The PIMCO Managed Conservative Bond Pool follows PIMCO's forward-looking investment process to balance the trade-offs offered by today's market. The Pool offers access to PIMCO in one-ticket and can serve as a core fixed income holding, delivering globally diversified bond strategies managed by one of the largest active fixed income managers in the world. The Fund allocates and rebalances across the underlying funds based on PIMCO's assessment of the fixed income markets and the underlying funds' ability to help the Fund meet its stated investment objectives.