GIS Emerging Markets Short-Term Local Currency Fund

ISIN: IE00B1FHFN09

Updated 25 September 2020

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  • DAILY NAV (USD)
    13.44
  • DAILY YTD RETURN
    -4.95%
  • TOTAL NET ASSETS (USD)
    77 MM
    (as of 31/08/2020)
  • TOTAL NET ASSETS (USD)
    77 MM
    (as of 31/08/2020)
  • 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.

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Overview

Fund Description

The Emerging Markets Short-Term Local Currency Fundoffers efficient exposure to fast growing emerging marketsby investing at least 80% of its assets in currencies and inshort-duration bonds, denominated in the currencies ofdeveloping countries. The fund may invest directly incurrencies or bonds, or use derivatives to replicateinvestment 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 processand expertise in local market inefficiencies to overcomecomplex investment entry barriers.

BENCHMARK

J.P. Morgan Emerging Local Markets Index Plus (Unhedged)

BENCHMARK DESCRIPTION

J.P. Morgan 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

RELATED

Managers

Pramol Dhawan

Head of Emerging Markets Portfolio Management

View Profile for Pramol Dhawan

Ismael Orenstein

Portfolio Manager, Emerging Markets

View Profile for Ismael Orenstein

Michael Davidson

View Profile for Michael Davidson