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Classification Groups in Alternatives

Listed below are the Classification Groups in the Alternatives Asset Type. For more detail on the Morningstar Category Groups please click here.

Classification Group Morningstar Categories

Capital Protected

Funds that protect some or all of the original capital investment. However, this protect comes at a cost of lower returns

Capital Protected
Guaranteed Funds

Hedge Fund

Funds that give a very talented manager lots of freedom to invest how they see fit in the hope that they deliver either steady positive returns or much better overall returns than conventional funds. In practice, some succeed and some don't. One thing's for sure, it's rare to find hedge funds that always deliver positive returns during turbulent markets - that remains a pipedream for most

Alt - Debt Arbitrage
Alt - Fund of Funds - Multistrategy
Alt - Global Macro
Alt - Long/Short Debt
Alt - Long/Short Equity - Europe
Alt - Long/Short Equity - UK
Alt - Market Neutral - Equity
Alt - Multistrategy
Alt - Long/Short Equity - Global
Alt - Systematic Futures
Alt - Currency
Alt - Long/Short Equity - Emerging Markets