Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Pimco Preps a Foreign Currency ETF Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 07, 2011

Pimco Preps a Foreign Currency ETF

News summary by MFWire's editors

Pimco [see profile] has unveiled plans to launch the Pimco Foreign Currency Strategy ETF, Benzinga reports. The new ETF will invest 80 percent of its assets in the currencies or bonds denominated in currencies other than the U.S. dollar.

It will hold a a combination of short-term Fixed Income Instruments, money market securities and currency forwards backed by high-quality, low duration securities, according the filing. Duration for the new ETF will average zero to three years, based on Pimco's interest rate forecast, and the fund may hold select emerging market currencies. The new ETF will invest in both investment grade and non-investment grade securities.

The firm did not include a ticker or expense ratio in the filing. 

Edited by: Hung Tran


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use