All non-traded alternative investments are required to offer a liquidity event within a certain number of years after the offering period closes. These alternative investments can choose to list (on an exchange), merge to another traded investment, or possibly liquidate their shares.

Account holders generally gain more flexibility and liquidity with their investment when the alternative product becomes publicly traded.

• Retain your alternative investment and benefit from the additional liquidity.
  The investment stays in your First Trust Retirement account, and you continue to collect any distributions that are paid out. No action is necessary on your part.
• Move assets to another alternative investment and remain with First Trust Retirement.
  Select the listing product from the list on this page, and proceed through the instructions on the ensuing page accordingly.
• Instruct First Trust Retirement to complete a sale order of the alternative investment. First Trust Retirement will place the cash proceeds in your IRA account.
  These proceeds can remain in your IRA account until you are ready to invest them in other First Trust Retirement offerings. Select the listing product from the list on this page, and proceed through the instructions on the ensuing page accordingly.
• Transfer your alternative investment to an account held with a broker dealer or another custodian.
  First Trust Retirement always encourages you to consult your financial advisor. Select the listing product from the list on this page, and proceed through the instructions on the ensuing page accordingly. There may be fees associated with this option.

• First Trust Retirement can service the current account.
• First Trust Retirement has 17 other alternative investment sponsors offering options for your IRA.
• First Trust Retirement can facilitate the sale of the listed alternative investment.
• First Trust Retirement can do all of these things at one of the lowest costs in the industry.

You may call, fax or mail a sale request on your own, if you so choose. If you want the sale proceeds sent to a different account other than the First Trust Retirement IRA account, you will need to submit a completed transfer form from the new financial institution with the sale instructions.

While there may be some advantages to moving shares to a brokerage house, the low cost approach that First Trust Retirement offers far outweighs these advantages. Brokerage houses often have high transaction fees, which may negate any trading advantages. See the chart below for a comparison of fees.

		Other IRA Custodians
Annual Fee	$45	$50.00+
Setup Fee	$0	$25.00+
Transaction Fee	$0	$3.00
Statement Fee	$0	$5.00
Purchases, Sales Corporate Actions*	$20	$5.00
Cash Disbursements by Check	$0	$5.00
Re-Registration Charges Per Investment	$0	$30.00
Closing Fees	$0	$125.00

*In a listing event, a fee may be taken on sales to cover the cost of selling shares on the market.

Yes, First Trust Retirement can help facilitate a transfer from this investment to another alternative investment that offers our custodial services, with little to no intervention by the broker dealer.

Please call us directly at 855-387-3847 or utilize our contact form.