header bg

Scan QR code or get instant email to install app

Question:

An investor can gain exposure to alternative investments by purchasing:

A a mortgage-backed security.
explanation

By investing in a mortgage-backed security, an investor gains exposure to real estate, a category of alternative investments. Emerging markets are not classified as alternative investments. Neither convertible bonds nor high-yield bonds in general are classified as alternative investments, although some hedge funds (a class of alternative investments) invest in these assets.