PIMCO Global Inv. Grade Credit Inv. Dis GBP Hdg

Objectives The fund aims to maximise the total return on your investment through primarily investing in a diversified portfolio of investment grade corporate fixed income instruments and securities, using prudent investment management principles. Investment Policy The fund aims to achieve its objective by investing at least two-thirds of its assets in a diversified portfolio of investment grade corporate fixed income instruments and securities (which are similar to loans that pay a fixed or variable rate of interest) issued by companies from around the world. The fund may invest up to 15% in "non-investment" grade securities. Non-investment grade securities are considered to be more risky, but typically produce a higher level of income. The average portfolio duration of the fund will normally vary within two years (plus or minus) of the Bloomberg Global Aggregate-Credit Index (the "Index"). 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 Index by virtue of the fact that the Index 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 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. Investments may also be linked to emerging market countries, 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 assets held by the fund may b

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No