PIMCO GIS Euro Liquidity Rated AAA
"Moody's assigns Aaa/MR1+ money market fund ratings to PIMCO GIS Euro Liquidity Fund". The release says, "Moody's Investors Service has today assigned Aaa/MR1+ money market fund ratings to the PIMCO GIS Euro Liquidity Fund, a fund launched in May 2008." Moody's Assistant V.P. Michael Eberhardt says, "The rating reflects the high credit quality of the Fund's investments, the Fund's objective to maintain a stable net asset value per share, the disciplined investment and credit research process and robust compliance and risk management structure of its investment adviser, PIMCO." Moody's says, "The Fund is a sub-fund of PIMCO Funds: Global Investors Series, plc, a Dublin-domiciled open-ended investment company, which operates in accordance with the UCITS III Directive. The Fund is managed by the Munich fixed income portfolio management team of PIMCO Europe Limited, a partially owned subsidiary of Allianz SE."
