RAE Global ex-US Fund


Updated April 23, 2019


The Fund seeks long-term capital appreciation.

Primary Portfolio

Equity and equity-related securities that are eligible investments in the underlying funds: PIMCO RAE International and PIMCO RAE Emerging Markets


Fund Overview

Time-tested systematic approach to global ex-U.S. value investing

The fund invests in a diversified portfolio of developed and emerging markets stocks using the Research Affiliates Equity (RAE) strategy, an innovative value approach designed to outperform the MSCI All Country World ex US Value Index.

Why Invest In This Fund

Capitalizes on market inefficiencies

RAE selects and weights stocks based on fundamental measures of company size including sales, cash flow, dividends, and book value. By removing price from the portfolio construction process, this value fund aims to buy low and sell high, and to outperform its benchmark over time.

Enhanced by active insights

Starting with fundamental weighting, the strategy then refines these weights by incorporating active insights into quality, momentum, style and size with the goal of further enhancing returns. These insights continually evolve based on the ongoing research of the portfolio managers

Offers the benefits of investing systematic equity strategy

The fund’s unique rules-based approach seeks a consistent investment process and a contrarian portfolio designed to deliver market outperformance.

Our Expertise

PIMCO has partnered with Research Affiliates to deliver equity strategies since 2005


MSCI All Country World ex US Value Index


The MSCI All Country World ex US Value Index captures large and mid-cap securities exhibiting overall value style characteristics across 22 developed and 24 emerging markets countries. The value investment style characteristics for index construction of the MSCI All Country World ex US Value Index are defined using three variables: book value to price, 12-month forward earnings to price and dividend yield.


MSCI All Country World ex US Index


The MSCI All Country World ex US 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 46 country indices comprising 22 developed and 24 emerging market country indices. It is not possible to invest directly in an unmanaged index.