|
I am in the middle of rebalancing (shifting allocation) to prep or retirement in approx 5 years. This includes DW tax-deferred PST and 401k. She has a number of stock funds available. Most of the allocation is in S&P 500 index. We were thinking of moving a % to an international fund to get a bit moe non-US diversification. This would put us at about 12% of the equity allocation and 8% overall (bonds and stocks).
On the bond side, I am targeting a 70/30 stock/bond mix. On the Fixed side of the house the company has 2 short-term options and one intermediate term bond fund. The fund is the Pimco Total Return Bond fund. It seems to have a good morningstar rating. The manager is apparently an Icon for Bond investments.
Before we leaped, I looked and noticed that the fund manager moved most of the assets out of bonds and seems to be using a number of simple derivatives (futures and options). He is parked in alot of cash.
What is your opinion about this fund? We are considering putting some serious money in it. I got a little concerned when I noticed that he is parking the money.
__________________
Planned FIRE Summer 2011
Disclaimer: I make no warranty or guarantee about the accuracy or completeness of this information. I am not a financial planner, my comments only represent my opinion.
|
Threaded Mode
