GIS Emerging Local Bond Fund

ISIN: IE00B3X5K799

Updated 19 September 2018

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  • DAILY NAV (EUR)
    10.47
  • DAILY YTD RETURN
    -8.48%
  • TOTAL NET ASSETS (USD)
    2,207 MM
    (as of 31/08/2018)
  • TOTAL NET ASSETS (USD)
    2,207 MM
    (as of 31/08/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    02/03/2011
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    02/03/2011

Objective

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

Overview

Fund Description

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

Investor Benefits

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

The Fund Advantage

The fund leverages PIMCO’s disciplined investment process and expertise in local market inefficiencies to overcome complex investment entry barriers.

PRIMARY BENCHMARK

JPMorgan Government Bond Index‑Emerging Markets Global Diversified Index (EUR Unhedged)

PRIMARY BENCHMARK DESCRIPTION

JPMorgan Government Bond Index-Emerging Markets Global Diversified
Index (EUR 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

02/03/2011

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B3X5K799

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

RELATED

Managers

Michael A. Gomez

Head of Emerging Markets Portfolio Management

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Francesc Balcells

Portfolio Manager, Emerging Markets

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