Can someone help me understand what I am missing about IALT? No one is talking about it, but it seems to have an amazing risk profile.
I know it's only 6 months old, but even so. Look at this:
* 12% returns
* <2℅ max drawdown
* 3.14 Sharpe
* 6.13 Sortino
It was completely unfazed by the recent war volatility.
I found it while looking for hedging alternatives, but this sucker is straight up providing equity like returns with a short term bond risk profile.
What's the catch? The obvious issue is the black box nature of their strategy, and it has a high fee (though not really for alts). But it's not some little podunk doing this, it's Blackrock.