Originally Posted by nico08
Hi. I read an article recently about using a hedge/alternative mutual fund as a partial substitute for bond portion of my asset allocation.
You'll be swapping out one asset class for another with a likely very different risk profile.
I'd suggest you check out bogleheads.org
Long story short, answer this question first: how will you choose a good manager where you'll be sure he or she will be worth more than his expenses?
Hedge fund are notorious for incomplete reporting, survivorship biases and high fees. Caveat Emptor