Not for distribution to United States newswire services or for dissemination in the United States
TORONTO, Dec. 17, 2018 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) today announced the estimated December and annual cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds (“Funds”). The estimated distribution amounts may differ from the actual amounts.
Unitholders of record of the ETF Series, at the close of business on December 24, 2018, will receive a per-unit cash distribution payable on January 3, 2019.
Details of the per-unit cash distribution amounts are as follows:
|Fund Name||Ticker||Cash Distribution per Unit|
|PIMCO Monthly Income Fund (Canada)||PMIF||$ 0.20126|
|PIMCO Investment Grade Credit Fund (Canada)||IGCF||$ 0.22124|
|PIMCO Monthly Income Fund (Canada) US$||PMIF.U||US$ 0.08597|
Final distribution amounts will be announced by PIMCO Canada on or about December 24, 2018.
The Manager, PIMCO Canada, administers and manages the PIMCO Canada ETFs, and retains Pacific Investment Management Company, LLC (“PIMCO”) to provide sub-advisory services to the Funds.
PIMCO is a leading global investment management firm, with offices in 11 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.
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 Funds’, PIMCO Canada’s 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 Funds, 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 Funds, 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.
Commissions, management fees and expenses all may be associated with an investment in the ETF Series Units. Please read the prospectus and ETF Facts carefully before investing. The ETF Series Units are not guaranteed, their value may change frequently and past performance may not be repeated.
For a summary of the risks of an investment in the Funds, please see the specific risks of mutual funds section of the prospectus. Units of ETF Series trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase risk of loss. Distributions are not guaranteed and are subject to change and/or elimination.
The products and services provided by PIMCO Canada may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose. PIMCO Canada has retained PIMCO as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.
PIMCO – Media Relations
Phone: +212 597.1054