PIMCO Diversified Income I Cap SEK Hdg

Objectives The fund aims to maximise the total return on your investment through providing efficient access to broad global credit market exposure by investing primarily in a diversified portfolio of fixed income securities and instruments of varying maturities, using prudent investment management principles. Investment Policy The fund is an actively managed portfolio which seeks to achieve its investment objective by investing primarily in a diversified pool of corporate and emerging market 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. The fund's average portfolio duration will normally be within positive or negative two years of that of the fund's benchmark (an equally weighted blend of the Bloomberg Global Aggregate Credit ex-Emerging Markets, the ICE BofAML BB-B Rated Developed Markets High Yield Constrained and the JPMorgan EMBI Global, indices (all USD hedged)) (together the "Benchmark"). Duration measures the sensitivity of the assets to interest rate risk. The longer the duration the higher the sensitivity to changes in interest rates. The fund is considered to be actively managed in reference to the Benchmark by virtue of the fact that the Benchmark is used for duration measurement, 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 Benchmark. However, the Benchmark 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 Benchmark. The securities will be both "investment grade" and "non-investment grade". Non-investment grade securities are considered to be more risky, but typically produce a higher level of income. The fund may invest substantially in emerging

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No