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All About The New PIMCO Foreign Currency Strategy ETF

By: ETFdb
ETFs provide everyday investors with the ability to gain exposure to obscure asset classes, ranging from corporate junk bonds to emerging market debt that would otherwise be difficult to reach. PIMCO is building on this trend with the launch of its Foreign Currency Strategy ETF (FORX), providing broad exposure to an actively managed portfolio of foreign (e.g. non-U.S.) currencies and related derivatives [Download How To Pick The Right ETF Every Time]. In a Nutshell The PIMCO Foreign Currency Strategy ETF (FORX) is an actively managed fund providing exposure to foreign currencies by investing in currencies, currency forwards, or fixed income securities denominated in foreign currencies with durations of zero to three years. Given its exposure to non-U.S. dollar currencies, the fund is likely to benefit in cases where the U.S. dollar depreciates, and it limits its exposure to any single currency to 20% of the total portfolio. What Makes It Unique [...] Click here to read the original article on ETFdb.com. Related Posts: Launch Frenzy Hits The Street: FORX, FPE, YMLI And BIZD
ETFs provide everyday investors with the ability to gain exposure to obscure asset classes, ranging from corporate junk bonds to emerging market debt that would otherwise be difficult to reach. PIMCO is building on this trend with the launch of its Foreign Currency Strategy ETF (FORX), providing broad exposure to an actively managed portfolio of foreign (e.g. non-U.S.) currencies and related derivatives [Download How To Pick The Right ETF Every Time]. In a Nutshell The PIMCO Foreign Currency Strategy ETF (FORX) is an actively managed fund providing exposure to foreign currencies by investing in currencies, currency forwards, or fixed income securities denominated in foreign currencies with durations of zero to three years. Given its exposure to non-U.S. dollar currencies, the fund is likely to benefit in cases where the U.S. dollar depreciates, and it limits its exposure to any single currency to 20% of the total portfolio. What Makes It Unique [...]

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

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