Product description

PIMCO Covered Bond Source UCITS ETF aims to generate the maximum income consistent with capital preservation and daily liquidity. The fund is actively managed by PIMCO and will invest primarily in a diversified portfolio of covered bonds. The portfolio manager is Kris Mierau

Security Information

General information
Base currency EUR
Dividend treatment Annually
Minimum investment 1 share
Launch date 17 Dec 2013
Shares outstanding 1,075,582
Exchanges Xetra
Further information
ISA Eligible
SIPP Eligible
UCITS Yes
UK reporting status Yes
Passported to Austria, Finland, France, Germany, Ireland, Italy (Institutional only), Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom, Denmark
Structure
Legal form UCITS
Open ended fund
Replication method Physical
Domicile Ireland
Financial year end 31 March
Tax information for German investors
Equity ratio 0.0000
Key service providers
Issuer PIMCO Fixed Income Source ETFs plc
Manager PIMCO Europe Ltd
Fund administrator State Street Fund Services (Ireland) Limited
Depositary State Street Custodial Services (Ireland) Limited
Auditor PricewaterhouseCoopers
Promoter PIMCO Europe Limited, Invesco UK Services Limited
Yield information
Use of income Distributed
Fund statistics NAV ( 19 Sep 2019 )
Number of holdings 57
Recent distributions
Announcement date 7 Mar 2019
Ex-date 14 Mar 2019
Record date 15 Mar 2019
Payment date 29 Mar 2019
Distribution per shares 1.3489
Currency EUR
Download all distributions

Key information

Bloomberg ticker COVR GY
ISIN IE00BF8HV717
Benchmark BBG ticker BEA3TREU
Management fee 0.43%
NAV (20 Sep 2019) €113.65
AUM €122,239,560
Base currency EUR

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.