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What is a Alternative Investment Fund?  

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What is a Alternative Investment Fund? Answered below

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An alternative investment is a financial asset that does not fall into one of the conventional investment categories, such as stocks, bonds, and cash.

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Category II: These funds are allowed to invest anywhere in any combination, but cannot take debts, except for day-to-day operation purposes. These include private equity funds and debt fundsCategory III: Funds that make short-term investments and then sell, like hedge funds

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