Investments whose risks and returns are generally not correlated with more traditional investments (i.e., equities, fixed income and cash) which can include managed futures, hedge funds, private equities, income producing real estate, precious metals and structured products. Alternative investments should be carefully considered based on an investor抯 investment objectives, risk tolerance and net worth (for some alternative investments, net worth of $5 million or more is required). Alternative investments are often long-term, illiquid investments that are not easily valued.