GIS Emerging Local Bond Fund

ISIN: IE00B29K0P99

Updated 25 September 2020

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  • DAILY NAV (USD)
    13.21
  • DAILY YTD RETURN
    -7.04%
  • TOTAL NET ASSETS (USD)
    2,156 MM
    (as of 31/08/2020)
  • TOTAL NET ASSETS (USD)
    2,156 MM
    (as of 31/08/2020)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    11/12/2007
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    11/12/2007

Objective

The investment objective of the Emerging Local Bond Fund is to seek to maximise total return, consistent with prudent investment management.

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Overview

Fund Description

The Emerging Local Bond Fund offers efficient exposure tofast growing emerging markets by investing 80% of itsassets in fixed income securities denominated in the localcurrencies of emerging countries. The fund may usederivatives such as options, futures, or swaps, and may ormay not hedge its exposure to non-US currencies.

Investor Benefits

This fund offers exposure to high interest rates in EMcountries and to appreciation of EM currencies, with a lowcorrelation to other asset classes.

The Fund Advantage

The fund leverages PIMCO’s disciplined investment processand expertise in local market inefficiencies to overcomecomplex investment entry barriers.

BENCHMARK

J.P. Morgan Government Bond Index‑Emerging Markets Global Diversified Index (Unhedged)

BENCHMARK DESCRIPTION

JPMorgan Government Bond Index-Emerging Markets Global Diversified Index (Unhedged) is a comprehensive global local emerging markets index, and consists of regularly traded, liquid fixed-rate, domestic currency government bonds to which international investors can gain exposure. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

11/12/2007

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B29K0P99

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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WKN

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VAG Compliance

Traspasable

Yes

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