PIMCO Planning Foreign Currency Strategy ETF
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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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.
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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.
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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.