LALT Stock Fund Price and Chart — AMEX:LALT

Overview

Analysis News Discussions Technicals Seasonals

LALT chart

Key stats

About First Trust Exchange-Traded Fund VIII First Trust Multi-Strategy Alternative ETF

LALT seeks long-term total return through an actively managed fund-of-funds that employs a multi-strategy alternative approach. The fund is designed to provide lower correlation and more diversified risk exposures over various market cycles as compared to traditional equity and fixed income benchmarks. The portfolio primarily consists of ETPs with exposure to multiple alternative asset categories and strategies, including hedged equity, long/short, event-driven, managed futures, commodities, real estate, opportunistic fixed income, relative value, currencies, and global macro. Eligible ETPs are evaluated based on their correlation to traditional asset classes, total return profile, and standard deviation of returns. Market-related data is used to analyze and incorporate broader macroeconomic factors into the strategy. The adviser uses multiple prospective portfolios to assess risk and returns. The fund may include ETFs, ETNs, and trusts backed by physical commodities or currencies.