“Mr. Gross’s new actively managed exchange-traded fund, the Pimco Total Return ETF, returned 2.52% from its Feb. 29 launch through April 12, according to investment-research firm Morningstar MORN +0.13% .
Not only did that beat its benchmark, the Barclays Capital Aggregate Bond Index, by 2.48 percentage points—it also trounced the mutual fund whose strategy it is supposed to track. The Pimco Total Return fund, the world’s largest bond fund, with $252 billion in assets, returned just 0.74% during the period.”
This is just an example, of course. In my opinion, once you consider trading costs, ETFs are a good choice for most people who want to invest in certain sectors, strategies, or alternative assets. Sure, you might do better on your own, but you probably won’t.
Yahoo Finance page for BOND (what? I can’t believe no one used that ticker before).