PIMCO Low Duration Monthly Income Fund (Canada) has a primary portfolio of fixed income securities across a global opportunity set (duration varies from 0 to 3 years). The fund’s primary investment objective is to maximize current income. Long-term capital appreciation is a secondary objective. Designed for investors who need steady income with low interest rate exposure, the fund takes a broad-based approach to investing in income-generating bonds. While generating attractive current income is a primary goal, the fund also seeks long-term capital appreciation and compelling risk-adjusted returns with a low duration level. The fund also aims to preserve capital, maintain quality and lower interest rate risk.