Parametric Portfolio Associates has unveiled a non-diversified open-end mutual fund. The Parametric Structured Commodity Strategy Fund will invest in commodities-linked derivative instruments backed by a portfolio of fixed-income securities.

The fund will be co-managed by Parametric’s CEO David Stein and managing director Thomas Seto. The vehicle is aimed at the institutional, family office and registered investment advisor market.

Click here for the release from PR Newswire.