Thanks to Ben Bernanke’s $600 billion foray into the U.S. Treasury markets in the hotly debated QE2, many investors have begun to worry that a severe bout of inflation is right around the corner. Renewed anxiety has pushed Treasury Inflation Protected Bonds, or TIPS, to a negative yield in recent auctions, underscoring just how robust the demand is for these “real return” securities. Many investors have embraced ETFs as an efficient means of accessing inflation-protected fixed income securities, as evidenced by the huge cash flows into TIPS funds. [click to continue…]
When governments around the world began implementing massive stimulus plans to lift the global economy from a deep recession, opinions were sharply divided. While it seems that these plans have been successful in the short run–as evidenced by the remarkable rally over the last 13 months–some investors have become increasingly concerned about the long-term impact [...]
PIMCO, the Newport Beach, California-based bond fund giant, launched its latest exchange-traded fund on Wednesday, the Intermediate Municipal Bond Strategy Fund. The new ETF, which comes with an expense ratio of 35 basis points, will trade under the ticker MUNI, which was somehow still available. The ETF will be managed by John Cummings, the company’s [...]
Newport Beach, California-based PIMCO, one of the largest bond fund companies in the world, has made two additions to its small but growing line of fixed income exchange-traded funds. The PIMCO 3-7 Year U.S. Treasury Index Fund (FIVZ) completes the lineup of products covering key rate segments of the Treasury market, fitting between PIMCO’s 1-3 [...]
by Andy H on September 30, 2009
September was one of the most active months in the ETF industry in recent memory. We saw a wave of new fund launches from industry leaders and smaller players alike, along with perhaps the first of many commodity fund closures. September saw the introduction of another actively-managed ETF, proposals on several more innovative funds, and [...]
Pimco, the Newport Beach, California-based bond fund giant, is quickly expanding its presence in the ETF arena. Three months ago, Pimco was watching from the sidelines as iShares continued to show its dominance in the fixed income ETF space. With the launch of three additional ETFs this month, Pimco’s product line now consists of five [...]
