PIMCO Covered Bond UCITS ETF EUR Inc

The fund aims to generate income while preserving and increasing the amount originally invested. The Fund will seek to achieve its investment objective by investing in an actively managed portfolio of fixed income securities of which at least 80% will be invested in Covered Bonds. The Fund is considered to be actively managed in reference to the Index by virtue of the fact that the Bloomberg Euro Aggregate Covered 3% Cap Index is used for duration measurement and for performance comparison purposes.