GIS RAE Fundamental US Fund

ISIN: IE00BWX4B656

Updated 16 July 2018

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  • DAILY NAV (EUR)
    12.17
  • DAILY YTD RETURN
    4.73%
  • TOTAL NET ASSETS (USD)
    13 MM
    (as of 30/06/2018)
  • TOTAL NET ASSETS (USD)
    13 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 S&P 500 Index.

Overview

Fund Description

PIMCO RAE Fundamental US is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the S&P 500 Index. The fund gains a diversified exposure to the U.S. equity market 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 S&P 500 Index.

The Fund Advantage

The fund seeks to outperform the S&P 500 Index through a unique approach that capitalises on observable market inefficiencies.

PRIMARY BENCHMARK

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

PRIMARY BENCHMARK DESCRIPTION

The S&P 500 (EUR Unhedged) 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

30/06/2015

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BWX4B656

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

No

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 1.25%
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 16/07/2018

NAV (EUR) 12.17 One Day Return -0.33%
Daily Change (EUR) -0.04 Daily YTD Return 4.73%
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 388
P/E Ratio (Forward) 13.30
Weighted Median Market Cap ($US MM) 60,182.56
Active Share (%) 46.21
P/E Ratio (Trailing) 16.53
Weighted Avg Market Cap ($US MM) 142,209.65

Top 5 GICS Sector - RAE
Market Value %

Financials 19.00
Information Technology 16.88
Consumer Discretionary 13.96
Health Care 13.91
Industrials 8.98

Regional Diversification - RAE
Market Value %

Americas 99.46
Liabilities 0.54
EMEA 0.00

Risk Characteristics
(Trailing 3 Years)

Standard Deviation 11.50
Sharpe Ratio3 0.52
Beta4 0.95
R-Squared5 0.94
Portfolio Composition Footnotes & Disclosures

disclosures

3The Sharpe Ratio measures the risk-adjusted performance. The risk-free rate is subtracted from the rate of return for a portfolio and the result is divided by the standard deviation of the portfolio returns.
4Beta measures the market related volatility of a portfolio. The beta of the market is 1 by definition. A beta greater than 1 indicates that a portfolios market risk is greater than the overall markets, while a beta less than 1 indicates a lower market risk. It is important to note that having a low market risk does not necessarily imply low volatility. A portfolio may have a low beta while experiencing volatility due to factors independent of the market.
5R-squared measures the percentage of a portfolio's movements that are explained by movements in the overall market. Standard deviation is an absolute measure of volatility measuring dispersion about an average which, for a mutual fund, depicts how widely the returns varied over a certain period of time.

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