Taking Stock: PIMCO Does It Again! Now It’s A Global TIPS ETF

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The California-based Pacific Investment Management Company, the world’s biggest manager of bond mutual funds, has done it again. Barely two months after the launch of its first exchange traded fund (the Total Return ETF BOND) the fixed-income fund goliath has just launched its second offering. This time PIMCO will help investors protect their investments against inflation through its Global Advantage …