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.
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
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.
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