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Press Release

PIMCO Launches PIMCO GIS Emerging Markets Opportunities Fund

The fund offers a flexible approach that invests in a wide range of emerging markets fixed income securities.

 

London (5 June, 2019) - PIMCO, one of the world’s premier fixed income investment firms, has launched the PIMCO GIS Emerging Markets Opportunities Fund. The fund applies a flexible approach to invest in a wide range of fixed income securities issued by companies or governments economically tied to emerging market countries. It aims to provide diversification benefits, while reducing volatility and providing investors with a more stable stream of returns over a full market cycle compared to traditional emerging markets beta strategies. The fund is managed by Pramol Dhawan, Managing Director and Head of the Emerging Markets Portfolio Management team.

Designed to access opportunities across different emerging market segments, the fund may invest in hard or local currency debt, investment grade and non-investment grade securities as well as emerging markets currencies. Commenting on the fund launch, Pramol Dhawan said: “Emerging markets debt is an inherently inefficient asset class due to factors such as incomplete information, periods of diminished market liquidity and relative value distortions. We aim to harness these inefficiencies by capturing most of the upside potential of the asset class while limiting the downside.” Ryan Blute, PIMCO Managing Director and Head of Global Wealth Management EMEA, added: “We believe that this strategy can play an important role in an investor’s portfolio in several respects: as a core emerging market bond allocation, a complement to existing emerging market exposure or as part of a broader global credit portfolio.”

PIMCO GIS Emerging Markets Opportunities Fund is accessible in a variety of share classes in different currencies, depending on client requirements. PIMCO’s UCITS-compliant Global Investor Series (GIS) fund range comprises 61 sub-funds with $158.6 billion under management as of 31 March 2019. With daily liquidity, investors can gain exposure to a broad range of asset classes, from the more traditional global and regional core fixed income funds, through credit portfolios, to expanding equity, asset allocation and alternative solutions.

About PIMCO
PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,600+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Media Contacts

Michael Reid
Global Head of Corporate Communications – New York
+1.212.597.1301
michael.reid@pimco.com

Agnes Crane
U.S. Corporate Communications – New York
+1.212.597.1054
agnes.crane@pimco.com

Joy Sheetz
U.S. Corporate Communications – New York
+1.646.870.2025
joy.sheetz@pimco.com

Laura Batty
U.S. Corporate Communications – Newport Beach
+1.949.720.6209
laura.batty@pimco.com

Lisa Papas
U.S. Corporate Communications – Newport Beach
+1.949.720.6751
lisa.papas@pimco.com

Laura Thomas
UK & EMEA Corporate Communications – London
+44 203 640 1520
laura.thomas@uk.pimco.com

Wendy Svirakova
UK & EMEA Corporate Communications – London
+44 203 640 1237
wendy.svirakova@pimco.com

Li Anne Wong
APAC Corporate Communications – Singapore
+65 6491 8068
lianne.wong@pimco.com

Disclosures

Past Performance is not a guarantee or reliable indicator of future results . This material is provided for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy interest/share in the Global Investors Series (“GIS”) Funds. Investors should carefully read the Prospectus and/or Key Investor Information Document Before investing. Country of origin of Emerging Markets Opportunities Fund, sub-fund of PIMCO Funds: Global Investors Series plc, is Ireland. A copy of the fund’s prospectus and Key Investor Information Document can be obtained free of charge from the Administrator: State Street Fund Services (Ireland) Limited, Telephone +353 1 776 9990, Fax +353 1 562 5519.

PIMCO Europe Ltd (Company No. 2604517) and PIMCO Europe Ltd - Italy (Company No. 07533910969) are authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London, E20 1JN) in the UK. The Italy branch is additionally regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act. PIMCO Europe Ltd services are available only to professional clients as defined in the Financial Conduct Authority’s Handbook and are not available to individual investors, who should not rely on this communication.| PIMCO Deutschland GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany), PIMCO Deutschland GmbH Italian Branch (Company No. 10005170963), PIMCO Deutschland GmbH Spanish Branch (N.I.F. W2765338E) and PIMCO Deutschland GmbH Swedish Branch (SCRO Reg. No. 516410-9190) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany in accordance with Section 32 of the German Banking Act (KWG). The Italian Branch, Spanish Branch and Swedish Branch are additionally supervised by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act, the Comisión Nacional del Mercado de Valores (CNMV) in accordance with obligations stipulated in articles 168 and 203 to 224, as well as obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008 and the Swedish Financial Supervisory Authority (Finansinspektionen) in accordance with Chapter 25 Sections 12-14 of the Swedish Securities Markets Act, respectively. The services provided by PIMCO Deutschland GmbH are available only to professional clients as defined in Section 67 para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH-020.4.038.582-2), Brandschenkestrasse 41, 8002 Zurich, Switzerland, Tel: + 41 44 512 49 10. The services provided by PIMCO (Schweiz) GmbH are not available to individual investors, who should not rely on this communication but contact their financial adviser.