GIS RAE Fundamental Global Developed Fund

ISIN: IE00BWX49T46

Updated 19 July 2018

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  • DAILY NAV (EUR)
    11.69
  • DAILY YTD RETURN
    1.92%
  • TOTAL NET ASSETS (USD)
    71 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    71 MM
    (as of 30/06/2018)
  • 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 World Index.

Overview

Fund Description

PIMCO RAE Fundamental Global Developed is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the MSCI World Index. The fund gains a diversified exposure to the developed markets efficiently by selecting and weighting stocks based on non-price 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 World Index.

The Fund Advantage

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

PRIMARY BENCHMARK

MSCI World Index (EUR Unhedged)

PRIMARY BENCHMARK DESCRIPTION

The MSCI World Index (EUR Unhedged) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The MSCI World Index consists of 23 developed market country indices. 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

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BASE CURRENCY

ISIN

IE00BWX49T46

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

Yes

RELATED

Managers

Robert Arnott

Founder and Chairman, Research Affiliates

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Christopher J. Brightman

Chief Investment Officer, Research Affiliates

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2018 0.01%
Current Yield2 as of 30/06/2018 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 Fee 1.35%
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.
Fees & Expenses Footnotes & Disclosures

disclosures

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 19/07/2018

NAV (EUR) 11.69 One Day Return -0.17%
Daily Change (EUR) -0.02 Daily YTD Return 1.92%
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 826
P/E Ratio (Forward) 12.21
Weighted Median Market Cap ($US MM) 40,014.99
Active Share (%) 48.80
P/E Ratio (Trailing) 13.87
Weighted Avg Market Cap ($US MM) 96,912.87

Regional Diversification - Index
Market Value %

Americas 64.48
EMEA 22.70
Asia Pacific 11.63
Emerging Markets 1.19

Top 5 GICS Sector - Index
Market Value %

Information Technology 18.51
Financials 16.82
Consumer Discretionary 12.71
Health Care 12.15
Industrials 11.19

Regional Diversification - RAE
Market Value %

Americas 54.54
EMEA 28.91
Asia Pacific 15.53
Emerging Markets 0.82
Liabilities 0.20