SOURCE: PIMCO

PIMCO

October 19, 2015 12:29 ET

PIMCO Launches Two Funds for Canadian Investors

The PIMCO Balanced Income Fund (Canada) and PIMCO Investment Grade Credit Fund (Canada) Are Designed to Offer Attractive Income Potential for Investors

NEWPORT BEACH, CA--(Marketwired - Oct 19, 2015) -  PIMCO, a leading global investment management firm, has launched two funds: the PIMCO Balanced Income Fund (Canada) and the PIMCO Investment Grade Credit Fund (Canada), which are designed to offer attractive income opportunities for investors looking for higher returns in a low interest rate environment.

The PIMCO Balanced Income Fund (Canada) will be managed by Alfred Murata, Managing Director and Portfolio Manager; Daniel Ivascyn, Managing Director and Group Chief Investment Officer; Brad Kinkelaar, Executive Vice President and Portfolio Manager; and Adam Muller, Senior Vice President and Portfolio Manager. The PIMCO Investment Grade Fund (Canada) will be managed by Mark Kiesel, Chief Investment Officer Global Credit.

The Balanced Income Fund (Canada) is designed to participate in attractive income opportunities in the global equity and fixed income markets while striving to dampen volatility found in many traditional balanced and equity strategies. The managers have the flexibility to access a broad range of securities across the capital structure while incorporating the firm's macroeconomic views into their strategy.

The PIMCO Investment Grade Credit Fund (Canada) also aims to provide investors with greater income potential by investing primarily in high-quality corporate bonds. The fund seeks to enhance returns through active management and the flexibility of investing in some non-corporate debt and high-yield exposure to companies that appear to be improving their creditworthiness.

A Front End series of the PIMCO Balanced Income Fund (Canada) trade under the fund code PMO010. Additional series include A Low Load series (PMO110), F (fee based) series (PMO210), O series (PMO410) and M (fee based) series (PMO510). The U.S. dollar A front End series trade under the fund code PMO2010. Additional U.S. dollar series include A Low Load series (PMO2110), F (fee based) series (PMO2210), O series (PMO2410) and M (fee based) series (PMO2510).

A Front End series of the PIMCO Investment Grade Credit Fund (Canada) trade under the fund code PMO011. Additional series include A Low Load series (PMO111), F (fee based) series (PMO211), O series (PMO411) and M (fee based) series (PMO511). The U.S. dollar A front End series trade under the fund code PMO2011. Additional U.S. dollar series include A Low Load series (PMO2111), F (fee based) series (PMO2211), O series (PMO2411) and M (fee based) series (PMO2511).

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.

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 Funds. The forward-looking statements are not historical facts but reflect the Funds', 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 Funds, 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 Funds, 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.

Contact Information

  • Contact:
    Agnes Crane
    PIMCO - Media Relations
    212-739-4212