PIMCO and DBS Bank have successfully completed the initial offering of a new back end share class for the PIMCO GIS Balanced Income and Growth Fund (P BIG), raising US$272m within days of its launch on 12 January. The fund, available in Hong Kong, Singapore, and Taiwan since late 2023, is designed to provide consistent income and long-term capital growth through a 60/40 allocation between global core equities and high-quality fixed income.
The new share class was made available to DBS customers in Singapore and Hong Kong without an upfront sales charge during the initial offering period, with a minimum investment of SGD 1,000 or HKD 20,000. A contingent deferred sales charge applies for redemptions within the first three years.
“P BIG is structured to help investors maintain long-term positioning through varied market conditions,” said Marcio Bogoricin, Executive Vice President and Head of Global Wealth Management for Asia ex Japan at PIMCO. The fund’s tactical flexibility aims to support clients’ portfolios across all market environments.
The P BIG fund surpassed US$5b in assets under management in November 2025, with the Administrative USD Income II share class delivering a 21% net return for the year ending 31 December 2025. James Tan, Group Head of Investment Products and Advisory at DBS Bank, highlighted the importance of disciplined diversification and sustainable income generation in today’s markets.
This launch underscores PIMCO and DBS’s commitment to lowering investment barriers for retail investors and expanding access to globally-diversified, actively managed strategies.
