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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (99960)	11/28/2003 1:32:21 PM
From: S. maltophilia	Respond to of 132070

Just occurred to me that commodities may not fit in Chuckie's online cookie cutter and that the Treasuries are there to provide required margins. So back to square one as far as what they really are doing. I've ordered a prospectus, FWIW, but there's precious little useful info in them since they've been dumbed down. MB probably has Class A shares, and mutual fund supermarkets get D shares.

To: Tommaso who wrote (99960)	11/28/2003 4:49:42 PM
From: AuBug	Read Replies (1) \| Respond to of 132070

I've been interested in buying some PIMCO Commodity Real Return Strategy Fund (PCRAX) so I did some reading on the PIMCO web site: Robert Greer Discusses the Benefits of Commodity Investing "We do not actively trade individual commodities. We do not try to predict whether the price of live cattle, or soybeans, or coffee, is going to go up or down. Rather, we adopt a benchmark of a commodity index like I’ve previously described. We then add value versus that benchmark in two ways. One, through the efficient negotiation and efficient management of derivatives linked to the benchmark. And second, through management of the collateral that supports those derivative instruments." pimco.com They also several other related links: Strategic Markets - PIMCO CommodityRealReturn Strategy pimco.com The benefits of real asset portfolio diversification www2.pimco.com Strategic Markets: The New Importance of Real Returns pimco.com The other 2 "commodity" mutual funds I have bookmarked are Oppenheimer Real Asset Fund (QRAAX) and Van Eck Global Hard Assets Fund (GHAAX). I read in Barron's that QRAAX tries to benefit from buying the stocks of companies that make their money in commodities. That may be a good strategy but my outlook for the stock market is so poor this was enough for me to not buy that one. From the holdings of GHAAX it seems they're following a similar strategy. I think PCRAX is the more pure play. Anyone know how to buy the Jim Rogers fund? Minimums, residency, etc?