... happen in the mutual fund industry? Although PIMCO can't create an additional ETF share class of its existing mutual funds (Vanguard owns the patent), it's established the almost perfect template or model for not just itself, but other mutual fund ...
http://www.foxbusiness.com/markets/2013/04/09/pimco-total-return-fund-vs-bond/
http://www.foxbusiness.com/markets/2013/04/09/pimco-total-return-fund-vs-bond/
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