Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.65% -0.46% 183.90M 8602.03
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
1.09% 188.4% 78.90M Upgrade

Basic Info

Investment Strategy
The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying "alternative" investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Multistrategy
Category Index Morningstar Mod Con Tgt Risk TR USD
Global Category Name Multialternative
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Growth and Income
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
ICE BofA US 3M Trsy Bill TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Chandrakanth Seethamraju 4.29 yrs
Sundaram Chettiappan 4.29 yrs
Vaneet Chadha 4.29 yrs
Christopher Floyd 0.50 yrs

Performance Versus Category

 
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View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 25, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
-15.18%
11.44%
0.32%
3.14%
9.19%
23.97%
-9.41%
26.60%
16.25%
18.54%
-18.36%
22.20%
4.45%
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3.58%
2.22%
6.17%
-3.32%
8.68%
5.72%
-0.16%
-8.69%
10.07%
1.43%
--
--
--
0.42%
2.80%
-2.77%
13.77%
1.21%
--
4.64%
5.89%
4.05%
9.90%
2.51%
-11.92%
--
As of April 25, 2024.

Asset Allocation

As of April 16, 2024.
Type % Net % Long % Short
Cash 41.21% Upgrade Upgrade
Stock 52.91% Upgrade Upgrade
Bond 1.80% Upgrade Upgrade
Convertible -0.00% Upgrade Upgrade
Preferred -0.01% Upgrade Upgrade
Other 4.09% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks absolute return. The fund seeks to achieve its investment goal by allocating its assets across two underlying "alternative" investment strategies, which represent top-down and bottom-up approaches to capturing factor-based risk premia. Through the two strategies, it may invest in or obtain exposure to: (i) equity securities (which may include common stocks and preferred stocks), (ii) debt securities (which may include bonds, notes, debentures, banker's acceptances and commercial paper), (iii) commodity-linked derivative instruments and (iv) currency-related derivative instruments.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Multistrategy
Category Index Morningstar Mod Con Tgt Risk TR USD
Global Category Name Multialternative
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective Growth and Income
Fund Owner Firm Name Franklin Templeton Investments
Prospectus Benchmark Index
ICE BofA US 3M Trsy Bill TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Chandrakanth Seethamraju 4.29 yrs
Sundaram Chettiappan 4.29 yrs
Vaneet Chadha 4.29 yrs
Christopher Floyd 0.50 yrs

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