"Their universe is basically a 40% Treasurys universe yielding 90 bps," says Bill Gross, puzzled...
"Their universe is basically a 40% Treasurys universe yielding 90 bps," says Bill Gross, puzzled over why anyone would invest in AGG or BND instead of his Total Return Fund (BOND), which is not subject to such constraints. "Are these people crazy," he asks, noting $30B invested in the two competitors. "Just bring (your clients) over," he tells a group of wealth managers. "You'll be helping them out."
From other sites
at CNBC.com (Oct 18, 2013)
at CNBC.com (Jun 28, 2013)
at CNBC.com (Jun 14, 2013)
at CNBC.com (Jun 13, 2013)
at CNBC.com (May 23, 2012)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs