Investment and Retirement

SSQ PIMCO Global Bond GIF: underlying fund and benchmark index changes

The SSQ PIMCO Global Bond guaranteed investment fund (GIF) invests in two underlying funds: the PIMCO Global Advantage Bond Fund (67%) and the PIMCO Monthly Income Fund (33%).

On February 23, 2018, the PIMCO Global Advantage Strategy Bond Fund changed its name to PIMCO Flexible Global Bond Fund (Canada).

The benchmark index for this fund was also changed from PIMCO Global Advantage Bond Index (partially hedged for currency) to Barclays Global Aggregate (hedged for Canadian currency).

These changes announced by PIMCO in no way affect the investment strategy and policy of the PIMCO fund or the SSQ fund. The PIMCO Flexible Global Bond Fund will continue to select the best investment opportunities across the globe while favouring the less indebted issuers compared to traditional global bond funds.

SSQ PIMCO Global Bond GIF monthly profile