Name of ETF: PowerShares Multi-Strategy Alternative Portfolio
Benchmark Index: Actively managed ETF that attempts to exceed the returns of the Morgan Stanley Multi-Strategy Alternative Index
Ticker Symbol: LALT
Examples of the Types of Investing Instruments in this ETF:
- Equity Securities
- Financial futures contracts
- Forward currency contracts
Strategy: The ETF provider employs a quantitative process in the selection and the weight of the holdings.