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Invesco Global Listed Private Equity ETF (PSP)
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NBI Liquid Alternatives ETF (NALT)
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NBI Global Private Equity ETF (NGPE)
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Brompton Enhanced Multi-Asset Income ETF (BMAX)
Q: I have cash in my portfolio. I am looking for a multi asset ETF. Ideally, I would like a 1 ticket multi asset ETF that has a category / asset class of "alternatives". (ie private equity) Is this available on the TSX? Could suggest 2-3 multi asset ETFs. If these ETF do not include "alternatives", are there any ETF that specialize in "alternatives" ie private equities not tied into the market. I understand liquidity may be an issue for such an ETF. Thank you
5i Research Answer:
There is not much in Canadian choices. BMAX has a good mix of assets but no alternatives. NALT has an interesting mix of currencies and commodities. NGPE is large and liquid, and invests in alternative managers, but does not have other sectors represented. In the US, PSP and PEX are the main options. PSP is much larger, and invests directly in private companies. PEX invests in alternative asset managers and is too small currently to endorse.