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PIMCO Plans Total Return ETF
PIMCO is planning to unveil an exchange-traded version of its Total Return mutual fund.
PIMCO is planning to unveil an exchange-traded version of its Total Returnmutual fund,金融时报》reports. ThePimco Total Return Exchange-Traded Fundwill be listed on the New York Stock Exchange’s electronic trading platform, Arca, addsIndex Universe.
The fund will have an annual expense ratio of 0.55%. The vehicle will not invest in options contracts, futures contracts or swap agreements.
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