PIMCO Dynamic Bond I Cap CAD Hdg

Objectives The fund aims to maximise long-term return, consistent with preservation of capital through investing in a diversified portfolio of fixed income instruments and securities, using prudent investment management principles. Investment Policy The fund aims to achieve this objective by investing primarily in a range of fixed income instruments and securities (which are similar to loans that pay a fixed or variable rate of interest) issued by companies or governments from around the world. Securities will be priced in a range of global currencies. The average portfolio duration of this fund will normally vary from negative 3 years to positive 8 years based on the investment advisor's forecast for interest rates. 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 invests primarily in "investment grade" securities but may also invest up to 40% of its 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 substantially in emerging markets, which in investment terms are those economies that are not as developed. The fund intends to measure its performance against the ICE BofA SOFR Overnight Rate Index (the "Benchmark"). The fund is considered to be actively managed in reference to the Benchmark by virtue of the fact that it uses the Benchmark for performance comparison purposes. However the Benchmark is not used to define the portfolio composition of the fund or as a performance target. 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 be denominated in a wide variety of currencies. Non-USD denominated currency exposure is limited to 35% of

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No