New PIMCO International Bond ETFs Lack Data
November 21, 2011 at 13:24 PM EST
PIMCO launched three international bond ETFs earlier this month. All are designed to track long-standing Bank of American/Merrill Lynch indexes. For unknown reasons, PIMCO chose not to share any historical index data with potential ETF shareholders. This leaves prospective investors without yield, duration, composition, and other pertinent data with which to make an informed decision regarding these funds. PIMCO Australia Bond Index Fund (AUD) seeks to replicate the performance of the BofA Merrill Lynch Diversified Australia Bond Index, which has been in existence for more than eleven years. The underlying index is designed to track the performance of large, Australian dollar-denominated investment grade debt issued in Australia including Australian sovereign, quasi government, corporate, securitized, and collateralized securities. Index constituents . . . → Read More: New PIMCO International Bond ETFs Lack Data