QUID

Sterling Short Maturity UCITS ETF
Cash Management
category / asset class
0.25%
est. yield to maturity
As of 23/10/2020
£102.70
DAILY NAV
As of 23/10/2020
0.53%
ytd return
As of 23/10/2020

why invest in this fund

Portfolio Information

0.79 Years
Effective Maturity
As of 23/10/2020
0.76 Years
Effective Duration
As of 23/10/2020
0.25%
est. yield to maturity
As of 23/10/2020
AA-
average quality
As of 23/10/2020

Fund Facts

FUND DESCRIPTION

The PIMCO Sterling Short Maturity UCITS ETF aims to generate income while preserving and growing capital. The Fund will invest primarily in a portfolio of GBP-denominated short-term investment grade debt. Portfolio duration may vary between 0-1 years.

DAILY NAV PRICE
£102.70
As of 23/10/2020

Price

Trading Information


Trading Currency
GBP


Exchange ticker
QUID

Settlement Period
T+2

Bloomberg ticker
QUID LN

BENCHMARK INFORMATION

ICE BofAML Sterling Government Bill Index

The ICE BofAML Sterling Government Bill Index tracks the performance of GBP denominated sovereign bills publicly issued by the UK Government in the UK domestic market.

BENCHMARK INFORMATION
Data point name Data point value
Bloomberg Ticker GGBB

The fund intends to measure its performance against the ICE BofAML Sterling government Bill Index (the “Index”). The fund is considered to be actively managed in reference to the Index by virtue of the fact that it uses the Index for performance comparison purposes. Certain of the fund’s securities may be components of and may have similar weightings to the Index. However the Index is not used to define the portfolio composition of the fund or as a performance target and the fund may be wholly invested in securities which are not constituents of the Index.

BENCHMARK INFORMATION
Data point name Data point value

Security Information

As of 23/10/2020

General

ISIN IE00B622SG73
AUM £183,466,939.67
Benchmark BBG Ticker GGBB
Number of Holdings 209
Base Currency GBP
Launch Date 10 June 2011
Shares Outstanding 1,786,407
UK Reporting Status Yes
Registered for Distribution in Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Sweden, United Kingdom
Exchanges London Stock Exchange
UCITS Yes
Dividend Treatment Monthly

Structure

Legal Form UCITS
Replication Method Physical
Domicile Ireland
Financial Year End 31 March
Equity Ratio (Tax Information for German Investors) 0.00
Use of Income Distributed

Key Service Providers

Issuer ETF Ireland
Manager PIMCO Europe Ltd
Fund Administrator State Street Fund Services (Ireland) Limited
Depository State Street Custodial Services (Ireland) Limited
Authorized Participants Bank of America Merrill Lynch, Bluefin, Commerzbank, Credit Suisse, Flow Traders, Goldenberg Hehmeyer, Goldman Sachs, JP Morgan, Jane Street, Morgan Stanley, Nomura International PLC, Unicredit, Virtu Financial

Top Ten Exposure

As of 22/10/2020

Top Ten Exposure table

Name Coupon Weight (%)
REPO 0.04 8.45
UK TREASURY BILL 0.00 7.47
JAPAN TREASURY DISC BILL #925 0.00 4.77
UK TREASURY BILL 0.00 2.73
SANTANDER UK PLC UNSEC 1.63 1.32
HSBC HOLDINGS PLC SR UNSEC 0.21 1.29
BANK OF AMERICA CORP EMTN 6.13 1.26
IMPERIAL BRANDS FINANCE 9.00 1.21
BANK OF NOVA SCOTIA SEC 0.75 1.15
BARCLAYS BANK PLC COVERED SEC EMTN 4.25 1.14

Fund Managers

fund manager Andrew Bosomworth
Andrew Bosomworth
Head of Portfolio Management, Germany
fund manager Markus Mueller
Markus Mueller
Portfolio Manager, Short-Term
fund manager Lorenzo Pagani
Lorenzo Pagani
Head of European Government Bond Portfolio Management
As of 23/10/2020

Fees and Expenses

Name Value
Management Fee 0.35%

Because the fund is an ETF, investors will typically only be able to buy or sell shares in the secondary market, on exchange. Authorized Participants who help in the creation or redemption of shares in the primary market, may face “create” or “redeem” fees (aka “entry” or “exit” fees) on the cash portion of the transaction (up to a maximum of 3.00%). These create and redeem fees are not applicable to secondary market investors. However, secondary market investors may incur brokerage and/or transaction fees in connection with their dealings. Secondary market investors may also bear the costs of bid-ask spreads; meaning the difference between the prices at which shares can be bought and sold.

Yields

0.25%
est. yield to maturity
As of 23/10/2020
1.18%
Current Yield
As of 23/10/2020
0.13%
distribution yield
As of 30/09/2020

Recent Distributions

As of 23/10/2020
Ex-Date
15/10/2020
Record Date
08/10/2020
Distribution Per Shares
0.0113
Currency
GBP

Dividends

As of 23/10/2020
Distribution Date Dist. NAV (£) Dividend Income (£) Dist. Total (£)
15/10/2020 102.69 0.011347 0.011347
17/09/2020 102.65 0.010098 0.010098
20/08/2020 102.58 0.019837 0.019837
16/07/2020 102.43 0.022634 0.022634
18/06/2020 102.31 0.038339 0.038339
14/05/2020 101.82 0.034582 0.034582
16/04/2020 101.54 0.041015 0.041015
19/03/2020 101.75 0.050320 0.050320
13/02/2020 102.56 0.039494 0.039494
16/01/2020 102.51 0.034426 0.034426
19/12/2019 102.43 0.050762 0.050762
15/11/2019 102.36 0.038860 0.038860
17/10/2019 102.29 0.044145 0.044145
19/09/2019 102.26 0.057852 0.057852
15/08/2019 102.38 0.053013 0.053013
18/07/2019 102.27 0.071947 0.071947
13/06/2019 102.15 0.067972 0.067972
16/05/2019 102.08 0.074086 0.074086
18/04/2019 102.02 0.083224 0.083224
14/03/2019 101.87 0.072522 0.072522
14/02/2019 101.75 0.073072 0.073072
17/01/2019 101.53 0.061421 0.061421
20/12/2018 101.56 0.085340 0.085340
15/11/2018 101.76 0.062031 0.062031
18/10/2018 101.78 0.055921 0.055921
13/09/2018 101.79 0.047482 0.047482
16/08/2018 101.87 0.047547 0.047547
19/07/2018 101.84 0.039642 0.039642
14/06/2018 101.85 0.034379 0.034379
17/05/2018 101.80 0.028187 0.028187
19/04/2018 101.76 0.031088 0.031088
15/03/2018 101.77 0.027733 0.027733
15/02/2018 101.73 0.032527 0.032527
18/01/2018 101.80 0.032495 0.032495
14/12/2017 101.85 0.024589 0.024589
16/11/2017 101.79 0.024230 0.024230
19/10/2017 101.80 0.020418 0.020418
14/09/2017 101.79 0.020410 0.020410
17/08/2017 101.84 0.035497 0.035497
20/07/2017 101.82 0.038599 0.038599
15/06/2017 101.86 0.043155 0.043155
18/05/2017 101.86 0.025111 0.025111
13/04/2017 101.77 0.020213 0.020213
16/03/2017 101.73 0.021054 0.021054
16/02/2017 101.71 0.028697 0.028697
19/01/2017 101.64 0.036447 0.036447
15/12/2016 101.59 0.041372 0.041372
17/11/2016 101.55 0.036747 0.036747
20/10/2016 101.53 0.055224 0.055224
15/09/2016 101.52 0.042779 0.042779
18/08/2016 101.51 0.062797 0.062797
14/07/2016 101.33 0.039734 0.039734
16/06/2016 101.22 0.046910 0.046910
19/05/2016 101.18 0.064425 0.064425
14/04/2016 101.04 0.033516 0.033516
17/03/2016 100.90 0.062332 0.062332
18/02/2016 100.83 0.067605 0.067605
14/01/2016 100.92 0.042722 0.042722
17/12/2015 100.90 0.044254 0.044254
19/11/2015 100.85 0.054213 0.054213
15/10/2015 100.75 0.054200 0.054200
17/09/2015 100.84 0.052127 0.052127
20/08/2015 100.92 0.053440 0.053440
16/07/2015 100.89 0.037900 0.037900
18/06/2015 100.89 0.047903 0.047903
14/05/2015 100.94 0.035368 0.035368
16/04/2015 100.95 0.038282 0.038282
19/03/2015 100.92 0.039663 0.039663
19/02/2015 100.92 0.052896 0.052896
15/01/2015 100.89 0.046174 0.046174
18/12/2014 100.87 0.046067 0.046067
20/11/2014 100.93 0.059341 0.059341
16/10/2014 100.90 0.043758 0.043758
17/09/2014 100.91 0.044711 0.044711
20/08/2014 100.87 0.045236 0.045236
16/07/2014 100.78 0.029381 0.029381
18/06/2014 100.77 0.035307 0.035307
14/05/2014 100.82 0.042672 0.042672
16/04/2014 100.80 0.036616 0.036616
19/03/2014 100.80 0.039195 0.039195
19/02/2014 100.79 0.046169 0.046169
15/01/2014 100.75 0.036038 0.036038
18/12/2013 100.75 0.034619 0.034619
20/11/2013 100.75 0.041406 0.041406
16/10/2013 100.69 0.028513 0.028513
18/09/2013 100.64 0.036361 0.036361
14/08/2013 100.71 0.028430 0.028430
17/07/2013 100.77 0.045759 0.045759
19/06/2013 100.71 0.039284 0.039284
15/05/2013 100.81 0.034540 0.034540
17/04/2013 100.81 0.032929 0.032929
20/03/2013 100.80 0.033553 0.033553
20/02/2013 100.69 0.038174 0.038174
16/01/2013 100.61 0.029385 0.029385
19/12/2012 100.57 0.044726 0.044726
14/11/2012 100.53 0.046241 0.046241
17/10/2012 100.50 0.031808 0.031808
19/09/2012 100.43 0.078272 0.078272
15/08/2012 100.33 0.051978 0.051978
18/07/2012 100.22 0.044868 0.044868
20/06/2012 100.03 0.060642 0.060642
16/05/2012 100.02 0.056081 0.056081
18/04/2012 100.07 0.070701 0.070701
14/03/2012 100.03 0.056863 0.056863
15/02/2012 99.96 0.056074 0.056074
18/01/2012 99.81 0.071252 0.071252
14/12/2011 99.61 0.062413 0.062413
16/11/2011 99.74 0.058409 0.058409
19/10/2011 99.73 0.070965 0.070965
14/09/2011 99.81 0.050814 0.050814
17/08/2011 99.92 0.065223 0.065223
20/07/2011 100.00 0.051656 0.051656

Discrete Performance

As of 30/09/2020
ANNUALIZED RETURNS
Annual Returns
Sep `15 - Sep `16 Sep `16 - Sep `17 Sep `17 - Sep `18 Sep `18 - Sep `19 Sep `19 - Sep `20
Sterling Short Maturity UCITS ETF 1.40 0.58 0.42 1.34 0.70
ICE BofAML Sterling Government Bill Index 0.50 0.28 0.46 0.75 0.52
Performance - Fund vs Index 0.90 0.30 -0.04 0.59 0.18
As of 30/09/2020
Portfolio Composition - Sector Allocation: Market Value
category / asset class FUND Fund ratio ICE BofAML Sterling Government Bill Index Index ratio
Government Related 25.03 100.00
Securitized 12.98 0.00
Invest. Grade Credit 49.12 0.00
High Yield Credit 0.00 0.00
Emerging Markets 2.11 0.00
Municipal/Other 0.00 0.00
Net Other Short Duration Instruments 10.76 0.00
Portfolio Composition - Sector Allocation: Duration
Sector Fund Fund ratio ICE BofAML Sterling Government Bill Index Index ratio
Government Related 7.62 100.00
Securitized 10.61 0.00
Invest. Grade Credit 80.35 0.00
High Yield Credit 0.00 0.00
Emerging Markets 0.77 0.00
Municipal/Other 0.00 0.00
Net Other Short Duration Instruments 0.66 0.00
As of 30/09/2020
Portfolio Composition - Maturity Distribution
Years % of Fund % of ICE BofAML Sterling Government Bill Index
0-1 67.00 100.00
1-3 33.00 0.00
3-5 0.00 0.00
5-10 0.00 0.00
10-20 0.00 0.00
20+ 0.00 0.00
Effective Maturity (yrs) 0.68 -
As of 23/10/2020
Portfolio Composition - Credit Rating: S&P
Quality MV (%) Fund percent
A1/P1 19.78
Below A1/P1 2.06
AAA 19.57
AA 21.71
A 19.64
BAA 17.24
BB 0.00
B 0.00
Below B 0.00

interest rate exposures

As of 30/09/2020
exposure FUND index
Effective Duration 0.66 0.22
Bull Market Duration 0.71 0.21
Bear Market Duration 0.67 0.21
Total Curve Duration 0.16 N/A

sector exposures

As of 30/09/2020
exposure FUND index
Mortgage Spread Duration 0.20 0.00
Corporate Spread Duration 0.48 0.00
Emerging Markets Spread Duration 0.03 0.00

country exposure breakdown

DISCLOSURES

Important information


Your capital is at risk. You may not get back the amount you invested. Past performance is not a guarantee or reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future.  


The information on this Website is not intended as investment advice or as a recommendation to invest in any particular asset class, security or strategy. The information provided is for illustrative purposes only, and it should not be relied upon as investment advice or as a recommendation to buy or sell securities. Investors should seek independent professional advice prior to investing. Any investment in an ETF should be made on the basis of the relevant Prospectus and Key Investor Information Documents, including consideration of the investment objective, risks, charges and expenses. Further information on the ETFs, their Prospectus, Key Investor Information Documents and Supplements are available at Fund Info or from your financial adviser or broker.  For actively managed ETFs, further information on the use of benchmarks or indices is set out in the Prospectus and relevant Supplement.

 

The distribution and the offering of ETFs in certain jurisdictions may be restricted by law. The information on this website does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. The information on this website is not for distribution to, or for the attention of, US or Canadian persons.

 

UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them.

 

The information provided on this website does not constitute an offer of UCITS ETF in Switzerland pursuant to the Swiss Financial Services Act ("FinSA") and its implementing ordinance ("FinSO"), but the information on this website may be construed as an advertisement pursuant to the FinSA. The representative and paying agent for the sub-funds of PIMCO ETFs plc in Switzerland is BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, 8002 Zurich, Switzerland. The offering documents, articles of incorporation and annual and semi-annual reports may be obtained free of charge from the representative in Switzerland. The ETFs are domiciled in Ireland.

 

French language copies of the Sub-Fund's Prospectus, Key Investor Information Documents, articles of incorporation, latest annual and semi-annual Report & Accounts may be obtained from Fund Info


The information contained on this Website referred to the UCITS ETF Fund (the Sub-fund) of PIMCO Europe Ltd, a collective investment scheme duly registered with the Spanish Securities Market Commission (CNMV) under number 1360 (www.cnmv.es), where it may be consulted the updated list of the authorised distributors of the Company in Spain (the Spanish Distributors). The Spanish Distributors must provide to each investor, prior to subscribing the shares of the Sub-fund, a copy translated into Spanish of the simplified prospectus or KIID, when implemented, and the latest published economic report prior to subscribing shares. In addition, a copy of the report on the planned types of marketing in Spain must be provided using the form published on the CNMV website. The prospectus and the KIID (if applicable) and other legally required documents relating to the fund are available through the Spanish Distributors, in hard copy or by electronic means, and also available upon request by dialling +44 20 3640 1558, writing to iberia@pimco.com or consulting Fund Info where you may also obtain updated information on the net asset value of the relevant shares.


PIMCO Europe Ltd (Company No. 2604517) and PIMCO Europe Ltd - Italy (Company No. 07533910969) are authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London E20 1JN) in the UK. The Italy branch is additionally regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act. PIMCO Europe Ltd. services are available only to professional clients as defined in the Financial Conduct Authoritie´s Handbook and are not available to individual investors, who should not rely on this communication. | PIMCO Europe GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany), PIMCO Europe GmbH Italian Branch (Company No. 10005170963), and PIMCO Europe GmbH Spanish Branch (N.I.F. W2765338E) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany in accordance with Section 32 of the German Banking Act (KWG). The Italian Branch, and Spanish Branch are additionally supervised by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act, and the Comisión Nacional del Mercado de Valores (CNMV) in accordance with obligations stipulated in articles 168 and  203  to 224, as well as obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008, respectively. The services provided by PIMCO Europe GmbH are available only to professional clients as defined in Section 67 para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH020.4.038.582-2), Brandschenkestrasse 41, 8002 Zurich, Switzerland, Tel: + 41 44 512 49 10. The services provided by PIMCO (Schweiz) GmbH are not available to retail investors, who should not rely on this communication but contact their financial adviser. PIMCO provides services to qualified institutions and investors who fall within the category of professional client as defined in the FCA’s Handbook. PIMCO ETFs PLC is an umbrella type open ended investment company with variable capital and with segregated liability between Funds incorporated with limited liability under the laws of Ireland with registered number 489440. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. Copyright 2020, PIMCO.