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].”