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This general information pertains to the manager responsible for the day-to-day management of the portfolio(s) available through Pacific Life's variable products and the information presented may not relate specifically to the available portfolio(s). The information is provided by and used with the permission of this manager.
PIMCO is a renowned fixed income portfolio management powerhouse with a reputation built on 39 years of experience.
Fixed Income Management Philosophy
PIMCO's performance is attributed to a long-term investment philosophy that focuses on active decision making. In order to enhance its capabilities, the company has developed and continues to refine proprietary analytics that add value to the portfolios it manages.
Value Added Strategies
PIMCO adds value through a variety of techniques to maximize return and minimize volatility:
- Interest rate forecasts help determine portfolio duration
- Yield curve positioning determines portfolio maturity structure
- Sector rotation
- Credit analysis
- Issue selection
- Proprietary quantitative analysis
- Cost effective trading
- Futures/derivatives and forwards
Consistent Investment Management Expertise
- Depth and continuity in staff
- Conservative philosophy with long-term orientation
- History of innovation - new markets and ideas
- Organization structure focused and flat
Attributes
- Co-founded in 1971 by William Gross, noted bond manager, and Morningstar's 1998, 2000, 2007 Fixed Income Manager of the Year, as well as Morningstar's 2010 Manager of the Decade Award
- Approximately $1 trillion in assets under management
Portfolios Managed
Pacific Select Fund
Data as of December 31, 2009
Although some portfolios may have names or investment objectives that resemble retail mutual funds managed by the portfolio manager, these portfolios will not have the same underlying holdings or performance as the retail mutual funds.
You should carefully consider a variable life insurance product’s risks, charges, limitations and expenses, as well as the risks, charges, expenses and investment objectives of the underlying investment options. The accompanying product and underlying fund prospectuses contain this and other information about Pacific Life. Read them carefully before investing or sending money.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York, and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues, and its product and rider guarantees are backed by that company’s financial strength and claims-paying ability.
Pacific Select Fund portfolios are available only through Pacific Life's variable insurance products.
CWEB-L-NY-27B
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