As of September 30, 2015, PIMCO ETF Trust - PIMCO Foreign Currency Strategy Active Exchange-Traded Fund has gone out of business. PIMCO ETF Trust - PIMCO Foreign Currency Strategy Active Exchange-Traded Fund is an exchange traded fund launched and managed by Pacific Investment Management Company LLC. The fund invests in the fixed income and currency markets of countries across the globe excluding the United States. For its currency portion, it uses forwards to invest in the foreign currencies against the U.S. dollar. For its fixed income portion, the fund invests directly and through derivatives such as options, futures contracts or swap agreements in the investment grade and non-investment grade short-term instruments, bonds and money market securities issued by various U.S. and non-U.S. public- or private-sector entities with portfolio duration between zero and three years. It employs fundamental analysis by focusing on factors such as forecast for interest rates, evaluation of relative interest rates, inflation rates, exchange rates, monetary and fiscal policies, trade and current account balances, and legal and political development to create its portfolio. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch 1-3 Year Trade-Weighted Global Government Index. It employs proprietary research to create its portfolio. The fund was formerly known as PIMCO ETF Trust - PIMCO Foreign Currency Strategy Exchange-Traded Fund. PIMCO ETF Trust - PIMCO Foreign Currency Strategy Active Exchange-Traded Fund was formed on February 11, 2013 and is domiciled in the United States.