GIS Inflation Strategy Fund

ISIN: IE00B8JZPJ59

Updated 19 July 2018

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  • DAILY NAV (USD)
    8.76
  • DAILY YTD RETURN
    -2.23%
  • TOTAL NET ASSETS (USD)
    90 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    90 MM
    (as of 30/06/2018)
  • CLASS
    Multi Asset
  • CLASS INCEPTION DATE
    14/02/2013
  • CLASS
    Multi Asset
  • CLASS INCEPTION DATE
    14/02/2013

Objective

The investment objective of the Fund is to preserve the real value of capital through prudent investment management. The Fund will be managed actively and will predominantly invest in a diversified portfolio of inflation-related assets.

Overview

Fund Description

The Inflation Strategy Fund is a comprehensive real return asset allocation solution designed to hedge global inflation risks while targeting enhanced after inflation return. It invests actively in global inflation-linked bonds, commodities, emerging market (EM) currencies, real estate and gold. In addition, tail risk hedging strategies are used to limit the impact of periodic market stresses that may affect inflation-related assets.

Investor Benefits

The potential benefits of the Inflation Strategy Fund include:

  • Strategic allocation to a comprehensive set of real assets, enhanced by active management of these assets.
  • Portfolio diversification relative to a traditional portfolio comprising stocks and bonds
  • Robust risk diversification and management, including strategies to explicitly hedge against systemic market risks

The Fund Advantage

The fund combines top-down macroeconomic views from PIMCO’s Global Investment Committee and Asset Allocation Committee with bottom-up relative value ideas from the specialist Real Return team.

PRIMARY BENCHMARK

45% BBG Barclays Global Inflation Linked 1‑30yrs Index (USD hedged), 15% BBG Barclays Emerging Market Government ILB Index (USD unhedged), 10% BBG Commodity TR Index, 10% FTSE NAREIT Global Real Estate Developed TR Index (USD unhedged), 15% Alerian MLP TR Index, 5% BBG Gold Subindex TR

PRIMARY BENCHMARK DESCRIPTION

The benchmark is a blend of 45% Bloomberg Barclays Global Inflation Linked 1-30yrs Index (USD hedged), 15% Bloomberg Barclays Emerging Market Government ILB Index (USD unhedged), 10% Bloomberg Commodity Total Return Index, 10% FTSE NAREIT Global Real Estate Developed Total Return Index (USD unhedged), 15% Alerian MLP Total Return Index and 5% Bloomberg Gold Subindex Total Return Index. The Bloomberg Barclays Global Inflation Linked 1-30yrs Index measures the performance of the major developed market government inflation-linked bond markets. It is market capitalization weighted and includes maturities up to 30 years. The Bloomberg Barclays Emerging Market Government ILB Index measures the performance of the major emerging market government inflation-linked bond markets and is market capitalization weighted. The Bloomberg Commodity Total Return Index is an unmanaged index composed of futures contracts on a number of physical commodities. The index is designed to be a highly liquid and diversified benchmark for commodities as an asset class. The FTSE NAREIT Global Real Estate Developed Total Return Index is a free-float adjusted, market capitalization-weighted index designed to track the performance of listed real estate companies worldwide. The Alerian MLP Total Return Index is a float-adjusted, capitalization-weighted index and the leading gauge of large and mid-cap energy master limited partnerships (MLPs). The Bloomberg Gold Subindex Total Return Index reflects the return on fully collateralized positions in the underlying commodity futures.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

14/02/2013

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B8JZPJ59

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 30/06/2018 4.07%
Current Yield2 as of 30/06/2018 1.35%
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 2.10%

Prices & Performance

Daily Statistics

All data as of 19/07/2018

NAV (USD) 8.76 One Day Return 0.34%
Daily Change (USD) 0.03 Daily YTD Return -2.23%
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

Asset Allocation Market Value %

Inflation Linked Bonds 48.39
Commodities 12.71
REITS 10.10
Alerian MLP Index 12.61
Precious Metals 5.71

Top 10 Country by Currency of Settlement (FX%)

United States 81.96
Brazil 6.63
Japan 3.25
Mexico 2.79
Turkey 1.34