IE0034235410

PIMCO GIS Emerging Markets Bond Fund GBP-Hedged

  • Fixed income
  • Investment grade
  • Emerging markets
  • GBP Cash
  • Accumulating
Invest with
GBP Cash
Payout type
Accumulating
Risk rating
5
About this fund
Description
The Fund seeks to maximise total return potential and minimise risk relative to the benchmark by actively investing primarily in fixed income securities from issuers in, or economically tied to, emerging or developing countries.
Key information
Annual report
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Product Highlight Sheet
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Prospectus
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Information Memorandum
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Our perspective
Why we think this fund is best-in-class
Product
Provides investors with diversified exposure to the yield potential of emerging markets hard currency fixed income. Actively manages exposure with tactical allocations to non-benchmark local currencies and instruments to maximize total return while managing risk relative to the benchmark.
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People
Managed by PIMCO, one of the world's largest dedicated fixed income managers, leveraging extensive firmwide resources. The strategy is led by senior portfolio managers Pramol Dhawan, Yacov Arnopolin, and Javier Romo, who each possess over 20 years of industry experience. The leadership team is supported by over 65 credit research analysts, with 30 analysts dedicated specifically to emerging markets coverage.
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Performance
The fund has historically met its objective to deliver superior risk-adjusted returns relative to peers over a full market cycle. Performance is driven by a focus on maximizing total return potential while minimizing tracking error volatility relative to the benchmark.
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Process
Utilises a complementary analytical framework that integrates both quantitative and qualitative insights alongside top-down and bottom-up perspectives. The investment process begins with constructing an active risk-neutral portfolio to mitigate index replication costs, serving as a baseline for active view implementation.
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Cost
Access to institutional share class with no trailer fees to achieve the lowest possible fees.
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How it fits in a portfolio
It functions as a tactical fixed income building block for investors seeking dedicated exposure to emerging market yields. Investors should note the specific regional risks involved and ensure the portfolio is diversified across other geographies.
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Compare funds
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
151.88%
YTD
2.54%
1 month
0.90%
6 month
3.17%
1 year
14.45%
3 year
40.76%
5 year
15.52%
10 year
48.03%
As of May 2026
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Yield
7.99%As of Mar 2026
Risk metrics
Max drawdown
-26.35%As of May 2026
Volatility
9.67%As of May 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-1.2%1.4%-3.6%2.8%0.9%-------
202516.1%1.8%1.9%-0.6%0.7%0.1%2.7%1.5%1.8%1.8%2.2%0.6%0.6%
20248.0%-0.7%0.7%2.3%-1.9%1.9%0.6%2.2%2.2%2.1%-1.9%1.6%-1.2%
202310.8%3.6%-2.4%1.2%0.1%-1.1%2.4%1.7%-1.3%-2.9%-1.2%5.7%5.0%
2022-18.0%-2.7%-6.1%0.0%-5.5%0.0%-6.4%2.3%-1.1%-6.4%-0.4%7.2%0.3%
Top Exposures
10 Year Treasury Note Future June 26 (2026-06-19 Maturity)14.53%
2 Year Treasury Note Future June 26 (2026-07-01 Maturity)5.92%
Short-Term Euro BTP Future June 26 (2026-06-09 Maturity)4.79%
5 Year Treasury Note Future June 26 (2026-07-01 Maturity)3.80%
PIMCO US Dollar S/T Fl NAV Z USD Inc (2026-05-02 Maturity)3.03%
CDX.O P 0.75 IG45 5Y V1 I 05/20/26 GST (2026-05-20 Maturity)2.59%
IRS CZK 3.71500 11/18/25-5Y CME Receive (2030-11-18 Maturity)1.17%
Ultra US Treasury Bond Future June 26 (2026-06-19 Maturity)0.88%
INDONESIA AS SP GST (2031-06-20 Maturity)0.83%
Petroleos Mexicanos Sa De CV 7.69% (2050-01-23 Maturity)0.80%
ZCS BRL 9.84208 03/12/24-01/04/27 CME Receive (2027-01-04 Maturity)0.75%
ZCS BRL 14.41 12/11/24-01/04/27 CME Receive (2027-01-04 Maturity)0.74%
Euro Bobl Future June 26 (2026-06-09 Maturity)0.73%
CASH COLLATERAL FUT BCY USD (2060-12-31 Maturity)0.40%
CASH COLLATERAL ICE MSC USD (2060-12-31 Maturity)0.29%
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
IE0034235410
Fund house
PIMCO
Fund size
£5.2B
As of 30 Apr 2026
Fund inception date
05 Feb 2004
Fund class currency
GBP
Fund share class
Inst GBP Hedged-Acc
Oldest share class ISIN
IE0030759645
Oldest share inception date
31 Jul 2001
Pricing frequency
Daily

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