A New Treasury Bond ETF

But wait, there's more...

On the heels of Calymore Advisors new actively managed ETFs, bond mutual fund king, Pacific Investment Company will launch a new ETF next week. The new Pimco 1-3 Year United States Treasury Index Fund ETF will offer an expense ration of .09% compared to .15% charged by it's main competition, the iShares 1-3 Treasury Bond ETF (SHY).

PIMCO doesn't plan on stopping there, either. They are looking to launch more actively managed bond ETFs in the near future. I find it interesting that a mutual fund giant such as PIMCO is aggressively entering the ETF market. I think that's a strong indicator that more and more investors are seeing the advantages of ETFs over Mutual Funds.

Enjoy your weekend.