GIS Emerging Markets Short-Term Local Currency Fund

ISIN: IE00B1FHFN09

Updated 16 August 2019

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  • DAILY NAV (USD)
    13.49
  • DAILY YTD RETURN
    1.81%
  • TOTAL NET ASSETS (USD)
    78 MM
    (as of 31/07/2019)
  • TOTAL NET ASSETS (USD)
    78 MM
    (as of 31/07/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    29/09/2006
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    29/09/2006

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 EM currencies, with low correlation to developed markets fixed income.

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 (Unhedged)

PRIMARY BENCHMARK DESCRIPTION

JPMorgan Emerging Local Markets Index Plus (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

29/09/2006

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B1FHFN09

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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