COVR
•
Fixed Income
PIMCO COVERED BOND UCITS ETF
TER (bps):
43
AUM (USD m):
35
ISIN:
IE00BF8HV717
Domicile:
Ireland
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Developed Markets
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The actively managed PIMCO Covered Bond Source UCITS ETF invests at least 80% of assets in covered bonds, which are securities issued by a financial institution and backed by a group of loans. The ETF may invest up to 20% of assets in other fixed income instruments issued by corporations rated AA- or above. 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).
PERFORMANCE
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