New funds have been springing up in Australia and the United States, with many hoping to create a new kind of high-return investing.
What is a high return?
What is the role of a fund?
What can it buy?
We have answers to all these questions.
But what do they buy?
The answers to those questions are as complex as the fund itself.
Here we explore the different types of high returns, their value and how they can be bought.
The value of high quality assets and low risk assets