MutualFundWire.com: Bill Gross Has $1B New Reasons to Smile
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, May 23, 2012

Bill Gross Has $1B New Reasons to Smile


Bill Gross' Pimco Total Return ETF [profile] has hit a big milestone. The fund has officially surpassed $1 billion in assets.

The news was covered by Barron's and IndexUniverse, and is based on XTF.com data. IndexUniverse added a some information to put the milestone in perspective, while the Pimco Total Return ETF has set a quick pace for asset gathering, it's by no means a record. The pub cites the SPDR Gold Shares ETF [profile], launched in November 2004, which hit the $1 billion mark three days after launch.


Printed from: MFWire.com/story.asp?s=40097

Copyright 2012, InvestmentWires, Inc.
All Rights Reserved
Back to Top