Pimco Source develops fixed income ETF platform

The Pimco US Dollar Enhanced Short Maturity Source ETF is the firms' third fund launch, following on from the debut of the Pimco Euro Enhanced Short Maturity and European Advantage Government Bond Index Source ETFs on the Deutsche Boerse earlier this year. The two short maturity ETFs have been developed in response to lower yields, increased due diligence requirements and reduced investment choice in the aftermath of the global financial crisis. Both funds are actively managed by Pimco and seek to capture short-term opportunities in the fixed income markets while preserving capital an...