PIMCO US Short-Term I Dis $ hdg

Objectives The fund aims to seek maximum current income consistent with the preservation of capital and daily liquidity, through investing in a diversified portfolio of high-quality short-duration securities and instruments, using prudent investment management principles. Investment Policy The fund aims to achieve this objective by investing primarily in a range of "investment grade" fixed income securities and instruments (which are similar to loans that pay a fixed or variable rate of interest) issued by companies or governments from around the world and mostly priced in U.S. dollars. The average portfolio duration of this fund will normally vary based on the investment advisor's forecast for interest rates and is not expected to exceed one year. Duration measures the sensitivity of the assets to interest rate risk. The fund intends to measure its performance against the FTSE 3-Month U.S. Treasury Bill Index (the "Index"). The fund is considered to be actively managed in reference to the Index by virtue of the fact that it uses the Index 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 fund may also invest up to 10% 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. The fund may invest in derivative instruments (such as futures, options and swaps) rather than directly in the underlying securities themselves. The derivatives return is linked to movements in the underlying assets. The fund may hold both non-USD denominated investment positions and non-USD denominated curren

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No