PIMCO SELECT PIMCO Obbligazionario Prudente Fund Institutional EUR Accumulation

The PIMCO Obbligazionario Prudente Fund primarily invests at least two-thirds of its assets in a diverse range of fixed income instruments, including both investment grade and non-investment grade securities with varying maturities. The fund actively manages its portfolio to seek long-term returns by outperforming the Euro Short-Term Rate benchmark, adjusting the average duration between zero to five years based on interest rate forecasts. It includes a mix of fixed and variable interest loans and may also allocate investments to emerging markets, balancing the potential for higher income with prudent capital preservation.