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 01/09/2012
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
16%
1 Year rank in sector
3/12
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
£488m (£600m 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.
62
Top in this sector
Fund name1 Year
LDILgdUKRlRtSp205020.6%
LDILgdUKIflnRateSp206018.8%
Pimco GIS UK LT Corp Bond16%
MGI UK Long Gilt14.4%
LDILgdCvtlGt204914%
...more in FO Fixed Int - GBP Long Maturity

Performance snapshot

Holdings snapshot

  • UK66%
    USA12.3%
    Germany6.4%
    France5.4%
    International4.5%
  • Investment Grade Bonds63.5%
    Government Guaranteed19.1%
    High Yield Bond8.4%
    Mortgage & Secured Bonds6.3%
    Money Market1.6%
  • UK Fixed Interest70.9%
    UK Gilts19.1%
    UK Corporate Fixed Interest8.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%5.3%2.8%16%35.6%62.7%
Sector5%5.3%1.9%15%39.8%54.2%
Rank within sector11 / 1311 / 131 / 123 / 1210 / 121 / 2
Quartile4th4th1st1st4th
Calendar performance
 YTD - 20172016201520142013
Fund3.6%15.5%0.3%18.7%-0.1%
Sector3.2%17%-0.7%22.4%-3.8%
Rank within sector8 / 138 / 126 / 129 / 101 / 3
Quartile3rd3rd2nd4th
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.
2.7
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.
0.73
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.
0.75
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%.
9.9
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.
5.45
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.
-0.02
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.
0.81
Price movement
52 week high23.5
52 week low19.55
Current bid price-
Current offer price-
Current mid price22.71
Region
1UK65.95%
2USA12.28%
3Germany6.37%
4France5.42%
5International4.47%
6Netherlands2.97%
7Australia2.09%
8Switzerland1.72%
9Belgium1.05%
Industry sector
1Investment Grade Bonds63.46%
2Government Guaranteed19.12%
3High Yield Bond8.39%
4Mortgage & Secured Bonds6.34%
5Money Market1.63%
6Others1.07%
Asset type
1UK Fixed Interest70.87%
2UK Gilts19.12%
3UK Corporate Fixed Interest8.39%
4Money Market1.63%
Individual holdings
1TREASURY 3.5% GILT 22/01/45 GBP0.017.81%
2TREASURY 2% GILT 07/09/25 GBP0.013.83%
3EIB 6%/98-07.12.20283.16%
4UK GILT 4.25 12/7/46 4.25% 07/12/20462.75%
5UK TREASURY GILT 4% 01/602.18%
6TREASURY 3.25% GILT 22/01/44 GBP0.011.7%
7TESCO PROPERTY FINANCE 2 PLC 6.0517% MTG BDS 13/10/39 GBP10001.58%
8KENNEDY WILSON EUROPE REAL EST PLC 3.95% BDS 30/06/22 GBP1000001.32%
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 Pothalingam01/09/2012Ketish 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, Belgium, 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 price22.71
CurrencyGBP
Price updated21/04/2017
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 price15.48
CurrencyGBP
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeDFG6
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.