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Investors May Want to Diversify Internationally

02/08/2008


PIMCO's Mohamed El-Erian appeared on PBS-TV's Consuelo Mack's WealthTrack on February 8, 2008.

 

Dr. El-Erian discussed changes in the global economy. According to El-Erian, investors should make sure they have significant international exposure because the rest of the world will likely grow faster than a slowing U.S.

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Investors should consider the investment objectives, risks, charges and expenses of any mutual fund carefully before investing. This and other information is contained in the fund´s prospectus, which may be obtained by contacting your financial advisor. Click here for a complete list of the PIMCO Funds and Allianz Funds prospectuses. Please read the prospectus carefully before you invest or send money.

Past performance is no guarantee of future results.  This is not an offer or solicitation for the purchase or sale of any financial instrument.  It is presented only to provide information on investment strategies and opportunities.  The material contains the current opinions of the commentator, which are subject to change without notice.  Statements concerning financial market trends are based on current market conditions, which will fluctuate.  References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities.

 

Diversification does not assure a profit or protect against loss. 

 

Commodities are volatile investments and should form only a small part of a diversified portfolio. Commodities may not be suitable for all investors. The use of derivative instruments may add additional risk. Consult your financial advisor to help you determine whether an investment in this Fund/commodity investment is right for you.

 

The value of real estate and portfolios that invest in real estate may fluctuate due to: losses from casualty or condemnation, changes in local and general economic conditions, supply and demand, interest rates, property tax rates, regulatory limitations on rents, zoning laws, and operating expenses.

 

Inflation-indexed bonds issued by the U.S. Government, known as TIPS, are fixed-income securities whose principal value is periodically adjusted according to the rate of inflation, which will affect the interest payable on them. Repayment upon maturity of the adjusted principal value is guaranteed by the U.S. Government. Neither the current market value of inflation-indexed bonds nor the share value of a fund that invests in them is guaranteed, and either or both may fluctuate.

 

Investing in non-U.S. securities entails additional risks, including political and economic risk and the risk of currency fluctuations; these risks may be enhanced in emerging markets.

 

Diversification does not assure a profit or protect against loss.


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