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To: Joan Osland Graffius who wrote (267633)11/18/2003 7:56:09 AM
From: MoneyPenny  Respond to of 436258
 
The Pimco Commodity real return purchases commodity derivative swaps. The fund is primarily TIPS (that's the real return part). I was able to buy the institutional fund (PCRIX) through fidelity which has a very low expense ratio (even though I didn't have the $5 million minimum to invest!) and I have held it for almost a year now.