Grosss Pimco Total Return ETF Draws SEC Scrutiny: WSJ

The transcript discusses the impressive performance of PIMCO's ETF since its launch in 2012, outperforming various asset classes. It explores potential reasons for this success, including NAV calculation methods and Bill Gross's management skills. The discussion also touches on the broader market trend of shifting from active to passive management and the impact on ETF growth.

What was notable about PIMCO's ETF performance in its initial year?

• It had a negative return.

• It outperformed all asset classes, including its mutual fund counterpart.

• It matched the performance of emerging markets.

• It underperformed the S&P 500.

What is one potential reason for the ETF's strong performance?

• A decline in the stock market.

• A rise in interest rates.

• A decrease in the overall bond market.

• Bill Gross's ability to secure good deals on bonds.

How did Bill Gross's mutual fund perform compared to the ETF?

• The mutual fund outperformed the ETF.

• The mutual fund had a similar performance to the ETF.

• The mutual fund underperformed the ETF.

• The mutual fund had a negative return.

What has been a significant trend in the investment market in recent years?

• A shift from active to passive management.

• An increase in mutual fund investments.

• A shift from passive to active management.

• A decline in ETF popularity.

What percentage of all fixed income ETF assets does Bill Gross's fund represent?

• 10%

• 25%

• 5%

• 1%