Bloomfield, Mich.-based Flexible Plan Investments has launched The Gold Bullion Strategy Fund (QGLDX), which the firm is touting as the industry’s first gold bullion fund offered to retail investors through a mutual fund product.

The fund will bet on gold bullion exchange-traded funds and derivatives as well as investment-grade corporate notes and bonds. Flexible Plan and Advisors Preferred serve as sub-advisor and advisor to the fund, respectively. George Yang, director of research at Flexible Plan, is the fund's portfolio manager together with Jerry Wagner, president of Flexible Plan.

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