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Rating:Pimco Shines Through Email Routing List Email & Route  Print Print
Friday, May 24, 2013

Pimco Shines Through "A Mirror Image, But Better"

News summary by MFWire's editors

"A mirror image, but better." That's how Aaron Levitt of InvestorPlace described Bill Gross' 15-month-old Pimco Total Return ETF [profile].

The publication offered lots of praise to the successful active ETF version of Gross' gigantic flagship mutual fund while highlighting three more planned mirror ETFs, which Pimco received approval for last month: the Pimco Diversified Income ETF, the Pimco Real Return ETF and the Pimco Low Duration ETF.

Though none of those planned ETFs' namesake funds is as big as Total Return, they're each multi-billion-dollar mutual funds in their own right. InvestorPlace has high hopes for the new trio. 

Edited by: Neil Anderson, Managing Editor

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