GIS Global Investment Grade Credit Fund

ISIN: IE00B8XWMB30

Updated 17 July 2018

Loading...

  • {{ currentShareClassCode }}

  • DAILY NAV (EUR)
    9.61
  • DAILY YTD RETURN
    -2.65%
  • TOTAL NET ASSETS (USD)
    18,989 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    18,989 MM
    (as of 30/06/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/11/2012
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/11/2012

Objective

The investment objective of the Global Investment Grade Credit 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 Fund is an actively managed portfolio that invests at least two-thirds of its assets in primarily investment grade global corporate and credit instruments. Portfolio duration may vary within two years of the benchmark and the fund may tactically invest up to 15% of assets in below-investment grade issues.

Investor Benefits

This fund offers the diversification benefit, yield premium, and greater total return potential of corporate and credit versus government securities.

The Fund Advantage

The fund employs a diversified, risk-controlled, value-based approach to investing, expertise across global bond markets, and a broad opportunity set.

PRIMARY BENCHMARK

Bloomberg Barclays Global Aggregate Credit Index (EUR Hedged)

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays Global Aggregate Credit Index (EUR 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

30/11/2012

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

{{ overviewDataJSON.oldest_shareclass_inception_date }}

BASE CURRENCY

ISIN

IE00B8XWMB30

TICKER

{{ overviewDataJSON.symbol }}

SEDOL

{{ overviewDataJSON.sedol }}

SHARE CLASS CURRENCY

CUSIP

{{ overviewDataJSON.cusip }}

VALOREN

{{ overviewDataJSON.valoren }}

WKN

{{ overviewDataJSON.wkn }}

VAG Compliance

Traspasable

Yes

RELATED

Managers

Mark R. Kiesel

CIO Global Credit

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2018 4.90%
Annualised Distribution Yield as of 30/06/2018 3.34%
Current Yield2 as of 30/06/2018 3.85%
Average Annualised Distribution Yield as of 30/06/2018 3.03%
Latest Dividend Distribution as of 28/06/2018 (EUR) 0.07999
Dividend Distribution (YTD) as of 28/06/2018 (EUR) 0.15512
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 0.76%

Prices & Performance

Daily Statistics

All data as of 17/07/2018

NAV (EUR) 9.61 One Day Return 0.00%
Daily Change (EUR) 0.00 Daily YTD Return -2.65%
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 -5.31
1-3 yrs 10.30
3-5 yrs 35.59
5-10 yrs 51.53
10-20 yrs 1.74
20+ yrs 6.15
Effective Maturity (yrs) 7.75

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 3.11
Sharpe Ratio3 0.44