PIMCO Diversified Fixed Interest Fund - Wholesale Class
About this Fund
|FUND MANAGER||PIMCO Australia|
|ASSET CLASS||FIXED INTEREST|
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. 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.
To achieve maximum total return by investing in underlying funds that invest in Australian and Global bonds and to seek to preserve capital through prudent investment management.
|CURRENCY MANAGEMENT||Active Management|
|BENCHMARK||50% Bloomberg Barclays Global Aggregate Index hedged into AUD / 50% Bloomberg AusBond Composite 0+ Yr Index|
|FUND SIZE||50% Bloomberg Barclays Global Aggregate Index hedged into AUD / 50% Bloomberg AusBond Composite 0+ Yr Index|
|NO. OF HOLDINGS|
|FEES||0.54% p.a. of the NAV of the Fund referable to Wholesale Class units|
Benefits of investing in the PIMCO Diversified Fixed Interest Fund Wholesale Class
The Fund is an actively managed portfolio of domestic and international fixed interest securities. Significant features and benefits of investing in the Fund are:
Investment process: Supported by a deep global presence, the Fund capitalises on PIMCO's thought leadership and time-tested investment process, which guides 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 almost 700 investment professionals globally as at 30 June 2017. With dedicated sector and regional investment specialists in multiple offices around the world, PIMCO's depth and reach allows efficient and effective access to all major global fixed interest markets. Dedicated experienced investment professionals focused on the domestic fixed interest market who provide coverage of active investment opportunities.
Diversification and active management: Designed as a core allocation to global and 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 multiple economies, yield curves and sectors, which can improve risk-adjusted returns. The Fund is actively managed, which allows PIMCO to focus on securities regarded by PIMCO to have the strongest risk versus return attributes and avoid securities that are regarded by PIMCO to have insufficient value or a likelihood of capital loss.
Income and capital growth potential: The Fund seeks to provide a regular income stream by way of quarterly distributions (the RE may change the distribution frequency without notice).
Regular reporting: Monthly and quarterly reporting is provided to keep you up to date on your investments.
There is a low 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.
The Fund is designed for investors who wish to have a broadly diversified exposure to both domestic and international fixed interest markets.
The Fund is designed for investors who wish to have a broadly diversified exposure to both domestic and international fixed income markets.
The Diversified Fixed Interest is a diverse, actively managed portfolio of that aims to provide a diversified exposure to both global and Australian fixed interest securities. With a strategic 50% allocation to both the Australian and Global bond markets, the fund aims to take advantage of opportunities locally and globally.
Anchor your portfolio with domestic and global bonds. The Diversified Fixed Interest Fund can serve as an anchor fixed income allocation, offering the potential for income, capital gains, diversification and a hedge against the volatility in higher-risk asset classes, including equities.
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. 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.
Why Invest In This Fund
Tap into the best opportunities across Australia and the globe
Designed specifically for Australian investors, the Fund may tap into the multi-trillion-dollar global bond market, but retains a strategic allocation toward domestic high-quality opportunities.
True core bond holding
The Fund seeks to provide all the benefits investors have come to expect from a core bond holding, including consistent income, low volatility and diversification within a broader asset allocation.
Flexibility at work â€” one-stop active solution
The Diversified Fixed Interest Fund aims to help investors allocate across Australian and global bond exposures on an active basis, depending on where the best opportunities exist. The Fund has the flexibility to anticipate and respond to changes in credit markets and interest rate environments, which has delivered a strong track record of providing returns above its benchmark.
The best of global and local expertise
With dedicated sector and regional specialists in 11 offices around the world, combined with PIMCO's dedicated Australian team, the Fund benefits from the best ideas from Australia and across the globe.
PIMCO is one of the world's premier fixed income investment managers. Since our founding in 1971 in Newport Beach, California, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today our professionals work in 13 offices across the globe, united by a single purpose: creating opportunities for investors in every environment.
How we invest your money
The Fund invests in indirect and direct government, corporate, mortgage and other fixed interest securities. While the Fund invests predominately in Investment Grade securities, the Fund may invest in non-Investment Grade fixed interest securities and Emerging Market debt. The Fund currently seeks to achieve its investment objective by investing in other funds where PIMCO is the Investment Manager and PIMCO Australia Management Limited is the RE, primarily being PIMCO Australian Bond Fund and PIMCO Global Bond Fund. The Fund may also hold cash.
PIMCO has adopted the following guidelines in managing the Fund:
Changing the investment strategy/guidelines
The investment strategy and the investment guidelines may be changed. If the investment strategy or the investment guidelines are to be changed, investors in the Fund will be notified in accordance with the Corporations Act.