Legal Disclosures

ALPS Distributors, Inc., a registered broker-dealer, is the distributor for the Activa Value Fund.

Past performance is no guarantee of future results. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares. Current month-end perfomance information is available by contacting Activa Shareholder Services at 1-800-346-2670.

Mutual funds, annuities, and other investments are not insured or guaranteed by the FDIC or by any other government agency or government sponsored agency of the federal government or any state, not deposits, obligations, or guaranteed by any bank or its affiliates and are subject to investment risks, including possible loss of the principal amount invested.

There is no guarantee that the fund will continue to hold any one particular security or stay invested in any one particular company. The composition of the fund's top holdings is subject to change. Performance figures are historical and reflect the change in share price, reinvested distributions, changes in net asset value, sales charges and capital gains distributions, if any.

Investors should carefully consider the investment objectives, risks, and charges and expenses of the Funds before investing. The prospectus provides this and additional information about the Funds. The prospectus can be obtained on-line or by calling 1-800-346-2670. Please read the prospectus carefully before investing or sending money.

Past Performance

On August 31, 2009 (the "Reorganization Date"), the Fund was organized as a successor to the Activa Value Fund, a series of Activa Mutual Fund Trust (the “Predecessor Fund”). The investment sub-adviser to the Predecessor Fund is the Sub-Adviser to the Fund, and the Fund has engaged a new entity, ALPS Advisors, Inc., as investment adviser to provide investment oversight. As the Fund has just recently commenced investment operations as part of the Financial Investors Trust (the “Trust”), performance information will not become available until the Fund has completed a full calendar year of operations within the Trust. The historical performance information shown reflects the historical information for the Predecessor Fund, which had an identical investment objective and identical investment strategies as the Fund. The performance information relates to the Class R shares of the Predecessor Fund (which is structurally identical to the Class I shares of the Fund) and illustrates how the Predecessor Fund’s performance has varied from year to year and by comparing the Predecessor Fund’s performance with that of a comparable market index. As with all mutual funds, performance information represents only past performance (beforeand after taxes) and is not an indication of future results.