The PIMCO Global Short Term strategy seeks a higher risk/return profile in order to improve on the returns provided by a typical money market vehicle. The
Global Short Term strategy seeks maximum total return, consistent with preservation of capital and a high level of liquidity. The Global Short Term
strategy attempts to generate excess returns relative to its three-month US$ Libor benchmark by investing in money market, short maturity and
longer-maturity global fixed-income securities on a currency hedged basis.
PIMCO utilizes all major sectors of the bond markets to implement a diversified set of strategies including country, currency and sector rotation, yield
curve positioning and duration management. The size and changing dynamics of the global bond market represent a rich opportunity set for investors with
tangible diversification and return benefits.