GIS RAE PLUS Emerging Markets Fund

ISIN: IE00BDS00574

Updated 14 November 2018

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  • DAILY NAV (EUR)
    12.51
  • DAILY YTD RETURN
    -8.62%
  • TOTAL NET ASSETS (USD)
    39 MM
    (as of 31/10/2018)
  • TOTAL NET ASSETS (USD)
    39 MM
    (as of 31/10/2018)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    25/09/2013
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    25/09/2013

Objective

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

Overview

Prior to 1 October 2018, the PIMCO RAE PLUS Emerging Markets Fund was named the PIMCO RAE Fundamental PLUS Emerging Markets Fund.

Fund Description

The PIMCO GIS RAE PLUS Emerging Markets Fund is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the MSCI EM 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 EM equity markets without a corresponding increase in volatility.

Potential benefits of this fund include:

  • A broad, diversified exposure to EM 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

MSCI Emerging Markets Index (EUR Unhedged)

PRIMARY BENCHMARK DESCRIPTION

MSCI (Morgan Stanley Capital International) Emerging Markets Index (EUR Unhedged) is a free float-adjusted market capitalization index that is designed to measure emerging market equity performance. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

25/09/2013

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BDS00574

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

Mohsen Fahmi

Portfolio Manager, Global Fixed Income

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Bryan Tsu

Portfolio Manager, CMBS and CLO

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Robert Arnott

Founder and Chairman, Research Affiliates

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/10/2018 3.70%