# EDGAR Filing Document

**Accession Number:** 0001681717
**File Stem:** 0001104659-23-022344
**Filing Date:** 2023-2
**Character Count:** 1641
**Document Hash:** 0c60d7255310a9af83e86e6cc2812d2a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-022344.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001104659-23-022344

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST ALTERNATIVE OPPORTUNITIES FUND
- **CENTRAL INDEX KEY:** 0001681717
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-213003
- **FILM NUMBER:** 23634983

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53201
- **BUSINESS PHONE:** 414-299-2200

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Relative Value Fund
- **DATE OF NAME CHANGE:** 20160805

Filed pursuant to Rule 424(b)(3)

Registration Statement No. 333-213003

**First Trust Alternative Opportunities Fund**

**Supplement dated February 15, 2023 to the**

**Prospectus and Statement of Additional Information ("SAI") dated August 1, 2022**

Effective February 15, 2023, Jeff O'Brien will step down from his position as portfolio manager of the First Trust Alternative Opportunities Fund. Accordingly, effective February 15, 2023, all references to Jeff O'Brien in the Prospectus and SAI are hereby deleted.

***Please retain this Supplement with for future reference.***