GIS Emerging Markets Short-Term Local Currency Fund

ISIN: IE00B600QL41

Updated 21 September 2018

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  • DAILY NAV (EUR)
    12.29
  • DAILY YTD RETURN
    -4.13%
  • TOTAL NET ASSETS (USD)
    53 MM
    (as of 31/08/2018)
  • TOTAL NET ASSETS (USD)
    53 MM
    (as of 31/08/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    02/07/2009
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    02/07/2009

Objective

The investment objective of the Emerging Markets Short-Term Local Currency Fund is to seek maximum total return consistent with the preservation of capital and prudent investment management.

Overview

Fund Description

The Emerging Markets Short-Term Local Currency Fund offers efficient exposure to fast growing emerging markets by investing at least 80% of its assets in currencies and in short-duration bonds, denominated in the currencies of developing countries. The fund may invest directly in currencies or bonds, or use derivatives to replicate investment returns.

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 Emerging Local Markets Index Plus (EUR Unhedged)

PRIMARY BENCHMARK DESCRIPTION

JPMorgan Emerging Local Markets Index Plus (EUR Unhedged) tracks total returns for
local-currency-denominated money market instruments in 22 emerging markets countries with at least US$10 billion of external trade. It is not possible to invest
directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

02/07/2009

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B600QL41

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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Pramol Dhawan

Portfolio Manager, Emerging Markets

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Yields & Distributions