FirstChoice WS Pers Super - PIMCO Wholesale Australian Bond
About this Fund
|FUND MANAGER||Colonial First State Investment|
|ASSET CLASS||FIXED INTEREST|
Primarily invests in government, semi-government, corporate, mortgage and other fixed interest securities denominated in Australian and New Zealand dollars.
|INVESTMENT PROFILE||To achieve maximum total return and to seek to preserve capital through prudent investment management.|
|BENCHMARK||Bloomberg AusBond Composite 0+ Yr Index|
|FUND SIZE||Bloomberg AusBond Composite 0+ Yr Index|
|NO. OF HOLDINGS|
Benefits of investing in the PIMCO Australian Bond Fund - Wholesale Class
The Fund is an actively managed portfolio of fixed interest securities predominantly denominated in Australian and New Zealand currencies.
Significant features and benefits of investing in the Fund are:
Please note that the RE does not guarantee the repayment of capital or any rate of return or the Fund's investment performance.
Risk Level - Low
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 primarily to Australian and New Zealand fixed interest markets.
|RISK LEVEL||Medium to high|
Individuals who want: A super account to:
Invest an existing super benefit
In pursuing the Fund 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.
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.
The Fund primarily invests in government, semi-government, corporate, mortgage and other fixed interest securities denominated in Australian and New Zealand dollars. The Fund may also hold cash and Derivatives.
True core bond holding
The Australian Bond Fund seeks to provide all the benefits investors have come to expect from a core bond holding, including consistent income and low volatility, which can help stabilise portfolio returns. The fund is a well-diversified portfolio of primarily Australian and New Zealand fixed interest securities that seeks to lower risks while providing opportunities for enhanced returns.
Why Invest In This Fund?
Australian high-quality yield opportunities
Designed specifically for Australian investors, the fund invests predominantly in a wide range of high-quality bonds from issuers in Australia and New Zealand, ranging from Commonwealth and state government bonds to corporate bonds and mortgage-backed securities.
Flexibility at work
The fund has the flexibility to anticipate and respond to changes in Australian credit market and interest rate environments. It aims to avoid investments that put capital permanently at risk and has a strong track record of providing returns above its benchmark.
A time-tested investment process with proven Australian expertise
The fund's portfolio positioning and security selection are guided by PIMCO's time-tested investment process: our rigorously developed macro outlook, our bottom-up credit analysis and our robust risk management. The fund's portfolio management team includes specialists dedicated to each sector in the Australian market.
Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates.
Local management, global expertise
PIMCO's Australian Fixed Interest mandates are managed locally from the Sydney office by a specialised and high experienced domestic portfolio management team who are fully integrated into PIMCO's investment process and has access to PIMCO's vast global resources.
How we invest your money
PIMCO 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.
Asset Classes and Allocation Ranges
Indicative 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.