Capturing momentum for both return and diversification potential
The fund seeks to capture momentum across major asset classes, including equities, interest rates, commodities and currencies. It follows a disciplined trading approach informed by PIMCO’s proprietary quantitative analytics and market knowledge and draws on our global trading platform and active fixed income management to add additional sources of value.
Why Invest In This Fund
A liquid alternative investment strategy
An allocation to PIMCO’s liquid alternative strategies offers investors potential for attractive returns that may exhibit a low-to-negative correlation to traditional asset classes such as core equities and bonds, and may be beneficial as part of a diversified portfolio.
Diversification and left-tail management
Historically, managed futures have generated attractive positive returns while displaying a low-to-negative correlation with risk assets, and have had their largest returns during equity market selloffs. The fund seeks to efficiently capture these returns in a liquid, accessible format, which may enhance portfolio diversification and help mitigate portfolio risk.
Performance potential through changing markets
Because the fund can take long and short positions across a wide variety of asset classes, it has the potential to generate positive returns in any market environment. In addition to the fund’s sophisticated quantitative approach, investment decisions are influenced by PIMCO’s rigorous investment process with additional return potential coming from the actively managed collateral portfolio.
The experienced management team is led by Vineer Bhansali – managing director and head of PIMCO’s quantitative investment portfolios and includes Matthew Dorsten, senior vice president, who focuses on quantitative strategies and passive replication and Graham Rennison, senior vice president, who focuses on multi-asset class systematic strategies.
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.
SHARE CLASS INCEPTION