Fund Profile
Category: Open Ended Investment Company
Objective The fund aims to maximise the total return on your investment through primarily investing in a diversified portfolio of investment grade corporate fixed income instruments and securities, using prudent investment management principles. Investment Policy The fund aims to achieve its objective by investing at least two-thirds of its assets in a diversified portfolio of investment grade corporate fixed income instruments and securities (which are loans that pay a fixed or variable rate of interest) issued by companies from around the world. The fund may invest up to 15% in “non-investment” grade securities. Non-investment grade securities are considered to be more risky, but typically produce a higher level of income. The average portfolio duration of the fund will normally vary within two years (plus or minus) of the Bloomberg Barclays Global Aggregate-Credit Index. Duration measures the sensitivity of the assets to interest rate risk. The longer the duration the higher the sensitivity to changes in interest rates. Investments may also be linked to emerging market countries, which in investment terms are those economies that are not as developed. The fund may invest in derivative instruments (such as futures, options and swaps) rather than directly in the underlying securities themselves. The derivatives return is linked to movements in the underlying assets. The assets held by the fund may be denominated in a wide variety of currencies with non-USD currency exposure limited to 20% of total assets. The investment advisor may use foreign exchange and related derivative instruments to hedge or implement currency positions. For full investment objectives and policy details please refer to the fund’s prospectus. Distribution Policy This share class does not pay out a distribution. Any investment income generated will be reinvested. Dealing Day You can buy and sell shares on most working days in Dublin, exceptions to this are more fully described in the fund holiday calendar available from the Administrator.
Possible Lower
ReturnsHigher Risk
Possible Higher
Returns
| Closing Price 01/03/2021 | 19.63 |
| Morningstar category | Global Corporate Bond - USD Hedged |
| Currency | USD |
| Distribution status | Accumulating |
| ISIN | IE00B3K7XK29 |
| Inception Date | 10/12/2008 |
| Minimum initial amount | 5,000.00 USD |
| Entry fee | None |
| Custody fee | None |
| Exit fee | None |
| Ongoing charge | 1.39% of which 0.63% is paid to MeDirect |
| Address | PIMCO Global Advisors (Ireland) Limited Mutual House 70 Conduit Street Dublin W1S 2GF Ireland |
| Manager Name | Mark R. Kiesel |
| Manager Start Date | 23/07/2003 |
| Website | www.pimco.com |
| Total Net Assets (mil) | 26,922.24 USD (31/01/2021) |
| UCITS | Yes |
| Administrator | State Street Fund Services (Ireland) Ltd |
Documents
| en 13/01/2021 |
| en 17/02/2021 |
| en 31/12/2019 |
| en 30/06/2020 |
| 02/03/2021 |
Performance
| Period | Annualised return | Date |
| 1 year | 0.36% | 01/03/2021 |
| 3 years | 4.48% | 01/03/2021 |
| 5 years | 4.68% | 01/03/2021 |
| 10 years | 4.26% | 01/03/2021 |
| Since launch | 6.05% | 01/03/2021 |
| Performance | |
| YTD 01/01/2021 | -2.14 |
| 1 month | -1.55 |
| 3 months | -1.11 |
| 6 months | 0.41 |
| Q 1 | Q 2 | Q 3 | Q 4 | |
| 2021 | - | - | - | - |
| 2020 | -6.70% | 7.41% | 1.72% | 3.03% |
| 2019 | 4.61% | 3.46% | 2.16% | 0.84% |
| 2018 | -0.92% | -1.10% | 0.41% | -0.12% |
| 2017 | 1.70% | 1.79% | 1.35% | 0.64% |
Analysis
| % Long | % Short | % Net Assets | |
| Stock | 0.07% | 0.01% | 0.06% |
| Bond | 124.87% | 32.84% | 92.03% |
| Cash | 42.46% | 42.00% | 0.46% |
| Other | 7.51% | 0.07% | 7.45% |
| Risk Measurement | 1 Year | 3 Years | 5 Years |
| Standard Deviation | 11.19 | 6.76 | 5.59 |
| Sharpe Ratio | 0.05 | 0.47 | 0.63 |
| Sortino Ratio | 0.06 | 0.59 | 0.82 |
| Positive Months | 6.00 | 23.00 | 39.00 |
| Negative Months | 6.00 | 13.00 | 21.00 |
| Worst Month | -8.90 | -8.90 | -8.90 |
| Holding | Sector | Country | % of Assets |
| Pimco Us Dollar S/T Fl Nav Z Usd Inc 04/03/2021 | Ireland | 8.00 | |
| Fin Fut Eur-Bund 10Yr Eux 03/08/21 | 6.54 | ||
| Federal National Mortgage Association 3.5% 14/01/2051 | United States | 4.04 | |
| Fin Fut Euro-Schatz 2Yr Eux 03/08/21 | 2.57 | ||
| 10 Year Treasury Note Future Mar 21 23/03/2021 | 1.98 | ||
| United States Treasury Bonds 3% 15/02/2049 | United States | 1.31 | |
| Federal National Mortgage Association 4% 14/01/2051 | United States | 1.05 | |
| Fin Fut Eux Euro-Btp 03/08/21 | 1.03 | ||
| Federal National Mortgage Association 3% 14/01/2051 | United States | 0.99 | |
| United States Treasury Bonds 2.875% 15/05/2049 | United States | 0.97 |
| Ranking | 1 Year | 2 Years | 3 Years | 5 Years |
| Top 25% | ||||
| Category above the average | ||||
| Category below the average | ||||
| Bottom 25% |
Large | Size | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Style | ||||
Large | Interest Rate Sensitivity | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Credit Quality | ||||
