Fact sheet: Pimco GIS Euro Credit

Fund information
Fund name
Pimco GIS Euro Credit E Acc EUR
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund managers
  • Eve Tourniersince 01/02/2013
Fund objective
The fund is an actively managed portfolio that invests at least two-thirds of its assets in euro denominated, primarily investment grade corporate and credit instruments. Portfolio duration may vary within two years of the benchmark and the Fund may tactically invest up to 10% of its assets in below-investment grade issues.
Benchmark
  • Barclays Euro Aggregate Credit Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.1%
1 Year rank in sector
14/64
Sector
FO Fixed Int - EUR Investment Grade
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.36%
Fund size
£444m (£462m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
69
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX20.4%
Russell IC II Euro FI19.7%
Capital Group EBdFL18%
Pimco GIS Euro Income Bond5.3%
Robeco Gbl Mult-Fact Cred4.2%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • Germany37.6%
    EU28.2%
    UK18.6%
    Netherlands7.4%
    USA7.3%
  • BBB39%
    AAA27%
    A23%
    AA4%
    BB4%
  • German Fixed Interest37.6%
    European Fixed Interest28.2%
    UK Fixed Interest18.8%
    Dutch Fixed Interest7.4%
    US Fixed Interest7.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-2.1%0.3%3.1%10.9%26.9%
Sector-1.6%-3.1%-0.5%2.4%12%34.7%
Rank within sector12 / 6413 / 6411 / 6414 / 6441 / 6130 / 48
Quartile1st1st1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.7%-0.5%7.6%1.1%12.3%
Sector2.8%-0.2%8.9%3.4%15.2%
Rank within sector14 / 6441 / 6343 / 6137 / 5211 / 48
Quartile1st3rd3rd3rd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.28
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.82
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
2.95
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.14
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.33
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.89
Price movement
52 week high13.08
52 week low12.21
Current bid price-
Current offer price-
Current mid price12.76
Region
1Germany37.59%
2EU28.22%
3UK18.59%
4Netherlands7.43%
5USA7.27%
6Italy7.06%
7Spain6.66%
8France4.8%
9Switzerland4.22%
Industry sector
1BBB39%
2AAA27%
3A23%
4AA4%
5BB4%
6A+3%
Asset type
1German Fixed Interest37.59%
2European Fixed Interest28.22%
3UK Fixed Interest18.79%
4Dutch Fixed Interest7.43%
5US Fixed Interest7.27%
6Italian Fixed Interest7.06%
7Spanish Fixed Interest6.66%
8French Fixed Interest4.8%
9Swiss Fixed Interest4.22%
Individual holdings
1GOLDMAN SACHS GROUP INC2.7%
2JPMORGAN CHASE & CO GLBL SR UNSEC2.3%
3CRED SUIS GP FUN LTD SR UNSEC1.8%
4VONOVIA FINANCE BV CO GTD SR UNSEC1.5%
5MET LIFE GLOB FUNDING I1.4%
6VERIZON COMMUNICATIONS SR UNSEC1.3%
7ROYAL BK OF SCOTLAND PLC SUB EMTN1.2%
8TDF INFRASTRUCTURE SAS1.1%
9THERMO FISHER SCIENTIFIC INC1.1%
Management
Fund manager group
PIMCO Global Advisors(IRL)
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund objective
The fund is an actively managed portfolio that invests at least two-thirds of its assets in euro denominated, primarily investment grade corporate and credit instruments. Portfolio duration may vary within two years of the benchmark and the Fund may tactically invest up to 10% of its assets in below-investment grade issues.
Benchmark
  • Barclays Euro Aggregate Credit Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Eve Tournier01/02/2013Ms. Tournier is an executive vice president in the Newport Beach office and portfolio manager focusing on corporate bonds. Prior to joining PIMCO in 2008, she was a managing director and European head of high yield credit trading with Deutsche Bank in London. Previously, she worked in credit derivatives trading at Deutsche Bank and at JPMorgan in New York. She has 12 years of investment experience and holds a master's degree in operations research and financial engineering from Cornell University and an undergraduate degree from Ecole Centrale de Lyon.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Pimco GIS Euro Credit E Acc EUR
Initial charge5%
Annual charge1.36%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price12.76
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ4M1
Pimco GIS Euro Credit EUR
Initial charge5%
Annual charge0.46%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.34
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCAG7
Pimco GIS Euro Credit Inst II Hedged Inc EUR
Initial charge5%
Annual charge0.46%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)0.46%
Bid price-
Offer price-
Mid price10.77
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJSAQ
Data provided by

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