PIMCO Canada to Terminate Pathfinder Fund and Global Balanced Fund (Canada)

TORONTO, ON--(Marketwired - May 15, 2015) - PIMCO Canada Corp., the manager of the PIMCO Canada Funds, will terminate the PIMCO EqS Pathfinder Fund and the PIMCO Global Balanced Fund (Canada), effective July 24, 2015.

Investors may redeem or switch their units of the Funds up to the close of business on July 24, 2015. PIMCO Canada will waive any redemption fees, sales charges or short-term trading fees for redemptions of units of the Funds. The Funds are closed to new purchases. 

PIMCO Canada will send a notice to each investor in the Funds regarding the termination.

For further information on PIMCO Canada Corp. and the PIMCO Canada Funds, please visit www.pimco.ca or call 1-877-506-8126 (416-506-8187 in Toronto).

About PIMCO

PIMCO is a leading global investment management firm, with 13 offices in 12 countries throughout the Americas, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. PIMCO's goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The PIMCO Canada Mutual Funds are available for sale in each of the provinces and territories of Canada and only through dealers authorized for that purpose. PIMCO Canada Corp., 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350.