Casey Smith was recently interviewed by Cathy Scott of Fund Industry Intelligence Magazine about the pending launch of PIMCO’s ETF version of their Total Return Bond Fund. Casey said “though [I am] interested in gaining exposure to the strategy, [I am] not rushing in to buy the ETF. I will watch from the sidelines for the first 12 months. Despite Bill Gross’ long-term track record this is not going to be the same portfolio [as Mr. Gross’ mutual fund].”
Investors lose as much as $17 billion annually in retirement dollars, or “at least” 5% to 10% of their retirement... http://t.co/yI67S17fgx
- Thursday Feb 26 - 1:00am
Our offices will be CLOSED Wednesday the 25th due to the incoming weather. Stay safe everyone!
- Wednesday Feb 25 - 2:35am