LALT

📎 Investment Objective

The First Trust Multi-Strategy Alternative ETF (LALT) seeks to provide exposure to a diversified portfolio of alternative investment strategies with the goal of generating positive returns in a variety of market environments.

✨ Key Features

• Exposure to a diversified portfolio of alternative investment strategies
• Seeks to generate positive returns in a variety of market conditions
• Utilizes multiple alternative investment managers and strategies
• Aims to provide diversification and manage overall portfolio risk

⚠️ Primary Risks

• Alternative investment strategies may be subject to higher volatility and risk than traditional asset classes
• The fund's performance is dependent on the skill of the underlying investment managers
• Lack of a track record, as the fund has not yet commenced operations
• Potential for higher fees and expenses compared to traditional index funds

👤 Best For

LALT may be suitable for investors seeking exposure to alternative investment strategies as a complement to their traditional stock and bond portfolios. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potentially higher volatility associated with alternative investments.