Today's Move for Tomorrow's Market

PIMCO Dynamic Multi-Asset Fund (DMAF) is designed to deliver across different investment cycles and help investors navigate the toughest market situations.

in-page

Dynamic Multi-Asset Fund: How Can It Help You in Today’s Market Conditions?

Provide Options

Market uncertainty is high. Flexibility can help mitigate risk and find opportunity.

Enhance Potential Returns

Opportunities are dynamic. Selective exposure to risk can improve outcomes.

Control Risk

Risk is not constant. Flexibility and a defensive mindset are critical to smoothing returns.

GIS Dynamic Multi-Asset Fund

ISIN: IE00BYQDNG76

Designed to deliver across market environments and used in three key ways:

  • Core asset allocation strategy
  • Liquid alternative strategy
  • Tactical allocation complement

Overall Morningstar Rating*

GBP Flexible Allocation

★★★★★

*Among 315 funds in the Morningstar EEA Fund GBP Flexible Category as of 31.03.20. Past performance is not a guarantee or a reliable indicator of future results.

FUND STORIES

At PIMCO, we believe that combining a big picture view of the world with thorough asset-specific research is the best way to form a complete, independent view. This is especially needed in these times of heighted uncertainty, as some of the reactions that we are seeing may be signs of deeper, underlying trends.

Interested in the latest insights? Subscribe to our weekly market commentary.

  • Disruptors vs. Disrupted

    The Coronavirus outbreak seems to be accelerating the secular disruptive forces that have been already present for a while, including technology development, aging populations, China’s ascent and climate change. The power of these forces is increasing the difference between those companies, sectors, and countries that are being disrupted, and those that are disrupting the status quo.

    For investors, distinguishing between the two is becoming crucial: in terms of potential "disruptors," the technology and healthcare sectors appear as strong candidates, as they are not only being more resilient to the recent volatility, but also seeing demand for their products increase. In this sense, we have a positive view on U.S. and Japan technology and healthcare, and Chinese discretionary consumption and biotech / healthcare. On the other hand, and geographically, we are more cautious on Europe, which, apart from facing the global crisis, the region could also be disrupted by fiscal tensions.

  • China's Ascent

    China's economic strategic plan, Made in China 2025, is a blueprint to upgrade its economy to higher-value-added manufacturing and services. With an ambitious breadth covering sectors including robotics, information technology, electric vehicles, and machine learning, and hundreds of billions of yuan of government support, the aim has been to move beyond the "world’s factory" and gain greater self-sufficiency. This has become increasingly pertinent, as global trade has been in decline since the 2007-08 financial crisis, and U.S.-China tensions have recently renewed. Less trade between the world’s two largest economies may also accelerate their competition to dominate technological development, stepping up the race for innovation and, therefore, creating opportunity for investors. In this sense, we favour the areas in which the country is pushing stimulus forward, such as pharmaceuticals, tele-health, 5G, data centres and electric vehicle charging poles. These are all very domestic driven initiatives which could benefit from a recovery.

Our Investment Management Team

DMAF’s portfolio management team combines decades of expertise across alternative strategies and traditional asset classes. The team leverages the full depth and breadth of PIMCO’s global investment resources with the firm’s economic outlook, providing powerful context.

MORE ON OUR PROCESS
Geraldine Sundstrom

Geraldine Sundstrom

Portfolio Manager, Asset Allocation

READ BIO
Emmanuel S. Sharef

Emmanuel S. Sharef

Portfolio Manager, Asset Allocation

READ BIO
Erin Browne

Erin Browne

Portfolio Manager, Αsset Allocation

READ BIO

Need more information?

Connect with our team today.

Disclosures

Opinion and estimates offered constitute our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. We believe the information provided here is reliable, but do not warrant its accuracy or completeness. All investments contain risk and may lose value. © 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar rating as of 31/03/2020 for Institutional GBP (Hedged) Accumulation share class. All investments contain risk and may lose value. © 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar rating as of 31/03/2020 for Institutional EUR (Hedged) Accumulation share class. The Dynamic Multi-Asset Fund, sub-fund of the PIMCO GIS Funds: Global Investors Series plc is domiciled in Ireland. PIMCO Funds: PIMCO Funds: Global Investors Series plc is an umbrella type open-ended investment company with variable capital and is incorporated with limited liability under the laws of Ireland with registered number 276928. The information is not for use within any country or with respect to any person(s) where such use could constitute a violation of the applicable law. The information contained in this communication is intended to supplement information contained in the prospectus for this Fund and must be read in conjunction therewith. Investors should consider the investment objectives, risks, charges and expenses of these Funds carefully before investing. This and other information is contained in the Fund's prospectus. Please read the prospectus carefully before you invest or send money.

Past performance is not a guarantee or a reliable indicator of future results and no guarantee is being made that similar returns will be achieved in the future. Returns are net of fees and other expenses and include reinvestment of dividends. The performance data represents past performance and investment return and principal value will fluctuate so that the PIMCO GIS Funds shares, when redeemed, may be worth more or less than the original cost. Potential differences in performance figures are due to rounding. The Fund may invest in non-U.S. or non-Eurozone securities which involves potentially higher risks including non-U.S. or non-Euro currency fluctuations and political or economic uncertainty. For informational purposes only. Please note that not all Funds are registered for sale in every jurisdiction. Please contact PIMCO for more information. For additional information and/or a copy of the Fund's prospectus, please contact the Administrator: State Street Fund Services (Ireland) Limited,

Telephone +353-1-776-0142, Fax +353-1-562-5517. © 2020.

Benchmark - Unless referenced in the prospectus and relevant key investor information document, a benchmark or index in this material is not used in the active management of the Fund, in particular for performance comparison purposes.

Where referenced in the prospectus and relevant key investor information document a benchmark may be used as part of the active management of the Fund including, but not limited to, for duration measurement, as a benchmark which the Fund seeks to outperform, performance comparison purposes and/or relative VaR measurement. Any reference to an index or benchmark in this material, and which is not referenced in the prospectus and relevant key investor information document, is purely for illustrative or informational purposes (such as to provide general financial information or market context) and is not for performance comparison purposes. Please contact your PIMCO representative for further details.” 

Correlation - As outlined under “Benchmark”, where referenced in the prospectus and relevant key investor information document, a benchmark may be used as part of the active management of the Fund. In such instances, certain of the Fund’s securities may be components of and may have similar weightings to the benchmark and the Fund may from time to time show a high degree of correlation with the performance of any such benchmark. However the benchmark is not used to define the portfolio composition of the Fund and the Fund may be wholly invested in securities which are not constituents of the benchmark.

Investors should note that a Fund may from time to time show a high degree of correlation with the performance of one or more financial indices not referenced in the prospectus and relevant key investor information document.  Such correlation may be coincidental or may arise because any such financial index may be representative of the asset class, market sector or geographic location in which the Fund is invested or uses a similar investment methodology to that used in managing the Fund.”

Please note that the above benchmark(s) or index/indices are not used in the active management of the Fund, in particular for performance comparison purposes. They are for information purposes only.