GIS RAE PLUS Emerging Markets Fund

ISIN: IE00BCZXQC11

Updated 19 July 2019

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  • DAILY NAV (USD)
    13.30
  • DAILY YTD RETURN
    10.93%
  • TOTAL NET ASSETS (USD)
    24 MM
    (as of 30/06/2019)
  • TOTAL NET ASSETS (USD)
    24 MM
    (as of 30/06/2019)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    03/09/2013
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    03/09/2013

Objective

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

Overview

Please Note
Shareholder approval has been received to merge the PIMCO RAE PLUS Emerging Markets Fund with the PIMCO RAE Emerging Markets Fund, another sub-fund of PIMCO Funds: Global Investors Series plc. The merger will take effect on 26th July, 2019 subject to the terms and conditions as more particularly set out in the Circular to Shareholders of the PIMCO RAE PLUS Emerging Markets Fund dated 17 June, 2019.

Fund Description

The PIMCO GIS RAE PLUS Emerging Markets Fund is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the MSCI EM index. Unlike traditional market cap-weighted approaches, the fund selects and weights stocks based on non-price measures of company size. By removing price from the portfolio construction process, the fund seeks to capitalize on market inefficiencies, systematically capturing returns when prices deviate from fundamentals. Additionally, PIMCO’s innovative PLUS™ implementation provides a second source of excess return and diversification potential. This approach simply uses equity-linked instruments to provide investors with full equity exposure, which leaves the bulk of their capital free to be allocated to a complementary bond alpha strategy

Investor Benefits

This fund is designed to offer investors potential excess returns over EM equity markets without a corresponding increase in volatility. Potential benefits of this fund include:

  • A broad, diversified exposure to EM equity markets
  • Ability to capitalize on market inefficiencies, contra-trading against the market to systematically buy low and sell high
  • Time-tested, rules-based approach provides opportunity for long-term outperformance

The Fund Advantage

In addition to a broad, diversified equity market exposure, the fund provides the potential for outperformance relative to the market.

PRIMARY BENCHMARK

MSCI Emerging Markets Index

PRIMARY BENCHMARK DESCRIPTION

The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. It is not possible to invest directly in the index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

03/09/2013

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BCZXQC11

TICKER

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SEDOL

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SHARE CLASS CURRENCY