GIS RAE Europe Fund

ISIN: IE00BWX4BG58

Updated 22 May 2019

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  • DAILY NAV (EUR)
    10.28
  • DAILY YTD RETURN
    9.36%
  • TOTAL NET ASSETS (EUR)
    10 MM
    (as of 30/04/2019)
  • TOTAL NET ASSETS (EUR)
    10 MM
    (as of 30/04/2019)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    30/06/2015
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    30/06/2015

Objective

The investment objective is to seek a total return which exceeds that of its benchmark index, namely the MSCI Europe Index.

Overview

Fund Overview

Time-tested systematic approach to U.S. equity investing

The fund invests in a diversified portfolio of European stocks using the Research Affiliates Equity (RAE) strategy, an innovative value approach designed to outperform the MSCI Europe Index.

Why Invest In This Fund

Capitalizes on market inefficiencies

RAE selects and weights stocks based on fundamental measures of company size including sales, cash flow, dividends, and book value. By removing price from the portfolio construction process, this value fund aims to buy low and sell high, and to outperform its benchmark over time.

Enhanced by active insights

Starting with fundamental weighting, the strategy then refines these weights by incorporating active insights into quality, momentum, style and size with the goal of further enhancing returns. These insights continually evolve based on the ongoing research of the portfolio managers.

Offers the benefits of investing systematic equity strategy

The fund’s unique rules-based approach seeks a consistent investment process and a contrarian portfolio designed to deliver market outperformance.

Our Expertise

PIMCO has partnered with Research Affiliates to deliver equity strategies since 2005.

PRIMARY BENCHMARK

MSCI Europe Index

PRIMARY BENCHMARK DESCRIPTION

The MSCI Europe Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed markets in Europe. Since June 2007, the MSCI Europe Index consisted of 16 developed market country indices. The index represents the unhedged performance of the constituent stocks in euros. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

30/06/2015

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BWX4BG58

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

Robert Arnott

Founder and Chairman, Research Affiliates

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Chris Brightman

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Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 30/04/2019 -0.03%
Current Yield2 as of 30/04/2019 0.02%
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 1.30%
Fees & Expenses Footnotes & Disclosures

disclosures

The Unified Management fee takes account of a fee waiver in the amount of 0.1% p.a. until 30 Jun 2018. The fee waiver will expire from 01 Jul 2018.

Prices & Performance

Daily Statistics

All data as of 22/05/2019

NAV (EUR) 10.28 One Day Return -0.58%
Daily Change (EUR) -0.06 Daily YTD Return 9.36%
Click here to view Historical Prices
  • Average Annual Returns
  • Cumulative Returns

All data as of

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All data as of

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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