Wells Fargo Funds Management, LLC, the investment advisor to Wells Fargo Advantage Funds, has rolled out a fund that will invest in a wide range of alternative investments.

The Wells Fargo Advantage Absolute Return Fund (WARAX) will make a broad array of bets, including investments in Treasury Inflation-Protected Securities, emerging debt, currencies, options, spread trades, and natural resources. The fund can also invest in commodities, real estate, and long/short strategies.

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