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    PowerShares Multi-Strategy Alt ETF (LALT)

    -Nasdaq GIDS
    22.45 Down 0.13(0.59%) May 27, 3:57PM EDT
    Prev Close:22.58
    Open:22.55
    Bid:22.44 x 500
    Ask:22.56 x 600
    NAV¹:22.53
    Net Assets²:11.31M
    YTD Return (Mkt)²:1.40%
    Day's Range:22.45 - 22.55
    52wk Range:20.60 - 25.06
    Volume:2,860
    Avg Vol (3m):1,628
    P/E (ttm)²:17
    Yield (ttm)²:0.00

    ¹As of May 27, 2016

    ²As of Apr 30, 2016

    Quotes delayed, except where indicated otherwise. Currency in USD.

    Fund Basics

    Category:Multialternative
    Fund Family:PowerShares
    Total Assets:11.31M
    Legal Type:Exchange Traded Fund

    Performance & Risk

    YTD Return:1.40%
    3y Avg Return:NaN
    5y Avg Return:NaN
    Beta (3y):N/A

    Fund Summary

    The investment seeks a positive total return that has a low correlation to the broader securities markets. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a combination of equity securities, financial futures contracts, forward currency contracts and other securities. The sub-adviser selects investments for inclusion in the fund's portfolio with reference to the components of the Morgan Stanley Multi-Strategy Alternative Index (the "Benchmark") through a quantitative process that seeks to exceed the Benchmark's performance. It is non-diversified. View More
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