QUID

Sterling Short Maturity UCITS ETF

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Cash Management
category / asset class
5.42%
est. yield to maturity
As of 22/02/2024
£102.36
DAILY NAV
As of 22/02/2024
0.88%
ytd return
As of 22/02/2024

why invest in this fund

Fund Specific Risks

Counterparty Risk

Other financial institutions provide services such as safekeeping of assets or as a counterparty to financial contracts such as derivatives. The fund is exposed to the risk of bankruptcy, or other type of default of transaction counterparties.

Credit and Default Risk

A decline in the financial health of an issuer of a fixed income security can lead to an inability or unwillingness to repay a loan or meet a contractual obligation. This could cause the value of its bonds to fall or become worthless. Funds with high exposures to non-investment grade securities have a higher exposure to this risk.

Derivatives and Counterparty Risk

The use of certain derivatives could result in the fund having a greater or more volatile exposure to the underlying assets and an increased exposure to counterparty risk. This may expose the fund to larger gains or losses associated with market movements or in relation to a trade counterparty being unable to meet its obligations.

Fixed Income Risk

There is a risk that the institution which issued the securities will fail, which would result in a loss of income to the fund. Fixed income values are likely to fall if interest rates rise.

Risk of Using Derivatives

In order to reach its investment objective, the fund may use swaps, including futures and forwards. Such derivatives may result in gains or losses that are greater than the original amount invested.

Interest Rate Risk

Changes in interest rates will usually result in the values of bond and other debt instruments moving in the opposite direction (e.g. a rise in interest rates likely leads to fall in bond prices).

Mortgage Related and Other Asset Backed Securities Risks

Mortgage or asset backed securities are subject to similar risks as other fixed income securities, and may also be subject to prepayment risk and higher levels of credit and liquidity risk.

Changes in interest rates will usually result in the values of bond and other debt instruments moving in the opposite direction (e.g. a rise in interest rates likely leads to fall in bond prices).

Portfolio Information

0.31 Years
Effective Maturity
As of 22/02/2024
0.23 Years
Effective Duration
As of 22/02/2024
5.42%
est. yield to maturity
As of 22/02/2024
AA
average quality
As of 22/02/2024

Fund Facts

FUND DESCRIPTION

The PIMCO Sterling Short Maturity UCITS ETF aims to generate income while preserving and growing capital. The Fund will invest primarily in a portfolio of GBP-denominated short-term investment grade debt. Portfolio duration may vary between 0-1 years.

DAILY NAV PRICE
£102.36
As of 22/02/2024

Price - Past performance does not predict future returns

Trading Information


Trading Currency
GBP


Exchange ticker
QUID

Settlement Period
T+2

Bloomberg ticker
QUID LN

BENCHMARK INFORMATION

ICE BofAML Sterling Government Bill Index

The ICE BofAML Sterling Government Bill Index tracks the performance of GBP denominated sovereign bills publicly issued by the UK Government in the UK domestic market.

BENCHMARK INFORMATION
Data point name Data point value
Bloomberg Ticker GGBB

The fund intends to measure its performance against the ICE BofAML Sterling government Bill Index (the “Index”). The fund is considered to be actively managed in reference to the Index by virtue of the fact that it uses the Index for performance comparison purposes. Certain of the fund’s securities may be components of and may have similar weightings to the Index. However the Index is not used to define the portfolio composition of the fund or as a performance target and the fund may be wholly invested in securities which are not constituents of the Index. The fund is actively managed in reference to the above Benchmark as further outlined in the prospectus and key investor information document.

BENCHMARK INFORMATION
Data point name Data point value

Security Information

As of 22/02/2024

General

ISIN IE00B622SG73
AUM £89,214,445.84
Benchmark BBG Ticker GGBB
Number of Holdings 168
Base Currency GBP
Launch Date 10 June 2011
Shares Outstanding 871,605
UK Reporting Status Yes
Registered for Distribution in Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Sweden, United Kingdom
Exchanges London Stock Exchange
UCITS Yes
Dividend Treatment Monthly

Structure

Legal Form UCITS
Replication Method Physical
Domicile Ireland
Financial Year End 31 March
Equity Ratio (Tax Information for German Investors) 0.00
Use of Income Distributed

Key Service Providers

Issuer PIMCO ETFs plc
Manager PIMCO Europe Ltd
Fund Administrator State Street Fund Services (Ireland) Limited
Depository State Street Custodial Services (Ireland) Limited
Authorized Participants Banca Sella Holding S.p.A., Bluefin Europe LLP, Citigroup Global Market Limited, Credit Suisse Securities (Europe) Limited, DRW Europe B.V., Flow Traders B.V., Goldenberg Hehmeyer LLP, Goldman Sachs International, JP Morgan Securities Ltd., Jane Street Financial Limited, Morgan Stanley and Co. International plc, Nomura International plc, Old Mission Europe LLP, Société Générale , Unicredit Bank AG, Virtu Financial Ireland Limited

Top Ten Exposure

As of 22/02/2024

Top Ten Exposure table

Name Coupon Weight (%)
REPO 5.20 8.63
UK TREASURY BILL GBP 0.00 3.56
JAPAN TREASURY DISC BILL #1196 0.00 2.54
JAPAN TREASURY DISC BILL #1215 0.00 2.54
SANTANDER UK PLC SEC SONIA 5.79 1.91
JAPAN TREASURY DISC BILL #1213 0.00 1.83
KFW 4.13 1.55
TRINI 2021-1X A SONIA+85BP 6.05 1.50
YORKSHIRE BUILDING SOC COV SEC SONIA 5.77 1.46
PLRS 2021-1 A SONIA+79BPS 5.99 1.28

Fund Managers

fund manager Konstantin Veit
Konstantin Veit
Portfolio Manager, European Rates
fund manager Peder Beck-Friis
Peder Beck-Friis
Economist
As of 22/02/2024

Fees and Expenses

Name Value
Management Fee 0.35%

Because the fund is an ETF, investors will typically only be able to buy or sell shares in the secondary market, on exchange. Authorized Participants who help in the creation or redemption of shares in the primary market, may face “create” or “redeem” fees (aka “entry” or “exit” fees) on the cash portion of the transaction (up to a maximum of 3.00%). These create and redeem fees are not applicable to secondary market investors. However, secondary market investors may incur brokerage and/or transaction fees in connection with their dealings. Secondary market investors may also bear the costs of bid-ask spreads; meaning the difference between the prices at which shares can be bought and sold.

Yields

5.42%
est. yield to maturity
As of 22/02/2024
4.54%
Current Yield
As of 22/02/2024
4.36%
distribution yield
As of 31/01/2024
Past performance does not predict future returns

Recent Distributions

As of 22/02/2024
Ex-Date
15/02/2024
Record Date
16/02/2024
Distribution Per Shares
0.3499
Currency
GBP

Dividends

As of 22/02/2024
Distribution Date Dist. NAV (£) Dividend Income (£) Dist. Total (£)
15/02/2024 102.21 0.349942 0.349942
18/01/2024 102.09 0.341333 0.341333
21/12/2023 102.00 0.434530 0.434530
16/11/2023 101.86 0.346816 0.346816
19/10/2023 101.69 0.341908 0.341908
21/09/2023 101.67 0.418336 0.418336
17/08/2023 101.69 0.318939 0.318939
20/07/2023 101.54 0.393152 0.393152
15/06/2023 101.43 0.300999 0.300999
19/05/2023 101.61 0.264779 0.264779
20/04/2023 101.52 0.282827 0.282827
16/03/2023 101.50 0.223854 0.223854
16/02/2023 101.47 0.207856 0.207856
19/01/2023 101.37 0.235452 0.235452
15/12/2022 101.03 0.154247 0.154247
17/11/2022 100.75 0.112993 0.112993
20/10/2022 100.23 0.105937 0.105937
15/09/2022 101.01 0.062059 0.062059
18/08/2022 101.12 0.053622 0.053622
21/07/2022 100.90 0.059756 0.059756
16/06/2022 100.80 0.039567 0.039567
19/05/2022 101.43 0.039958 0.039958
21/04/2022 101.53 0.016456 0.016456
17/03/2022 101.68 0.008685 0.008685
17/02/2022 102.21 0.008660 0.008660
20/01/2022 102.55 0.008698 0.008698
16/12/2021 102.73 0.004792 0.004792
18/11/2021 102.74 0.006730 0.006730
21/10/2021 102.68 0.004862 0.004862
16/09/2021 102.90 0.005219 0.005219
19/08/2021 102.90 0.006572 0.006572
15/07/2021 102.87 0.005326 0.005326
17/06/2021 102.87 0.003967 0.003967
20/05/2021 102.86 0.015630 0.015630
15/04/2021 102.84 0.010360 0.010360
18/03/2021 102.81 0.008718 0.008718
18/02/2021 102.86 0.005589 0.005589
21/01/2021 102.85 0.006192 0.006192
17/12/2020 102.82 0.008462 0.008462
19/11/2020 102.75 0.008703 0.008703
15/10/2020 102.69 0.011347 0.011347
17/09/2020 102.65 0.010098 0.010098
20/08/2020 102.58 0.019837 0.019837
16/07/2020 102.43 0.022634 0.022634
18/06/2020 102.31 0.038339 0.038339
14/05/2020 101.82 0.034582 0.034582
16/04/2020 101.54 0.041015 0.041015
19/03/2020 101.75 0.050320 0.050320
13/02/2020 102.56 0.039494 0.039494
16/01/2020 102.51 0.034426 0.034426
19/12/2019 102.43 0.050762 0.050762
15/11/2019 102.36 0.038860 0.038860
17/10/2019 102.29 0.044145 0.044145
19/09/2019 102.26 0.057852 0.057852
15/08/2019 102.38 0.053013 0.053013
18/07/2019 102.27 0.071947 0.071947
13/06/2019 102.15 0.067972 0.067972
16/05/2019 102.08 0.074086 0.074086
18/04/2019 102.02 0.083224 0.083224
14/03/2019 101.87 0.072522 0.072522
14/02/2019 101.75 0.073072 0.073072
17/01/2019 101.53 0.061421 0.061421
20/12/2018 101.56 0.085340 0.085340
15/11/2018 101.76 0.062031 0.062031
18/10/2018 101.78 0.055921 0.055921
13/09/2018 101.79 0.047482 0.047482
16/08/2018 101.87 0.047547 0.047547
19/07/2018 101.84 0.039642 0.039642
14/06/2018 101.85 0.034379 0.034379
17/05/2018 101.80 0.028187 0.028187
19/04/2018 101.76 0.031088 0.031088
15/03/2018 101.77 0.027733 0.027733
15/02/2018 101.73 0.032527 0.032527
18/01/2018 101.80 0.032495 0.032495
14/12/2017 101.85 0.024589 0.024589
16/11/2017 101.79 0.024230 0.024230
19/10/2017 101.80 0.020418 0.020418
14/09/2017 101.79 0.020410 0.020410
17/08/2017 101.84 0.035497 0.035497
20/07/2017 101.82 0.038599 0.038599
15/06/2017 101.86 0.043155 0.043155
18/05/2017 101.86 0.025111 0.025111
13/04/2017 101.77 0.020213 0.020213
16/03/2017 101.73 0.021054 0.021054
16/02/2017 101.71 0.028697 0.028697
19/01/2017 101.64 0.036447 0.036447
15/12/2016 101.59 0.041372 0.041372
17/11/2016 101.55 0.036747 0.036747
20/10/2016 101.53 0.055224 0.055224
15/09/2016 101.52 0.042779 0.042779
18/08/2016 101.51 0.062797 0.062797
14/07/2016 101.33 0.039734 0.039734
16/06/2016 101.22 0.046910 0.046910
19/05/2016 101.18 0.064425 0.064425
14/04/2016 101.04 0.033516 0.033516
17/03/2016 100.90 0.062332 0.062332
18/02/2016 100.83 0.067605 0.067605
14/01/2016 100.92 0.042722 0.042722
17/12/2015 100.90 0.044254 0.044254
19/11/2015 100.85 0.054213 0.054213
15/10/2015 100.75 0.054200 0.054200
17/09/2015 100.84 0.052127 0.052127
20/08/2015 100.92 0.053440 0.053440
16/07/2015 100.89 0.037900 0.037900
18/06/2015 100.89 0.047903 0.047903
14/05/2015 100.94 0.035368 0.035368
16/04/2015 100.95 0.038282 0.038282
19/03/2015 100.92 0.039663 0.039663
19/02/2015 100.92 0.052896 0.052896
15/01/2015 100.89 0.046174 0.046174
18/12/2014 100.87 0.046067 0.046067
20/11/2014 100.93 0.059341 0.059341
16/10/2014 100.90 0.043758 0.043758
17/09/2014 100.91 0.044711 0.044711
20/08/2014 100.87 0.045236 0.045236
16/07/2014 100.78 0.029381 0.029381
18/06/2014 100.77 0.035307 0.035307
14/05/2014 100.82 0.042672 0.042672
16/04/2014 100.80 0.036616 0.036616
19/03/2014 100.80 0.039195 0.039195
19/02/2014 100.79 0.046169 0.046169
15/01/2014 100.75 0.036038 0.036038
18/12/2013 100.75 0.034619 0.034619
20/11/2013 100.75 0.041406 0.041406
16/10/2013 100.69 0.028513 0.028513
18/09/2013 100.64 0.036361 0.036361
14/08/2013 100.71 0.028430 0.028430
17/07/2013 100.77 0.045759 0.045759
19/06/2013 100.71 0.039284 0.039284
15/05/2013 100.81 0.034540 0.034540
17/04/2013 100.81 0.032929 0.032929
20/03/2013 100.80 0.033553 0.033553
20/02/2013 100.69 0.038174 0.038174
16/01/2013 100.61 0.029385 0.029385
19/12/2012 100.57 0.044726 0.044726
14/11/2012 100.53 0.046241 0.046241
17/10/2012 100.50 0.031808 0.031808
19/09/2012 100.43 0.078272 0.078272
15/08/2012 100.33 0.051978 0.051978
18/07/2012 100.22 0.044868 0.044868
20/06/2012 100.03 0.060642 0.060642
16/05/2012 100.02 0.056081 0.056081
18/04/2012 100.07 0.070701 0.070701
14/03/2012 100.03 0.056863 0.056863
15/02/2012 99.96 0.056074 0.056074
18/01/2012 99.81 0.071252 0.071252
14/12/2011 99.61 0.062413 0.062413
16/11/2011 99.74 0.058409 0.058409
19/10/2011 99.73 0.070965 0.070965
14/09/2011 99.81 0.050814 0.050814
17/08/2011 99.92 0.065223 0.065223
20/07/2011 100.00 0.051656 0.051656

Discrete Performance

As of 31/01/2024
ANNUALIZED RETURNS
Annual Returns
Jan`14 - Jan`15 Jan`15 - Jan`16 Jan`16 - Jan`17 Jan`17 - Jan`18 Jan`18 - Jan`19 Jan`19 - Jan`20 Jan`20 - Jan`21 Jan`21 - Jan`22 Jan`22 - Jan`23 Jan`23 - Jan`24
Sterling Short Maturity UCITS ETF 0.66 0.55 1.31 0.47 0.46 1.54 0.58 -0.32 0.02 4.70
ICE BofAML Sterling Government Bill Index 0.48 0.51 0.43 0.30 0.57 0.79 0.22 0.00 1.49 4.85
Performance - Fund vs Index 0.18 0.04 0.88 0.17 -0.11 0.75 0.36 -0.32 -1.47 -0.15
As of 31/01/2024
Portfolio Composition - Sector Allocation: Market Value
category / asset class FUND Fund ratio
Government Related 25.38
Securitized 20.49
Invest. Grade Credit 36.00
High Yield Credit 0.00
Emerging Markets 0.00
Municipal/Other 0.00
Net Other Short Duration Instruments 18.13
Portfolio Composition - Sector Allocation: Duration
Sector Fund Fund ratio
Government Related 15.61
Securitized 4.93
Invest. Grade Credit 135.48
High Yield Credit 0.00