The launch of PIMCO’s new fund Total Return ETF (NYSEArca:TRXT) may prompt advisors and individual investors toreset their point of view about active ETFs over the next couple of years, says Morningstar’s Paul Justice.
Jason Stipp
This isn’t the first active ETF that has launched, but it is one of the biggest marquee names of an active ETF that has launched.
Paul Justice
…if you’re a retail investor … or an advisor who is using maybe the Harbor Bond products that are paying substantially more than the 55 basis point fee, or you’re one of the other investors that didn’t have access to the product before through your direct channel, this is a good option for you.
See the full Morningstar segment below:
