About PCIEX
PACE International Equity Investments Class P is an open-end mutual fund focused on providing broad exposure to developed international equity markets outside the United States. The fund predominantly invests at least 80% of its assets in stocks of large- and mid-cap companies domiciled in developed foreign countries, with significant allocations to Japanese, European, Pacific, and Australian markets. While its core holdings are in common stocks—often in financial services, technology, and utilities sectors—the portfolio may also include convertible securities and, to a limited extent, equities from emerging markets.
The fund leverages a multi-manager approach and aims to balance sector weights and geographic exposures for diversification. Its investment strategy incorporates both fundamental and quantitative inputs, seeking to capitalize on favorable security selection and momentum factors. PACE International Equity Investments Class P is designed for investors who seek international diversification beyond U.S. markets.
Notably, the fund has an above-average expense ratio relative to its peer group, reflecting its actively managed structure. It typically distributes income and capital gains annually and maintains a moderate turnover rate, signaling an intermediate-term investment approach. Overall, PACE International Equity Investments Class P plays a significant role in offering access to global equities, helping diversify investor portfolios across leading international markets.
Fund Family UBS Asset Management
Category Foreign Large Blend
Performance Rating High
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PCIEX
Index MSCI EAFE NR USD
PCIEX had a total return of 34.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.71%.
