Asset allocation for an evolving world
PIMCO Global Multi-Asset Fund is designed to serve as a flexible, comprehensive asset allocation solution. It seeks to benefit from global opportunities while also limiting downside risks created by today’s evolving and sometimes turbulent marketplace.
Why Invest In This Fund
PIMCO Global Multi-Asset Fund is an “all-in-one” global asset allocation strategy designed to serve as a core holding in investor portfolios. The fund uses a globally diversified investment approach, allocating across all liquid asset classes, regions, and sectors. It seeks to deliver attractive risk-adjusted returns and consistent outperformance over its benchmark of 60% global stocks and 40% global bonds across a wide range of market environments.
Broad investment opportunity set and flexibility
The fund invests across the full spectrum of liquid asset classes, including global stocks and bonds, real assets, currencies, as well as liquid alternative strategies. The fund has highly flexible investment guidelines and follows a tactical investment approach to quickly adapt to changing market conditions.
Highly experienced investment team
The fund is managed by a highly experienced team with an average of 17 years of investment experience. Senior members of the portfolio management team have extensive background in asset allocation and global cross-asset investing at highly regarded macro hedge funds. This team employs a rigorous and research-driven investment process that combines top-down tactical asset allocation with bottom-up relative value strategies.
PIMCO’s asset class expertise and global presence
The asset allocation portfolio management team leverages PIMCO’s expertise across all asset classes and regions in search of the most compelling investment opportunities. The team draws from PIMCO’s extensive global resources: our rigorously developed global macroeconomic outlook, our deep bench of more than 60 sector and regional specialists, and our robust risk management platform.
The fund’s three veteran portfolio managers Mihir Worah, Geraldine Sundstrom and Erin Browne collaborate with the broader asset allocation team, PIMCO’s Investment Committee, and our regional and sector specialists in making top-down asset allocation decisions and employing bottom-up strategies.
60% MSCI All Country World Index/40% Bloomberg Barclays Global Aggregate USD Hedged
PRIMARY BENCHMARK DESCRIPTION
The benchmark is a blend of 60% MSCI All Country World Index/40% Bloomberg Barclays Global Aggregate USD Hedged. The MSCI All Country World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The Index consists of 47 country indices comprising 23 developed and 24 emerging market country indices. Bloomberg Barclays Global Aggregate (USD Hedged) Index provides a broad-based measure of the global investment-grade fixed income markets. The three major components of this index are the U.S. Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate Indices. The index also includes Eurodollar and Euro-Yen corporate bonds, Canadian Government securities, and USD investment grade 144A securities. It is not possible to invest directly in an unmanaged index.
MSCI All Country World Index
SECONDARY BENCHMARK DESCRIPTION
The MSCI All Country World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The Index consists of 47 country indices comprising 23 developed and 24 emerging market country indices. It is not possible to invest directly in an unmanaged index.
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