PIMCO GIS Emerging Local Bond Fund E Class USD Accumulation

Performance History31/08/2020
Growth of 1,000 (GBP) Advanced Graph
PIMCO GIS Emerging Local Bond Fund E Class USD Accumulation
Fund30.43.9-3.110.5-6.0
+/-Cat1.1-0.5-0.73.4-0.6
+/-B’mrk-0.7-1.3-2.81.5-0.6
 
Key Stats
NAV
22/09/2020
 USD 11.97
Day Change 0.31%
Morningstar Category™ Global Emerging Markets Bond - Local Currency
ISIN IE00B3DD5N41
Fund Size (Mil)
31/08/2020
 USD 2156.36
Share Class Size (Mil)
31/08/2020
 USD 45.54
Max Initial Charge 5.00%
Ongoing Charge
24/06/2020
  1.89%
Morningstar Research
Analyst Report

Pimco GIS Emerging Local Bond benefits from an enhanced process, but significant team turnover warrants caution. The strategy's Morningstar Analyst Rating is Neutral on all share classes. In May 2019, Pimco announced longtime lead manager and...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAbove Average
ProcessAbove Average
Performance
Price
Investment Objective: PIMCO GIS Emerging Local Bond Fund E Class 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 in forwards or derivatives denominated in any currency, and forwards or derivatives denominated in any currency will be included under the 80% of assets policy noted in the prior sentence so long as the underlying asset of such forwards or derivatives is a Fixed Income Instrument denominated in the currency of an emerging market country. The Fund may, but is not required to, hedge its exposure to non-U.S. currencies.
Returns
Trailing Returns (GBP)22/09/2020
YTD-2.18
3 Years Annualised1.12
5 Years Annualised7.75
10 Years Annualised1.43
12 Month Yield 0.00
Management
Manager Name
Start Date
Pramol Dhawan
07/05/2019
Ismael Orenstein
15/06/2019
Inception Date
19/11/2008
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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 E Class USD Accumulation30/06/2020
Fixed Income
Effective Maturity9.01
Effective Duration7.08
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond361.47232.56128.91
Property0.000.000.00
Cash235.35266.95-31.61
Other2.670.002.67

Related

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)

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