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Pimco Is Already Laying The Groundwork For A Number Of New Actively Managed ETFs

April 2nd, 2012

According to CNNMoney, “Bill Gross, who manages the Total Return ETF (NYSEArca:TRXT) as well as the flagship $250 billion mutual fund (PTTRX) that it seeks to mimic, said he’s been pleased with the performance of the  ETF and that Pimco is already laying the groundwork for “a number of” other actively managed ETFs.

“We’re not going to rest on this one,” he told CNNMoney, during an interview in Pimco’s Newport Beach, Calif., headquarters.

See the full CNNMoney Article: HERE

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