Across all asset classes, put our simple mantra to work for you. Risk management. Returns. Some investment management ﬁrms give you one or the other. We give you both by following one simple philosophy: Focus on the long term and never lose sight of the risks. This approach enabled us to successfully steer our clients’ portfolios through the mortgage crisis in 2007. When you think of investment management, think PIMCO. Three-time Morningstar Fixed-Income Manager of the Year (2007, 2000, 1998) Past performance is not a guarantee or reliable indicator of future results. Investments carry the possibility of loss. © 2009, PIMCO.