Time-tested systematic approach to international value investing
The fund invests in a diversified portfolio of international developed market stocks using the Research Affiliates Equity (RAE) strategy, an innovative value approach designed to outperform the MSCI EAFE 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.
PIMCO has partnered with Research Affiliates to deliver
equity strategies since 2005
MSCI EAFE Value Index
PRIMARY BENCHMARK DESCRIPTION
The MSCI EAFE Value Index captures large and mid-cap securities exhibiting overall value style characteristics across developed markets countries around the world, excluding the US and Canada. The value investment style characteristics for index construction of the MSCI EAFE Value Index are defined using three variables: book value to price, 12-month forward earnings to price and dividend yield.
MSCI EAFE Index
SECONDARY BENCHMARK DESCRIPTION
MSCI EAFE Index is an unmanaged index designed to represent the performance of large and mid-cap securities across 21 developed markets, including countries in Europe, Australasia and the Far East, excluding the U.S. and Canada. It is not possible to invest directly in the index.
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