PIMCO Canada to close the PIMCO Diversified Multi-Asset Fund (Canada)
2024年5月11日 - 5:30AM
PIMCO Canada Corp. (“PIMCO Canada”), the manager of the PIMCO
Canada Funds, will terminate PIMCO Diversified Multi-Asset Fund
(Canada) (the “Fund”), effective on or about July 31, 2024.
Investors may redeem their units of the Fund, or
switch their units into the same series of another PIMCO Canada
mutual fund, up to the close of business on July 31, 2024. The Fund
is closed to new purchases, and the Fund’s units will no longer be
switched under PIMCO Canada’s Fee Alignment Program. PIMCO Canada
will send a notice to each investor in the Fund regarding the
termination.
For further information on PIMCO Canada and the
PIMCO mutual funds, please visit www.pimco.ca or call us at 1 866
341 3350 (416 368 3350 in Toronto).
About PIMCO PIMCO is one of the
world’s premier fixed income investment managers. With its launch
in 1971 in Newport Beach, California, PIMCO introduced investors to
a total return approach to fixed income investing. In the 50+ years
since, the firm continued to bring innovation and expertise to our
partnership with clients seeking the best investment solutions.
Today PIMCO has offices across the globe and 2,500+ professionals
united by a single purpose: creating opportunities for investors in
every environment. PIMCO is owned by Allianz SE, a leading global
diversified financial services provider.
No offering is being made by this material.
Interested investors should obtain a copy of the prospectus, which
is available from your Financial Advisor.
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.
A word about risk: All investments
contain risk and may lose value. Investing in the bond
market is subject to risks, including market, interest
rate, issuer, credit, inflation risk, and liquidity risk. The value
of most bonds and bond strategies are impacted by changes in
interest rates. Bonds and bond strategies with longer durations
tend to be more sensitive and volatile than those with shorter
durations; bond prices generally fall as interest rates rise, and
low interest rate environments increase this risk. Reductions in
bond counterparty capacity may contribute to decreased market
liquidity and increased price volatility. Bond investments may be
worth more or less than the original cost when redeemed. Investing
in foreign denominated and/or domiciled securities
may involve heightened risk due to currency fluctuations, and
economic and political risks, which may be enhanced in emerging
markets. High yield, lower-rated securities
involve greater risk than higher-rated securities; portfolios that
invest in them may be subject to greater levels of credit and
liquidity risk than portfolios that do not. Mortgage and
asset-backed securities may be sensitive to changes in
interest rates, subject to early repayment risk, and their value
may fluctuate in response to the market’s perception of issuer
creditworthiness; while generally supported by some form of
government or private guarantee there is no assurance that private
guarantors will meet their obligations. Equities
may decline in value due to both real and perceived general market,
economic and industry conditions. Derivatives may
involve certain costs and risks such as liquidity, interest rate,
market, credit, management and the risk that a position could not
be closed when most advantageous. Investing in derivatives could
lose more than the amount invested.
Diversification does not ensure against loss.
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
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.
PIMCO as a general matter provides services to
qualified institutions, financial intermediaries and institutional
investors. Individual investors should contact their own financial
professional to determine the most appropriate investment options
for their financial situation. 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 is a trademark of Allianz
Asset Management of America LLC in the United States and throughout
the world. ©2024, PIMCO
The products and services provided by PIMCO Canada
Corp. 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.
PIMCO Canada Corp. 199 Bay Street,
Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L
1G2 is a company of PIMCO, 416-368-3350
Contact:Agnes CranePIMCO – Media Relations Ph.
212-597-1054Email: agnes.crane@pimco.com