PIMCO Short-Term High Yield Corporate Bond Index Source UCITS ETF CHF Hedged Accumulation

Product description

The PIMCO Short-Term High Yield Corporate Bond Index UCITS ETF CHF Hedged Accumulation (the “Fund”) aims to replicate the performance (before fees and expenses) of the BofA Merrill Lynch 0-5 Year US High Yield Constrained IndexSM by investing in a range of securities broadly similar to the constituents of the index.The Fund seeks to achieve the yield, volatility level, and low or negative correlations with other asset classes inherent in short maturity high yield. The portfolio manager is Andrew Jessop.

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 STHC
Bloomberg ticker STHC SW
Bloomberg iNAV INSTHC
Reuters ticker STHC.S
Reuters iNAV INSTHCiv.OQ
WKN A14QCQ
Valor 27526379
Today (16 Dec 2018)
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Portfolio information (12 Dec 2018)
Effective maturity 3.25
Effective duration 2.19
Average quality BA
Yield information (12 Dec 2018)
Estimated YTM 6.65%
Current yield 5.99%
Sector Exposure (12 Dec 2018)
Mortgage spread duration 0.00
Corporate spread duration 2.30
EM spread duration 0.00

Key information

Bloomberg ticker STHC SW
ISIN IE00BWC52G65
Benchmark BBG ticker HUCD
Management fee 0.60%
NAV (14 Dec 2018) CHF105.14
AUM CHF1,180,049,210
Base currency CHF

Key fund 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 UK Services Limited 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.