For Endowus, why is PIMCO bonds fund chosen over Dimensional bonds fund? - Seedly
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Dirl

Asked 2w ago

For Endowus, why is PIMCO bonds fund chosen over Dimensional bonds fund?

How is PIMCO bonds fund vs Dimensional bonds fund performance during this past month? Thanks!

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Hi Dirl,

We choose to use PIMCO funds because they allow us to be diversified across credit, geographies and be invested in government bonds. The range of dimensional bond funds in SGD hedged is limited.

We do not compare performance because we priortise exposure over returns, even though we do compare funds of the same exposure for long term performance when it has a long enough track record.

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Dirl

2d ago

Hi Shengshi, can you elaborate what do you mean by "allow us to be diversified across credit, geographies and be invested in government bonds"? And also the what does "The range of dimensional bond funds in SGD hedged is limited" in a more layman term? pardon me for my ignorance with the technical jargon. Thanks
Shengshi Chiam, CFA
Shengshi Chiam, CFA

1d ago

Some of the dimensional funds do not have exposure to high yield bonds (credit), emerging market bond markets (geographies). We want to construct a bond portfolio that is diversified as well. Hope this helps.