GIS Credit Absolute Return Fund

ISIN: IE00B95G9K86

Updated 17 August 2018

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  • DAILY NAV (EUR)
    10.35
  • DAILY YTD RETURN
    -1.80%
  • TOTAL NET ASSETS (USD)
    179 MM
    (as of 31/07/2018)
  • TOTAL NET ASSETS (USD)
    179 MM
    (as of 31/07/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    21/12/2012
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    21/12/2012

Objective

The investment objective of the PIMCO Credit Absolute Return Fund is to seek a positive total return across a variety of market environments, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The Credit Absolute Return Fund is a diversified absolute return-oriented global credit strategy that is not tethered to benchmark-specific guidelines. The fund has significant discretion to allocate across a broad range of global credit sectors, and it is designed to offer the flexibility to actively adjust long and short credit exposures to target opportunities in any market environment while providing proactive downside risk mitigation.

Investor Benefits

The fund targets absolute returns and is designed for investors seeking exposure to credit but with greater flexibility than a more traditional approach. Since the fund is focused on positive returns in all market environments, it may appeal to many types of investors over the long term.

The Fund Advantage

This fund combines an unconstrained absolute return objective, proactive risk management and global diversification. The fund is guided by the full depth and breadth of PIMCO’s global credit investment expertise, which comes from the seamless integration of four decades of experience with robust credit research and a time-tested, forward-looking investment process. This helps the fund to target opportunities across global credit markets and may provide the agility to adjust risk exposures in anticipation of shifting market risks and opportunities.

PRIMARY BENCHMARK

3 Month Euribor

PRIMARY BENCHMARK DESCRIPTION

3 Month Euribor (Euro Interbank Offered Rate) is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the euro wholesale (or interbank) money market. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

21/12/2012

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B95G9K86

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Mark R. Kiesel

CIO Global Credit

View Profile

Yields & Distributions