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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: patron_anejo_por_favor who wrote (24363)1/10/2005 5:12:05 PM
From: Tommaso  Read Replies (1) of 110194
 
>>> I was surprised to see the expense ratio under 1.5%....<<<

Especially since they are constantly rolling over commodity derivatives. But I guess if you do it 5 million $ at a time you get a pretty good commission rate. In any case, it sure beats trying to do the same thing on your own.

I think Bill Gross is one of those few big operators (like Buffet, Templeton, and maybe--some day when he gets enough capital--Bill Fleckenstein) who feels a keen responsibility to do the best he can for his customers and who is well-informed and tells the truth.
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