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Financial encyclopediaReviewed 2026-10-23

Alternative Mutual Fund (Alt Fund)

Alternative mutual funds (sometimes called alt funds or liquid alts) are publicly offered, SEC-registered mutual funds that hold non-traditional investments or use complex investment and trading strategies.  Investors considering alt funds should be aware of their unique characteristics and risks. For more information, please read our Investor Bulletin:  Alternative Mutual Funds .

Sources and references ↗
PROFILE / FACT FILE

Concept at a glance

Term
Alternative Mutual Fund (Alt Fund) [1]
Subject area
Investor.gov glossary [1]
Jurisdiction / scope
US regulatory and investor-education context [1]
Primary reference
SEC · Investor.gov [1]

Definition and explanation

Alternative mutual funds (sometimes called alt funds or liquid alts) are publicly offered, SEC-registered mutual funds that hold non-traditional investments or use complex investment and trading strategies.  Investors considering alt funds should be aware of their unique characteristics and risks. For more information, please read our Investor Bulletin:  Alternative Mutual Funds . [1]

Source-supported connections

Alternative Mutual Fund (Alt Fund) → Mentioned in the official explanation → Mutual Funds [1]

Frequently asked questions

What does Alternative Mutual Fund (Alt Fund) mean in the cited reference?

Alternative mutual funds (sometimes called alt funds or liquid alts) are publicly offered, SEC-registered mutual funds that hold non-traditional investments or use complex investment and trading strategies.  Investors considering alt funds should be aware of their unique characteristics and risks. For more information, please read our Investor Bulletin:  Alternative Mutual Funds . [1]

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. US SEC · Investor.gov — Alternative Mutual Fund (Alt Fund) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.