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PIMCO launches two funds

Pimco, the world's largest bond-fund manager, has launched two new funds; the Pimco Dividend and Income Builder Fund and the Pimco EqS Dividend Fund. Both funds are sub-funds of the Pimco Funds: Global Investors Series. The latter is an equity-focused fund, while the former supplements global equity investments with select fixed income positions.The funds will be managed by Brad Kinkelaar and Cliff Remily. Fixed income positions in the Dividend and Income Builder Fund will be managed by Eve Tournier.

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