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May 11, 2015

Stocks, bonds or ‘other': Alternative funds are growing, but are they right for you?

  • Some investors are adding an “other” category in their search for possibly safer or better returns.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — For most of us, investments fall into two simple categories: stocks or bonds.

    Some investors are adding an “other” category in their search for possibly safer or better returns. They're pouring into what the industry calls alternative funds, which are generally bringing hedge-fund-like strategies to the masses. It's still a niche corner of the market, but nearly $13 billion flowed into alternative funds over the last year, according to Morningstar.


     
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