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PIMCO GIS Euro Bond Inst EUR Acc

Ranked 30 out of 170 in - Euro over 12 months
All calculations are in EUR unless stated

Managed by

Andrew Balls

Andrew Balls gained a bachelor’s degree from Oxford University and a master’s degree from Harvard University. He is currently a managing director at PIMCO’s London office and leads the European investment team. Before he joined PIMCO in 2006, he had been working at the Financial Times as editor of the US Lex column and as chief economics correspondent in Washington, DC for eight years. He also worked at Newport Beach and served as a global portfolio manager and global strategist. He has 11 years of investment and financial market experience.

Andrew Bosomworth

Andrew Bosomworth graduated from the Advanced Studies Program in International Policy Research at the Kiel Institute and holds a master's degree in economics from the University of Canterbury. Andrew worked at Merrill Lynch trading interest rate swaps, and at New Zealand’s Debt Management Office. He has also worked at the European Central Bank as portfolio manager and senior economist. Andrew joined PIMCO in 2001 and is currently an executive vice president and head of portfolio management in the Munich office.

Lorenzo Pagani

Dr. Lorenzo Pagani is a managing director and portfolio manager in PIMCO's Munich office and head of the European government bond and European rates desk. He is also a member of the European portfolio committee and a member of the counterparty risk committee. Prior to joining PIMCO in 2004, he was with the nuclear engineering department at the Massachusetts Institute of Technology (MIT) and with Procter & Gamble in Italy. He has 10 years of investment experience and holds a Ph.D. in nuclear engineering from MIT. He graduated from the Financial Technology Option program of MIT/Sloan Business School and holds a joint master of science degree from the Politecnico di Milano in Italy and the Ecole Centrale de Paris in France.

Objective

The investment objective of the Euro Bond Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management. The Fund invests at least two-thirds of its assets in a diversified portfolio of EUR-denominated Fixed Income Securities of varying maturities. The average portfolio duration of this Fund will normally vary within a three- to seven year time frame based on the Investment Adviser's forecast for interest rates.

Showing fund performance in Luxembourg View performance globally

Performance

Euro over : 31/05/2016 - 31/05/2017
  • Rank 30/170 Total Return
  • Rank 123/170 Standard Deviation
  • Rank 95/170 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 -0.5%
2016 4.5% 1.9% 2.2% 1.8% -1.5%
2015 0.6% 4.0% -5.1% 1.4% 0.7%
2014 12.4% 3.7% 3.6% 2.3% 2.3%
2013 2.3% 1.3% -1.5% 1.1% 1.4%
2012 14.9% 4.5% 1.9% 4.7% 3.1%
2011 3.3% 0.4% 2.1% -0.5% 1.3%
2010 6.5% 3.0% 2.6% 3.4% -2.6%
2009 11.5% -0.4% 4.8% 5.9% 0.9%
2008 -5.1% 0.3% -2.3% -1.8% -1.4%
2007 0.7% 0.5% -2.9% 2.8% 0.4%
2006 -1.0% -1.5% -0.7% 2.1% -0.8%
2005 4.3% 1.1% 3.7% 0.4% -0.9%
2004 8.1% 3.0% -0.5% 2.4% 3.0%
2003 6.0% 2.5% 2.8% 1.1% -0.5%
2002 8.6% -1.0% 1.6% 3.8% 4.0%
2001 5.8% 1.7% -0.8% 4.1% 0.8%
2000 8.2% 1.4% 0.1% 1.2% 5.3%
1999 -1.3% 0.1% -1.5% -0.4% 0.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Belgium
  4. Denmark
  5. Finland
  6. France
  7. Germany
  8. Greece
  9. Ireland
  10. Italy
  11. Luxembourg
  12. Macau
  13. Netherlands
  14. Norway
  15. Singapore
  16. Spain
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date31/12/1998
  • Share Class size936Mn
  • Base currencyEUR
  • ISIN IE0004931386

Purchase Info

  • Min. initial investment8Mn
  • Min. regular additional investment0

Charges

  • Annual management0.46%

Related News

ECB is not taking inflation targets seriously, says Pimco’s Balls

Andrew Balls says inflation is low but stable across Europe and investors should take care not to get trapped in local markets.

Don’t panic over bund yield collapse, says Pimco’s Bosomworth

Head of portfolio management in Germany believes landmark fall into negative territory isn’t a ‘table-pounding’ event.

Pimco's Balls: eurozone political populism makes me nervous

The US asset manager's global CIO for fixed income believes investors need to adopt a neutral stance when it comes to the region.

Inflation’s not dead, says PIMCO’s Balls

Citywire AAA-rated bond specialist believes two-sided inflation risk could return within one year as deflation threat dissipates.

Stabilising Total Return fund is 'top priority’, says PIMCO’s Balls

EXCLUSIVE: Newly-appointed global chief investment officer stresses the need for continuity following exit of Bill Gross.

Bond star Balls predicts ECB asset purchases

PIMCO’s head of European portfolio management questions ‘lender of last resort’ role for Draghi but forecasts increased intervention.

Star bond manager Balls expects ECB policy shift

Euro Stars A-rated Andrew Balls of PIMCO believes the ECB could also cut rates by up to 50 basis points.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).