I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
On Thursday, I focused on the money market fund industry and the PIMCO Enhanced Short Maturity ETF (NYSArca: MINT). Now that the SEC has announced new money market fund rules, large investors may find ultra-short-duration bond ETFs as a suitable alternative.
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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.