21 August 2025: Investment Product Ideas

Mutual Funds ┃ 21 August 2025

PIMCO GIS Diversified Income Fund (PIMDIVI ID)

• Global Diversified Allocation. Adopts a global multi-asset approach covering investment-grade bonds, high-yield bonds, emerging market debt, and mortgage-backed securities. The strategy helps diversify risk, capture income opportunities across markets, and provide stable, diversified returns.
  
• Expert Management Team. Actively managed by PIMCO, one of the world’s largest fixed income managers, with asset allocation dynamically adjusted to market conditions, delivering relatively stable long-term performance.
  
• Morningstar 4 Star Rating and Lipper Fund Award. Large-scale fund with an average credit rating of AA-, awarded a Morningstar 4-star rating and the “Lipper Fund Awards Hong Kong 2023” for Best USD Global Bond Fund 10 Years).
  

Fund Name (Ticker)	PIMCO GIS Diversified Income Fund (PIMDIVI ID)
Description	The Diversified Income Fund provides efficient access to broad global credit market exposure by investing primarily in a diversified pool of corporate and emerging market fixed income securities of varying maturities. The Fund holds both non-US dollar-denominated fixed income securities and non-US dollar currency positions.
Asset Class	Fixed Income
30-Day Average Volume	N/A
Net Assets of Fund (as of 31 July)	US$9.987billion
12-Month Yield (as of 19 August)	4.58%
P/E Ratio	N/A
P/B Ratio	N/A
Expense Ratio (Annual)	1.59%

Top Holdings

(as of 31 March 2025)

(Source: Bloomberg)

AB – American Income Strategy Fund (ALAMITI LX)

• Focus on High Quality Investment Grade Bonds. At least 50% of assets are allocated to investment-grade securities, with a minimum of 65% issued by U S domiciled institutions. Currently, over 70% of the portfolio is investment grade, with an average credit rating of A-, offering stability in uncertain market conditions.
  
• Flexible and Active Management. With over 30 years of history, the fund dynamically allocates across global credit and government bonds, adjusting exposure based on market conditions. Winner of the 2022 Benchmark Taiwan Fund of the Year Award – Best USD Flexible Fixed Income Fund in its category.
  
• Monthly Distribution Share Class. Aims to provide steady income with a monthly distribution share class, making it suitable for conservative investors seeking stable cash flows.
  

Fund Name (Ticker)	AB – American Income Strategy Fund (ALAMITI LX)
Description	The Portfolio seeks to provide a high level of current income with the potential for capital appreciation by investing in a diversified portfolio of U.S. dollar-denominated fixed income securities. The Portfolio invests solely in U.S. dollar denominated fixed income securities, including investment grade and high yield, non-investment grade securities of issuers domiciled within and outside the U.S. Under normal market conditions, a minimum of 50% of the Portfolio assets will be invested in investment grade securities. At least 65% of the assets must be issued by issuers domiciled within the United States.
Asset Class	Fixed Income
30-Day Average Volume	N/A
Net Assets of Fund (as of 31 July)	US$24.29bn
12-Month Yield	N/A
P/E Ratio	N/A
P/B Ratio	N/A
Expense Ratio (Annual)	1.32%

Top Holdings

(as of 31 July 2025)

(Source: Bloomberg)