PIMCO GIS – PIMCO Income Class Fund

PIMCO GIS – PIMCO Income Class Fund Review

Fund objective

PIMCO GIS – PIMCO Income Class Fund is a portfolio that is actively managed and utilizes a broad range of fixed income securities to maximize current income while maintaining a relatively low-risk profile, with a secondary goal of capital appreciation.

Investment Strategy

PIMCO GIS – PIMCO Income Class Fund is diversified broadly across regions, industries, issuers, and asset classes, as well as through a varied set of sources of value and employs independent research and prudent diversification with respect to industries and issuers in order to seek to achieve its investment objective. The Fund invests at least two-thirds of its assets in a diversified portfolio of Fixed Income Instruments of varying maturities. The Fund will generally allocate its assets among several investment sectors, which may include (i) high yield and investment-grade corporate bonds of issuers located in the EU and in non-EU countries, including emerging market countries; (ii) global bonds and Fixed Income Securities issued by EU and non-EU governments, their agencies and instrumentalities; (iii) mortgage-related and other asset-backed securities which may or may not be leveraged; and (iv) foreign currency positions, including currencies of emerging market countries.

PIMCO GIS – PIMCO Income Class Fund may invest in both investment-grade securities and high yield securities subject to a maximum of 50% of its total assets in securities rated below Baa3 by Moody’s, or equivalently rated by S&P or Fitch. The Fund may invest up to 20% of its total assets in Fixed Income Instruments that are economically tied to emerging market countries. The Fund may also invest 100% of its net assets in Fixed Income Securities issued by, or guaranteed as to principal and interest by, the U.S. government and repurchase agreements secured by such obligations provided that the Fund holds at least six different issues, with securities from any one issue not exceeding 30% of net assets. No more than 25% of the Fund’s net assets may be invested in securities that are convertible into equity securities. No more than 10% of the Fund’s total assets may be invested in equity securities.

PIMCO GIS – PIMCO Income Class Fund may hold both non-USD denominated investment positions and non-USD currency positions. Non-USD denominated currency exposure is limited to 30% of total assets. The Fund may use derivative instruments such as options, futures, options on futures and swap agreements or currency forward contracts for investment and/or for hedging purposes.

Who is PIMCO GIS – PIMCO Income Class Fund suitable for?

PIMCO GIS – PIMCO Income Class Fund is only suitable for investors who:

• are looking for a competitive and consistent level of income without compromising long-term capital appreciation
• are looking for a diversified exposure to global fixed income markets and are willing to accept the risks and volatility associated with investing in such markets, including emerging markets and non-investment grade securities
• have an investment horizon over the medium to long-term

Dividend or Income payout frequency: Monthly or Accumulating

For additional assessments on product suitability, please obtain professional advice from a qualified Financial Adviser.

What are the key risks of PIMCO GIS – PIMCO Income Class Fund?

The value of PIMCO GIS – PIMCO Income Class Fund and its dividends and coupons (if any) may rise or fall. You may lose some or all of your investment depending on the performance of the underlying securities. Factors that may affect the performance of these securities include, without limitation, market risks, fluctuations in interest rates and foreign exchange rates, political instability, exchange controls, changes in taxation and foreign investment policies.

Some of the key risks associated with PIMCO GIS – PIMCO Income Class Fund are described below:

Market and Credit Risks

• The Fund is subject to credit risk
• The Fund is subject to currency risk
• The Fund is subject to interest rate risk

Liquidity Risks

• The Fund is exposed to liquidity risk

Product-Specific Risks

• The Fund’s use of derivative instruments is subject to the derivatives risks described in the Prospectus, such as liquidity risk, interest rate risk, market risk, credit risk and management risk.
• The Fund is subject to global investment risk
• The Fund may be subject to high yield risk such as greater levels of interest rate, credit and liquidity risks
• The Fund is subject to emerging markets risk

Investment Fees and Charges

For a limited time (Until 31 Dec 2023), speak to a MAS licensed licensed financial adviser which has committed to offering our readers a flat 1% Subscription fee (Initial Sale Charge) for all Unit Trust Funds investment.

Learn more about the limited time offer on 1% Initial Sales Charge. Terms and conditions may apply.

Where can I get more details about PIMCO GIS – PIMCO Income Class Fund

• PIMCO GIS – PIMCO Income Class Fund Fact Sheet (Open in New Window)
• PIMCO GIS – PIMCO Income Class Fund Product Highlight Sheet (Open in New Window)
• Speak to a licensed licensed financial adviser

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