PIMCO Global L.Dur.RR Fd.Inst.USD/  IE00BHZKQ946  /

The fund aims to maximise the "real return" on your investment, providing a hedge against inflation through primarily investing in a diversified portfolio of low duration global inflation-linked bonds, using prudent investment management principles. The fund aims to achieve its objective by investing in a range of inflation-linked fixed income securities and instruments (which are similar to loans that pay a fixed or variable rate of interest) primarily issued by developed governments such as the US, UK, France, Germany, Australia and Japan. "Real return" equals total return less the estimated cost of inflation, which is typically measured by the change in an official inflation measure. The fund is considered to be actively managed in reference to the Bloomberg World Government InflationLinked Bonds 1-5 Years Total Return Index (the "Index") by virtue of the fact that the Index is used for duration measurement, calculating the global exposure of the fund using the relative VaR methodology and for performance comparison purposes. Certain of the fund's securities may be components of and may have similar weightings to the Index. However, the Index is not used to define the portfolio composition of the fund or as a performance target and the fund may be wholly invested in securities which are not constituents of the Index.

The fund aims to maximise the "real return" on your investment, providing a hedge against inflation through primarily investing in a diversified portfolio of low duration global inflation-linked bonds, using prudent investment management principles.