Select a PL Portfolio Optimization Fund:
Impersonation Mode
Fund Overview
Objective
Seeks current income and preservation of capital.
Strategy
Underlying funds that invest primarily in fixed income, such as investment grade securities, including mortgage-related and international securities, but also invests a portion of its assets in equity securities.
Portfolio Breakdown (as of 7/1/11)
What You Should Know
Asset allocations may vary from target allocations.
Portfolio Optimization Funds are exposed to the same risks as the underlying funds in direct proportion to the allocation of assets among those funds. Asset allocation does not guarantee future results, ensure a profit, or protect against loss. Investment in a fund-of-funds involves direct expenses for each fund and indirect expenses for the underlying funds, which together can be higher than expenses incurred when investing directly in an underlying fund.
Generally, stocks of small-cap, mid-cap, and emerging-growth companies may be riskier and more volatile than larger, more established companies. International investing is subject to currency fluctuations and political changes. Floating rate loans involve risk of default on interest and principal payments or price changes due to changes in credit quality of the issuer. The value can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments. Real estate investments involve risks such as refinancing, economic impact on industry, changes in property values, dependency on management skills, and risks similar to small company investing.
The underlying funds are not available for individual purchase. The underlying funds prospectus is available at www.PLFunds.com.
Although some funds may have names or investment objectives that resemble other mutual funds managed by the same money manager, Pacific Life Funds may not have the same underlying holdings or performance as the other mutual funds. Investment results may be higher or lower.
Values will fluctuate, and when redeemed, the shares may be worth more or less than the original cost.
This material must be preceded or accompanied by the Pacific Life Funds prospectus. The prospectus contains more complete information, including the risks, charges, limitations, expenses, and investment objectives of Pacific Life Funds. Read it carefully before investing.
Main Street is a registered trademark of OppenheimerFunds, Inc. MFS is a registered trademark of Massachusetts Financial Services Company.
Pacific Life Fund Advisors, LLC (PLFA), a wholly owned subsidiary of Pacific Life Insurance Company, is the investment advisor to the Pacific Life Funds (PLF) and the manager of certain PLF funds. PLFA also does business under the name Pacific Asset Management and manages certain PLF funds under that name.
Portfolio Holdings as of 3/31/12
| Manager | Underlying Fund | % |
|---|---|---|
| ClearBridge | PL Large-Cap Value | 5.12 |
| Eaton Vance | PL Floating Rate Loan | 9.10 |
| Invesco | PL Comstock | 4.13 |
| J.P. Morgan | PL International Value | 2.00 |
| Lazard | PL Mid-Cap Equity | 3.05 |
| MFS® | PL International Large-Cap | 3.06 |
| Oppenheimer | PL Main Street® Core | 2.03 |
| PIMCO | PL Managed Bond | 37.75 |
| PIMCO | PL Inflation Managed | 17.73 |
| T. Rowe Price | PL Short Duration Bond | 13.86 |
| UBS | PL Large-Cap Growth | 2.17 |
| Total | 100 % |
What You Should Know
Asset allocations may vary from target allocations.
Portfolio Optimization Funds are exposed to the same risks as the underlying funds in direct proportion to the allocation of assets among those funds. Asset allocation does not guarantee future results, ensure a profit, or protect against loss. Investment in a fund-of-funds involves direct expenses for each fund and indirect expenses for the underlying funds, which together can be higher than expenses incurred when investing directly in an underlying fund.
Generally, stocks of small-cap, mid-cap, and emerging-growth companies may be riskier and more volatile than larger, more established companies. International investing is subject to currency fluctuations and political changes. Floating rate loans involve risk of default on interest and principal payments or price changes due to changes in credit quality of the issuer. The value can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments. Real estate investments involve risks such as refinancing, economic impact on industry, changes in property values, dependency on management skills, and risks similar to small company investing.
The underlying funds are not available for individual purchase. The underlying funds prospectus is available at www.PLFunds.com.
Although some funds may have names or investment objectives that resemble other mutual funds managed by the same money manager, Pacific Life Funds may not have the same underlying holdings or performance as the other mutual funds. Investment results may be higher or lower.
Values will fluctuate, and when redeemed, the shares may be worth more or less than the original cost.
This material must be preceded or accompanied by the Pacific Life Funds prospectus. The prospectus contains more complete information, including the risks, charges, limitations, expenses, and investment objectives of Pacific Life Funds. Read it carefully before investing.
Main Street is a registered trademark of OppenheimerFunds, Inc. MFS is a registered trademark of Massachusetts Financial Services Company.
Pacific Life Fund Advisors, LLC (PLFA), a wholly owned subsidiary of Pacific Life Insurance Company, is the investment advisor to the Pacific Life Funds (PLF) and the manager of certain PLF funds. PLFA also does business under the name Pacific Asset Management and manages certain PLF funds under that name.
| Class A | Class B | Class C | Class R | |
|---|---|---|---|---|
| CUSIPs | 694289 47 1 | 694289 46 3 | 694289 45 5 | 694289 18 2 |
| Tickers | POAAX | POABX | POACX | POARX |
Total Returns (as of 3/31/12)
With Maximum Sales Charges %
| Share Class | YTD | 1-Year | Average Annual | ||
|---|---|---|---|---|---|
| 3-Year | 5-Year | Life of Fund 12/31/03 |
|||
| A | (1.60) | (0.94) | 9.06 | 4.00 | 4.05 |
| B | (1.02) | (0.98) | 9.28 | 4.11 | 4.13 |
| C | 2.99 | 3.08 | 10.43 | 4.45 | 4.11 |
Without Sales Charges %
Share Class
|
YTD | 1-Year
|
Average Annual | ||
|---|---|---|---|---|---|
3-Year
|
5-Year
|
Life of Fund
12/31/03 |
|||
| A | 4.14 | 4.80 | 11.12 | 5.18 | 4.77 |
| B | 3.99 | 4.02 | 10.39 | 4.44 | 4.13 |
| C | 3.99 | 4.08 | 10.43 | 4.45 | 4.11 |
Share Class
|
YTD | 1-Year
|
Average Annual | ||
3-Year
|
5-Year
|
Life of Fund
9/30/05 |
|||
| R | 4.06 | 4.58 | 10.87 | 4.92 | 5.02 |
Index Returns %
Share Class
|
YTD | 1-Year
|
Average Annual | ||
|---|---|---|---|---|---|
3-Year
|
5-Year
|
Life of Fund
12/31/03 |
|||
Barclays Cap.
U.S. Aggr. Bond Index1 |
0.30 | 7.71
|
6.83
|
6.25
|
5.31
|
S&P 500® Index2
|
12.59 | 8.54
|
23.42
|
2.01
|
5.02
|
MSCI EAFE Index3
|
10.86 | (5.77)
|
17.13
|
(3.51)
|
5.05
|
BofA Merrill Lynch U.S.
3-Month Treasury Bill Index4 |
0.01 | 0.06
|
0.13
|
1.24
|
2.01
|
Index inception dates exist prior to 12/31/03. Returns reflect reinvestment of dividends and distributions.
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance quoted. The investment return and principal value of an investment will fluctuate so, when redeemed, may be worth more or less than the original cost.
Class A shares have a maximum 5.50% sales charge. Class B shares have a maximum 5.00% contingent deferred sales charge (CDSC). If Class C shares are redeemed within one year from purchase, a 1.00% CDSC will apply. Class R shares have no initial sales charge or CDSC. R shares are sold without sales charge and are only available through retirement plans.
1Barclays Capital U.S. Aggregate Bond Index: Composed of approximately 7,000 asset-based, corporate, government, and mortgage-backed bonds. The index's total return consists of price appreciation/depreciation and income as a percentage of the original investment. 2S&P 500® Index: A market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. 3MSCI EAFE Index (Morgan Stanley Capital International): Measures the performance of developed stock markets in Europe, Australasia and the Far East. 4BofA Merrill Lynch U.S. 3-Month Treasury Bill Index: Comprised of a single issue purchased at the beginning of the month and held for a full month. Indices are unmanaged and cannot be invested in directly.
Annual Operating Expenses
Share Class
| Total
| Net
|
|---|---|---|
A
| 1.38% | 1.23% |
B
| 2.13 | 1.98 |
C
| 2.13 | 1.98 |
R
| 1.63 | 1.48 |
Total annual operating expenses reflect the current gross expenses paid by each fund. Net operating expenses reflect waivers, reductions, and reimbursements. Total annual operating expenses and net operating expenses are sourced from the prospectus dated July 1, 2011. PLFA has contractually agreed to limit certain operating expenses incurred by each Portfolio Optimization Fund that exceed an annual rate of 0.15% through 6/30/2014, and 0.30% from 7/1/2014 through 6/30/2021. There is no guarantee that PLFA will continue to cap expenses after the expiration date.
Standard Deviation (as of 3/31/12)
| Share Class | 3-Year | 5-Year |
|---|---|---|
| A | 5.38% | 6.90% |
| B | 5.47 | 6.99 |
| C | 5.49 | 6.96 |
| R | 5.39 | 6.90 |
Standard deviation is a statistical measurement of the expected variance of an investment's performance. The higher the standard deviation, the greater the risk of the investment.
What You Should Know
Asset allocations may vary from target allocations.
Portfolio Optimization Funds are exposed to the same risks as the underlying funds in direct proportion to the allocation of assets among those funds. Asset allocation does not guarantee future results, ensure a profit, or protect against loss. Investment in a fund-of-funds involves direct expenses for each fund and indirect expenses for the underlying funds, which together can be higher than expenses incurred when investing directly in an underlying fund.
Generally, stocks of small-cap, mid-cap, and emerging-growth companies may be riskier and more volatile than larger, more established companies. International investing is subject to currency fluctuations and political changes. Floating rate loans involve risk of default on interest and principal payments or price changes due to changes in credit quality of the issuer. The value can be more volatile due to increased sensitivity to adverse issuer, political, regulatory, market, or economic developments. Real estate investments involve risks such as refinancing, economic impact on industry, changes in property values, dependency on management skills, and risks similar to small company investing.
The underlying funds are not available for individual purchase. The underlying funds prospectus is available at www.PLFunds.com.
Although some funds may have names or investment objectives that resemble other mutual funds managed by the same money manager, Pacific Life Funds may not have the same underlying holdings or performance as the other mutual funds. Investment results may be higher or lower.
Values will fluctuate, and when redeemed, the shares may be worth more or less than the original cost.
This material must be preceded or accompanied by the Pacific Life Funds prospectus. The prospectus contains more complete information, including the risks, charges, limitations, expenses, and investment objectives of Pacific Life Funds. Read it carefully before investing.
Main Street is a registered trademark of OppenheimerFunds, Inc. MFS is a registered trademark of Massachusetts Financial Services Company.
Pacific Life Fund Advisors, LLC (PLFA), a wholly owned subsidiary of Pacific Life Insurance Company, is the investment advisor to the Pacific Life Funds (PLF) and the manager of certain PLF funds. PLFA also does business under the name Pacific Asset Management and manages certain PLF funds under that name.