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AUD
  PIMCO Australia Bond Index ETF - NYSEARCA

10/30/2014, 3:03 PM ET
  • vivekbalaney | Send Message 10 Nov 2011

    Hi, is 1.0225 a good level to keep holding on to AUD/USD or is it better to exit .. the pair has been tanking senselessly .. any ideas?
    Reply (7)
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    • Bio Insights | Send Message 10 Nov 2011
      : It happens at 5:00 PM New York time. You get $3.16 per 10,000 USD you put into that currency pair
    • Bio Insights | Send Message 10 Nov 2011
      : I have no idea if we'll hit 1.03 because one bad word out of europe and this rally is gone. Just make sure you don't get wiped out!
      AUD Description
      The Fund seeks to provide total return that closely corresponds, before fees and expenses, to the total return of The BofA Merrill Lynch Diversified Australia Bond Index. The BofA Merrill Lynch Diversified Australia Bond Indexsm tracks the performance of large, Australian dollar (“AUD”)-denominated investment grade debt instruments publicly issued in the Australian domestic market, including sovereign, quasi government, corporate, securitized and collateralized securities. All qualifying securities must have at least one year remaining term to final maturity and a fixed coupon schedule. Qualifying Australian sovereign securities must have a minimum amount outstanding of AUD 1 billion. Qualifying non-sovereign securities must have a minimum amount outstanding of AUD 500 million and must be rated investment grade. Index constituents are capitalization-weighted adjusted, as necessary, to meet issuer concentration limits. The Underlying Index is rebalanced on the last calendar day of the month. It is not possible to invest directly in an unmanaged index.
      See more details on sponsor's website
      Country: Australia
      Key Info
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