Important risk disclosure

Please click here and read carefully the summary of the key features and risks specific to this fund stated in the offering document prepared by the relevant fund house before making any investment decision.

You should not rely solely on the information contained on this webpage to make investment decisions. You should read carefully and understand the relevant fund's offering documents before making any investment decision.

IE0030759645
PIMCO GIS Emerging Markets Bond Fund

  • Fixed income
  • Emerging markets
  • USD Cash
  • Accumulating
Invest with
USD Cash
Payout type
Accumulating
Risk rating
5
About this fund
Description
The Fund seeks to maximise total return, consistent with prudent investment management by investing at least 80% of its assets in fixed income instruments of issuers that economically are tied to countries with emerging securities markets, denominate...
Key information
Annual report
Key fact sheet
Prospectus
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Provides investors with a diversified exposure to the attractive yield of emerging markets hard currency fixed income. Active management of emerging market bonds with tactical investments in non-benchmark local currencies and instruments to maximise total return potential and minimise risk relative to the benchmark PIMCO is the world's largest dedicated fixed income fund manager.
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people
People
The Fund is managed by Yacov Arnopolin, Javier Romo, and Pramol Dhawan who all have over 20 years of experience. They are supported by a firmwide resource of over 65 credit research analysts, with 30 analysts dedicated to emerging markets coverage.
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performance
Performance
Since inception, the Fund has outperformed most of its peers in delivering risk adjusted returns.
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process
Process
Provides benefit from the multiple, complementary analytical approach with emphasis on both quantitative and qualitative aspects as well as combining top-down and bottom-up approaches. While recognising it can be costly to replicate market beta (index) in the emerging markets environment, the team mitigates common sources of drags to enhance beta, aiming to optimally construct an active risk neutral portfolio as a starting point before applying active views.
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cost
Cost
Access to the Institutional share class with trailer rebates to achieve the lowest possible fees.
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selectionCriteria
How it fits in a portfolio
Investors may consider the fund as part of a tactical position in emerging markets through fixed income products. While the fund limits concentration risk and remains diversified regardless of conviction levels, investors should note that this fund is emerging markets focused with an investment guideline to invest minimum 80% in emerging markets. Investors should consider diversifying their portfolio across other geographies.
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
154.21%
YTD
10.27%
1 month
1.82%
6 month
6.29%
1 year
11.08%
3 year
34.68%
5 year
13.38%
10 year
58.57%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Yield
8.13%As of Jun 2025
Risk metrics
Max drawdown
-25.68%As of Aug 2025
Volatility
9.61%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025-1.8%1.9%-0.7%0.6%0.2%2.7%1.5%1.8%----
20248.4%-0.7%0.7%2.3%-1.9%1.9%0.7%2.3%2.2%2.2%-1.8%1.6%-1.1%
202311.8%3.7%-2.4%1.2%0.2%-1.1%2.5%1.7%-1.3%-2.8%-1.2%5.9%5.1%
2022-17.0%-2.7%-6.1%0.1%-5.3%0.0%-6.3%2.4%-1.0%-6.2%-0.5%7.5%0.5%
2021-2.3%-1.1%-2.4%-1.3%2.3%1.2%0.7%0.5%1.2%-2.2%-0.5%-2.1%1.5%
Load more5 of 20
Top Exposures
10 Year Treasury Note Future Sept 25 (2025-09-20 Maturity)16.13%
PIMCO US Dollar S/T Fl NAV Z USD Inc (2025-07-22 Maturity)2.80%
5 Year Treasury Note Future Sept 25 (2025-10-01 Maturity)2.54%
CDX.O P 0.85 IG44 5Y V1 I 10/15/25 GST (2025-10-15 Maturity)2.17%
RFR USD SOFR/3.25000 06/18/25-5Y CME Receive (2030-06-18 Maturity)2.12%
Euro Bobl Future Sept 25 (2025-09-09 Maturity)1.31%
ZCS BRL 9.84208 03/12/24-01/04/27 CME Receive (2027-01-04 Maturity)1.01%
ZCS BRL 14.41 12/11/24-01/04/27 CME Receive (2027-01-04 Maturity)1.00%
SAUDI ARABIA GOVT EM SP GST (2030-06-20 Maturity)1.00%
SAUDI ARABIA GOVT EM SP BRC (2030-06-20 Maturity)0.96%
INDONESIA AS SP GST (2030-06-20 Maturity)0.95%
TURKEY EM SP JPM (2030-06-20 Maturity)0.89%
IRS HUF 5.93500 05/08/25-5Y CME Receive (2030-05-08 Maturity)0.87%
RFR USD SOFR/3.00000 03/19/25-5Y CME Receive (2030-03-19 Maturity)0.87%
IRS CZK 3.53000 07/15/24-5Y CME Receive (2029-07-15 Maturity)0.84%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
0.79% p.a.
Fund facts
ISIN
IE0030759645
Fund house
PIMCO
Fund size
US$5.6B
As of 29 Aug 2025
Fund inception date
31 Jul 2001
Fund class currency
USD
Oldest share inception date
31 Jul 2001
Pricing frequency
Daily

Warning statements

  • All investments involve risks (including the possibility of loss of the capital invested) and the price of fund units may go up as well as down.
  • Past performance is not indicative of future performance.
  • Although this fund has been authorised by the Hong Kong Securities and Futures Commission (“SFC”), it does not imply an official recommendation or endorsement by the SFC nor does it guarantee the commercial merits of the fund or its performance.
  • If you are in any doubt, you should clarify with us or seek independent professional advice.

Risk Warnings Investment involves risk. Past performance is not an indicator nor a guarantee of future performance or returns. Projected performance or returns are not guaranteed to materialise. The value of investments and the income from them can go down as well as up, and you may not get the full amount you invested. Rates of exchange may cause the value of investments to go up or down. Individual stock performance does not represent the return of a fund.

The value of the fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount or all of your investment could be lost.

Generic risk warnings relating to collective investment schemes

Funds are not a bank deposit and not capital guaranteed, and is subject to investment risks, including the possible loss of the principal amount invested. There is no assurance that a fund will have sufficient liquidity to meet redemption requests and that the fund's investment objectives and strategies will be achieved.

The funds' investment may involve substantial market, currency, volatility, liquidity, regulatory and political risks. Some funds may use derivatives, whether for hedging or for investment purposes. The risks associated with derivatives include counterparty/credit, liquidity, valuation, volatility and market risks. The fund's volatility may increase or decrease from its derivative usage and such fund may suffer losses from its derivative usage. Do not invest in these funds unless you fully understand and are willing to assume the risks associated with them.

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