PIMCO Global Investment Grade Credit Fund E Acc USD

PIMCO 環球投資級別債券基金 E類 Acc 美元

IE00B3K7XK29

風險等級: 3級

iFund 的投資產品風險評級為一個衡量單一基金的地域和資產類別、投資風格和任何潛在因素的質化和量化並重的評估機制。風險評級分為一至六(1(最低風險)至6 (最高風險))等級別。風險評級為3或4的基金大多投資於股債混合資產,包括高息債券及環球股票,為投資者提供收入及資本增值。有關詳細資訊,請參閱「流程說明」頁面下的「盡職審查」。

非交易時段

交易資料

交易
快捷可靠

無需衍生產品
知識可購買

HKD4,000.00起投

1.39%

HKD4,000.00起投

AUD / HKD / EUR / USD

HKD4,000.00起投

HKD4,000.00

HKD4,000.00

Daily

16:30

2019-11-27

*下圖為基金價格,並未包括基金派息 (如適用)

基金表現(包括派息,如有)

1個月
+0.26%
3個月
+0.53%
6個月
+4.92%
1年
+11.52%
3年
+16.37%
5年
+22.29%

分析數值 (3年)

年度化回報
+5.18%
年度化波幅
+3.03%
夏普比率
+0.91

基金資料

基金公司
PIMCO Asia Limited
基金成立日期
2008-12-09
基金經理
Mark R. Kiesel
Jelle Brons
Mohit Mittal
基金經理開始日期
Mark R. Kiesel (Start date: 2003-07-23) Jelle Brons (Start date: 2016-08-01) Mohit Mittal (Start date: 2016-08-01)
主要投資地區
Global
資產類別 / 行業
Fixed Income - Investment grade
風險評級
3級

iFund 的投資產品風險評級為一個衡量單一基金的地域和資產類別、投資風格和任何潛在因素的質化和量化並重的評估機制。風險評級分為一至六(1(最低風險)至6 (最高風險))等級別。風險評級為3或4的基金大多投資於股債混合資產,包括高息債券及環球股票,為投資者提供收入及資本增值。有關詳細資訊,請參閱「流程說明」頁面下的「盡職審查」。

基金規模(截至 2019-10-30)
USD 21,641,207,042.9
基金管理費
1.39%
最新派息
不適用

同類前列基金

    暫無基金

交易資料

交易
快捷可靠

無需衍生產品
知識可購買

HKD4,000.00起投

1.39%

HKD4,000.00起投

AUD / HKD / EUR / USD

HKD4,000.00起投

HKD4,000.00

HKD4,000.00

Daily

16:30

2019-11-27

派息記錄

無派息記錄

投資目標

The Fund’s objective is to seek maximum total return consistent with preservation of capital and prudent investment management (i.e. identifying and implementing strategies for consistent, disciplined and cost-effective investment, based on considerable research and measured forethought, and continual monitoring of individual security and total portfolio risk).

風險性質及程度

Investment involves risks. Please refer to the Prospectus for details including the risk factors.
1. Credit risk
- The Fund may suffer losses if the issuer of a fixed income security in which it invests is unable or unwilling to make timely principal and/or interest payments, or to otherwise honour its obligations.
2. Interest rate risk
- The value of fixed income securities tends to decrease when interest rates rise, which may cause a decrease in value of the Fund.
- Fixed income securities with longer durations are more sensitive to changes in interest rates, usually making them more volatile than securities with shorter durations.
3. Downgrade risk
- The Fund may hold securities that may be impacted by a downgraded credit rating. In the event of downgrading of the securities, the Fund’s investment value in such securities may be adversely affected. The manager may or may not be able to dispose of the debt instruments that are being downgraded.
4. Emerging markets risk
- Investing in emerging markets securities imposes risks different from, or greater than, risks of investing in developed countries due to, among other factors, greater price volatility, market, credit, legal, liquidity, currency, political, economic and regulatory risks.
- The systems and procedures for trading and settlement of securities in emerging markets are less developed and less transparent and transactions may take longer to settle. In addition, foreign exchange controls in emerging market countries may cause difficulties in the repatriation of funds from such countries.
- Because the Fund’s investments may be concentrated in emerging markets, the Fund may be subject to greater volatility than portfolios which comprise broad-based global investments. During times of market uncertainty, such investments may negatively affect the Fund’s performance.
5. High yield, below investment grade and unrated securities risk
- The Fund may invest in high yield, below investment grade securities and unrated securities of similar credit quality.
- These securities typically entail greater potential price volatility and may be less liquid than higher-rated securities.
- Investments in such securities may also be subject to greater credit risk. If the issuer of a security is in default with respect to interest or principal payments, the Fund may lose its entire investment.
6. Derivatives risk
- Risks associated with financial derivative instruments (“FDI”) include counterparty/credit risk, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The leverage element/component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Fund. Exposure to FDI may lead to a high risk of significant loss by the Fund.
- Although the leverage figure of the Fund calculated using the commitment approach will typically not materially exceed 100% of the NAV of the Fund, in exceptional circumstances the Fund may have a leveraged exposure of over 100% of the NAV of the Fund when using this calculation methodology. This will further magnify any potential negative impact of any change in the value of the underlying asset on the Fund and also increase the volatility of the Fund’s price and may lead to significant losses. Given the leverage effect embedded in derivatives, in the worst case scenario, investing in derivatives may result in total or substantial loss from the use of derivatives.
7. Risks relating to reverse repurchase agreements
- In the event of the failure of the counterparty with which collateral has been placed, the fund may suffer loss as there may be delays in recovering collateral placed out or the cash originally received may be less than the collateral placed with the counterparty due to market movements.
8. Risks relating to repurchase agreements
- In the event of the failure of the counterparty with which cash has been placed, the Fund may suffer loss as there may be delay in recovering cash placed out or difficulty in realising collateral or proceeds from the sale of the collateral may be less than the cash placed with the counterparty due to market movements.
9. Currency risk
- The Fund’s investment in non-USD denominated fixed income securities and currency positions may cause the value of the Fund’s investments to fluctuate with changes in exchange rates. This may lead to a fall in the Fund’s NAV.
- Active currency positions implemented directly or indirectly by the Fund may not be correlated with the underlying securities held by the Fund. As a result, the Fund may suffer significant losses even if there is no loss to the value of the underlying securities held by the Fund.
10. Risks associated with mortgage-related and other asset-backed securities
- The Fund may invest in mortgage or other asset-backed securities (including privately-issued mortgage-backed securities) which may be highly illiquid and prone to substantial price volatility. These instruments may be subject to greater credit, liquidity and interest rate risk compared to other debt securities. They are often exposed to extension and prepayment risks and risks that the payment obligations relating to the underlying assets are not met, which may adversely impact the returns of the securities.
11. Liquidity risk
- Liquidity risk exists when particular investments are difficult to purchase or sell. Also, illiquid securities may become harder to value especially in changing markets.
- The Fund’s investments in illiquid securities may reduce the returns of the Fund because it may be unable to sell the illiquid securities at an advantageous time or price which could prevent the Fund from taking advantage of other investment opportunities.
12. Risks associated with investments in non-investment grade securities of a single sovereign issuer
- The Fund may be subject to increased credit risk and increased risk of default of the relevant issuer as a result of its ability to invest more than 10% in non-investment grade securities of a single sovereign issuer (potential examples include Sri Lanka and Hungary).
- A sovereign issuer’s ability to meet its principal and interest payments may be adversely affected by developments specific to the sovereign issuer. The downgrade of a sovereign credit rating or the default of a sovereign issuer may negatively affect the Fund’s performance.
- To the extent that the Fund concentrates its investments in a particular single sovereign issuer, its investments will be more susceptible to fluctuations in value resulting from adverse conditions in the particular issuer such as unfavourable or unanticipated poor performance of a particular issuer and political instability facing a particular geographic region. This may cause the Fund to be more volatile.
13. Sovereign debt risk
- The Fund’s investment in securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the fund to participate in restructuring such debts. The Fund may suffer significant losses when there is a default of sovereign debt issuers.
14. Investment risk
- The Fund’s investment portfolio may fall in value and therefore your investment in the Fund may suffer losses. There is no guarantee of the repayment of principal.
- Due to the higher than average degree of risk attached to investment in the Fund due to its ability to invest in emerging market securities, an investment in the Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
15. Global Investment risk
- The Fund invests in securities of certain international jurisdictions and may experience more rapid and extreme changes in value.
- Events such as nationalisation, expropriation or confiscatory taxation, currency blockage, economic uncertainty, political changes or diplomatic developments could adversely affectthe Fund’s investments.
- To the extent that a Fund invests a significant portion of its assets in a concentrated geographic area like Europe or Asia, the Fund will generally have more exposure to regional economic risks associated with investments.
- In the event that a Fund invests in a regional currency (i) which ceases to existor (ii) in which a participant in such currency ceases to be a participant in such currency, it is likely that this would have an adverse impact onthe Fund’s liquidity.
16. Risks relating to the charging of fees / payment of dividends out of capital
- For theIncome II Shares (which seeks to provide an enhanced yield to shareholders), the Fund may, at its discretion, charge fees to capital (which constitutes a payment of dividends effectivelyout of capital) as well as pay dividends out of capital. The Fund may also take into account the yield differential (which can be positive or negative) arising from share class currency hedging (which constitutes a distribution from capital). This amountsto a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to the original investment.
- Any distributions involving the payment of dividends out of capital, charging of fees to the capital of the Fund and inclusion of yield differentials effectively amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any such distributions may result in an immediate reduction of the NAV per share.

隨時隨地配置全球資產

查詢電話

852
3896 3896

香港北角英皇道101號15樓1501室

星期一至五(公眾假期除外)09:00 - 18:00

版權所有 © 2019 御峰理財有限公司。保留所有權利。