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CFDD Launches Liquid Alternatives Resource Site
The page provides fund information, education, due diligence and research on liquid alternative investments for defined contribution (DC) plans. The CFDD anticipates the free resource will assist in the appropriate use of these investments as a plan level option or as a diversifier in a custom asset-allocation solution. According to the CFDD, the resource is the only centralized product depository and resource of its kind currently available.
The page provides advisers with an overview of each fund, and identifies the most competitive share class with low or minimum requirements for retirement plans as well as the applicable revenue sharing. Additional resources, such as a featured “Liquid Alt Fund of the Month” and application (app), will become available as product listings are added, and the CFDD has announced that a dedicated institutional Web page will follow this one.
Select vendors may list their products, services and research on the site at no cost; all product listings link back to the vendor’s website.
The resource is here.