FYI: Mutual funds and ETFs in Morningstar’s multialternative category generally suffered losses in November, with the average fund losing 0.20% for the month. Year-to-date through November 30, the category averaged returns of -1.24%, but over the longer-term, multialternative funds have generated three-year returns of +2.95% with a Sharpe ratio of 0.58.
Regards,
Ted
http://dailyalts.com/multialternative-funds-best-and-worst-of-november/