2 July Alternative Investments Welcome to your Alternative Investments What is a benefit of investing in a Real Estate Investment Trust (REIT)? High liquidity Low fees Diversification Guaranteed returns None What is a disadvantage of Exchange Traded Funds (ETFs)? Limited liquidity Lack of transparency Inability to target specific portfolios High management fees None Which type of annuity typically offers the potential for higher returns, but also higher risk? Fixed annuity Variable annuity Immediate annuity Deferred annuity None What is a disadvantage of investing in Limited Partnerships? Limited liability for partners Tax benefits for partners Limited liquidity No distribution of profits and losses None Time's up