The Emerging Local Bond Fund offers efficient exposure to
fast growing emerging markets by investing 80% of its
assets in fixed income securities denominated in the local
currencies of emerging countries. The fund may use
derivatives such as options, futures, or swaps, and may or
may not hedge its exposure to non-US currencies.
This fund offers exposure to high interest rates in EM
countries and to appreciation of EM currencies, with a low
correlation to other asset classes.
The Fund Advantage
The fund leverages PIMCO’s disciplined investment process
and expertise in local market inefficiencies to overcome
complex investment entry barriers.
JPMorgan Government Bond Index‑Emerging Markets Global Diversified Index (GBP Unhedged)
PRIMARY BENCHMARK DESCRIPTION