The funds are enhanced equity strategies designed to help investors outperform market indices
NEWPORT BEACH, CALIFORNIA (June 15, 2015) -
PIMCO, a leading global investment management firm, together with Research Affiliates, a pioneer in innovative investment solutions, has launched six
equity funds which are designed to outperform market benchmarks through a fundamental index-based approach that incorporates active insights.
The six funds, which expand upon the more than decade-long collaboration between PIMCO and Research Affiliates, will cover U.S. Large, U.S. Small,
International, Global, Global ex-U.S. and Emerging Markets.
The strategies select stocks based on non-price measures of company size such as sales, cash flow, book value and dividends. By removing stock price from
the portfolio construction process, the funds seek to capitalize on market inefficiencies, systematically capturing returns when prices deviate from
fundamentals and therefore outperforming market cap-weighted indices over time. In addition, portfolio weights will be refined through the use of
research-based active insights designed to further enhance risk-adjusted returns.
The RAE Fundamental funds are part of PIMCO’s Enhanced Equity suite, which also includes award-winning StocksPLUS and RAE Fundamental PLUS funds. PIMCO’s
equity solutions total more than $50 billion in assets under management.
“In a low return world, investors are looking for approaches that provide meaningful return on top of what the market delivers, which can make a big
difference over the long term,” says Sabrina Callin, PIMCO managing director and equity product manager. “PIMCO’s Enhanced Equity strategies provide
investors with a range of equity offerings that are designed to achieve this goal.”
The six new funds and the ticker symbols for their respective institutional shares are as follows:
RAE Fundamental US Fund (PKAIX)
RAE Fundamental US Small Fund (PMJIX)
RAE Fundamental International Fund (PPYIX)
RAE Fundamental Global Fund (PFQIX)
RAE Fundamental Global Ex-US Fund (PZRIX)
RAE Fundamental Emerging Markets Fund (PEIFX)