Press Statement

PIMCO Launches PIMCO GIS StocksPLUS Absolute Return Fund

The fund offers a time-tested approach to equity investing

 

London (14 May, 2019) - PIMCO, a leading global investment management firm, has launched the PIMCO GIS StocksPLUS Absolute Return Fund. It aims to deliver consistent excess returns and diversification by combining passive exposure to the S&P 500 index with a complementary, actively-managed bond alpha strategy. The fund’s bond alpha strategy is designed to outperform over a very broad range of overall bond market environments.

The fund replicates S&P 500 performance using equity index futures or total return swaps, and intends to deliver outperformance through a global, high-quality bond alpha strategy. Fixed income represents a large and historically reliable opportunity set from which to extract potential alpha, offering the potential for more consistent outperformance. PIMCO has been successfully managing a similar strategy in the US since 2002. The fund is managed by Managing Director Mohsen Fahmi, member of PIMCO’s Investment Committee, and Executive Vice Presidents Jing Yang and Bryan Tsu.

Commenting on the fund launch, Mohsen Fahmi said: “PIMCO’s StocksPLUS funds give equity investors access to a proven approach to equity investing that harnesses PIMCO’s expertise in active fixed income management.” Ryan Blute, PIMCO Managing Director and Head of Global Wealth Management EMEA, added: “As investors continue to face increasing hurdles when looking to achieve consistent outperformance in their equity allocations, PIMCO’s StocksPLUS strategies may serve as an attractive solution.”

PIMCO GIS StocksPLUS Absolute Return Fund is the latest addition to PIMCO’s suite of StocksPLUS funds. The firm launched its first StocksPLUS strategy in 1986 with the goal of providing consistent outperformance and modest tracking error relative to the S&P 500. Today, PIMCO manages more than $30 billion in assets across its global range of StocksPLUS strategies.

PIMCO GIS StocksPLUS Absolute Return Fund is accessible in a variety of share classes in different currencies, depending on client requirements.

PIMCO’s UCITS compliant Global Investor Series (GIS) fund range comprises 60 sub-funds with $158.6 billion under management as of 31 March 2019. With daily liquidity, investors can gain exposure to a broad range of asset classes, from the more traditional global and regional core fixed income funds, through credit portfolios, to expanding equity, asset allocation and alternative solutions.

About PIMCO
PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,600+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Media Contacts

Jochen Haegele
EMEA Corporate Communications
Munich
+49.89.26209.6293
jochen.haegele@pimco.com

Jennifer Spivey
U.K. and EMEA Corporate Communications
London
+44.20.3640.1484
jennifer.spivey@pimco.com

Michael Reid
Global Head of Corporate Communications
New York
+1.212.597.1301
michael.reid@pimco.com

Agnes Crane
U.S. Corporate Communications
New York
+1.212.597.1054
agnes.crane@pimco.com

Laura Batty
U.S. Corporate Communications
Newport Beach
+1.949.720.6374
laura.batty@pimco.com

Donna Chan
APAC Corporate Communications
Hong Kong
+852.3650.7752
donna.chan@pimco.com

Disclosures

Past Performance is not a guarantee or reliable indicator of future results. This material is provided for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy interest/share in the Global Investors Series (“GIS”) Funds. Investors should carefully read the Prospectus and/or Key Investor Information Document Before investing. Country of origin of StocksPlus AR Fund, sub-fund of PIMCO Funds: Global Investors Series plc, is Ireland. A copy of the fund’s prospectus and Key Investor Information Document can be obtained free of charge from the Administrator: State Street Fund Services (Ireland) Limited, Telephone +353 1 776 9990, Fax +353 1 562 5519.

PIMCO Europe Ltd (Company No. 2604517) and PIMCO Europe Ltd - Italy (Company No. 07533910969) are authorised and regulated by the Financial Conduct Authority (12 Endeavour Square, London, E20 1JN) in the UK. The Italy branch is additionally regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act. PIMCO Europe Ltd services are available only to professional clients as defined in the Financial Conduct Authority’s Handbook and are not available to individual investors, who should not rely on this communication.| PIMCO Deutschland GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany), PIMCO Deutschland GmbH Italian Branch (Company No. 10005170963), PIMCO Deutschland GmbH Spanish Branch (N.I.F. W2765338E) and PIMCO Deutschland GmbH Swedish Branch (SCRO Reg. No. 516410-9190) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany in accordance with Section 32 of the German Banking Act (KWG). The Italian Branch, Spanish Branch and Swedish Branch are additionally supervised by the Commissione Nazionale per le Società e la Borsa (CONSOB) in accordance with Article 27 of the Italian Consolidated Financial Act, the Comisión Nacional del Mercado de Valores (CNMV) in accordance with obligations stipulated in articles 168 and 203 to 224, as well as obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008 and the Swedish Financial Supervisory Authority (Finansinspektionen) in accordance with Chapter 25 Sections 12-14 of the Swedish Securities Markets Act, respectively. The services provided by PIMCO Deutschland GmbH are available only to professional clients as defined in Section 67 para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH-020.4.038.582-2), Brandschenkestrasse 41, 8002 Zurich, Switzerland, Tel: + 41 44 512 49 10. The services provided by PIMCO (Schweiz) GmbH are not available to individual investors, who should not rely on this communication but contact their financial adviser.