Having made changes to the fund’s investment capacity, the $6.6 billion Eaton Vance Macro Absolute Return Fund is reopened to additional investments.
Eaton Vance said the fund, launched in 1997, is one of the industry’s longest-running absolute return strategies. The fund takes both long and short positions in foreign markets through sovereign assets classes such as currencies and credit markets, using macroeconomic and political analysis.
Eaton Vance Distributors markets the fund.
-- This article first appeared on Money Management Executive.