Investment involves risks. Past performance is not indicative of future performance. Investors should refer to the offering documents for details, including risk factors. Unless otherwise noted, all information is sourced from PineBridge Investments internal data. This material is issued by PineBridge Investments Asia Limited, a company incorporated in Bermuda with limited liability, and has not been reviewed by the Securities and Futures Commission.
PineBridge Global Dynamic Asset Allocation Fund (the “Fund”) is a sub-fund of PineBridge Global Funds, an Irish domiciled UCITS umbrella fund, authorized and regulated by the Central Bank of Ireland. PineBridge Investments is a group of international companies that provide investment advice and market asset management products and services to clients around the world. PineBridge Investments is a registered trademark proprietary to PineBridge Investments IP Holding Company Limited.
Material Change to the Fund: The Sub-Fund is actively managed to an outcome. The benchmark is a performance target. The Fund seeks a return equivalent to the performance target over five year rolling period but the Sub-Fund’s holdings and risk characteristics are not constrained by the Benchmark. Source of benchmark: US Bureau of Labor Statistics. Since inception to 26 October 2016, the benchmark of the Fund was a blended index of 60% of the MSCI World Daily Total Return Net Index and 40% of the FTSE World Broad Investment Grade (non-MBS) Index. With effect from 27 October 2016 to 31 December 2021, the benchmark of the Fund was changed to a blended index of 60% of the MSCI All Country World Index (ACWI) Daily Total Return Net and 40% of the FTSE World Government Bond Index (Total Return). With effect from 01 January 2022, the benchmark of the Fund was changed to US Consumer Price Index Ex Food and Energy (CPI) +5%.
Such change was made because the Investment Manager of the Fund reasonably considers that such benchmark is more reflective of the Fund’s investment strategy than the previous benchmark. The Fund was formed as a successor fund to AIG Balanced World Fund plc (the "Company") following a scheme of amalgamation with the Company and was launched on 7 April 2006. On 19 February 2013, PineBridge Investments LLC is appointed as co-investment manager to manage the Fund in tandem with the existing investment managers, PineBridge Investments Europe Limited and PineBridge Investments Asia Limited. On 25 September 2018, PineBridge Investments Japan Co., Ltd was appointed as a sub-investment manager by PineBridge Investments Asia Limited.
Morningstar Rating™ Source: Morningstar Essentials™. Copyright © 2022 Morningstar, Inc. All Rights Reserved. Morningstar Rating in the USD FLEXIBLE ALLOCATION Morningstar Category. Morningstar Performance ratings shown reflect the share class performance shown unless noted otherwise.