Nationwide Funds Group has launched the Nationwide Alternatives Allocation Fund, a passively managed mutual fund that will invest in seven alternative asset classes: global real estate, emerging market debt, emerging market stocks, commodities, TIPS, international bonds and high-yield bonds.

“Investors are increasingly looking for new, lower-cost ways to decrease volatility in their portfolios,” said Michael Spangler, president of the investment management group at Nationwide Financial. “The Nationwide Alternatives Allocation Fund offers a professionally managed, packaged solution for gaining exposure to a variety of non-traditional asset classes and markets that are proven to help improve the risk-return profile of a traditional investment portfolio.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.