PIMCO Asia Strategic Interest Bond I Dis $

Objectives The fund seeks to generate attractive and stable income. Long-term capital appreciation is a secondary objective. Investment Policy The fund invests in a broad array of fixed income instruments (which are similar to loans and pay a fixed or variable rate of interest) issued by companies or governments. The fund will concentrate its investments in securities from issuers domiciled in Asia ex-Japan but may invest up to one third of its total assets in fixed income instruments from issuers domiciled outside Asia ex-Japan. The fund is considered to be actively managed in reference to the JPMorgan Asia Credit Index (JACI) (the "Index") by virtue of the fact that the Index is used for calculating the global exposure of the fund using the relative VaR methodology and for performance comparison purposes. Certain of the fund's securities may be components of and may have similar weightings to the Index. However, the Index is not used to define the portfolio composition of the fund or as a performance target and the fund may be wholly invested in securities which are not constituents of the Index. The average portfolio duration of the fund will normally vary between 2 and 8 years based on the investment advisor's forecast for interest rates. Duration measures the sensitivity of the fixed income securities to interest rate risk. The longer the duration the higher the sensitivity to changes in interest rates. The fund invests in "investment grade" and "non-investment grade" securities. The fund may invest up to 50% of total assets in "non-investment grade" securities. Non-investment grade securities are considered to be more risky, but typically produce a higher level of income. The fund may invest in emerging markets, which in investment terms are those economies that are not as developed. Emerging markets exposure may be denominated in USD or local currencies. The fund may invest in derivative instruments (such as futures, options and swaps) rather than directly in

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No