Wilmington Trust announced the debut of a new mutual fund geared for individuals interested in alternative investments that they otherwise would not have been able to access. The minimum investment is $1,000.

The new fund gives individuals “diversified alternative types of investments” once available only through limited partnerships, Sam Fraundorf, president of Wilmington Trust Investment Advisors, said in an interview. The lower breakpoint makes the investment solutions it provides “available to a much wider percentage of clients,” he said.

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