Fund Rationale: PIMCO GIS Global Bond Fund

PIMCO GIS Global Bond Fund (the "Fund")
SGD Hedged Institutional Accumulation Shares (ISIN: IE00B3Q8VQ13) | Daily Price & Charts (SGD)
CHF Hedged Institutional Accumulation Shares (ISIN: IE0033051115) | Daily Price & Charts (CHF)
EUR Hedged Institutional Accumulation Shares (ISIN: IE0032875985) | Daily Price & Charts (EUR)
GBP Institutional Hedged Accumulation Shares (ISIN: IE0032876066) | Daily Price & Charts (GBP)
USD Institutional Accumulation Shares (ISIN: IE0002461055) | Daily Price & Charts (USD)
Fund Manager Page

Endowus has selected the PIMCO GIS Global Bond Fund for its diverse portfolio of securities in the broad global fixed income market, its proven track record, and its team of established portfolio managers.
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Key Information

Fund Objective: Seeks to maximise total return by investing at least two-thirds of its assets in a diversified portfolio of fixed income instruments denominated in major world currencies.

Suitability: Investors who are looking to maximise total return through a combination of both income and capital growth, are looking for a diversified exposure to global fixed income markets and are willing to accept the risks and volatility associated with investing in such markets, and have an investment horizon over the medium to long term.

Cost (SGD, CHF, EUR, GBP, USD):
PIMCO_GIS_Global_Bond_Fund_Cost_Institutional_0__Trailer.png

  1. Total Fund-level Fees include fund management fee of 0.49%.
  2. This is an institutional share class that offers the lowest possible fees. There are no trailer fees for this institutional share class.
  3. Endowus do not charge a preliminary sales charge or any other additional fees, other than the all-in Endowus Access Fee.

Fund Characteristics

Fund Inception: 12 March 1998
Share Class Inception: 7 August 2009
Benchmark: Bloomberg Barclays Global Aggregate Index

Fund AUM: SGD 19.8bn
Source: MorningStar as of 30 June 2021. Please refer to the FMC page for the most updated AUM.

Regional Allocation:
PIMCO_GIS_Global_Bond_Fund_Region.png

Sector Allocation:
PIMCO_GIS_Global_Bond_Fund_Sector.png

Source: MorningStar as of 31 March 2021. Allocation data indicate actual exposure as a percentage of the Fund's total Net Asset Value. Please refer to the Fund Manager Page for the most updated information on Fund Holdings and Breakdown.

Selection Criteria

Endowus has selected the PIMCO GIS Global Bond Fund for its ability to generate alpha from multiple sources of returns within the global fixed income market, well-evidenced through its long and consistent outperformance of its benchmark and peers. The Fund takes into account PIMCO’s core principles and focuses on long-term secular trends, considers a broad investment universe, and employs multiple concurrent strategies to maximise returns — resulting in a diverse portfolio that efficiently exploits opportunities in not only various sectors and regions, but also in duration, instruments, and currency, and generates favourable returns consistently through cycles and market conditions.

The Fund is managed by Andrew Balls, Sachin Gupta, and Lorenzo Pagani, who have a collective investment experience of more than 60 years, and has demonstrated higher excess and risk-adjusted returns relative to peers over the past 10 years.

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Updated by Endowus: September 2021

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