May 01, 2012 at 09:30 AM EDT
PIMCO Launches Active TIPS ETF (ILB)
PIMCO, fresh off the extremely successful launch of its Total Return ETF (BOND), has rolled out another actively managed bond fund that taps into a corner of the fixed income market that has generated significant interest in recent years. The new Global Advantage Inflation-Linked Bond Strategy Fund (ILB) will be comprised of inflation-protected bonds, securities that are designed to appreciate along with official inflation metrics. The new PIMCO ETF will be benchmarked against the PIMCO Global Advantage Inflation-Linked Bond Index, and will invest in inflation-protected bonds that are ‘economically tied to at least three developed and emerging market countries (one of which may be the United States)” according to the prospectus. While most inflation-protected bond ETFs focus primarily on U.S. securities, there are a handful that maintain an international focus. The SPDR DB International Government Inflation-Protected Bond ETF (WIP) holds a broad-based portfolio with a tilt towards Western Europe, while the iShares [...] Click here to read the original article on ETFdb.com. Related Posts: Bond ETFs For Every Objective Inflation ETF Special: 25 ETF Ideas To Fight Rising Prices Inflation-Fighting ETFs Back In Focus iShares Rolls Out International TIPS ETFs PIMCO Planning Global Inflation-Linked Bond ETF
PIMCO, fresh off the extremely successful launch of its Total Return ETF (BOND), has rolled out another actively managed bond fund that taps into a corner of the fixed income market that has generated significant interest in recent years. The new Global Advantage Inflation-Linked Bond Strategy Fund (ILB) will be comprised of inflation-protected bonds, securities that are designed to appreciate along with official inflation metrics.  The new PIMCO ETF will be benchmarked against the PIMCO Global Advantage Inflation-Linked Bond Index, and will invest in inflation-protected bonds that are ‘economically tied to at least three developed and emerging market countries (one of which may be the United States)” according to the prospectus. While most inflation-protected bond ETFs focus primarily on U.S. securities, there are a handful that maintain an international focus. The  SPDR DB International Government Inflation-Protected Bond ETF (WIP) holds a broad-based portfolio with a tilt towards Western Europe, while the iShares [...]

Click here to read the original article on ETFdb.com.

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