No. of Recommendations: 1
https://archive.ph/UjsRtEx-Pimco Executive Readies World’s First Catastrophe-Bond ETF
Fund is scheduled to start trading next month on NYSE
Cat-bond returns have exceeded other high-yield debt markets
It's absolutely crazy this is being sold to retail investors.
No. of Recommendations: 0
On one hand I agree with your assessment regarding the retail offering a Cat ETF…
There’s potential of Principal Loss, Complexity, Limited History to say nothing of Expense ratios.
On the other hand, IMHO, seems to be a lotta marketplace fear out there. To steal a Steve Martin quote… “…a profit deal, hah, takes the pressure off.”
Perpetual Health and Happiness to All,
Paul