The Emerging Markets Short-Term Local Currency Fund
offers efficient exposure to fast growing emerging markets
by investing at least 80% of its assets in currencies and in
short-duration bonds, denominated in the currencies of
developing countries. The fund may invest directly in
currencies or bonds, or use derivatives to replicate
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 Emerging Local Markets