GIS Global Investment Grade Credit Fund

ISIN: IE00B2R34T20

Updated 23 August 2019

  • The Fund may use or invest in financial derivatives.

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  • DAILY NAV (USD)
    14.46
  • DAILY YTD RETURN
    10.75%
  • TOTAL NET ASSETS (USD)
    20,364 MM
    (as of 31/07/2019)
  • TOTAL NET ASSETS (USD)
    20,364 MM
    (as of 31/07/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/04/2008
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    30/04/2008

Objective

The investment objective of the Global Investment Grade Credit Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The Global Investment Grade Credit Fund is an actively managed portfolio that invests primarily in investment grade global corporate instruments. The fund is diversified broadly across industries, issuers, and regions on the basis of PIMCO’s top-down and bottom-up processes.

Investor Benefits

The fund offers diversification benefits and greater income potential relative to government bonds or domestic corporate strategies while seeking to retain many of the defensive features of government bonds.

The Fund Advantage

The fund looks to benefit from PIMCO’s investment process, which combines our global top-down views on the macroeconomic environment with independent bottom-up security analysis. PIMCO’s investment team has the experience and depth to actively manage a broad and diversified opportunity set.

PRIMARY BENCHMARK

Bloomberg Barclays Global Aggregate Credit Index (USD Hedged)

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays Global Aggregate Credit Index (USD Hedged) is an unmanaged Index that provides a broad- based measure of the global investment- grade fixed income markets. The three major components of this index are the U. S. Aggregate, the Pan- European Aggregate, and the Asian- Pacific Aggregate Indices. This index excludes Government and Securitized Securities. The index also includes Eurodollar and Euro- Yen corporate bonds, Canadian securities, and USD investment grade 144A securities. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

30/04/2008

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B2R34T20

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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WKN

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VAG Compliance

Traspasable

Yes

Overview Footnotes & Disclosures

disclosures

This share class aims to pay dividends at the frequency stated above. Dividend payout is not guaranteed.

RELATED

Managers

Mark R. Kiesel

CIO Global Credit

View Profile

Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

View Profile

Jelle Brons

Portfolio Manager, Global Corporate Bonds

View Profile

Fees & Expenses

Unified Fee1 1.39%
Fees & Expenses Footnotes & Disclosures

disclosures

1Unified management fee is a single fixed Management Fee out of which the fees of the Investment Advisers, the Administrator and Custodian shall be paid, and certain other expenses including the fees of Paying Agents (and other local representatives) in jurisdictions where the Funds are registered.

Prices & Performance

Daily Statistics

All data as of 23/08/2019

NAV (USD) 14.46 One Day Return 0.35%
Daily Change (USD) 0.05 Daily YTD Return 10.75%
Daily YTD Return (net of 5% Preliminary Charge) 5.18%
Click here to view Historical Prices
  • Average Annual Returns
  • Cumulative Returns

All data as of

  • Daily
  • Month End

All data as of

  • Daily
  • Month End

Performance quoted represents past performance and is not a guarantee or a reliable indicator of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed. Current performance may be lower or higher than average annual returns shown.