Oil’s Iran Cliffhanger: What To Know And What To Expect
- Analysis
- Barani Krishnan
- 32
As of October 1, 2014, PIMCO ETF Trust - PIMCO Germany Bond Index Exchange-Traded Fund has gone out of business. PIMCO ETF Trust - PIMCO Germany Bond Index Exchange-Traded Fund is an exchange traded fund launched and managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of Germany. It primarily invests in Euro-denominated investment grade sovereign, quasi-government, corporate, securitized, and collateralized securities with at least one year remaining term to maturity and are rated between BBB and AAA by S&P and Fitch and between Baa2 and Aaa by Moody's. The fund seeks to track the performance of the BofA Merrill Lynch Diversified Germany Bond Index, by using representative sampling approach. It was formerly known as PIMCO ETF Trust - PIMCO Germany Bond Index Fund. PIMCO ETF Trust - PIMCO Germany Bond Index Exchange-Traded Fund was formed on November 9, 2011 and is domiciled in the United States.