Short answer：“Alternative” does not mean low risk or guaranteed diversification. Examine underlying assets, leverage, exit restrictions and shared exposures with existing property holdings.
Look through the label
A product invested in property, dependent on the same economy or using significant borrowing may increase existing exposures. Read formal documents for income sources, valuation, fees, custody and conflicts.
Check exit arrangements
List lock-ups, redemption notice periods, suspension powers and early-exit costs. Match these to household cash needs. A marketing claim of low correlation does not guarantee protection in every downturn.
Before deciding
- Verify eligibility and regulatory status
- Check valuation frequency
- Keep emergency money outside illiquid commitments
Sources and method
Sources support the specific rules described. Checklists and hypothetical calculations are editorial explanations, not measured market results or individual approvals.
Revision：Removed unsupported experience, case outcomes and statistics; corrected the topic-specific rules and limitations described above.
Scope：General information only, not personalised legal, tax, immigration, admissions or investment advice.