75 percentage points (for the Ontario Municipal Employees Retirement System plan) above the real return bond
Treasury VUSTX American Century Target Mat 2015 Inv BTFTX Short Managers Intermediate Duration Govt MGIDX Government Fidelity Intermediate Government FSTGX Vanguard Short-term Federal VSGBX Scudder GNMA AARP AGNMX Eaton Vance Government Obligations A EVGOX Muni First Inv Insur Tax Exempt II EIITX Nationals Harris Tax Exempt Bond N HXBAX First Inv Ins Int Tax Exempt A FIITX Victory Natl Muni Bond A VNMAX Harris Insight Interm Tax Exempt Bond N HIXAX Intermediate ING Intermediate Bond A IIBAX Bonds PIMCO Real Return Bond
A PRTNX ([dagger]) ING Intermediate Bond B N/A N/A Regions Morgan Keegan Select Int Bd A MKIBX FPA New Income Inc.
The weakness spread across the market, but inflation-sensitive longer-duration bonds were the most affected as the DEX Real Return Bond
Index declined 13.
Fund Name (Ticker) Total Return(*) Total Return PIMCO Real Return Bond
A (PRTNX) 7.
This edition adds new content, including a new chapter on exchange trade funds, a new section on forecasting interest rates, and expanded sections on preferred shares, convertible bonds, bond market transparency, and real return bonds
TIPS are structured similarly to the real return bonds
currently issued in Canada.
R&E has argued that this strengthens the case for immunizing a larger percentage of liabilities with real return bonds