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PIMCO GIS DIVERSIFIED INCOME INST GBP HGD

Bestinvest LogoInvests in global corporate and emerging market fixed income securities.

PRICE (INC)

581p

PRICE (ACC)

1328p

INITIAL CHARGE

0%

ANNUAL MANAGEMENT CHARGE

0.69%

ONGOING CHARGE

0.69%

YIELD

5.3%

1 YEAR
4.67%
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Prices as at 01 Dec 2023.

We don’t currently provide commentary on this fund.

Past performance is not an indication of future performance.

Capital at risk.

The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management.

Fund summary

Sector£ Strategic Bond
StructureOFFSHORE FUND
LaunchedFebruary 2006
Size£6,041m
Yield5.3%
Dividends paidApril, July, October, December

Charges

Standard Initial Charge0%
Initial Charge Via BestInvest0%
Additional Bid/Offer Spread0%
Annual Management Charge0.69%
Ongoing Charges Figure0.69%

Investment Process

A relatively flexible bond mandate that offers global credit market exposure to investment grade corporate credit, high yield corporate credit and hard currency sovereign emerging market bonds and incorporates a diversified approach to macro economic views on credit trends, interest rates, duration, currencies and curve positioning. The fund is managed within limits relative to a reference benchmark. This is an equally weighted blend of three indices: Barclays Global Aggregate Credit Component USD Hdgd, BofA Merrill Lynch Global High Yield BB-B Rated Constrained USD Hdgd, JPMorgan EMBI Global (a hard currency EM Sovereign bond index). Duration exposure will generally be managed to within +/- 2 yrs of the index level (currently about 5.5yrs). The maximum exposure to securities with a credit rating of < B is 10%. There are no limits on emerging market exposure. The fund may hold also up to 20% in unhedged (to USD) currency exposure, although in practice unhedged currency exposure tends to be minimal. Derivative instruments may be used to manage interest rate and credit risk.

The information on this website is not intended to be advice or a recommendation to buy, sell or hold any investment mentioned. The value of investments and the income from them can go down as well as up and you may not get back the amount invested.

Past performance is not a guide to future performance. View full risk warning