GIS Global Low Duration Real Return Fund

ISIN: IE00BJ7B9340

Updated 21 June 2018

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  • DAILY NAV (USD)
    9.97
  • DAILY YTD RETURN
    -0.10%
  • TOTAL NET ASSETS (USD)
    1,592 MM
    (as of 31/05/2018)
  • TOTAL NET ASSETS (USD)
    1,592 MM
    (as of 31/05/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    18/02/2014
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    18/02/2014

Objective

The primary investment objective of the Global Low Duration Real Return Fund is to utilize a global inflation-linked bond strategy that seeks to deploy the Investment Advisor's total return investment process and philosophy.

Overview

Fund Description

The Global Low Duration Real Return Fund is an actively managed portfolio of low duration global inflation-linked bonds, primarily issued by developed governments such as the US, UK, France, Germany, Australia and Japan. 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, low duration, consistent real returns, low volatility, portfolio diversification and a broad opportunity set.

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

Bloomberg Barclays World Govt ILB 1‑5yr Index (USD Hedged)

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays World Government Inflation-Linked Bond 1-5 Year Index (USD Hedged) measures the performance of the world government inflation-linked bond market having a maturity of at least 1 year and less than 5 years. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

18/02/2014

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BJ7B9340

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Mihir P. Worah

CIO Asset Allocation and Real Return

View Profile

Nicholas J. Johnson

Portfolio Manager, Commodities

View Profile

Jeremie Banet

Portfolio Manager, Real Return

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/05/2018 3.54%
Current Yield2 as of 31/05/2018 1.37%
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 1.39%

Prices & Performance

Daily Statistics

All data as of 21/06/2018

NAV (USD) 9.97 One Day Return 0.00%
Daily Change (USD) 0.00 Daily YTD Return -0.10%
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 11.82
1-3 yrs 53.52
3-5 yrs 31.85
5-10 yrs 8.42
10-20 yrs 0.70
20+ yrs -6.30
Effective Maturity (yrs) 1.21

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 1.48
Sharpe Ratio3 -0.18
Information Ratio4 -1.17
Tracking Error5 0.97

Top 10 Country by Currency of Settlement (DWE%)

United States 78.41
Germany 13.32
Italy 8.65
Canada 3.98