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The Adviser Centre adds PIMCO Select UK Income Bond to recommended list

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The Adviser Centre has added the PIMCO Select UK Income Bond fund to its recommended list. 

Gill Hutchison, head of investment research at The Adviser Centre, City Financial, says: “The fund is diversified and income-focused; it is managed with flexibility but with an over-arching framework that ensures the portfolio is appropriately balanced between the income objective and the manager’s concern for capital volatility.
 
“We regard the fund as a robust offering for investors seeking a stable and consistent level of income, paid monthly. The manager’s awareness of aggregate market risk and portfolio diversification is designed to make the fund’s capital performance more palatable in periods of market stress.”
 
The PIMCO Select UK Income Bond fund is managed by Mike Amey, managing director and portfolio manager in PIMCO’s London office. He joined PIMCO in 2003 and has been involved with the Select UK Income Bond fund since its launch in February 2011.

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