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All of the following statements about alternative investments are correct, EXCEPT: Alternative investments are assets that do not fall in the traditional asset classes of
All of the following statements about alternative investments are correct, EXCEPT:
Alternative investments are assets that do not fall in the traditional asset classes of publicly traded bonds, equities, and money market instruments. | ||
Alternative investments are purchased for their high correlation to equities and bonds. | ||
Alternative investments typically are actively managed, use leverage to enhance returns, have limited or no liquidity, and high fees. | ||
Alternative investments may provide tax benefits and a hedge against inflation. |
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