PIMCO EURO LOW DURATION CORPORATE BOND UCITS ETF
AUM (USD m):
Share Class Currency:
22 Nov 2023
The actively managed PIMCO Low Duration Euro Corporate Bond Source UCITS ETF invests primarily in a diversified portfolio of Euro denominated investment grade corporate Fixed Income instruments. Portfolio duration may vary between 0-4 years. This ETF may tactically invest up to 10% of assets in below-investment grade issues and non-Euro denominated currency exposure. It may invest up to 20% of assets in emerging market fixed income instruments. The Fund shall promote environmental characteristics (such as climate change mitigation) through an exclusion screening process and issuer engagement (for example, encouraging companies to align to the Paris Agreement and/or adopt science based targets for carbon emissions reduction).