Key stats
About PIMCO CANADA CORP GLOBAL SHORT MAT FD CDA ETF SER UNIT
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Inception date
Feb 1, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Pimco Canada Corp. Funds
The fund invests mainly in non-CAD-denominated fixed income securities of short and medium-term maturities. The funds average portfolio duration will not exceed one year. The fund is actively-managed and aims to exceed the performance of the 3-month Canadian Dealer Offered Rate (CDOR). The issuer uses both top-down approach, by focusing on duration, yield curve positioning, volatility and sector rotation, as well as bottom-up strategies by employing proprietary analytics to identify undervalued securities. The portfolio includes investment grade bonds, rated Baa or higher and can allocate up to 5% in emerging markets. There is no limit on the number of securities denominated in foreign currency. PMNT may have a high portfolio turnover rate and in turn high trading costs, which can result in receiving a taxable capital gain.
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Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PMNT trades at 18.95 CAD today, its price has risen 0.16% in the past 24 hours. Track more dynamics on PMNT price chart.
PMNT net asset value is 18.95 today — it's risen 0.25% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
and its yearly performance shows a −1.46% decrease. See more dynamics on PMNT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.76% increase in three-month performance and has increased by 3.75% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.76% increase in three-month performance and has increased by 3.75% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PMNT expense ratio is 0.38%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PMNT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PMNT technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PMNT shows the sell signal. See more of PMNT technicals for a more comprehensive analysis.
Today, PMNT technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PMNT shows the sell signal. See more of PMNT technicals for a more comprehensive analysis.
Yes, PMNT pays dividends to its holders with the dividend yield of 5.24%.
PMNT trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PMNT shares are issued by Allianz SE
PMNT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 1, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.