Unfortunately, both critics and champions of alternative funds attempt to reduce complex financial transactions into simple language.
Before investing spare dollars for retirement in mutual stock and bond funds, or buying complex insurance products that are subject to market risk, those 25-year-olds should first focus on savings.
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Some investors use ETFs as a quick way of expressing their overall view on the market, while high-frequency traders use the funds as part of their complex arbitrage strategies.
Our lives are increasingly complex so having your funds in one place with your current employer where you can review your accounts on a daily basis if you like right from your company intranet, just makes it easier for you to stay on top of.
With fairly complex portfolios, large hedge funds were not entirely comfortable with a third party administrator, he added.
While the grave dancers seized on the memo as evidence that Corzine was not only aware, but complicit, in the improper use of customer funds, the reality may be more complex.
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Curiously, as the internet has enabled investors to access information regarding investments more rapidly than ever, opaque, complex products, such as hedge funds and structured notes, promising impressive returns that are virtually impossible to verify have proliferated.
Hedge funds may own thinly traded assets whose valuation can be complex and subjective, making valuation difficult.
Hedge funds may be forced to sell their most liquid holdings since more complex positions may be impossible to offload.
An overly narrow definition might settle on those funds that engage in highly leveraged trading strategies which utilises short selling or complex derivatives.
The tax code is mind-numbingly complex, as dedicated to manipulating individual behavior as to raising government funds.
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Instead they have become a means for hedge funds to speculate on the market throughout the trading day, allowing them to make complex bets on illiquid asset classes.
The investment banks and hedge funds that account for a big chunk of the day's trading volume use complex strategies that leap across national borders and asset types.
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"What the credit crisis exposed is that these vehicles are much more complex than people assumed, " says Steve Deutsch, who tracks the funds at investment-research firm Morningstar Inc.
Munari, says a civil complaint, directed the cash to American accounts starting in 1998 in a complex series of transactions crafted to conceal the source and ownership of the funds.
National funds are also attractive to donors, "because they have the expertise to deal with complex gifts that involve converting non-cash assets into tax-deductible gifts, " says Wright-Violich.
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