How new and fast-proliferating mutual funds and ETFs can put a backbone in your portfolio
Until recently, only the very wealthiest individual investors have been able to access the alternative strategies that major institutions rely upon to help them reduce portfolio risks and meet investment targets. But now all that is changing, thanks to liquid alternatives.
The term, “liquid alternatives,” refers to a new breed of mutual funds and ETFs that combine the sophisticated, goal-driven strategies of the hedge fund world with the daily liquidity, regulatory oversight, and accessibility of mutual funds. The rise of these hybrid investment vehicles rewrites the playbook for investors who want portfolio tools that are more robust than standard-issue stocks and bonds, but who can’t meet the net worth tests or afford the high minimums required to invest in hedge funds (the vehicle in which alternatives have traditionally been packaged). Written by a seasoned expert in alternatives research and product development, Winning with Liquid Alternatives gives investors tools to understand, evaluate, and use these new investment vehicles. In a clear, straightforward style, this action-oriented guide provides: