Seeking attractive opportunities while minimising risk is the appeal for investors in the PIMCO Global Bond fund, this year’s Global Fixed Income fund winner at Money Management’s Fund Manager of the Year awards.
The $6.8 billion fund was designed specifically as a way to offer Australian investors access to the $100 trillion global bond market. It aims to achieve total returns by investing in global fixed interest including government, corporate and mortgage fixed interest securities as well as non-investment grade and emerging market securities.
The firm said multiple factors had contributed to performance in the past few years; diversification of return drivers, focus on attractive yield opportunities and bottom-up ideas from regional and sectors.
“The fund aims to diversify sources of active risk across a range of risk factors so as to not over-concentrate client assets into specific market risks. This has allowed the fund to successfully navigate periods of volatility and offer a truly diversified source of return for investors,” PIMCO said.
“We have focused the portfolio in looking for yield opportunities that we think are achievable at minimal to no extra risk for investors. This has been in the form of relative value opportunities we see in certain bond markets across the globe, as well as attractive credit...