PIMCO ESG Global Bond Fund - Wholesale Class
About this Fund
Fund Detail
PDS | https://informedinvestor.com.au/view/pds/100473-2023-09-30-02:40.pdf |
FUND MANAGER | PIMCO Australia |
ASX Code | |
APIR | PIC6396AU |
ASSET CLASS | FIXED INTEREST |
INVESTMENT STYLE | 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. All securities will be selected according to valuation criteria which incorporate PIMCO’s ESG screening process. 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. |
INVESTMENT PROFILE | To achieve maximum total return by investing in global fixed interest securities, and to seek to preserve capital through prudent investment management. |
CURRENCY MANAGEMENT | Hedged |
INCEPTION DATE | 09-03-2017 |
BENCHMARK | Bloomberg Barclays Global Aggregate Index hedged into AUD |
FUND SIZE | Bloomberg Barclays Global Aggregate Index hedged into AUD |
DISTRIBUTION FREQUENCY | Quarterly |
NO. OF HOLDINGS | |
FEES | 0.79% p.a. |
STRUCTURE |
Benefits
Benefits | Benefits of investing in the PIMCO ESG Global Bond Fund - Wholesale ClassThe Fund is an actively managed portfolio of government, corporate, mortgage and other global fixed interest securities. Significant features and benefits of investing in the Fund are: INVESTMENT PROCESS 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. The fund harnesses PIMCO's Environmental, Social & Governance ("ESG") process, which is designed to incorporate ESG factors to identify issuers with either strong or improving ESG practices. EXPERTISE PIMCO is one of the largest fixed interest managers in the world with over 740 investment professionals globally as at 30 June 2018. 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. DIVERSIFICATION AND ACTIVE MANAGEMENT Designed as a core allocation to global fixed interest, the fund may provide diversification benefits amongst an allocation to other asset classes, such as equities. The Fund aims to provide a 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. POTENTIAL REGULAR DISTRIBUTIONS 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, quarterly and annual reporting is provided to keep you up to date on your investments. Annual stewardship reporting to keep you informed of the Fund's impact on improving ESG practices by issuers. Please note that the RE does not guarantee the repayment of capital or any rate of return or the Fund's investment performance. Risk levelLow Investor suitabilityThe Fund is designed for investors who wish to have a broadly diversified exposure to global fixed interest markets, while considering ESG factors. |
RISK LEVEL | Low |
INVESTOR SUITABILITY | The Fund is designed for investors who wish to have a broadly |
Risks
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Key Features
About the FundThe ESG Global Bond Fund is a diverse, actively managed portfolio of global fixed-income securities designed for investors who wish to have a broadly diversified exposure to global fixed interest markets while considering ESG factors. Investment objectiveTo achieve maximum total return by investing in global fixed interest securities, and to seek to preserve capital through prudent investment management. 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. All securities will be selected according to valuation criteria which incorporate PIMCO's ESG screening process. 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 is an actively managed global portfolio that primarily invests directly or indirectly (via investment in other funds managed by PIMCO or its affiliates, each a "Target Fund) in government, corporate, mortgage and other fixed interest securities. The Target Fund (or the specific class in which the Fund invests) may or may not apply the same benchmark as the Fund as described above. As of the date of this PDS, the Fund currently seeks to achieve its investment objective by investing all or part of its assets in one or more of the Target Funds. The Fund may also hold cash and Derivatives. Asset classes and allocation ranges
Investment guidelinesPIMCO has adopted the following guidelines in managing the Fund:
Percentage limitations will apply at the time of investment. The Fund is not required to sell any securities in the event that such limitations are subsequently exceeded, whether as a result of market movements, applications or withdrawals from the Fund or otherwise. The Fund is not required to sell a security in the event such security is downgraded below the Fund's minimum investment quality, provided that such security met the Fund's minimum quality standard at the time of purchase. PIMCO will take into account the Fund's direct investments and the Fund's investments in Target Funds in applying the Investment Guidelines. The Target Funds will be managed in accordance with their respective offer documents. |