FYI, This week SPDR shares launched an active-managed ETF (symbol: TOTL) that is managed by none other than the new "Bond King" Jeff Gundlach of Doubleline Capital.
It's not a coincidence that the ticker symbol is TOTL, (Bill Gross' PIMCO "total return" fund).
Apparently Janus Group will soon lauch and actively-managed ETF sub-advised by Bill Gross himself. Jeff Gundlach in partnership with SPDR shares, beat them to the punch!
This ETF is a lower cost way of having your fixed incomes assets managed by Gundlach. The exp. ratio is 0.55 versus his higher fee of 0.73 with his open-end mutual fund, Doubleline Total Return Fund.
Jeffrey Gundlach Fans!
Started by
cycletimer
, Feb 27 2015 11:04 AM
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