SEI DBi Multi-Strategy Alternative ETF (QALT)

The SEI DBi Multi-Strategy Alternative ETF is an actively managed alternative investment fund from SEI Investments, with strategy design provided by Dynamic Beta investments (DBi), a firm known for hedge fund replication.

The fund seeks to replicate the aggregate pre-fee performance of a broad set of hedge fund strategies, such as long/short equity, global macro, managed futures and event-driven approaches. Rather than investing in hedge funds directly, it uses a quantitative model to estimate the market exposures those funds hold and recreates them mainly with liquid futures contracts on equities, bonds, currencies and commodities.

Listed on the Nasdaq under the ticker QALT, the fund offers diversified hedge fund-style exposure in a transparent and liquid ETF format.