GIS Global Libor Plus Bond Fund

ISIN: IE00BFFXNY35

Updated 25 May 2018

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  • DAILY NAV (USD)
    10.00
  • DAILY YTD RETURN
    -
  • TOTAL NET ASSETS (USD)
    692 MM
    (as of 30/04/2018)
  • TOTAL NET ASSETS (USD)
    692 MM
    (as of 30/04/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/01/2018
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/01/2018

Objective

The fund seeks to maximise long term return, consistent with preservation of capital and prudent investment management. The fund is an absolute return orientated global fixed income strategy. The fund will seek to achieve returns in excess of the 1 month USD Libor (a measure of return in money market securities) over the medium to long term.

Overview

Fund Description

The PIMCO Global Libor Plus Bond Fund is an absolute return-oriented low duration high quality bond strategy. It seeks to provide consistent outperformance relative to traditional money market investments in a conservative and diversified manner. The fund utilizes PIMCO’s global secular forecast and integrated investment process across multiple sectors with duration that may range from -1 to +5 years.

Investor Benefits

The fund aims to offer attractive risk-adjusted return, with a focus on capital preservation and strong diversification potential within an overall portfolio context.

The Fund Advantage

The fund’s broader investment discretion to adjust duration exposure, allocate across sectors and express other active views offers flexibility to generate attractive risk-adjusted returns.

PRIMARY BENCHMARK

1 Month USD LIBOR Index

PRIMARY BENCHMARK DESCRIPTION

1 Month USD LIBOR (London Interbank Offered Rate) Index is an average interest rate, determined by the ICE Benchmark Administration, that banks charge one another for the use of short-term money in England's Eurodollar market. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

30/01/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BFFXNY35

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

Marc P. Seidner

CIO Non-traditional Strategies

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Mike Amey

Head of Sterling Portfolio Management and ESG Strategies

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Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2018 4.12%
Current Yield2 as of 30/04/2018 2.57%
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 0.84%

Prices & Performance

Daily Statistics

All data as of 25/05/2018

NAV (USD) 10.00 One Day Return 0.10%
Daily Change (USD) 0.01 Daily Since Inception Return 0.00%
Click here to view Historical Prices

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.

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 35.97
1-3 yrs 11.38
3-5 yrs 32.34
5-10 yrs 23.90
10-20 yrs -1.04
20+ yrs -2.55
Effective Maturity (yrs) 2.25

Sector Allocation - Duration in Years

Government Related3 -0.13
Mortgage 0.89
Invest. Grade Credit 0.47
High Yield Credit 0.17
Emerging Markets4 0.16
Municipal/Other5 0.03
Net Other Short Duration Instruments6 0.07

Top 10 Country by Currency of Settlement (FX%)

Argentina 1.17
Russia 0.90
Egypt 0.46
Turkey 0.44
Australia -0.40
Canada -0.44
Japan -0.46
Taiwan -0.73
Singapore -0.73
Euro Currency -2.60

Duration Yrs

0-1 yrs 0.09
1-3 yrs 0.22
3-5 yrs 1.97
5-7 yrs 0.89
7-8 yrs 0.17
8-10 yrs -0.97
10+ yrs -0.71
Effective Duration (yrs) 1.65

Top 10 Country by Currency of Settlement (Duration in Yrs)

United States 2.66
European Union 0.06
Mexico 0.05
Netherlands 0.02
Spain 0.01
Germany 0.01
Luxembourg 0.01
United Kingdom -0.30
Italy -0.41
Japan -0.46