PIMCO Canada Launches PIMCO Managed Bond Pools for Canadian Investors
TORONTO, ONTARIO (February 14, 2020) - PIMCO Canada Corp. (“PIMCO Canada”) has launched the PIMCO Managed Conservative Bond Pool and the PIMCO Managed Core Bond Pool (the “PIMCO Managed Bond Pools”), which are designed to offer one-ticket solutions for core fixed income portfolios. The PIMCO Managed Bond Pools will be managed by Erin Browne, Managing Director and Portfolio Manager focused on asset allocation strategies and Emmanuel Sharef, Executive Vice President and Portfolio Manager focused on asset allocation strategies.
Driven by PIMCO’s time-tested investment process, the PIMCO Managed Bond Pools comprise of mutual funds managed by PIMCO Canada and provide a global, active, fixed income investment approach targeting attractive yield and diversification. PIMCO Managed Bond Pools serve as an attractive option for investors seeking a diversified portfolio of fixed-income securities with both income and growth potential.
“The PIMCO Managed Bond Pools offer investors the opportunity to access a diversified portfolio of fixed-income funds in a one-ticket solution,” said Stuart Graham, Managing Director and Head of PIMCO Canada.
An initial tranche of 50,000 ETF series units of each pool has been issued at $20 per unit and will commence trading on the TSX on February 14, 2020 under the tickers PCON (PIMCO Managed Conservative Bond Pool) and PCOR (PIMCO Managed Core Bond Pool). Each pool also offers traditional mutual fund series.
