GIS Global Advantage Real Return Fund

ISIN: IE00B95KXD17

Updated 24 May 2018

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  • DAILY NAV (EUR)
    9.05
  • DAILY YTD RETURN
    -2.37%
  • TOTAL NET ASSETS (USD)
    122 MM
    (as of 30/04/2018)
  • TOTAL NET ASSETS (USD)
    122 MM
    (as of 30/04/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    21/12/2012
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    21/12/2012

Objective

The investment objective of the Global Advantage Real Return Fund is to seek to maximise real return, consistent with preservation of real capital and prudent investment management.

Overview

Fund Description

The Global Advantage Real Return Strategy Fund is an actively managed portfolio of intermediate duration, global inflation-linked bonds benchmarked to the GDP weighted PIMCO Global Advantage Inflation-Linked Bond Index. The fund invests in inflation-linked bonds issued by developed and emerging market sovereign issuers. The fund may also have limited tactical holdings, including nominal government, mortgage, corporate or money market securities.

Investor Benefits

This fund offers a hedge against inflation and a broad opportunity set to enhance real returns by capitalising on opportunities generated by the secular macroeconomic shifts in the global economy.

The Fund Advantage

The fund seeks to outperform its benchmark by employing PIMCO’s proven investment process and industry-leading, global, inflation-linked bond expertise.

PRIMARY BENCHMARK

PIMCO Global Advantage Inflation‑Linked Bond Index (EUR Partial Hedged)

PRIMARY BENCHMARK DESCRIPTION

PIMCO Global Advantage Inflation-Linked Bond Index (EUR Partial Hedged). The PIMCO GLADI ILB represents the global bond market for inflation-linked government debt encompassing both developed and emerging markets. The index adheres to the principals of the PIMCO Global Advantage Indices when applicable to the global inflation-linked bond market.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

21/12/2012

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B95KXD17

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

Mihir P. Worah

CIO Asset Allocation and Real Return

View Profile

Nicholas J. Johnson

Porfolio Manager, Commodities

View Profile

Jeremie Banet

Portfolio Manager, Real Return

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2018 5.13%
Current Yield2 as of 30/04/2018 1.51%
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 1.59%

Prices & Performance

Daily Statistics

All data as of 24/05/2018

NAV (EUR) 9.05 One Day Return -0.11%
Daily Change (EUR) -0.01 Daily YTD Return -2.37%
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 12.66
1-3 yrs -20.99
3-5 yrs 22.95
5-10 yrs 60.85
10-20 yrs 12.78
20+ yrs 11.74
Effective Maturity (yrs) 8.96

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 5.67
Sharpe Ratio3 -0.42
Information Ratio4 -0.75
Tracking Error5 1.47

Sector Allocation
Market Value %

Government Related6 34.80
United Kingdom -5.77
Australia 3.42
EMU 18.71
Japan 3.50
United States 3.66
Other 11.28
Mortgage 20.34
United Kingdom