PIMCO Global Credit Fund - Wholesale Class
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100044-2023-09-30-02:40.pdf |
FUND MANAGER | PIMCO Australia |
ASX Code | |
APIR | ETL0019AU |
ASSET CLASS | FIXED INTEREST |
INVESTMENT STYLE | A diversified portfolio of predominantly investment grade bonds including corporate, mortgage and asset-backed securities. |
INVESTMENT PROFILE | To achieve maximum total return and to seek to preserve capital through prudent investment management. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 28-04-2004 |
BENCHMARK | Bloomberg Barclays Global Aggregate ex Treasury Index Hedged in Australian dollars |
FUND SIZE | Bloomberg Barclays Global Aggregate ex Treasury Index Hedged in Australian dollars |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.62% p.a. of the NAV of the Fund referable to Institutional Class units |
STRUCTURE |
Benefits
Benefits | To achieve maximum total return by investing in global non treasury fixed interest securities, and to seek to preserve capital through prudent investment management. Expertise
Diversification and Active Management
Income and Capital Growth Potential
Regular Reporting
Risk Level - MediumThere is a medium level risk of loss of investment over one year. Investment in the Fund has the potential to produce medium level returns over the suggested time frame. Investor SuitabilityThe Fund is designed for investors who require a well-diversified exposure to predominantly global non-treasury bond markets, greater long-term performance but with a greater appetite for volatility and risk. |
RISK LEVEL | Low |
INVESTOR SUITABILITY | The Fund is designed for investors who require a well-diversified exposure to predominantly global non-treasury bond markets, greater long-term performance but with a greater appetite for volatility and risk. |
Risks
Title | |
Detail |
Key Features
Supported by a deep global presence, the Fund capitalises on PIMCO's thought leadership and time-tested investment process, which guide portfolio construction via top-down macroeconomic outlook and rigorous bottom-up credit analysis. Investment StrategyIn 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. PIMCO's investment strategy emphasises active decision making with a long-term focus and seeks to avoid extreme swings in Duration or maturity with a view to creating a steady stream of returns. A number of these terms are explained in the Glossary section of the Reference Guide. |
Mandate
How we invest your moneyInvestments HeldThe Fund invests in a diversified portfolio of predominantly Investment Grade bonds including corporate, mortgage and asset- backed securities. The Fund may invest a portion of its assets in below Investment Grade and emerging market securities. The Fund may also hold cash and Derivatives. Asset Classes and Allocation RangesIndicative asset allocation range (as a % of NAV)
In order to meet the Fund's investment objectives, asset classes and investment ranges may be changed from time to time. PIMCO has full discretion in relation to asset allocation ranges. We will give unitholders written notice of any material variation which we believe they would not have reasonably expected. Investment GuidelinesPIMCO has adopted the following guidelines in managing the Fund:
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