After a couple of rough years, 2017 is looking a little better for liquid alternatives.
They would be investment successes, although perhaps not commercial hits.
Russ Kinnel's research shows that assets have declined in this category much more than in others after a surge post-bear market.
Though it has limitations, the star rating has, on balance, pointed investors toward funds they can succeed with.
Plus: The downside of lower oil prices, how to get your money back from Wells Fargo, and why central banks are buying gold.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
Investors should quit assuming choosing an active fund is easy (or just quit), writes Morningstar’s Jeff Ptak.
Investors have been voting with their feet for low-cost funds, bringing down average fees again in 2016.
Why this prominent fund’s struggles don’t doom the category.