In pursuing the Fund's investment objective, PIMCO applies a wide range of diverse strategies including Duration analysis, Credit analysis, Relative Value analysis, Sector Allocation and Rotation and individual security selection.

To achieve maximum total return by investing in fixed interest securities predominantly denominated in Australian or New Zealand currencies, and to seek to preserve capital through prudent investment management.

Investment Process

• Supported by a deep global presence, the Fund capitalises on PIMCO's thought leadership and time-tested investment process, which guide portfolio construction via a top-down macroeconomic outlook and rigorous bottom-up credit analysis.

Expertise

• PIMCO is one of the largest fixed interest managers in the world with over 900 investment professionals globally as at 30 June 2022
• Dedicated experienced investment professionals focused on the domestic fixed interest market who provide coverage of active investment opportunities.

Diversification and Active Management 

• With a primary focus on Australian fixed interest, the Fund may provide diversification benefits amongst an allocation to other asset classes, such as equities.
• The Fund aims to provide diversified exposure to various sectors of the Australian fixed interest universe, which can improve riskadjusted returns
• The Fund is actively managed, which allows PIMCO to focus on securities regarded by PIMCO as having the strongest risk versus return attributes and avoid securities that are regarded by PIMCO as having insufficient value or a likelihood of capital loss.

Regular Reporting

• Monthly and quarterly reporting is provided to keep you up to date on your investments. Please note that the RE does not guarantee the repayment of capital or any rate of return or the Fund's investment performance.

Income and Capital Growth Potential

• The Fund seeks to provide a regular income stream by way of quarterly distributions. Distribution amounts will vary from year to year and there may be times when there is no distribution paid. TheRE may change the distribution frequency without notice

The Fund is designed for investors who wish to have Australian focused investments through a mix of Australian dollar denominated fixed income securities and foreign currency denominated debt by Australian issuers.

The PIMCO Australian Focus Fund invests predominantly in securities with high credit ratings and short maturities - typically three years or less - with the primary goal of preserving capital, whilst also aiming to earn yields higher than cash investments.

Investment Objective

To maximize total returns by investing in fixed interest securities issued by either Australian or foreign issuers and denominated in Australian dollars or foreign currency denominated debt issued by Australian issuers.

How we invest your money

Investment Guidelines 

PIMCO has adopted the following guidelines in managing the Fund:

• Duration - The average portfolio Duration of the Fund will vary based on PIMCO's forecast of interest rates and under normal conditions it is expected to range between plus or minus two years versus the Benchmark.

• Credit quality - The Fund will invest predominantly in Investment Grade securities but may in addition invest in below Investment Grade securities in certain circumstances.

Investments Held