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Clearstream - a Deutsche Börse Group company - offers investors for the first time direct access to an actively managed PIMCO Source exchange-traded fund (ETF) through Vestima, the largest global fund processing platform.
The PIMCO Covered Bond Source UCITS ETF is listed on Deutsche Börse as of 13 January 2014 and is the first ETF directly available on Vestima at end-of-day net asset value (NAV), thus providing additional access to this fund. Investors are now able to directly buy and sell shares in this ETF through Vestima in the same way as for a mutual fund, thereby benefiting from Vestima’s proven efficiencies. ETFs continue to enjoy growing popularity as investors increasingly value and benefit from unique features of these instruments.
Howard...
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