GIS RAE Fundamental PLUS US Fund

ISIN: IE00BR17KP32

Updated 16 July 2018

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  • DAILY NAV (USD)
    14.44
  • DAILY YTD RETURN
    2.48%
  • TOTAL NET ASSETS (USD)
    127 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    127 MM
    (as of 30/06/2018)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    16/10/2014
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    16/10/2014

Objective

The investment objective is to seek a total return which exceeds that of its benchmark index namely, the S&P 500 Index.

Overview

Fund Description

The PIMCO GIS RAE Fundamental PLUS US Fund is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the S&P 500 Index. Unlike traditional market cap-weighted approaches, the fund selects and weights stocks based on non-price measures of company size. By removing price from the portfolio construction process, the fund seeks to capitalize on market inefficiencies, systematically capturing returns when prices deviate from fundamentals. Additionally, PIMCO’s innovative PLUS™ implementation provides a second source of excess return and diversification potential. This approach simply uses equity-linked instruments to provide investors with full equity exposure, which leaves the bulk of their capital free to be allocated to a complementary bond alpha strategy.

Investor Benefits

This fund offers investors persistent, meaningful potential excess returns over U.S. equity markets without a corresponding increase in volatility.

Potential benefits of this fund include:

  • A broad, diversified exposure to U.S. equity markets
  • Ability to capitalize on market inefficiencies, contra-trading against the market to systematically buy low and sell high
  • Time-tested, rules-based approach provides opportunity for long-term outperformance

The Fund Advantage

In addition to a broad, diversified equity market exposure, the fund provides the potential for meaningful outperformance relative to both the market and passively implemented smart beta index approaches.

PRIMARY BENCHMARK

S&P 500 Index (Net of dividend withholding tax)

PRIMARY BENCHMARK DESCRIPTION

S&P 500 Index (Net of dividend withholding tax) is an unmanaged market index generally considered representative of the stock market as a whole. The Index focuses on the large-cap segment of the U.S. equities market. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

16/10/2014

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BR17KP32

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

Scott A. Mather

CIO U.S. Core Strategies

View Profile

Robert Arnott

Founder and Chairman, Research Affiliates

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/06/2018 3.73%
Current Yield2 as of 30/06/2018 2.26%
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 2.15%

Prices & Performance

Daily Statistics

All data as of 16/07/2018

NAV (USD) 14.44 One Day Return -0.07%
Daily Change (USD) -0.01 Daily YTD Return 2.48%
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 426
P/E Ratio (Forward) 13.31
Weighted Median Market Cap ($US MM) 60,869.48
P/E Ratio (Trailing) 16.55
Weighted Avg Market Cap ($US MM) 142,133.63

Regional Diversification - RAE
Market Value %

Americas 100.00

Top 5 GICS Sector - RAE
Market Value %

Financials 20.24
Information Technology 17.23
Consumer Discretionary 13.64
Health Care 13.30
Industrials 8.86

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 10.97
Sharpe Ratio3 0.79
Information Ratio4 -0.60
Tracking Error5 3.09

Summary Characteristics - CAP
Market Value %

Stocks in Portfolio 500
P/E Ratio (Forward) 17.18
Weighted Median Market Cap ($US MM) 99,600.57
P/E Ratio (Trailing) 21.86
Weighted Avg Market Cap ($US MM) 192,247.65

Regional Diversification - CAP
Market Value %

Americas 100.00

Top 5 GICS Sector - CAP
Market Value %

Information Technology