November 19, 2011 at 07:00 AM EST
Yield Appeal: Pimco Launches Australian Bond ETF
The newly launched exchange traded fund that Australian bonds provides investors with exposure to one of the more fiscally sound developed economies that also offers high returns. PIMCO Australia Bond Index Fund (NYSEArca: AUD) was launched on Oct. 31. The fund tries to reflect the Bank of America...
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