NEW YORK , August 24, 2009 –- NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, began trading the PIMCO 1-5 Year U.S. TIPS Index Fund (Ticker: STPZ) on Friday, August 21, 2009. The ETF is sponsored by PIMCO.
PIMCO Lists 1-5 Year U.S. TIPS Index Fund on NYSE Arca
The investment objective of the fund is to provide total return that closely corresponds, before fees and expenses, to the total return of The Merrill Lynch 1-5 Year US Inflation-Linked Treasury Index (the “Underlying Index”). The Underlying Index is an unmanaged index comprised of TIPS (Treasury Inflation Protected Securities) with a maturity of at least 1 year and less than 5 years.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 682 primary ETF and 46 primary ETV listings. Additionally, NYSE Arca lists 84 ETNs, 216 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext has 417 primary ETFs, 73 ETV listings, 4 ETN and lists a total of 11,632 Warrants and Certificates as of the end of July 2009.
About PIMCO (Source: PIMCO)
PIMCO is a global investment management firm that was founded in Southern California in 1971. The firm manages investments for an array of clients, including retirement and other assets that reach more than 8 million people in the U.S. and millions more around the world. Its clients include state, municipal and union pension and retirement plans, individual and investment saving accounts, and public sector reserve management.
PIMCO Advisory is a leader in analyzing, designing and managing complex asset solutions, drawing on the firm’s nearly four decades of experience in various market segments around the world. It provides advisory and structured credit services to private and public institutions and offers services at both the portfolio and individual credit level.
PIMCO has more than 1,200 employees, which includes 800 people at its headquarters in Newport Beach , California . The firm also has offices in New York City , Toronto , London , Munich , Amsterdam , Tokyo , Hong Kong , Singapore and Sydney .
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca and NYSE Amex -- represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com
NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.