PIMCO RAE Worldwide Long/Short PLUS Fund Institutional Class is a **mutual fund** designed to pursue long-term capital appreciation alongside prudent risk management. The fund utilizes a long/short equity strategy, seeking to capitalize on both rising and falling securities across global markets. Its approach involves taking long positions in undervalued stocks and short positions in overvalued ones, aiming to generate returns regardless of broader market movements. Notably, the fund’s investment style emphasizes large value equities, and its portfolio reflects significant positions in structured equity and derivative instruments, as well as government and securitized debt. The fund is distinctively diversified through exposures to multiple regions and asset classes, and consistently maintains a high turnover rate, indicative of active management. With an institutional share class structure, relatively low expense ratio among peers, and a minimum initial investment threshold suitable for larger investors, it serves as a sophisticated vehicle within the long-short equity category, often utilized by institutions or high-net-worth individuals to seek alpha and risk mitigation in diversified portfolios.
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