First Trust Multi-Strategy Alternative ETF (LALT)
ARCA ARCA Primary Summary
LALT Chart
First Trust Multi-Strategy Alternative ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 460 | $9,743.44 | $11,067.6 | $1,324.16 | 13.59% |
| MK Matthew Kolesky ARBOR CAPITAL MANAGEMENT Inc. /ADV | 21,685 | $468,077.73 | $521,309.57 | $53,231.84 | 11.37% |
| CCW Cassaday & Co. Wealth Management LLC Cassaday & Co. Wealth Management LLC | 6,160 | $149,718 | $148,216.38 | -$1,501.62 | -1% |
 Christopher C. Powers Farther Finance Advisors, LLC | 76,161 | $1.79M | $1.83M | $44,135.85 | 2.46% |
 Proactive Wealth Strategies LLC Proactive Wealth Strategies LLC | 15,547 | $377,866.73 | $373,983.08 | -$3,883.65 | -1.03% |
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First Trust Multi-Strategy Alternative ETF Profile
| ARCA Exchange | US Country |
Overview
The fund outlined is designed as an actively managed exchange-traded fund (ETF) that primarily focuses on reducing correlation and diversifying risk in comparison to traditional investment benchmarks such as the S&P 500® Index and the Bloomberg Aggregate Bond Index. By targeting a mix of alternative asset categories and strategies, the fund aims to offer investors a unique approach to managing investment risks over various market cycles. Notably, it is classified as non-diversified, suggesting that it may invest more heavily in fewer assets, potentially leading to higher risk or reward scenarios.
Products and Services
The fund offers a strategically curated set of investment products and services designed to cater to investors seeking diversification away from traditional equity and fixed income investments. Each product and service is tailored to contribute to the fund's overarching goal of achieving lower correlation with traditional investment benchmarks.
- Alternative Asset Allocation - The fund diversifies its investments across various alternative asset categories and strategies. This approach is meant to spread out risk and potentially lower the fund's correlation with traditional market benchmarks, such as equity and fixed income indexes, thereby aiming to offer more stable returns across different market conditions.
- Actively Managed ETF - As an actively managed ETF, the fund employs professional management to make investment decisions and adjust its portfolio in response to changing market conditions. This active management aims to capitalize on market opportunities and manage risk more effectively than passive index-tracking strategies.
- Non-Diversified Investment Approach - Unlike diversified funds that spread investments across a wide array of assets, this fund adopts a non-diversified approach. This strategy allows for potentially higher investments in fewer assets, which could lead to greater rewards, albeit with a higher risk level. This approach is suitable for investors who are looking for potentially higher returns and are comfortable with the associated risks.
