Pimco Global Bond Fund
Pimco Global Bond Fund
Pimco Global Bond Fund
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• The Fund invests at least two-thirds of its assets in a diversif ied portf olio of Fixed on the investment
Income Instruments denominated in major world currencies. strategy.
• The Fund invests primarily in investment grade Fixed Income Instruments, but may
invest up to 10% of its total assets in Fixed Income Instruments that are rated lower
than Baa by Moody’s or lower than BBB by S&P or equivalently rated by Fitch, but
rated at least B by Moody’s or S&P or equivalently rated by Fitch (or, if unrated,
determined by the Investment Adviso r to be of comparable quality) with the
exception of MBS f or which there is no minimum credit rating requirement. Although
there is no minimum credit rating requirement f or MBS, below investment grade
MBS will be taken into account when calculating the af o rementioned 10% limit in
below investment grade securities. The Fund may invest without limit in securities
of issuers that are economically tied to countries with developing, or emerging
market economies.
• As part of its investment strategy, the Fund seeks to invest in a diverse, actively
managed portf olio of global f ixed-income securities. The investment strategy seeks
to deploy the Investment Advisor’s total return investment process and philosophy.
• The Fund may hold both non-USD denominated Fixed Income Instruments and non-
USD denominated currency positions. Non-USD currency exposure is limited to
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• The Fund is subject to currency risk as changes in exchange rates between
currencies or the conversion f rom one currency to another may cause the value of
the Fund’s investments to diminish or increase.
• The Fund is subject to interest rate risk as the value of Fixed Income Securities
held by the Fund is likely to decrease if nominal interest rates rise.
Liquidity Risks
• The Fund is exposed to liquidity risk where it invests in derivative instruments
which are dif f icult to purchase or sell. If a derivative transaction is particularly large
or if the relevant market is illiquid, it may not be possible to initiate a transaction or
liquidate a position at an advantageous time or price. The Fund is not listed in
Singapore and you can redeem only on Dealing Days. There is no secondary
market in Singapore f or the Fund.
Product-Specific Risks
• The Fund's use of derivative instruments is subject to the derivatives risks
described in the Irish Prospectus, such as liquidity risk, interest rate risk,
market risk, credit risk and management risk. Derivatives will typically be used
as a substitute f or taking a position in the underlying asset
• The Fund is subject to global investment risk as securities of certain
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W 0.39% p.a. - - 0.39% p.a.
Management Fee Breakdown 3
Institutional, H Institutional, E, Investor, M Retail and W Classes
(a) Retained by Manager 40% to 100%
(b) Paid by Manager to f inancial adviser or distributor (trailer f ee) 0% to 60%
Investor and Administrative Classes
(a) Retained by Manager 100%
(b) Paid by Manager to f inancial adviser or distributor (trailer f ee) 0%
The f ees payable to the Manager shall not exceed 2.50% per annum of the NAV.
The f ees and expenses of the Investment Advisor, the Administrator and Depositary,
shall be paid by the Manager f rom the Management Fee.
3 The f ee range applicable to each relevant Share Class may change f rom time to
time without prior notice. Your f inancial adviser is required to disclose to you the
amount of any applicable f ees (including a trailer f ee or the above noted Service Fee
or Trail Fee) that it receives f rom the Manager.
VALUATIONS AND EXITING FROM THIS INVESTMENT
HOW OFTEN ARE VALUATIONS AVAILABLE? Ref er to
The prices of Shares will be published two Singapore Business Days af ter the "Redemption of
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APPENDIX: GLOSSARY OF TERMS
Business Day : means any day on which banks are open f or business in Dublin, Ireland or such other
days as may be specif ied by the Company, with the approval of the Depositary.
CIBM : means China Inter-Bank Bond Market.
Dealing Day : means any day on which banks are open f or business in the United States or such
other days as may be specif ied by the Directors with the approval of the Depositary
provided there shall be one Dealing Day per f ortnight and all Shareholders will be
notif ied in advance. Notwithstanding the f oregoing, it will not be a Dealing Day f or the
Fund where either as a result of public holidays or market/stock exchange closures in
any jurisdiction, it makes it dif ficult (i) to administer the Fund or (ii) value a portion of
the Fund’s assets. For f urther details on proposed Fund closures throughout the year,
Shareholders and prospective investors should contact the approved distributor or
Singapore Representative or consult the Funds Holiday Calendar (a copy of which is
also available f rom the approved distributor or Singapore Representative).
Dealing : means generally bef ore 5:00 p.m. (Singapore time) on each Dealing Day.
Deadline
Fixed Income : includes Fixed Income Securities and derivative instruments including but not limited
Instruments to f utures, options and swap agreements (which may be listed or over-the-counter)
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