PIMCO Multi-Asset Credit

PIMCO Multi-Asset Credit is an open-ended SICAV managed by PIMCO and domiciled in Luxembourg, where it is authorised under the UCI Part II regime rather than as an ELTIF, placing it among the 347 Luxembourg-domiciled vehicles and the 108 that combine that domicile with a private debt mandate. The vehicle follows a multi-strategy approach within private debt and launched in 2026, making it one of 148 private debt funds covered across a database of 494 vehicles. It is denominated in USD and classified as Non-ELTIF, with N/A recorded for ELTIF versioning.

Dealing mechanics sit at the more frequent end of the evergreen spectrum: subscriptions are accepted daily and the net asset value is struck daily, while redemptions are processed monthly subject to 15 days' notice. That combination means capital can be committed on a rolling basis while exits are queued to a periodic window, a structure intended to reconcile daily pricing with the liquidity profile of private credit assets. The minimum subscription is 25,000 USD, and the vehicle is positioned for both professional and eligible retail investors on a pan-European distribution basis. The management fee, shown as , can be compared against the fee levels recorded for the 108 peers sharing the same asset class and domicile.

For regulatory classification, the fund is reported as Article 8 under SFDR and carries a summary risk indicator of 2 on the standard scale, which sits below the level typical of closed-ended private credit structures and reflects the daily-NAV, open-end format rather than the underlying credit exposure alone.