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Press Release

PIMCO Canada Corp. Launches Fee Series Alignment Program for the PIMCO Canada Mutual Funds

 

TORONTO, ONTARIO June 5, 2018 – PIMCO Canada Corp. (“PIMCO”) today announced the launch of its fee series alignment program (the “Program”) for Series A, Series A(US$), Series F, Series F(US$), Series O, Series O(US$), Series M and Series M(US$) (the “Series”) units of each of the PIMCO Canada Mutual Funds.

PIMCO offers different pricing based on whether or not an investor has more or less than $100,000 in a Series of a PIMCO Canada Mutual Fund. Starting on June 30, 2018, PIMCO will transfer an investor into the correct Series, on a calendar quarter basis, if the investor was not already in that Series. This means that an investor’s account will be switched to a Series with lower management fees if they meet the eligibility criteria of that Series or switched to a Series with higher management fees if they do not meet the eligibility criteria of the Series they currently hold. Other than a difference in management fees, there are no other material differences between the Series an investor holds and the Series into which an investor may be switched.

Existing investors will receive a letter informing them of the changes in connection with the Program. For further information on the Program and the Funds, please visit www.pimco.ca or call us at 1 866 341 3350 (416 368 3350 in Toronto). A copy of the simplified prospectus of the Funds is available on www.pimco.ca and www.sedar.com.

Media Contacts

Michael Reid
Global Head of Corporate Communications – New York
+1.212.597.1301
michael.reid@pimco.com

Agnes Crane
U.S. Corporate Communications – New York
+1.212.597.1054
agnes.crane@pimco.com

Joy Sheetz
U.S. Corporate Communications – New York
+1.646.870.2025
joy.sheetz@pimco.com

Laura Batty
U.S. Corporate Communications – Newport Beach
+1.949.720.6209
laura.batty@pimco.com

Lisa Papas
U.S. Corporate Communications – Newport Beach
+1.949.720.6751
lisa.papas@pimco.com

Laura Thomas
UK & EMEA Corporate Communications – London
+44 203 640 1520
laura.thomas@uk.pimco.com

Wendy Svirakova
UK & EMEA Corporate Communications – London
+44 203 640 1237
wendy.svirakova@pimco.com

Li Anne Wong
APAC Corporate Communications – Singapore
+65 6491 8068
lianne.wong@pimco.com

Disclosures

About PIMCO 

PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,150+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors should consult their financial advisor to determine if the PIMCO Mutual Funds may be sold in their jurisdiction.

The products and services provided by PIMCO may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose. PIMCO has retained PIMCO LLC as sub-adviser. PIMCO will remain responsible for any loss that arises out of the failure of its sub-adviser.

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