What's in a Name? For Stock Tickers, Plenty.
Fund managers may be serious, all-business sorts, but there is still opportunity for some creativity when naming their offerings.
In March, Pimco's Enhanced Short Maturity Fund became the very first actively managed ETF to exceed $1 billion in assets under management. The ticker, (MINT), might make you think of printing money, which was the intent for the near-cash, capital preservation strategy of its investments in money markets, longer maturity bonds and investment-grade fixed income securities.
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