J.P. Morgan Asset Management has filed paperwork with the Securities and Exchange Commission to launch the JP Morgan Commodities Strategy Fund.
The fund will bet on commodity-linked derivative instruments, including commodity-linked notes, swap agreements, commodity options, futures and options on futures. The portfolio management team consists of Robert Michele, Peter E. Kocubinski and Christopher M. Tufts.
The fund sports a management fee of 85 basis points.
A J.P. Morgan spokesperson declined to comment beyond the filing because it is in registration.