Hedge funds are no longer the exclusive domain of professional and high net worth investors.
A recent Business Week article discusses the emergence of exchange traded funds (ETFs) that are designed to track alternative investment indices.
A start-up investment management company called IndexIQ has launched five of these types of funds over the past eighteen months.
This could be a great and relatively inexpensive way for retail investors to extend their asset allocations beyond traditional stock and bond portfolios.
Source: Business Week
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