GIS RAE PLUS Global Developed Fund

ISIN: IE00BQQP5837

Updated 16 November 2018

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  • DAILY NAV (EUR)
    11.58
  • DAILY YTD RETURN
    -5.31%
  • TOTAL NET ASSETS (USD)
    246 MM
    (as of 31/10/2018)
  • TOTAL NET ASSETS (USD)
    246 MM
    (as of 31/10/2018)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    22/09/2014
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    22/09/2014

Objective

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

Overview

Prior to 1 October 2018, the PIMCO RAE PLUS Global Developed Fund was named the PIMCO RAE Fundamental PLUS Global Developed Fund.

Fund Description

The PIMCO GIS RAE PLUS Global Developed Fund is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the MSCI World 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 Global Developed equity markets without a corresponding increase in volatility. Potential benefits of this fund include:

  • A broad, diversified exposure to Global Developed equity markets
  • Ability to capitalize on market inefficiencies, contratrading 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 World (Euro Hedged) Index

PRIMARY BENCHMARK DESCRIPTION

The MSCI World (Euro Hedged) Index 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.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

22/09/2014

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BQQP5837

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

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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