Fact sheet: Pimco GIS UK Low Durtn

Fund information
Fund name
Pimco GIS UK Low Duration Inst Acc
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund manager
  • Mike Ameysince 31/08/2006
Fund objective
The GIS UK Low Duration Fund invests at least two-thirds of its assets in sterling-denominated, fixed income securities and is actively managed to maximise total return while maintaining risk levels consistent with the benchmark. Portfolio duration is normally within two years of the benchmark and currency exposure is limited to 10% of assets.
Benchmark
  • Barclay’s Sterling Aggregate ex Treasury 1-3 year Index
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
18/19
Sector
FO Fixed Int - GBP
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
£86m (£168m 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.
10
Top in this sector
Fund name1 Year
Fidelity Flexible Bond8.1%
Royal London Stg ExYdBd7.5%
RBOS (Jsy) Brewin Dolphin Bond7.3%
Lloyds High Income7.1%
Lloyds Sterling Bond7%
...more in FO Fixed Int - GBP

Performance snapshot

Holdings snapshot

  • UK83.8%
    Money Market55.8%
    Italy13%
    Netherlands6.4%
    International3.9%
  • AA48%
    AAA32%
    BBB8%
    A7%
    A+4%
  • UK Fixed Interest83.8%
    Money Market55.8%
    Italian Fixed Interest13%
    Dutch Fixed Interest6.4%
    Global Fixed Interest3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.4%1.2%2%4.5%9.2%
Sector-1.1%-4.3%2.4%6.1%18.6%29%
Rank within sector2 / 222 / 2211 / 2018 / 1920 / 2018 / 19
Quartile1st1st3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.1%0.3%2.8%-1.2%5.1%
Sector7.3%0.3%10.4%-0.4%6.9%
Rank within sector19 / 199 / 1919 / 1910 / 1814 / 18
Quartile4th2nd4th3rd4th
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.
-0.11
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.
0.28
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
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%.
1.73
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.
3.71
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.
-1.07
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.
0.62
Price movement
52 week high14.46
52 week low13.87
Current bid price-
Current offer price-
Current mid price14.37
Region
1UK83.77%
2Money Market55.77%
3Italy13.01%
4Netherlands6.42%
5International3.88%
6France3.56%
7Canada2.66%
8Switzerland2.01%
9Japan1.85%
Industry sector
1AA48%
2AAA32%
3BBB8%
4A7%
5A+4%
6BB1%
Asset type
1UK Fixed Interest83.77%
2Money Market55.77%
3Italian Fixed Interest13.01%
4Dutch Fixed Interest6.42%
5Global Fixed Interest3.88%
6French Fixed Interest3.56%
7Canadian Fixed Interest2.66%
8Swiss Fixed Interest2.01%
9Japanese Fixed Interest1.85%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.017.6%
2KFW FOR GOV GTD5.9%
3TREASURY 4.25% GILT 07/03/36 GBP0.015.9%
4U S TREASURY INFLATE PROT BD5.7%
5TREASURY 2.75% GILT 07/09/24 GBP0.014.5%
6UBS AG JERSEY BRANCH SUB REGS EMTN1.9%
7BARCLAYS PLC1.8%
8EUROPEAN INVEST BK SR UNSUB EMTN1.8%
9KBC BANK NV SR SUB1.8%
Management
Fund manager group
PIMCO Global Advisors(IRL)
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund objective
The GIS UK Low Duration Fund invests at least two-thirds of its assets in sterling-denominated, fixed income securities and is actively managed to maximise total return while maintaining risk levels consistent with the benchmark. Portfolio duration is normally within two years of the benchmark and currency exposure is limited to 10% of assets.
Benchmark
  • Barclay’s Sterling Aggregate ex Treasury 1-3 year Index
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Mike Amey31/08/2006Mike Amey is a managing director and portfolio manager in PIMCO's London office responsible for sterling portfolios. Prior to joining PIMCO in 2003, he was head of U.K. fixed income at Rothschild Asset Management and after their merger, at Insight Investment. Prior to joining Rothschild in 1994, Mr. Amey spent two years tutoring in the Department of Economics at the University of Durham. He has 17 years of investment experience and holds undergraduate and master's degrees in corporate and international finance from the University of Durham. Mr. Amey is also a member of the U.K. Society of Investment Professionals.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, United Kingdom, Ireland, Luxembourg, Netherlands, Offshore, Singapore
Pimco GIS UK Low Duration 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 price14.37
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeX279
Pimco GIS UK Low Duration 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)-
Bid price-
Offer price-
Mid price10.4
CurrencyGBP
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE56N
Data provided by

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