How can clients gain exposure to higher-yielding assets, like private credit or real estate, with a lower ticket size?

High-yielding alternative assets—private credit, real estate and infrastructure—often require large commitments that exclude smaller investors. Fractionalization allows these exposures to be split into smaller units. ETNs and tokenized funds achieve this by issuing notes or digital tokens representing a share of the underlying pool. These structures allow investors to buy smaller amounts, benefit from periodic liquidity and receive transparent distributions. Advisors can therefore build diversified allocations to private credit or real estate using tickets sized appropriately for each client.