GIS Global Investment Grade Credit ESG Fund

ISIN: IE00BFZ89957

Updated 09 November 2018

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  • DAILY NAV (USD)
    9.94
  • DAILY YTD RETURN
    -
  • TOTAL NET ASSETS (USD)
    24 MM
    (as of 31/10/2018)
  • TOTAL NET ASSETS (USD)
    24 MM
    (as of 31/10/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/09/2018
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/09/2018

Objective

The investment objective of the Global Investment Grade Credit ESG Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

Overview

FUND DESCRIPTION

The Global Investment Grade Credit ESG Fund is an actively managed portfolio that invests primarily in investment grade global corporate instruments, while delivering positive environmental and social benefits. The fund is diversified broadly across industries, issuers, and regions on the basis of PIMCO’s top-down, bottom-up and internal ESG screening process which includes ESG exclusions, evaluation and engagement decisions.

INVESTOR BENEFITS

The fund offers the potential for investors to achieve returns consistent with other core bond strategies while also making a positive environmental and social impact.

FUND ADVANTAGE

The fund looks to benefit from the PIMCO investment process, which combines our global top-down views on the macroeconomic environment with independent bottom-up analysis. The PIMCO investment team has the experience and depth to actively manage a broad and diversified opportunity set. The fund will also favor issuers with best-in-class ESG practices and those who are working to enhance them.

PRIMARY BENCHMARK

Bloomberg Barclays Global Aggregate Credit Index (USD Hedged)

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays Global Aggregate Credit Index (USD Hedged) is an unmanaged Index that provides a broad- based measure of the global investment- grade fixed income markets. The three major components of this index are the U. S. Aggregate, the Pan- European Aggregate, and the Asian- Pacific Aggregate Indices. This index excludes Government and Securitized Securities. The index also includes Eurodollar and Euro- Yen corporate bonds, Canadian securities, and USD investment grade 144A securities. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

28/09/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BFZ89957

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

No

RELATED

Managers

Jelle Brons

Portfolio Manager, Global Corporate Bonds

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Mark R. Kiesel

CIO Global Credit

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Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

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Mike Amey

Head of Sterling Portfolio Management and ESG Strategies

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/10/2018 4.30%
Current Yield2 as of 31/10/2018 2.93%
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 0.52%

Prices & Performance

Daily Statistics

All data as of 09/11/2018

NAV (USD) 9.94 One Day Return 0.10%
Daily Change (USD) 0.01 Daily Since Inception Return -0.60%
Click here to view Historical Prices

All data as of

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