Fixed income manager Pimco has expanded its ETF offering with the launch of two active fixed income Ucits ETFs, providing investors with access to global and euro-denominated government bonds.
The PIMCO Advantage Global Government Bond UCITS ETF and the PIMCO Advantage Euro Government Bond UCITS ETF are actively managed and seek to maximise total return through diversified portfolios of government bonds.
The strategies aim to outperform their respective benchmarks—the Bloomberg Global Aggregate Treasury Index and the Bloomberg Euro Aggregate Treasury Index—over the medium to long term, while maintaining disciplined risk management.
Investors will be able to trade the Global Government Bond ETF on the London Stock Exchange and Xetra Deutsche Börse, and the Euro Government Bond ETF on Xetra Deutsche Börse and Borsa Italiana, from December 17, 2025. Both funds will disclose holdings quarterly with a 30-day lag. The Global Government Bond ETF will be available in dollar, euro and pounds hedged share classes.
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The Global Government Bond ETF will be managed by Martin Svorc, Andrew Balls and Sachin Gupta, while the Euro Government Bond ETF will be managed by Konstantin Veit, Sara Adjir and Lorenzo Pagani.
“The expansion of our Ucits ETF range represents a significant milestone in our commitment to providing investors with actively managed solutions,” said Ryan Blute, MD and head of global wealth management, Emea. “By combining PIMCO’s 50+ years of active fixed income management rigor, our track record in global fixed income and core bond solutions, and expertise with the efficiency of the ETF structure, we are providing clients with the foundational building blocks to navigate today’s complex markets and pursue their long-term investment goals.
With high‑quality sovereign yields presenting attractive opportunities, diversified government bond exposure can offer income potential, liquidity and a defensive anchor, while duration provides a straightforward way for investors to position for macro trends as monetary policies normalise.”