
2010 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics. Clough China Fund was rated against the following numbers of U.S.- domiciled China Region Funds over the following time periods: 80 funds in the last three years and 61 funds in the last five years. With respect to these China Region Funds, Clough China Fund - Class A Shares received a Morningstar Rating™ of 3 stars and 4 stars for the three- and five-year periods, respectively. Other classes may have different performance characteristics. Past performance is no guarantee of future results.