ESG Global Bond Fund

PIC6396AU

Updated 13 December 2018

Objective

To achieve maximum total return by investing in global fixed interest securities, and to seek to preserve capital through prudent investment management.

Investments Held

Predominantly invests directly or indirectly (via other PIMCO funds) in government, corporate, mortgage and other global fixed interest securities selected according to criteria which incorporate PIMCO’s Environmental, Social and Governance (ESG) screening process.

Overview

Fund Overview

The ESG Global Bond Fund is a diverse, actively managed portfolio of global fixed-income securities designed for investors who wish to have a broadly diversified exposure to global fixed interest markets while considering ESG factors.

Why Invest In This Fund

True core bond holding

Designed as a core allocation to global fixed interest, the Fund may provide diversification benefits amongst an allocation to other asset classes, such as equities. The Fund aims to provide a diversified exposure to multiple economies, yield curves and sectors, which can improve risk-adjusted returns.

Investing for sustainability and impact as well as returns

The Fund seeks to influence positive change while using its time-tested investment process to deliver strong, long-term performance. PIMCO’s approach to sustainable investing integrates dedicated ESG research with a robust credit research process to identify relative value opportunities while optimising the portfolio using ESG-based criteria. This approach also seeks to actively engage with issuers with the goal of improving their ESG-related business practices.

A core bond experience with an ESG presence

This fund offers the potential for investors to achieve returns consistent with other core bond strategies while also making a positive social impact. Broadly diversified, the Fund strives to capture attractive risk-adjusted returns across the global bond markets, which can help to both mitigate volatility and hedge against risks in other asset classes, such as equities. Diversification does not guarantee a profit or protect against loss.

Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates.

Our Expertise

A 24-hour team to cover the global investment universe

With dedicated sector and regional specialists in 12 offices around the world, PIMCO’s depth and reach allow us to efficiently and effectively access all global fixed interest markets.

PRIMARY BENCHMARK

Bloomberg Barclays Global Aggregate Index hedged into AUD

PRIMARY BENCHMARK DESCRIPTION

The Bloomberg Barclays Global Aggregate Index hedged into AUD is an unmanaged market index representative of the total return performance of major world bond markets on a AUD hedged basis. It is not possible to invest in an unmanaged index.

DISTRIBUTION FREQUENCY

Quarterly

SHARE CLASS INCEPTION

09/03/2017

APIR Code

PIC6396AU

mFund Code

PMF09

Currency

AUD

RELATED

Managers

Andrew Balls

CIO Global Fixed Income

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Mike Amey

Head of Sterling Portfolio Management and ESG Strategies

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Sachin Gupta

Head of Global Portfolio Management Desk

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Yields & Distributions

Historical Prices & Distributions

Latest Dividend Distribution ($ Share)1 as of 28/09/2018 $0.00050
Dividend Distribution (FYTD) as of 28/09/2018 $0.00050
Yields & Distributions Footnotes & Disclosures

disclosures

1Distribution is paid quarterly in March, June, September and December.

Fees & Expenses

Total Annual Management Costs %2 0.69%
Fees & Expenses Footnotes & Disclosures

disclosures

2Management costs quoted are inclusive of Goods and Services Tax (GST) and net of any Reduced Input Tax Credits (RITC) at the prescribed rate, which is currently either 55% or 75% (depending on the nature of the fee or expense). For the ESG Global Bond Fund the figure noted above is actually a reference to “management fee” instead of “management costs”, each as defined in the Product Disclosure Statement for the applicable Unit Class, which has been amended for either compliance or consistency with the fees and costs disclosure requirements set out under the Corporations Act 2001 (Cth), as amended by ASIC Class Order 14/1252.

Performance

  • Average Annual Returns
  • Cumulative Returns

All data as of

  • Month End
  • Quarter End

All data as of

  • Month End
  • Quarter End
Past performance is not a reliable indicator of future results. Fund performance is quoted net of fees and expenses and assumes the reinvestment of all distributions but does not take into account personal income tax.