OREANDA-NEWS. A new active ETF issued by PIMCO Fixed Income Source has been tradable on Xetra since Tuesday. This is a new asset class for the PIMCO Euro Short Maturity Source UCITS ETF, which is already tradable on Xetra. The only difference is that the income is not distributed but accumulated. 

ETF name: PIMCO Euro Enhanced Short Maturity Source ETF
Asset class: active bond ETF
ISIN: IE00BVZ6SP04
Total expense ratio: 0.35 percent
Distribution policy: accumulating
Benchmark: EONIA

The active bond ETF PIMCO Euro Short Maturity Source UCITS ETF enables investors to participate in the performance of an actively managed diversified portfolio of fixed income securities. The securities are euro zone government bonds with varying maturities denominated in euros and issued or guaranteed by governments, their regional authorities, bodies or institutions, as well as corporate bonds, and mortgage and other asset-backed securities.


The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,064 exchange traded funds. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.