PIMCO Planning Foreign Currency Strategy ETF


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Additionally, it should be noted that the fund has the option to be in short-term fixed income instruments, money market securities, and currency forwards backed by high-quality, low duration securities. Objective FundObjective The Fund seeks current income and long-term capital appreciation, consistent with prudent investment management. No dividend reinvestment service is provided by the Trust. BOND invests primarily in investment grade debt securities, and discloses all portfolio holdings on a daily basis.

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The PIMCO Foreign Currency Strategy Exchange Traded Fund will trade under the ticker symbol FORX. About PIMCO PIMCO is a leading global investment management firm, with offices in 12 countries throughout North America, Europe and Asia.

He holds an undergraduate degree in mathematics from the University of Connecticut. Schneider is a managing director in the Newport Beach office and head of short-term portfolio management and funding. Schneider was a senior managing director with Bear Stearns. There he most recently specialized in credit and mortgage-related funding transactions and helped develop one of the first "repo" conduit financing companies.

Additionally, during his tenure at Bear Stearns he held various positions on the municipal and fixed income derivatives trading desks. He has 23 years of investment experience and holds an undergraduate degree in economics and international relations from the University of Pennsylvania and an MBA from the Stern School of Business at New York University.

Hyman is a managing director and co-head of the agency mortgage portfolio management team in the Newport Beach office. Hyman was a vice president at Credit Suisse, where he traded agency pass-throughs.

He has 16 years of investment experience and holds an undergraduate degree from Lehigh University. There is no assurance that any fund, including any fund that has experienced high or unusual performance for one or more periods, will experience similar levels of performance in the future. Investments made by a Fund and the results achieved by a Fund are not expected to be the same as those made by any other PIMCO-advised Fund, including those with a similar name, investment objective or policies.

New Funds have limited operating histories for investors to evaluate and new and smaller Funds may not attract sufficient assets to achieve investment and trading efficiencies. A Fund may be forced to sell a comparatively large portion of its portfolio to meet significant shareholder redemptions for cash, or hold a comparatively large portion of its portfolio in cash due to significant share purchases for cash, in each case when the Fund otherwise would not seek to do so, which may adversely affect performance.

In general, the calculation will incorporate the yield based on the notional value of all derivative instruments held by a Fund. The Fund is not involved in or responsible for any aspect of the calculation or dissemination of the iNAV and makes no representation or warranty as to the accuracy of the iNAV. The per-share value of an ETF is calculated by dividing the total value of the securities in its portfolio, less any liabilities, by the number of ETF shares outstanding.

ETF shares are valued as of the close of regular trading normally 4: Such transactions are recorded on the next business day and reported on the website the following business day.

Returns are average annualized total returns, except for those periods of less than one year, which are cumulative. The Fund distributes substantially all of its net investment income to shareholders in the form of dividends. Dividend payments are made through DTC participants and indirect participants to beneficial owners then of record with proceeds received from the Fund.

Treasury Index Exchange-Traded Fund. The Fund seeks current income and long-term capital appreciation, consistent with prudent investment management. How to Invest Call us at Portfolio Management David L. Yield Information Estimated Yield to Maturity 4. Aggregate Index Index Description. Aggregate Index represents securities that are SEC-registered, taxable, and dollar denominated.

The index covers the U. These major sectors aresubdivided into more specific indices that are calculated andreported on a regular basis. It is not possible to invest directly inan unmanaged index. Performance quoted represents past performance.

Past performance is not a guarantee or a reliable indicator of future results. Shares of an ETF will be listed for trading on an exchange, however, there can be no guarantee that an active trading market for such shares will develop or continue. There can be no guarantee that an ETF's exchange listing or ability to trade its shares will continue or remain unchanged.

The trading prices of an ETF's shares fluctuate continuously throughout the trading day based on market supply and demand, which may not correlate to NAV. Current holdings are subject to risk. Holdings are subject to change at any time. An investment in an ETF involves risk, including the loss of principal. Investments may be worth more or less than the original cost when redeemed. A discount or premium could be significant. Data in chart format displaying the frequency distribution of discounts and premiums of the Market Price against the NAV can be found for the Fund at www.

The Fund is not involved in or responsible for any aspect of the calculation or dissemination of the iNAV and makes no representation or warranty as to the accuracy of the iNAV. The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education.

No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of PIMCO nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of , as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein.

If you are an individual retirement investor, contact your financial advisor or other fiduciary unrelated to PIMCO about whether any given investment idea, strategy, product or service described herein may be appropriate for your circumstances. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. You are currently running an old version of IE, please upgrade for better performance. Treasury Index Exchange-Traded Fund. An actively managed ETF that provides access to a basket of currencies likely to benefit from dollar weakness. FORX , created to offer investors the potential to benefit from fundamental changes in global currency dynamics by diversifying away from the dollar.

The fund will be jointly managed by Scott Mather, managing director and head of global portfolio management; Vineer Bhansali, managing director and head of quantitative investment portfolios; and Thomas Kressin, senior vice president and head of European foreign exchange.

Rising debt levels, limited fiscal flexibility and easy monetary policy in the U. FORX is a portfolio of currencies and local currency bonds actively managed to help investors diversify out of the dollar and preserve their purchasing power. The active management is a notable difference for an ETF marketplace made up mostly of passive products in which investors generally must form their own views on individual currencies or currency indexes.

PIMCO has decades of experience managing currencies on behalf of large institutional clients and has deep executional ability in the multi-trillion-dollar foreign currency market. Strategic allocations across developed and emerging currencies are based on the firm's investment outlook, which includes macroeconomic insights formulated by the firm's Investment Committee and based on the output of cyclical and secular economic forums. Founded in , PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs.