These funds can be great tools, if you know how they work.
An equity-linked ETF, versus products that hold futures contracts, will give investors more bang for their buck in a rising oil-price environment, say Morningstar's Scott Burns and Abraham Bailin.
TIPS, real estate, and commodities are great inflation-hedging, liquid investments, says Morningstar's David Blanchett, who details the importance of exposure to these assets.
As more investors flock to the hottest alternative asset class, the more its alpha will shrink toward negative territory as expenses overwhelm the returns, warns financial specialist Bill Bernstein.
©2012 Morningstar Advisor. All right reserved.