The fund has been listed on Nasdaq since 6 April and charges an annual fee of 0.25%.
Pacific Investment Management Company (Pimco), a California-headquartered investment management firm, has further expanded its exchange-traded fund (ETF) suite with the launch of the Pimco Inflation PLUS Active ETF (PCPI). The fund has been listed on Nasdaq since 6 April The fund aims to provide investors who are concerned about rising inflation with a more direct hedge, lower volatility and limited interest rate risk as compared to traditional Treasury Inflation Protected Securities (