The First Trust Multi-Strategy Alternative ETF (LALT) is designed to achieve the primary goal of generating overall long-term returns. This actively managed exchange-traded fund strives towards its investment objective by strategically distributing its capital among a wide variety of non-traditional asset classes and investment approaches. The intention behind this strategy is to provide investors with diminished correlation and broader risk diversification when measured against standard equity and fixed income benchmarks, like the S&P 500 Index or the Bloomberg Aggregate Bond Index, aiming for consistent performance through diverse economic conditions.

Asset class

Alternatives

Issuer

First Trust

Domicile

US

Inception date

Jan 31, 2023

Holdings

9

ISIN

US33740F4900