Fund Description
The Invesco Multi-Strategy Alternative ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks to achieve a positive total return with low correlation to the broader securities markets by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. Invesco Advisers, Inc., the sub-adviser to the Fund (Sub-Adviser), selects investments for inclusion in the Funds portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (Benchmark) through a quantitative process that seeks to exceed the Benchmarks performance. The Benchmark was developed by the Sales & Trading Division of the Institutional Securities Group of Morgan Stanley and includes a combination of quantitative, rules-based strategies (Benchmark Strategies) aimed to capture non-traditional risk premia across equities, rates, currencies and volatility markets.
Fund Profile
Fund Name Invesco Multi-Strategy Alternative ETF
Fund Exchange Ticker LALT
Fund Sponsor Invesco
Fund ISIN US46090A6064
Net Expense Ratio 0.98 %
Fund Inception Date 29 May 2014
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 6.51 Million (USD)
1 Month Total Return -1.49 %
Year To Date Return -0.40 %
1 Year Total Return 1.04 %
3 Year Annualized Total Return 0.08 %
NAV 21.69
Share Outstanding 300,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
90DAY EURO FUTR Dec19EDZ9 COMB EDZ9 FUTR 0.3729325082
S&P500 EMINI FUT Mar19ESH9 ESH9 FUTR 0.0922478742
SEK CASH 0.0294883574
SEK CASH 0.0294883574
NZD CASH 0.0289480971
NZD CASH 0.0289480971
NOK CASH 0.0209364638