PIMCO RAE Europe is a fundamentally-weighted, smart beta-based equity strategy that aims to outperform the MSCI Europe Index. The fund gains a diversified exposure to the European equity market efficiently by selecting and weighting stocks based on non-price measures of company size (e.g. cash flows, dividends) and then applies additional enhancements designed to improve risk-adjusted returns.
The fund provides investors with a broad, diversified equity market exposure, with the potential for outperformance over the MSCI Europe Index.
The Fund Advantage
The fund seeks to outperform the MSCI Europe Index
through a unique approach that capitalises on observable
MSCI Europe Index
PRIMARY BENCHMARK DESCRIPTION
The MSCI Europe Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the developed markets in Europe. Since June 2007, the MSCI Europe Index consisted of 16 developed market country indices. The index represents the unhedged performance of the constituent stocks in euros. It is not possible to invest directly in an unmanaged index.
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