Fact sheet: Pimco LowDurGblInvGrdCrt

Fund information
Fund name
Pimco Low Duration Global Investment Grade Credit E Hedged Acc EUR
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund manager
  • Mark R. Kieselsince 28/02/2014
Fund objective
The PIMCO GIS Low Duration Global Investment Grade Credit Fund is an actively managed portfolio of primarily short-dated investment grade credit instruments. Portfolio duration may vary between 0-4 years and may invest up to 15% of assets in below-investment grade.
Benchmark
  • Barclays Global Aggregate Credit 1-5 Yrs Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.5%
1 Year rank in sector
207/295
Sector
FO Fixed Int - Global
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.
1.39%
Fund size
£240m (£35m 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 GHIOL33.6%
Dodge & Cox Global Bond25.9%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.8%
Russell Gbl Bd22.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA44.4%
    UK7.3%
    Money Market7.1%
    Germany5.5%
    Spain4.5%
  • Investment Grade Bonds65%
    Government Guaranteed23%
    Mortgage & Secured Bonds7%
    Others5%
    High Yield Bond3%
  • US Fixed Interest44.4%
    UK Fixed Interest7.3%
    Money Market7.1%
    German Fixed Interest5.5%
    Spanish Fixed Interest4.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-1.2%-1.5%--
Sector-1.8%-2.2%0.6%3.2%5.9%13.5%
Rank within sector101 / 315103 / 312168 / 307207 / 295--
Quartile2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund1.8%-0.7%---
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector207 / 299127 / 275---
Quartile3rd2nd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.29
52 week low9.93
Current bid price-
Current offer price-
Current mid price10.17
Region
1USA44.42%
2UK7.34%
3Money Market7.12%
4Germany5.49%
5Spain4.52%
6Netherlands3.59%
7Italy3.44%
8Mexico3.07%
9Japan2.84%
Industry sector
1Investment Grade Bonds65%
2Government Guaranteed23%
3Mortgage & Secured Bonds7%
4Others5%
5High Yield Bond3%
6Short Dated Bonds-3%
Asset type
1US Fixed Interest44.42%
2UK Fixed Interest7.34%
3Money Market7.12%
4German Fixed Interest5.49%
5Spanish Fixed Interest4.52%
6Dutch Fixed Interest3.59%
7Italian Fixed Interest3.44%
8Mexican Fixed Interest3.07%
9Japanese Fixed Interest2.84%
Individual holdings
1U S TREASURY NOTE11.7%
2SPANISH GOVT BD (BONOS Y OBLIG)3%
3BANK OF AMERICA CORP NT MTN1.3%
4GOLDMAN SACHS GROUP INC SR NT1.3%
5US TREASURY NOTE1.3%
Management
Fund manager group
PIMCO Global Advisors(IRL)
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund objective
The PIMCO GIS Low Duration Global Investment Grade Credit Fund is an actively managed portfolio of primarily short-dated investment grade credit instruments. Portfolio duration may vary between 0-4 years and may invest up to 15% of assets in below-investment grade.
Benchmark
  • Barclays Global Aggregate Credit 1-5 Yrs Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Mark R. Kiesel28/02/2014Mr. Kiesel is CIO Global Credit and a managing director in the Newport Beach office. He is a member of the Investment Committee, a generalist portfolio manager and the global head of corporate bond portfolio management, with oversight for the firm’s investment grade, high yield, bank loan, municipal and insurance business as well as credit research. Morningstar named him Fixed-Income Fund Manager of the Year in 2012 and a finalist in 2010. He has written extensively on the topic of global credit markets, founded the firm’s Global Credit Perspectives publication and regularly appears in the financial media. He joined PIMCO in 1996 and previously served as PIMCO's global head of investment grade corporate bonds and as a senior credit analyst. He has 23 years of investment experience and holds an MBA from the University of Chicago's Graduate School of Business. He received his undergraduate degree from the University of Michigan.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Pimco Low Duration Global Investment Grade Credit E Hedged Acc EUR
Initial charge5%
Annual charge1.39%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price10.17
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPHQ
Pimco Low Duration Global Investment Grade Credit Inst Acc USD
Initial charge5%
Annual charge0.49%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)0.49%
Bid price-
Offer price-
Mid price10.61
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPHS
Pimco Low Duration Global Investment Grade Credit Inst Hedged Acc EUR
Initial charge5%
Annual charge0.49%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)0.49%
Bid price-
Offer price-
Mid price10.44
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPHP
Pimco Low Duration Global Investment Grade Credit Inst Hedged Acc GBP
Initial charge5%
Annual charge0.49%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)0.49%
Bid price-
Offer price-
Mid price10.63
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPIJ
Data provided by

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