|Expense ratio (net)||0.14%|
|Morningstar risk rating||Average|
|Last cap gain||0.00|
|Inception date||31 Aug 1976|
|Average for category||N/A|
On Thursday, January 18, 2018, Pimco, one of the world’s largest asset management firms, said that it’s time for investors to be cautious. The global economic adviser at Pimco, Joachim Fels, recently shared his view on the market in an interview with Bloomberg TV. PIMCO wrote, “The fact that the fear is gone is the main reason why we should be worried.
Many market participants are expecting that the market (SPY) (QQQ) could show a strong pullback if tax reform doesn't happen.