请问alternative investment的定义是什么？

问题如下：

A pension fund has decided to invest in alternative investments. Which of the following assets is the fund most likely to include in this strategy?

选项：

A.Securitized debt B.Convertible bonds C.Equity exchange-traded funds

解释：

Solution

1. Correct. Securitized debt is an alternative investment, so it could be included in this strategy.

2. Incorrect. Convertible bonds are traditional, not alternative, investments.

3. Incorrect. Equity exchange-traded funds are traditional not alternative investments.

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