GIS Low Duration Global Investment Grade Credit Fund

ISIN: IE00BJTCP712

Updated 24 September 2018

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  • DAILY NAV (EUR)
    10.00
  • DAILY YTD RETURN
    -2.25%
  • TOTAL NET ASSETS (USD)
    550 MM
    (as of 31/08/2018)
  • TOTAL NET ASSETS (USD)
    550 MM
    (as of 31/08/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/02/2014
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/02/2014

Objective

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

Overview

Fund Description

The PIMCO GIS Low Duration Global Investment Grade Credit Fund is an actively managed portfolio of primarily short-dated investment grade credit instruments. Portfolio duration may vary between 0-4 years and may invest up to 15% of assets in below-investment grade.

Investor Benefits

The fund is designed for investors seeking exposure to credit but with less sensitivity to interest rate risk than a traditional global credit strategy. Potential benefits include a lower duration versus traditional global credit strategies, enhanced yield relative to government bonds, PIMCO’s forward-looking investment process and a diversification across a broad set of regions and industries.

The Fund Advantage

The fund benefits from PIMCO’s global credit investment expertise, which seamlessly integrates four decades of experience with robust credit research and a time-tested, forward-looking investment process. This helps the fund to target opportunities across geographies, industries and issuers.

PRIMARY BENCHMARK

Bloomberg Barclays Global Aggregate Credit 1‑5 Yrs Index (EUR Hedged)

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays Global Aggregate Credit Index 1-5 Years Index (EUR Hedged) is an unmanaged Index that provides a broad-based measure of the global investment-grade fixed income markets having a maturity of at least 1 year and less than 5 years. 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

28/02/2014

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BJTCP712

TICKER

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SHARE CLASS CURRENCY

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Mark R. Kiesel

CIO Global Credit

View Profile

Yields & Distributions