LALT 21.11 First Trust Multi-Strategy Alternative ETF
Range: | 19.66-22.98 | Vol Avg: | 2592 | Last Div: | 0.46 | Changes: | 0.05 |
Beta: | 0.1 | Cap: | 0.01B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Thu Feb 02 2023 | Empoloyees: | |
CUSIP: | | CIK: | 0001667919 | ISIN: | US33740F4900 | Country: | US |
|
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by allocating its assets amongst a variety of alternative asset categories and strategies in an effort to provide lower correlation and diversifying risk exposures compared to traditional equity and fixed income benchmarks (e.g., the S&P 500® Index or Bloomberg Aggregate Bond Index) over various market cycles. The fund is non-diversified.
The content provided on this site is for informational purposes only and does not constitute financial, investment, or professional advice. We are not registered investment advisors or financial planners, and we do not provide recommendations or advice on buying, selling, or holding any particular stocks or securities. Any investment decisions should be made based on your own research and consultation with a qualified financial professional. We are not responsible for any financial loss or damages incurred from reliance on the information provided on this site. Please invest responsibly and seek professional advice when needed.