MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 29, 2009 A Fixed Income Titan Prepares Its ETF Debut The first ETF from Pimco is almost here. Dow Jones' Ian Salisbury reports that the Southern California-based bond fund specialists will launch the Pimco 1-3 Year U.S. Treasury Index Fund next week. Pimco's ETF aspirations came to light last year (see MFWire, 7/29/2008 and 9/4/2008). According to the WSJ, the new, nine-basis-point Pimco offering competes directly with iShares Barclays 1-3 Year Treasury Bond ETF, which already boasts $7.1 billion and costs 15 bps. Printed from: MFWire.com/story.asp?s=21664 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |