PIMCO GIS Global Real Return Fund SGD-Hedged(IE00B29WLV81)
- Fixed income
- Inflation linked
- Global
- SGD Cash, SRS
- Accumulating
The Fund seeks to maximise real return by investing at least two-thirds of its assets in a diversified portfolio of inflation-indexed fixed income instruments of varying maturities issued by governments, their agencies or instrumentalities and corpor...
Invests in a globally diversified portfolio of inflation-linked bonds issued by governments, agencies, and corporations to generate "real returns" (total return exceeding inflation). Aims to preserve purchasing power by adjusting the principal or interest payments of holdings to track official inflation measures. The fund is actively managed relative to the Bloomberg World Government Inflation-Linked Bond Index, with the flexibility to invest up to one-third of assets in off-benchmark sectors to enhance returns.
Managed by a senior team including Lorenzo Pagani, Steve Rodosky, and Daniel He. Lorenzo Pagani, Managing Director, is ultimately responsible for all the buys and sells within the Fund. Pagani oversees ex-US inflation-linked strategies, while Rodosky, who previously led the firm's US Treasury trading desk, guides US positioning. The portfolio managers are supported by PIMCO's extensive global resources, including specialized credit research analysts and a deep bench of fixed income experts.
Seeks to deliver consistent outperformance against the benchmark and peers over the medium to long term by identifying multiple sources of value. Historically has demonstrated strong risk-adjusted returns, benefiting from the ability to allocate across diverse global markets and sectors beyond the core index. Performance is driven by a combination of structural inflation protection and active alpha generation from security selection.
Employs PIMCO's proven total return philosophy, integrating top-down macroeconomic analysis with rigorous bottom-up security selection. Top-down strategies assess global economic forces to guide asset allocation, while bottom-up research identifies undervalued securities and credit opportunities. Constructs a diversified portfolio across global inflation-linked markets, while actively managing risks related to credit, currency (limited non-USD exposure), and duration.
Access to institutional share class with no trailer fees to achieve the lowest possible fees.
Serves as a dedicated inflation hedge to protect the portfolio's real purchasing power against rising prices. However, it is still exposed to interest rate risk. Fits as a core diversifier within a fixed income allocation, offering exposure distinct from nominal government or corporate bonds.
Daily data. Returns as of 13 Sep 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | 0.7% | 1.7% | -2.7% | 0.5% | 0.7% | -0.5% | -1.3% | 0.0% | - | - | - | - |
| 2025 | 4.0% | 1.2% | 1.3% | -0.4% | -0.1% | -0.8% | 1.5% | -0.2% | 0.2% | 0.6% | 1.1% | -0.1% | -0.5% |
| 2024 | -1.5% | -1.0% | -0.4% | 1.2% | -2.0% | 1.3% | 0.1% | 2.0% | 0.1% | 0.8% | -2.0% | 0.9% | -2.1% |
| 2023 | 3.3% | 2.2% | -1.9% | 2.9% | -0.9% | -1.9% | 0.7% | 0.2% | -0.9% | -2.5% | -0.8% | 2.9% | 3.6% |
| 2022 | -16.3% | -2.1% | 0.1% | -0.9% | -2.8% | -3.6% | -3.7% | 5.1% | -4.0% | -6.8% | 0.9% | 2.9% | -2.3% |
| Load more | 5 of 19 | ||||||||||||
| 5 Year Treasury Note Future Sept 26 (2026-10-01 Maturity) | 7.70% |
| Federal National Mortgage Association 4.5% (2056-08-13 Maturity) | 5.02% |
| Long-Term Euro BTP Future Sept 26 (2026-09-09 Maturity) | 3.66% |
| United States Treasury Notes 0.5% (2028-01-15 Maturity) | 3.14% |
| IRO EUR 1Y P 2.45000 L 03/03/28 CBK (2028-03-03 Maturity) | 2.89% |
| United States Treasury Notes 0.125% (2031-07-15 Maturity) | 2.56% |
| United States Treasury Notes 1.625% (2029-10-15 Maturity) | 2.55% |
| France (Republic Of) 0.1% (2028-03-01 Maturity) | 2.37% |
| United Kingdom of Great Britain and Northern Ireland 1.25% (2032-11-22 Maturity) | 2.17% |
| Euro Bobl Future Sept 26 (2026-09-09 Maturity) | 2.04% |
| Italy (Republic Of) 1.3% (2028-05-15 Maturity) | 1.97% |
| United States Treasury Bonds 3.625% (2028-04-15 Maturity) | 1.89% |
| United Kingdom of Great Britain and Northern Ireland 0.125% (2028-08-10 Maturity) | 1.87% |
| Japan (Government Of) 0.1% (2029-03-10 Maturity) | 1.87% |
| United States Treasury Notes 1.625% (2027-10-15 Maturity) | 1.85% |
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