Balanced Income Fund (Canada)

Fund Code: PMO2010

Updated 20 August 2018

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  • DAILY NAV (USD)
    10.88
  • DAILY YTD RETURN
    -0.99%
  • TOTAL NET ASSETS (USD)
    88 MM
    (as of 31-07-2018)
  • TOTAL NET ASSETS (USD)
    88 MM
    (as of 31-07-2018)
  • CLASS
    Multi Asset
  • Series Inception Date
    19-10-2015
  • CLASS
    Multi Asset
  • Series Inception Date
    19-10-2015

Objective

The Fund seeks to maximize current income while providing long term capital appreciation.

Primary Portfolio

It invests primarily in a combination of fixed income and equity securities.​

Overview

Fund Overview

A balanced approach to income investing

PIMCO Balanced Income Fund (Canada) aims to provide attractive current income as well as capital appreciation over the long term by combining the higher capital appreciation and dividend-paying potential of equities with the lower volatility and attractive income potential of fixed income.

Why Invest in This Fund?

Benefits of a balanced approach

PIMCO’s balanced equity and fixed income strategy strives to provide the attractive return potential of equities with the income and capital preservation potential of fixed income, making it beneficial for investors as a part of a diversified portfolio.

Global and flexible

In an effort to capitalize on changing market conditions, the fund’s investment strategy is global which provides the portfolio management team with considerable flexibility to invest in the best income-generating opportunities across the capital structure, diversified by geography and sector.

Driven by research

For fixed income, PIMCO portfolio managers take a broad-based approach, targeting multiple sources of potential income from an expansive opportunity set across both higher yielding and higher quality bonds. For equities, portfolio managers from Research Affiliates employ a fundamentally-weighted, active global developed equity strategy built on smart beta that seeks higher-yielding companies generating sustainable dividends at attractive valuation.

Industry-leading portfolio management

The fixed income component is managed by PIMCO's Alfred Murata and Dan Ivascyn, both current managers of the Monthly Income Fund (Canada). The equity component is managed by Research Affiliates' Rob Arnott and Chris Brightman, experienced equity investors of the Research Affiliates Equity (“RAE”) strategies. ​

PRIMARY BENCHMARK

50% MSCI World/50% Bloomberg Barclays Global Aggregate USD Hedged

PRIMARY BENCHMARK DESCRIPTION

The benchmark is a blend of 50% MSCI World Index/50% Bloomberg Barclays Global Aggregate USD Hedged. The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets. The MSCI World Index consists of 23 developed market country indices. Bloomberg Barclays Global Aggregate (USD Unhedged) Index provides a broad-based measure of the global investment-grade fixed income markets. The three major components of this index are the U.S. Aggregate, the Pan-European Aggregate, and the Asian-Pacific Aggregate Indices. The index also includes Eurodollar and Euro-Yen corporate bonds, Canadian Government securities, and USD investment grade 144A securities.

DISTRIBUTION FREQUENCY

Quarterly with Daily Accrual

SERIES INCEPTION

19-10-2015

Managers

Alfred T. Murata

Portfolio Manager, Mortgage Credit

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Daniel J. Ivascyn

Group Chief Investment Officer

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Robert Arnott

Founder and Chairman, Research Affiliates

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Christopher J. Brightman

Chief Investment Officer, Research Affiliates

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Distributions

Historical Prices & Distributions

Latest Distributions ($/Share)1 as of 29-06-2018 (USD) 0.0516
Distribution (YTD) 2 as of 29-06-2018 (USD) 0.1272
Yields & Distributions Footnotes & Disclosures

disclosures

1Data does not include special cash dividends.
2Data is based on distributions since the most recent calendar year end and does not include special cash dividends.

Fees & Expenses

Management Fee (%) 1.90%
Management Expense Ratio (%)3 2.01%

disclosures

3As of 31/12/2017. Management expense ratio is based on total expenses which includes the Management Fee (excluding commissions and other portfolio transaction costs) for the stated period and is expressed as an annualized percentage of daily average net asset value during the period.

Prices & Performance

Daily Statistics

All data as of 20-08-2018

NAV $10.88 One Day Return 0.30%
Daily Change $0.03 Daily YTD Return -0.99%
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  • Average Annual Returns
  • Cumulative Returns

All data as of

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  • Month End

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