ELI5: Explain Like I'm 5

Chartered Alternative Investment Analyst

Okay kiddo, so have you heard of investing money before? It's when people put their money into different things like businesses or stocks in the hopes of making more money in the future.

Well, a chartered alternative investment analyst (CAIA) is someone who knows a lot about investing in unusual or different things, instead of just investing in normal stocks and bonds. These unusual things are called alternative investments.

CAIAs study and learn about hedge funds, real estate, commodities, private equity, and other kinds of investments that aren't as well known as stocks and bonds.

By learning about different types of investments, a CAIA can help people make smart investment decisions based on what they think will be the best long-term choice for their money.

So think of a CAIA like a really smart investment expert, who knows about all sorts of different ways to make money grow.