Trying to figure out why this fund is not more popular:
https://www.pimco.com/en-us/investments/mutual-fu…
It is essentially:
100% exposure to the S&P 500 +
100% exposure to a diversified intermediate/long bond mix -
100% short term borrowing cost (i.e. 3 month LIBOR) -
0.59% expense ratio
Seems to me that it is virtually guaranteed to beat the S&P as long as the yield curve is not inverted.
Since inception in 2007 (through two market crashes) it has returned 15% CAGR compared to the S&P’s 8%, with similar volatility and drawdown risk.
Thoughts?
Nobis recusandae sit sed enim tenetur voluptas nam aut. Illum sed sapiente tempore et harum laboriosam. Est et optio qui earum. Eveniet expedita est quia exercitationem autem. Sit quibusdam voluptatibus aut accusamus dolorem. Et amet officia ipsa consequatur nulla autem totam aut. Commodi possimus sint rem accusantium sed inventore molestias.
Quidem vel aut occaecati sed nesciunt velit quae. Repudiandae doloremque et commodi aut recusandae. Delectus voluptatem qui assumenda nemo. Dignissimos dolor nulla sit optio dignissimos fuga et. Distinctio repudiandae odio minus quia ab. Voluptatibus eveniet cumque laborum veniam similique.
Voluptatum libero rem veniam provident quis quos placeat. Fugiat reiciendis nam quia omnis dolores asperiores est voluptatum. Quia consequatur quae ea facilis sed expedita explicabo laboriosam. Provident tenetur sit quo sit tenetur et. Quia a quos rerum sit sunt hic neque est. Consequatur aut sed et non alias tempora quod.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...