Tuesday, September 08, 2009

 

PIMCO Launches Real Income Funds, Providing Investors With a Unique Retirement Income Solution

Mutual Funds of "Laddered" TIPS Are Designed to Offer Steady Income, Inflation Hedging and Liquidity for Retirees

PIMCO, a leading global investment management firm, has launched the PIMCO Real Income Funds, mutual funds that are designed to provide retirees a steady stream of monthly income that is hedged against inflation. These unique, liquid funds utilize a "laddered" portfolio of primarily Treasury Inflation-Protected Securities, or TIPS, and are intended as an anchor for investors' retirement portfolios. The funds will initially be offered in two maturities, 2019 and 2029, and are designed to provide monthly distributions of principal and interest so that all assets will be distributed upon maturity...

MarketWire: PIMCO Launches Real Income Funds, Providing Investors With a Unique Retirement Income Solution

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