A comprehensive liquid alternative strategy
PIMCO Multi-Strategy Alternative Fund invests across the full suite of PIMCO’s liquid alternative strategies as it targets attractive risk-adjusted returns through various market environments, while potentially limiting portfolio downside during large corrections in equity or bond markets.
Why Invest In This Fund
Allocated across a broad opportunity set
The fund dynamically allocates across a range of PIMCO’s liquid alternative mutual funds, including absolute return fixed income, equity long/short, equity market neutral and managed futures strategies. The fund also has the ability to invest in individual securities to gain exposure to liquid alternative strategies not offered as standalone mutual funds or to manage overall portfolio risks.
The fund seeks to generate attractive risk-adjusted returns with substantially lower volatility and downside potential relative to stocks, while seeking to provide important diversification benefits to a traditional portfolio of stocks and bonds.
Liquid alternatives leader
PIMCO has one of the longest track records managing liquid alternative strategies in the industry and is among the largest providers of liquid alternative strategies by assets under management. Through a single investment in the fund, investors gain access to PIMCO’s extensive platform and global presence, the deep expertise of our sector specialists and the firm’s 40+ years of active management expertise across asset classes.
The fund is managed by Mohsen Fahmi, managing director and generalist portfolio manager, Emmanuel Sharef, executive vice president, and Mihir Worah, CIO Real Return and Asset Allocation. The portfolio managers work closely together to evaluate strategies for inclusion in the fund and collaborate on all major risk allocation decisions.
3 Month USD LIBOR Index
PRIMARY BENCHMARK DESCRIPTION
The 3 Month USD LIBOR (London Interbank Offered Rate) Index is an average interest rate, determined by the ICE Benchmark Administration, that banks charge one another for the use of short-term money (3 months) in England's Eurodollar market. It is not possible to invest in an unmanaged index.
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