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