GIS Emerging Markets 2018 Fund

ISIN: IE00BQPWCZ17

Updated 19 July 2018

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  • DAILY NAV (EUR)
    10.70
  • DAILY YTD RETURN
    -0.74%
  • TOTAL NET ASSETS (USD)
    66 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    66 MM
    (as of 30/06/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/10/2014
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/10/2014

Objective

The investment objective of Emerging Market 2018 Fund is to seek maximum total return, consistent with prudent investment management and the Fund Maturity Date.

Overview

Fund Description

Emerging Markets 2018 Fund seeks to maximize total return by investing in a diverse portfolio consisting primarily of hard currency-denominated fixed income securities from issuers in, or economically tied to, emerging or developing countries. Fixed income may be issued by sovereign, quasisovereign and corporate issuers and are maturing on or around the Final Maturity Date of the fund.

Investor Benefits

This Fund offers efficient exposure to emerging markets with a more predictable rate of return than the traditional benchmark-oriented strategies if held till maturity. The fund is a diversified portfolio across multiple issuers, countries and sectors and if held to maturity, reduces the impact from rising bond yields.

The Fund Advantage

The Fund employs PIMCO’s proven investment process and industry-leading, global, emerging markets expertise to minimize the risk of defaults and achieve its expected return.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

31/10/2014

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BQPWCZ17

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

Francesc Balcells

Portfolio Manager, Emerging Markets

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2018 4.43%
Current Yield2 as of 30/06/2018 4.58%
Yields & Distributions Footnotes & Disclosures

disclosures

1PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in the PIMCO's Portfolio Analytics database, PIMCO pulls the security's yield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data.
2The estimate of current yield is based on PIMCO's best judgment for the securities in the portfolio on the date shown. PIMCO makes no representation on the accuracy or the methodology used.

Fees & Expenses

The Redemption Fee is 1.00% p.a. Redemption fee is retained by the fund for the benefit of remaining shareholders and may be increased during extreme market conditions up to 3%.
Unified Fee 1.30%

Prices & Performance

Daily Statistics

All data as of 19/07/2018

NAV (EUR) 10.70 One Day Return 0.00%
Daily Change (EUR) 0.00 Daily YTD Return -0.74%
Click here to view Historical Prices
  • Average Annual Returns
  • Cumulative Returns

All data as of

  • Daily
  • Month End

All data as of

  • Daily
  • Month End

Performance quoted represents past performance and is not a guarantee or a reliable indicator of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Current performance may be lower or higher than average annual returns shown.

Calendar Year Returns %

All data as of

Growth of $10,000 (hypothetical)

Morningstar Ratings

Prices & Performance Footnotes & Disclosures

disclosures

Performance quoted represents past performance. Past performance is not a guarantee or a reliable indicator of future results. Current performance may be lower or higher than performance shown. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Performance data current to the most recent month-end is available by calling +44 203 3640 1552.
A rating is not a recommendation to buy, sell or hold a fund. © 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For more detailed information about Morningstar Rating, including its methodology, please go to: The Morningstar Rating Methodology.

Portfolio Composition

All data as of unless otherwise stated

Maturity %

0-3 mos 39.49
3-6 mos 32.22
6-9 mos 3.33
9-12 mos 15.26
1-3 yrs 9.70
3-5 yrs 0.00
5-10 yrs 0.00
10-20 yrs 0.00
20+ yrs 0.00
Effective Maturity (yrs) 0.44

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 2.95
Sharpe Ratio3 0.45

Top 10 Direct EM Country Exposure (DWE%)

Turkey 22.53
Euro Currency 20.89
Russia 13.93
Kenya 11.52
India 8.95
United Arab Emirates 8.27
Brazil 7.87
Peru 6.14
State of Qatar 4.31
Ireland 3.88

Duration %

<0 yrs 0.00
0-3 mos 9.32
3-6 mos 24.88
6-9 mos 6.03
9-12 mos 30.57
1-3 yrs 29.20
Effective Duration (yrs) 0.40
3-5 yrs