TORONTO, ONTARIO--(Marketwired - June 16, 2016) - PIMCO Canada Corp., the manager of the PIMCO Canada Funds, has appointed a sub-advisor to manage the equity component of PIMCO Balanced Income Fund (Canada).
Effective on or around June 16, 2016, Research Affiliates, LLC, an investment firm based out of Newport Beach, California, has been appointed as sub-advisor to manage the equity portion of PIMCO Balanced Income Fund's portfolio. Research Affiliates, LLC is a global leader in smart beta and asset allocation.
For further information on PIMCO Canada Corp. and the PIMCO Canada Funds, please visit www.pimco.ca or call 1-877-506-8126 (416-506-8187 in Toronto).
About PIMCO
PIMCO is a leading global investment management firm, with 13 offices in 12 countries throughout the Americas, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. PIMCO's goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.
Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The PIMCO Canada Mutual Funds are available for sale in each of the provinces and territories of Canada and only through dealers authorized for that purpose. PIMCO Canada Corp., 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350.
Contact Information:
PIMCO - Media Relations
212-739-3253