MINT aims to provide a higher return in terms of income and total return than ordinary money market mutual funds, and achieves these goals by investing in short duration investment grade debt.
MINT’s success has obviously impressed the industry, as we recently learned that Federated Investors, a large institutional manager of mutual funds, is preparing to launch their first ETF which will be structured as an alternative to money market mutual funds. On the heels of such a launch, this will cause us to watch this space with even greater interest. [Federated Readies First ETF]
Pimco Enhanced Short Maturity Strategy
For more information on Street One ETF research and ETF trade execution/liquidity services, contact [email protected].
