PIMCO GIS Emerging Local Bond Fund Institutional USD Accumulation

Performance History31/01/2020
Growth of 1,000 (GBP) Advanced Graph
PIMCO GIS Emerging Local Bond Fund Institutional USD Accumulation
Fund-----0.6
+/-Cat-----0.1
+/-B’mrk----0.2
 
Key Stats
NAV
14/02/2020
 USD 14.15
Day Change 0.52%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
ISIN IE00B29K0P99
Fund Size (Mil)
31/01/2020
 USD 2890.89
Share Class Size (Mil)
31/01/2020
 USD 1466.67
Max Initial Charge 5.00%
Ongoing Charge
15/02/2019
  0.89%
Morningstar Research
Analyst Report

PIMCO Emerging Markets Local Currency and Bond benefits from an enhanced process, but persistent turnover on the investment team warrants caution. Therefore, the fund’s Morningstar Analyst Rating is downgraded to Neutral from Bronze.On 3 May...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleNeutral
ParentPositive
ProcessPositive
PerformanceNeutral
PriceNeutral
Investment Objective: PIMCO GIS Emerging Local Bond Fund Institutional USD Accumulation
The investment objective of the Emerging Local Bond Fund is to seek to maximise total return, consistent with prudent investment management. The Fund will normally invest at least 80% of its assets in Fixed Income Instruments denominated in currencies of countries with emerging securities markets which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. The Fund may invest without limit in Fixed Income Instruments that are economically tied to emerging market countries. The Fund may invest all of its assets in high yield securities (“junk bonds”) subject to a maximum of 15% of its total assets. The Fund may invest all of its assets in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage or asset-backed securities.
Returns
Trailing Returns (GBP)14/02/2020
YTD1.36
3 Years Annualised4.04
5 Years Annualised6.03
10 Years Annualised4.05
12 Month Yield -
Management
Manager Name
Start Date
Ismael Orenstein
15/06/2019
Pramol Dhawan
31/01/2017
Inception Date
11/12/2007
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM GBI-EM Global Diversified TR USDJPM GBI-EM Global Diversified TR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationYes
GrowthYes
IncomeYes
HedgingNo
OtherNot Specific
Portfolio Profile for  PIMCO GIS Emerging Local Bond Fund Institutional USD Accumulation30/09/2019
Fixed Income
Effective Maturity6.14
Effective Duration7.05
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond308.10183.64124.46
Property0.000.000.00
Cash182.13208.08-25.94
Other1.190.001.19
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites