IE00BG88PX59

PIMCO GIS Emerging Markets Bond Fund SGD-Hedged(IE00BG88PX59)

Fixed income
Investment grade
Emerging markets
SGD Cash, SRS
Accumulating

Invest with

SGD Cash, SRS

Payout type

Accumulating

Risk rating

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

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Product Highlight Sheet

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Prospectus

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Factsheet

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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.

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.

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.

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.

Cost

Access to institutional share class with no trailer fees to achieve the lowest possible fees.

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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Performance

Returns

NAV

Shows the total return of this accumulating fund, which includes dividends reinvested.

Total returns

Cumulative

Annualised

All Time

26.44%

YTD

-1.75%

1 month

-3.80%

6 month

0.94%

1 year

8.67%

3 year

27.82%

5 year

10.82%

As of Mar 2026

Distributions

This is an accumulating fund, so dividends are re-invested at the fund level.

Yield

7.34%As of Dec 2025

Risk metrics

Max drawdown

-25.83%As of Mar 2026

Volatility

10.01%As of Mar 2026

Calendar returns

Year	Total	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	-	0.9%	1.2%	-3.8%	-	-	-	-	-	-	-	-	-
2025	13.6%	1.6%	1.9%	-0.8%	0.5%	0.0%	2.6%	1.2%	1.5%	1.6%	2.0%	0.4%	0.4%
2024	6.4%	-0.7%	0.5%	2.2%	-2.1%	1.8%	0.5%	2.1%	2.1%	2.0%	-2.0%	1.4%	-1.3%
2023	10.0%	3.6%	-2.4%	1.1%	0.1%	-1.2%	2.4%	1.6%	-1.4%	-2.9%	-1.3%	5.7%	4.8%
2022	-17.3%	-2.7%	-6.1%	0.1%	-5.4%	0.1%	-6.3%	2.4%	-1.1%	-6.3%	-0.4%	7.3%	0.5%
Load more		5 of 9

Top Exposures

Holdings

Regions

Sectors

10 Year Treasury Note Future Mar 26 (2026-03-21 Maturity)	15.76%
2 Year Treasury Note Future Mar 26 (2026-04-01 Maturity)	6.22%
PIMCO US Dollar S/T Fl NAV Z USD Inc (2026-01-31 Maturity)	4.05%
5 Year Treasury Note Future Mar 26 (2026-04-01 Maturity)	3.92%
IRS EUR 2.00000 03/18/26-2Y LCH Receive (2028-03-18 Maturity)	3.31%
RFR USD SOFR/3.75000 12/17/25-5Y CME Receive (2030-12-17 Maturity)	2.72%
IRS CZK 3.71500 11/18/25-5Y CME Receive (2030-11-18 Maturity)	1.27%
Euro Bobl Future Mar 26 (2026-03-07 Maturity)	0.77%
INDONESIA AS SP GST (2030-12-20 Maturity)	0.76%
ZCS BRL 9.84208 03/12/24-01/04/27 CME Receive (2027-01-04 Maturity)	0.72%
ZCS BRL 14.41 12/11/24-01/04/27 CME Receive (2027-01-04 Maturity)	0.72%
SAUDI ARABIA GOVT EM SP GST (2030-06-20 Maturity)	0.68%
CASH COLLATERAL FUT BCY USD (2060-12-31 Maturity)	0.39%
CASH COLLATERAL ICE MSC USD (2060-12-31 Maturity)	0.30%
CASH COLLATERAL LCH MSC USD (2060-12-31 Maturity)	0.22%

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

IE00BG88PX59

Fund house

PIMCO

Fund size

S$8.9B

As of 31 Mar 2026

Fund inception date

02 Jul 2018

Fund class currency

SGD

Fund share class

I SGD Hedged Acc

Oldest share class ISIN

IE0030759645

Oldest share inception date

31 Jul 2001

Pricing frequency

Daily

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