PIMCO GIS Global Bond Ex-US Fund Institutional EUR (Hedged) Accumulation

The Global Bond Ex-US Fund is a diverse actively managed portfolio of global fixed-income securities that primarily invests in investment grade bonds denominated in major world currencies. The fund aims to offer efficient exposure to a sector that can be difficult to access directly and potential for enhanced returns through diversification.

The fund's exposure includes global fixed-income securities denominated in major world currencies, with a focus on investment grade bonds. The average duration of the fund will normally vary within +/- 3 years of the benchmark, and non-US dollar exposure is limited to 20% of total assets. The fund benefits from diversified sources of returns, leveraging the manager's views on interest rates, exchange rates, credit, and country trends.

The Global Bond Ex-US Fund is exposed to various risks, including counterparty risk, credit and default risk, currency risk, derivatives and counterparty risk, emerging markets risk, liquidity risk, interest rate risk, and mortgage-related and other asset-backed securities risks. These risks could lead to potential losses in the value of investments due to market movements, defaults, or changes in interest rates.

https://www.pimco.com/de/de/investments/gis/global-bond-ex-us-fund/invst-usd-accumulation