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LALT - ETF Fact Sheet

First Trust Multi-Strategy Alternative ETF - USD

Fund Identification

Ticker

LALT

ISIN

US33740F4900

Main Metrics

Price

$24.54

Expense Ratio

1.18%

AuM

$52.77M

Tracking Difference

%

Ratings

Trackinsight rating

N/A

ESG Consensus®

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise

Official Investment Strategy

The First Trust Multi-Strategy Alternative ETF's (the "Fund") investment objective is long-term total return. 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.

LALT's historical prices, performance, and flows

-2.5-2.0-1.5-1.0-0.50.00.51.0%
1m returns
0.93%
1m flows
$6M
* Net total returns
All data as of 15 April 2026

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LALT's characteristics

Manager statistics

406 funds, $255.22Bn in AUM

Asset class

Commodity, Equity, Fixed Income

Dividend policy

Distributing

Meets ESG criteria

No

LALT's exposure

The LALT ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.

1.0%