PIMCO Launches PIMCO Unconstrained Bond Fund (Canada)

NEWPORT BEACH, CA--(Marketwired - Oct 14, 2014) - PIMCO, a leading global investment management firm, has launched the PIMCO Unconstrained Bond Fund (Canada), designed to capture a broad set of opportunities in global fixed income and currency markets in an absolute return framework. Saumil Parikh, Managing Director and member of PIMCO's Investment Committee, will manage the fund along with Ed Devlin, Managing Director and head of Canadian portfolio management, and Mohit Mittal, Managing Director and Portfolio Manager.

"The fund embodies PIMCO's best investment ideas across global fixed income markets," says Parikh. "Its absolute return objective gives us the flexibility and agility to navigate a range of market conditions. We also have the ability to scale exposures in strong conviction areas and reduce allocations where we see less value or heightened risk."

While the base currency of the fund is in Canadian dollars, the fund managers will actively pursue opportunities across geographical regions and asset classes.

A Front End shares of the PIMCO Unconstrained Bond Fund (Canada) trade under the fund code PM009. Additional shares include A Low Load shares (PM0109), F (fee based) shares (PM0209), O shares (PM0409) and M (fee based) shares (PM0509).

About PIMCO 

PIMCO is a leading global investment management firm, with offices in 12 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our 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.

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.

All investments contain risk and may lose value. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO and YOUR GLOBAL INVESTMENT AUTHORITY are trademarks or registered trademarks of Allianz Asset Management of America L.P. and Pacific Investment Management Company LLC, respectively, in the United States and throughout the world. ©2014, PIMCO.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund. The forward-looking statements are not historical facts but reflect the Fund's, PIMCO Canada and/or PIMCO's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including, but not limited to, market factors. Although the Fund, PIMCO Canada and/or PIMCO believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund, PIMCO Canada and/or PIMCO undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other factors which affect this information, except as required by law.

The products and services provided by PIMCO Canada Corp. (199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350) may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose. PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.