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.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access