PACE International Equity Investments Class P2 (PWITX)

Overview

The described fund focuses on capital investment in equity securities, dedicating at least 80% of its net assets, plus any borrowed amounts for investment purposes, into this financial avenue. Its investment strategy targets stocks of companies rooted in developed foreign countries, highlighting its interest in markets across Japan, Europe, the Pacific, and Australia. While these investments are predominantly made in stock markets outside the U.S., they also extend to U.S. traded securities, encompassing a diversification strategy across geographies. The fund aims to capitalize on the growth potential of developed markets outside the U.S., navigating through common stocks—which may or may not offer dividends—and securities that are convertible into common stocks, thereby tapping into a spectrum of investment opportunities in companies domiciled beyond the U.S. borders.

Products and Services

• Equity Securities Investment

  The core offering of the fund involves investing in equity securities, primarily targeting the stocks of companies that are established in developed foreign countries. This includes placing a significant portion of its assets in the equity markets of Japan, Europe, the Pacific, and Australia, as well as in U.S. securities markets, thus embracing a global investment outlook.

• Common Stocks

  Within its equity securities portfolio, the fund specifically focuses on investing in common stocks, which forms the backbone of its investment strategy. These stocks are selected from companies domiciled outside the U.S., providing investors exposure to the potential growth and earnings of businesses in developed markets. The option of dividend-paying stocks adds another layer of potential income for investors, aside from the capital appreciation of the stocks themselves.

• Convertible Securities

  Expanding its investment horizon, the fund also delves into securities convertible into common stocks. This not only diversifies the investment portfolio but also offers a strategic mix of investment instruments that can adapt to changing market conditions. By investing in convertible securities, the fund can potentially benefit from the equity-like upside while potentially mitigating risks through the bond-like characteristics of these investments.