PIMCO Low Duration US Corporate Bond Source UCITS ETF CHF Hedged Accumulation

Product description

The PIMCO Low Duration US Corporate Bond Source UCITS ETF CHF Hedged accumulation (the “Fund”) seeks to maximise total return, consistent with prudent investment management. The Fund is actively managed by PIMCO and invests primarily in a diversified portfolio of US Dollar denominated investment grade corporate Fixed Income instruments. Portfolio duration may vary between 0-4 years. The Fund may tactically invest up to 10% of assets in below-investment grade issues and non-US Dollar denominated currency exposure. It may invest up to 20% of assets in emerging market fixed income instruments. The portfolio manager is Mark Kiesel.

To minimise exposure to fluctuations in the exchange rate between USD and CHF, the CHF Hedged share class enters into foreign exchange transactions (typically one month currency forwards, rolled monthly).

Trading information

SIX Swiss Exchange
Trading currency CHF
Settlement period T+2
Exchange ticker LDCC
Bloomberg ticker LDCC SW
Bloomberg iNAV INLDCC
Reuters ticker LDCC.S
Reuters iNAV INLDCCiv.P
Valor 27526383
Today (27 May 2020)
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Portfolio information (26 May 2020)
Effective maturity 2.64
Effective duration 2.31
Average quality A
Yield information (26 May 2020)
Estimated YTM 3.01%
Current yield 3.09%
Sector Exposure (26 May 2020)
Mortgage spread duration 0.19
Corporate spread duration 1.23
EM spread duration 0.26

Key information

Bloomberg ticker LDCC SW
Benchmark BBG ticker CVA0
Management fee 0.54%
NAV (26 May 2020) CHF101.85
AUM CHF127,540,908
Base currency CHF
Umbrella AUM (26 May 2020) CHF7,975,997,609

Key risks

Counterparty risk: Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The fund is exposed to the risk of bankruptcy, or other type of default of transaction counterparties.

Fixed Income risk: There is a risk that the institution which issued the securities will fail, which would result in a loss of income to the fund. Fixed income values are likely to fall if interest rates rise.

Liquidity on secondary market risk: Lower liquidity means there are insufficient buyers or sellers to allow the fund to sell or buy the fund's Investments. On-exchange liquidity may be limited due to suspension of Reference Index pricing, a decision by one of the relevant stock exchanges, or a breach by one or more market makers of respective stock exchange requirements and guidelines.

Risk of using derivatives: In order to reach its investment objective, the fund may use swaps, including futures and forwards. Such derivatives may result in gains or losses that are greater than the original amount invested.


The performance information on this web page refers to past performance. Past performance is not a reliable indicator of future returns.

The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco.