Investors of all types are currently faced with an environment that is marked by relatively expensive assets and low return expectations. This is particularly true for Defined Contribution participants where plan lineups are often dominated by traditional fixed income and equity exposures. One potential solution to this issue is to consider adding a diversified multi-asset strategy to a plan’s lineup. In short, these strategies target positive real returns (typically, 3-5% over inflation) with modest levels of expected risk (typically, less than half that of public equities). The balance of this paper will review the characteristics of these strategies, provide a comparison to more traditional real asset strategies and outline some of the considerations plan sponsors should understand.