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A Happy Birthday for Bill Gross's ETF.
- Source :
-
Kiplinger Personal Finance . May2013, Vol. 67 Issue 5, p44-44. 1p. 1 Chart. - Publication Year :
- 2013
-
Abstract
- The article discusses the Pimco Total Return Exchange-Traded Fund. Between February 2012 and March 7, 2013 the fund has posted a return of 12.2%. Even though the fund will become eligible to use derivatives soon, fund manager Bill Gross says he will not employ them much. He further observes that the low interest rates he expects for the next six to 12 months could result in an annual return for the fund of about 3.5%.
- Subjects :
- *EXCHANGE traded funds
*MUTUAL funds
*DERIVATIVE securities
*INTEREST rates
Subjects
Details
- Language :
- English
- ISSN :
- 15289729
- Volume :
- 67
- Issue :
- 5
- Database :
- Academic Search Index
- Journal :
- Kiplinger Personal Finance
- Publication Type :
- Periodical
- Accession number :
- 86727989