GIS Global Libor Plus Bond Fund

ISIN: IE00BF2FJG67

Updated 24 May 2019

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  • DAILY NAV (EUR)
    9.82
  • DAILY YTD RETURN
    1.24%
  • TOTAL NET ASSETS (USD)
    1,430 MM
    (as of 30/04/2019)
  • TOTAL NET ASSETS (USD)
    1,430 MM
    (as of 30/04/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    20/10/2017
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    20/10/2017

Objective

The fund seeks to maximise long term return, consistent with preservation of capital and prudent investment management. The fund is an absolute return orientated global fixed income strategy. The fund will seek to achieve returns in excess of the 1 month USD Libor (a measure of return in money market securities) over the medium to long term.

Overview

Fund Description

The PIMCO Global Libor Plus Bond Fund is an absolute return-oriented low duration high quality bond strategy. It is designed for investors who seek enhanced returns over traditional cash investments in exchange for a modest increase in risk and managed in a conservative and diversified manner. The fund utilizes PIMCO’s global secular forecast and integrated investment process across multiple sectors with duration that may range from -1 to +5 years.

Investor Benefits

The fund aims to offer attractive risk-adjusted return, with a focus on capital preservation and strong diversification potential within an overall portfolio context.

The Fund Advantage

The fund’s broader investment discretion to adjust duration exposure, allocate across sectors and express other active views offers flexibility to generate attractive risk-adjusted returns.

PRIMARY BENCHMARK

1 Month Euribor Rate Index

PRIMARY BENCHMARK DESCRIPTION

Euribor(Euro Interbank Offered Rate) is the benchmark rate of the large euro money market. It is sponsored by the European Banking Federation, which represents 2,800 banks in the fifteen Member States of the European Union and the EMU division of ACI, the financial Markets Association. A representative sample of prime banks will provide daily quotes - for thirteen maturities from one week to one year - at which interbank term deposits denominated in euro are being offered within the euro zone between prime banks. The average rate is calculated after elimination of the highest/lowest quotations (15% each side). Euribor is quoted for spot value (T+2) and on an actual/360 day-count convention, and are displayed from 4 January 1999 to three decimals. It will be disseminated at 11:00 a.m., Brussels time.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

20/10/2017

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BF2FJG67

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOR

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WKN

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VAG Compliance

Traspasable

No

RELATED

Managers

Marc P. Seidner

CIO Non-traditional Strategies

View Profile

Mohit Mittal

Portfolio Manager, Liability Driven Investment and Credit

View Profile

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2019 4.03%
Current Yield2 as of 30/04/2019 2.82%
Yields & Distributions Footnotes & Disclosures

disclosures

1PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in the PIMCO's Portfolio Analytics database, PIMCO pulls the security's yield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data.
2The estimate of current yield is based on PIMCO's best judgment for the securities in the portfolio on the date shown. PIMCO makes no representation on the accuracy or the methodology used.

Fees & Expenses

Unified Fee 1.20%

Prices & Performance

Daily Statistics

All data as of 24/05/2019

NAV (EUR) 9.82 One Day Return -0.10%
Daily Change (EUR) -0.01 Daily YTD Return 1.24%
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.

Calendar Year Returns %

All data as of