PIMCO and Source launch Sterling MINT ETF

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PIMCO and Source have launched the PIMCO Sterling Short Maturity Source ETF, a sterling-denominated addition to the PIMCO Short Maturity Source range of ETFs.

The move follows the launch earlier this year of the Euro-denominated and US dollar-denominated MINT ETFs. The two groups see the MINT suite as a solution for cash investors searching for opportunities to safely increase returns in the current low yield environment characterised by negative real yields coupled with regulatory changes in the money market industry. The PIMCO Source MINT suite of investment solutions is designed for investors who hold cash balances and are looking to achieve higher returns while remaining focused on capital preservation and liquidity.   The fund is regist...

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