GIS RAE Fundamental Europe Fund

ISIN: IE00BWX4BG58

Updated 25 May 2018

Loading...

  • {{ currentShareClassCode }}

  • DAILY NAV (EUR)
    10.85
  • DAILY YTD RETURN
    0.37%
  • TOTAL NET ASSETS (EUR)
    19 MM
    (as of 30/04/2018)
  • TOTAL NET ASSETS (EUR)
    19 MM
    (as of 30/04/2018)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    30/06/2015
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    30/06/2015

Objective

The investment objective is to seek a total return which exceeds that of its benchmark index, namely the MSCI Europe Index.

Overview

Fund Description

PIMCO RAE Fundamental Europe is a fundamentallyweighted, smart beta-based equity strategy that aims to outperform the MSCI Europe Index. The fund gains a diversified exposure to the European equity market efficiently by selecting and weighting stocks based on nonprice measures of company size (e.g. cash flows, dividends) and then applies additional enhancements designed to improve risk-adjusted returns.

Investor Benefits

The fund provides investors with a broad, diversified equity market exposure, with the potential for meaningful outperformance over the MSCI Europe Index.

The Fund Advantage

The fund seeks to outperform the MSCI Europe Index through a unique approach that capitalises on observable market inefficiencies.

PRIMARY BENCHMARK

MSCI Europe Index

PRIMARY BENCHMARK DESCRIPTION

The MSCI Europe Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed markets in Europe. Since June 2007, the MSCI Europe Index consisted of 16 developed market country indices. The index represents the unhedged performance of the constituent stocks in euros. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

30/06/2015

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

{{ overviewDataJSON.oldest_shareclass_inception_date }}

BASE CURRENCY

ISIN

IE00BWX4BG58

TICKER

{{ overviewDataJSON.symbol }}

SEDOL

{{ overviewDataJSON.sedol }}

SHARE CLASS CURRENCY

CUSIP

{{ overviewDataJSON.cusip }}

VALOREN

{{ overviewDataJSON.valoren }}

WKN

{{ overviewDataJSON.wkn }}

VAG Compliance

Traspasable

No

RELATED

Managers

Robert Arnott

Founder and Chairman, Research Affiliates

View Profile

Christopher J. Brightman

Chief Investment Officer, Research Affiliates

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2018 0.00%
Current Yield2 as of 30/04/2018 0.00%
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 Fee3 1.30%
Fees & Expenses Footnotes & Disclosures

disclosures

3The Unified Management fee takes account of a fee waiver in the amount of 0.10% p.a. until 30 Jun 2016. The fee waiver will expire from 01 Jul 2016.
The Unified Management fee takes account of a fee waiver in the amount of 0.1% p.a. until 30 Jun 2018. The fee waiver will expire from 01 Jul 2018.

Prices & Performance

Daily Statistics

All data as of 25/05/2018

NAV (EUR) 10.85 One Day Return -0.37%
Daily Change (EUR) -0.04 Daily YTD Return 0.37%
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

Summary Characteristics - RAE
Market Value %

Stocks in Portfolio 343
P/E Ratio (Forward) 12.32
Weighted Median Market Cap ($US MM) 28,819.92
Active Share (%) 44.92
P/E Ratio (Trailing) 14.04
Weighted Avg Market Cap ($US MM) 45,787.20

Country Diversification - RAE
Market Value %

United Kingdom 26.84
France 18.72
Germany 15.11
Switzerland 7.89
Spain 6.78
Italy 5.60
Netherlands 5.47
Sweden 2.87
European Union 2.73
United States 1.36

Top 5 GICS Sector - RAE
Market Value %

Financials 31.33
Industrials 12.09
Consumer Discretionary 12.01
Utilities 8.95
Health Care 8.05

Summary Characteristics - Index
Market Value %

Stocks in Portfolio 434
P/E Ratio (Forward) 14.66
Weighted Median Market Cap ($US MM) 43,500.20
P/E Ratio (Trailing) 16.94
Weighted Avg Market Cap ($US MM) 62,012.78

Country Diversification - Index
Market Value %

<
United Kingdom 27.92
France 17.10
Germany 15.13
Switzerland 11.88
Spain 5.04
Netherlands 4.04
Sweden 4.01
Italy 3.53
Denmark 2.68
European Union 1.86