GIS Global Advantage Fund

ISIN: IE00B3ZJ6C68

Updated 19 July 2018

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  • DAILY NAV (USD)
    10.82
  • DAILY YTD RETURN
    -2.79%
  • TOTAL NET ASSETS (USD)
    746 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    746 MM
    (as of 30/06/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    10/12/2010
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    10/12/2010

Objective

The investment objective of the Global Advantage Fund is to seek maximum long-term return, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The Global Advantage Fund is an actively managed, developed and developing market fixed income portfolio benchmarked to the GDP weighted Global Advantage Bond Index (GLADI). The fund offers cash and derivative exposure to the full range of fixed income opportunities -developed and emerging market sovereign bonds, nominal and inflation-protected assets, corporates and securitized securities, and currencies

Investor Benefits

The fund offers fixed income investors a strategic platform for seizing opportunities produced by secular shifts in the global economy.

The Fund Advantage

The fund seeks to combine the returns of GLADI with PIMCO’s unique alpha seeking strategies, long-term focus and expertise in active management.

PRIMARY BENCHMARK

PIMCO Global Advantage Bond Index (GLADI) (London Close)

PRIMARY BENCHMARK DESCRIPTION

The PIMCO Global Advantage Bond Index (GLADI) (London Close) is a diversified global index that covers a wide spectrum of global fixed income opportunities and sectors, from developed to emerging markets, nominal to real asset, and cash to derivative instruments. Unlike traditional indices, which are frequently comprised of bonds weighted according to their market capitalization, GLADI uses GDP-weighting which puts an emphasis on faster-growing areas of the world and thus makes the index forward-looking in nature. PIMCO's GLADI methodology is intellectual property covered by U.S. Patent No. 8,306,892. GLOBAL ADVANTAGE and GLADI are trademarks of Pacific Investment Management Company LLC. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

10/12/2010

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B3ZJ6C68

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Sachin Gupta

Head of Global Portfolio Management Desk

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Andrew Balls

CIO Global Fixed Income

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Pramol Dhawan

Portfolio Manager, Emerging Markets

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2018 4.09%
Current Yield2 as of 30/06/2018 2.84%
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

Unified Fee 1.70%

Prices & Performance

Daily Statistics

All data as of 19/07/2018

NAV (USD) 10.82 One Day Return -0.18%
Daily Change (USD) -0.02 Daily YTD Return -2.79%
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 %

0-1 yrs 22.34
1-3 yrs -11.20
3-5 yrs 42.95
5-10 yrs 26.39
10-20 yrs 13.37
20+ yrs 6.14
Effective Maturity (yrs) 6.72

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 5.45
Sharpe Ratio3 0.29
Information Ratio4 0.05
Tracking Error5 1.25

Top 10 Country by Currency of Settlement (DWE%)

United States 54.70
European Union 35.79
Germany 10.83
Denmark 4.57
Sweden 4.20