PIMCO GIS ESG Income Fund Institutional NOK Hedged Acc
ISIN IE000JADHRZ9 / Valor 12405571
PIMCO GIS ESG Income Fund Institutional NOK Hedged Acc
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General Objective
The fund aims to achieve capital growth over the medium- to long-term by investing in Catastrophe bonds (cat bonds) in any currency, while promoting environmental, social, and governance (ESG) characteristics.
Fund Exposure
The fund's portfolio consists of insurance-linked securities or cat bonds that are at risk of coupon and principal loss in the case of pre-defined insurance events, such as natural catastrophes. These securities are structured with typically a floating rate coupon and are issued by various entities including insurance and reinsurance companies, governments, and corporations.
Risks
Investing in cat bonds involves the risk of coupon and principal loss in the event of natural catastrophes or other pre-defined insurance events. Additionally, the use of financial derivative instruments (FDIs) such as foreign exchange forwards introduces currency risk to the fund.
Source
https://www.pimco.de/de-de/investments/gis/esg-income-fund/admin-sek-hedged-acc
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