PIMCO Debuts Germany, Canada Bond ETFs

Bond fund giant PIMCO continued the string of impressive innovation that has produced a robust lineup of international bond ETFs this week, rolling out a pair of new funds focusing on fixed income securities from German and Canadian issuers. The two new ETFs, both of which are indexed products, join an Australian bond ETF that the firm rolled out last week. The new ETFs are: PIMCO Germany Bond Index Fund (BUND): This ETF will seek to replicate the BofA Merrill Lynch Diversified Germany Bond Index, a benchmark that includes euro-denominated bonds of governments and corporations in Germany [see the BUND fact sheet]. PIMCO Canada Bond Index Fund (CAD): This ETF will be linked to the BofA Merrill Lynch Diversified Canada Government Bond Index, a benchmark that includes investment grade bonds denominated in Canadian dollars and issued by Canadian governments [see the CAD fact sheet]. Both new ETFs will charge a [...] Click here to read the original article on ETFdb.com. Related Posts: PIMCO Launches Aussie Bond ETF March ETF Roundup: Launches, Filings, and Closures Country-Specific Bond ETNs Debut ETF Insider: It’s All Greek To Me Using ETFs To Build A Complete Bond Portfolio