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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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