Implementing Alts

Alternative investment strategies may not be suitable for all investors and are not intended to be a complete investment program. Alternatives may be relatively illiquid; it may be difficult to determine the current market value of the asset; and there may be limited historical risk and return data. Costs of purchase and sale may be relatively high. A high degree of investment analysis may be required before investing. Eligibility requirements for qualified purchasers and accredited investors (both individuals and organizations) of sophisticated investment vehicles entail specific criteria including net worth and income, among other variables.