PIMCO Canada to close the PIMCO Balanced Income Fund (Canada)

TORONTO, June 05, 2020 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (a??PIMCO Canadaa??), the manager of the PIMCO Canada Funds, will terminate PIMCO Balanced Income Fund (Canada) (the a??Funda??), effective on or about August 28, 2020.
Investors may redeem their units of the Fund, or switch their units into the same series of another PIMCO Canada mutual fund, up to the close of business on August 28, 2020. PIMCO Canada will waive any redemption fees, sales charges or short-term trading fees for redemptions of units of the Fund. The Fund is closed to new purchases, and the Funda??s units will no longer be switched under PIMCO Canadaa??s Fee Alignment Program. PIMCO Canada will send a notice to each investor in the Fund regarding the termination.For further information on PIMCO Canada and the PIMCO mutual funds, please visit or call us at 1 866 341 3350 (416 368 3350 in Toronto).About PIMCO
PIMCO is one of the worlda??s premier fixed income investment managers. With its launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, the firm continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today PIMCO has offices across the globe and 2,500+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz SE, a leading global diversified financial services provider.No offering is being made by this material.
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