Fact sheet: Pimco GIS UK LT Corp Bond

Fund information
Fund name
Pimco GIS UK Long Term Corporate Bond Inst Acc
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund managers
  • Ketish Pothalingamsince 31/08/2012
Fund objective
The UK Long Term Corporate Bond Fund, an actively managed portfolio, invests at least two-thirds of its assets in sterling-denominated, primarily investment grade corporate and credit instruments. Portfolio duration may vary within two years of the benchmark and the Fund may tactically invest 15% of its assets in below-investment grade bonds
Benchmark
  • BofA Merrill Lynch Sterling Non-Gilts 10+ index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.5%
1 Year rank in sector
1/3
Sector
FO Fixed Int - GBP Long Maturity
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.
0.46%
Fund size
£495m (£583m 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.
64
Top in this sector
Fund name1 Year
Pimco GIS UK LT Corp Bond9.5%
MGI UK Long Gilt9.4%
GS Sterling Broad FI Pl Pfl6.3%
Boost Gilts 10Y 3x Sht Daily ETP-14.7%
...more in FO Fixed Int - GBP Long Maturity

Performance snapshot

Holdings snapshot

  • UK58%
    USA9.9%
    France8.2%
    Germany5.2%
    International4.4%
  • BBB31%
    AA27%
    A25%
    AAA7%
    BB7%
  • UK Fixed Interest58.7%
    US Fixed Interest9.9%
    French Fixed Interest8.2%
    German Fixed Interest5.2%
    Global Fixed Interest4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-8%4.7%9.5%32.2%61.1%
Sector-2.2%-9.7%3.7%9.6%36.6%47.2%
Rank within sector2 / 32 / 31 / 31 / 32 / 31 / 3
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund12%0.3%18.7%-0.1%16.7%
Sector13.1%-0.7%22.4%-3.8%7.5%
Rank within sector2 / 32 / 32 / 31 / 31 / 3
Quartile
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.
0.37
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.
0.84
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.
0.61
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%.
9.72
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.
3.46
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.
-0.36
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.
0.9
Price movement
52 week high23.5
52 week low18.76
Current bid price-
Current offer price-
Current mid price21.26
Region
1UK58.04%
2USA9.87%
3France8.2%
4Germany5.24%
5International4.38%
6Netherlands3.15%
7Italy2.4%
8Switzerland2.2%
9Australia1.67%
Industry sector
1BBB31%
2AA27%
3A25%
4AAA7%
5BB7%
6A+2%
7B1%
Asset type
1UK Fixed Interest58.74%
2US Fixed Interest9.87%
3French Fixed Interest8.2%
4German Fixed Interest5.24%
5Global Fixed Interest4.38%
6Dutch Fixed Interest3.15%
7Italian Fixed Interest2.4%
8Swiss Fixed Interest2.2%
9Australian Fixed Interest1.67%
Individual holdings
1TREASURY 3.5% GILT 22/01/45 GBP4.8%
2TREASURY 3.25% GILT 22/01/44 GBP0.012.2%
3TREASURY 4% GILT 22/01/60 GBP0.012%
4GLAXOSMITHKLINE EMTN CO GTD1.8%
5TREASURY 2% GILT 07/09/25 GBP0.011.8%
6EUROPEAN INVESTMENT BANK EURO1.7%
7CITIGROUP INC SR UNSECURED EMTN1.5%
8EUROPEAN INVEST BANK (GBP) NT1.5%
9RABOBANK NEDERLAND SRUNSEC COCO EMTN1.5%
Management
Fund manager group
PIMCO Global Advisors(IRL)
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund objective
The UK Long Term Corporate Bond Fund, an actively managed portfolio, invests at least two-thirds of its assets in sterling-denominated, primarily investment grade corporate and credit instruments. Portfolio duration may vary within two years of the benchmark and the Fund may tactically invest 15% of its assets in below-investment grade bonds
Benchmark
  • BofA Merrill Lynch Sterling Non-Gilts 10+ index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ketish Pothalingam31/08/2012Ketish Pothalingam is a senior vice president in the London office and a portfolio manager focusing on U.K. credit investing in the European portfolio management group. Prior to joining PIMCO in 2009, he was a credit fund manager with Threadneedle Investments in London. Before that, he was with Lehman Brothers in London as executive director, responsible for sterling credit trading. He previously spent 11 years with HSBC Holdings in London and Tokyo. He has 24 years of investment and financial services experience and holds an undergraduate degree from University College London and a diploma (niveau moyen) from L’Institut D’Etudes Francaises de Tours. He holds the Investment Management Certificate and is a member of the UK Society of Investment Professionals.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, France, United Kingdom, Ireland, Luxembourg, Netherlands, Offshore
Pimco GIS UK Long Term Corporate Bond Inst Acc
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 price21.26
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeX167
Pimco GIS UK Long Term Corporate Bond Inst Inc
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 price14.75
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeDFG6
Data provided by

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