PIMCO ETFs plc - PIMCO Euro Low Duration Corporate Bond UCITS ETF is an exchange traded fund launched by PIMCO Global Advisors (Ireland) Limited. It is co-managed by PIMCO Europe Ltd and PIMCO Deutschland GmbH. The fund invests in the fixed income markets. It invests in the fixed and variable rate, Euro denominated corporate bonds with portfolio duration within 0-4 years. The fund invests in investment grade securities that are rated as at least BBB- by S&P and Fitch and at least Baa3 by Moody’s. It conducts fundamental research with top-down and bottom-up stock picking approach to create its portfolio. The fund focuses on factors such as macro view of the forces likely to influence the global economy and financial markets over the medium term, security selection process, and identification and analysis of undervalued securities to create its portfolio. It benchmarks the performance of its portfolio against the BofA Merrill Lynch 1-5 Year Euro Corporate Index and Bank of America Merrill Lynch Euro Corporate Bond 1-5 Year Index. PIMCO ETFs plc - PIMCO Euro Low Duration Corporate Bond UCITS ETF was formed on November 17, 2014 and is domiciled in Ireland.