LALT vs. MAMB ETF Comparison

Comparison of First Trust Multi-Strategy Alternative ETF (LALT) to Monarch Ambassador Income ETF (MAMB)

LALT

First Trust Multi-Strategy Alternative ETF

LALT Description

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.

Grade (RS Rating)

Last Trade

$21.25

Average Daily Volume

3,958

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

MAMB

Monarch Ambassador Income ETF

MAMB Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Ambassador Income Index. The fund generally invests at least 80% of its total assets in the constituents of the index. The index is designed to measure the performance of an investable universe of fixed income securities of varying credit quality and duration, including corporate bonds, lower-quality bonds, known as "high yield" or "junk" bonds, treasury bonds, municipal bonds, mortgage backed securities and convertible bonds, that provide broad exposure to the U.S. and global bond market.

Grade (RS Rating)

Last Trade

$22.57

Average Daily Volume

23,931

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	LALT	MAMB
30 Days	1.29%	-0.83%
60 Days	1.65%	-3.71%
90 Days	1.60%	-2.46%
12 Months	7.78%	5.79%

2 Overlapping Holdings

	Symbol	Grade	Weight in LALT	Weight in MAMB	Overlap
	IAU	C	7.75%	11.81%	7.75%
	IEF	F	4.73%	19.99%	4.73%

LALT Overweight 6 Positions Relative to MAMB

	Symbol	Grade	Weight
	FTLS	A	22.09%
	FMF	C	21.75%
	FAAR	D	21.36%
	UCON	D	12.24%
	FTHI	A	5.1%
	MARB	F	4.94%

LALT Underweight 3 Positions Relative to MAMB

	Symbol	Grade	Weight
	BAB	C	-12.59%
	MBB	C	-12.56%
	SHY	D	-5.04%

LALT: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Absolute Return American Depositary Receipt Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Bullion Commercial Mortgage Backed Security Commodity Markets Commodity Pool Covered Call Depositary Receipt Exchange Government Bonds Index Fund Inverse ETF Investment Company Act

MAMB: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Government Bonds U.S. Government U.S. Treasury Build America Bonds Bullion Commodity Pool Fannie Mae Federal Home Loan Mortgage Corporation Federal National Mortgage Association Freddie Mac Government National Mortgage Association Investment Company Act Ishares Mortgage Backed Security Mortgage Loan