GIS RAFI Dynamic Multi-Factor Europe Equity Fund

ISIN: IE00BFZ89395

Updated 25 June 2019

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  • DAILY NAV (EUR)
    10,73
  • DAILY YTD RETURN
    13,67%
  • TOTAL NET ASSETS (EUR)
    04 MM
    (as of 31/05/2019)
  • TOTAL NET ASSETS (EUR)
    04 MM
    (as of 31/05/2019)
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    16/11/2018
  • CLASS
    Equities
  • CLASS INCEPTION DATE
    16/11/2018

Objective

The investment objective is to seek a total return that closely corresponds, before fees and expenses, to the total return of the RAFI Dynamic Multi-Factor Europe Index.

Overview

Fund Description

PIMCO RAFI Dynamic Multi-Factor Europe Equity is a smart beta strategy that seeks to track the investment results of the RAFI Dynamic Multi-Factor Europe Index. The fund is designed to provide investors with the benefits of dynamically-weighted exposure to multiple equity factors, including value, quality, low volatility, momentum and size - a diversified approach that seeks to improve return potential.

Investor Benefits

Incorporating the latest smart beta research from Research Affiliates, the fund provides the following potential benefits:

  • Exposure to multiple equity factors that theory and research have linked to higher returns, a combination that may offer a smoother ride than single-factor approaches.
  • A unique RAFI (Research Affiliates Fundamental Index) approach to weighting stocks within each factor portfolio.
  • A dynamic weighting process that overweights factors that may be more attractive on a forward-looking basis, reducing the potential risk associated with buying expensive factors.

The Fund Advantage

PIMCO and Research Affiliates believe that our differentiated approach to multi-factor investing creates the potential for higher returns through both factor portfolio construction and dynamic allocation of the individual factor portfolios.

We believe this value conscious approach to factor investing makes the Fund an attractive option for smart beta investors, and can serve as a complement to or replacement for traditional equity approaches.

PRIMARY BENCHMARK

RAFI Dynamic Multi‑Factor Europe Index

PRIMARY BENCHMARK DESCRIPTION

The RAFI Dynamic Multi-Factor Europe Index consists of “factor portfolios” of European stocks, which emphasize the following five factors: value, low volatility, quality, momentum and size. The value factor emphasizes companies with a high ratio of company fundamental weight to its market capitalisation weight. The low volatility factor emphasises companies with low risk measures calculated as the variance of a company’s daily excess return over five years explained by global, local country groups and global industry excess returns. The quality factor emphasises companies that are high in profitability and low in investment spending. The momentum factor emphasises stocks with high momentum. The size factor is the equal weight of the small company portions of the other four factors. Returns are calculated net of withholding taxes.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

16/11/2018

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00BFZ89395

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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VAG Compliance

Traspasable

No

Yields & Distributions

Historical Prices & Distributions

Estimated Gross Yield to Maturity1 as of 31/05/2019 0,00%
Current Yield2 as of 31/05/2019 0,00%
Yields & Distributions Footnotes & Disclosures

disclosures

1PIMCO calculates a Fund's Estimated Yield to Maturity by averaging the yield to maturity of each security held in the Fund on a market weighted basis. PIMCO pulls each security's yield to maturity from PIMCO's Portfolio Analytics database. When not available in the PIMCO's Portfolio Analytics database, PIMCO pulls the security's yield to maturity from Bloomberg. When not available in either database, PIMCO will assign a yield to maturity for that security from a PIMCO matrix based on prior data.
2The estimate of current yield is based on PIMCO's best judgment for the securities in the portfolio on the date shown. PIMCO makes no representation on the accuracy or the methodology used.

Fees & Expenses

Unified Fee 0,39%

Prices & Performance

Daily Statistics

All data as of 25/06/2019

NAV (EUR) 10,73 One Day Return -0,37%
Daily Change (EUR) -0,04 Daily YTD Return 13,67%
Click here to view Historical Prices