GIS Global Libor Plus Bond Fund

ISIN: IE00BF2FJG67

Updated 17 May 2019

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  • DAILY NAV (EUR)
    9.85
  • DAILY YTD RETURN
    1.55%
  • 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