By: ETF Trends
July 08, 2013 at 12:02 PM EDT
PIMCO Short-Duration ETF Tapped as Money-Fund Substitute
PIMCO Enhanced Short Maturity (NYSEArca: MINT) was one of the best-selling ETFs in June as more investors are using short-duration ETFs in place of money market funds, which are facing reform measures. MINT gathered net inflows of more than $700 million last month, according to IndexUniverse data....
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