Fact sheet: Allianz Convertible Bd

Fund information
Fund name
Allianz Convertible Bond CT NAV EUR
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund manager
  • Tristan Gruetsince 31/01/2012
Fund objective
The fund invests primarily in convertible bonds with emphasis on securities traded in Europe. Up to 20% of the fund's assets may be invested in convertible bonds issued in an Emerging Markets country. Stocks may be acquired on exerting conversion, subscription and option rights. The fund's aim is to generate capital growth over the long term.
Benchmark
  • Exane Europe Convertible Bond
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Convertible
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.8%
Fund size
£545m (£468m last year)
Top in this sector
Fund name1 Year
Man Convertibles Am9.3%
CQS Global Convertible UCITS8.1%
Franklin Gl Cnvtl Secrts8%
HAM Gbl Convtbl Bd6.8%
Calamos Gbl Convtl Opps6.3%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • France22.7%
    Germany19.1%
    UK17.3%
    Europe15.2%
    Global Emerging Markets7%
  • Corporate Bonds97.7%
    Others1.3%
    Government Bonds1%
  • French Fixed Interest22.7%
    German Fixed Interest19.1%
    European Fixed Interest18.1%
    UK Fixed Interest17.3%
    Global Fixed Interest7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1%1.7%---
Sector0.4%2.6%2.8%1.5%8.8%31.3%
Rank within sector50 / 7463 / 7454 / 74---
Quartile3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.4%----
Sector0.3%2.9%2.3%11.7%10.9%
Rank within sector60 / 73----
Quartile4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high101.4
52 week low90.62
Current bid price-
Current offer price-
Current mid price97.12
Region
1France22.7%
2Germany19.1%
3UK17.3%
4Europe15.2%
5Global Emerging Markets7%
6Others6.5%
7Italy5.1%
8Eastern Europe2.9%
9Portugal2.8%
Industry sector
1Corporate Bonds97.7%
2Others1.3%
3Government Bonds1%
Asset type
1French Fixed Interest22.7%
2German Fixed Interest19.1%
3European Fixed Interest18.1%
4UK Fixed Interest17.3%
5Global Fixed Interest7.4%
6Global Emerging Market Fixed Interest7%
7Italian Fixed Interest5.1%
8Portuguese Fixed Interest2.8%
9Spanish Fixed Interest0.5%
Individual holdings
1INTERNATIONAL CONSOLIDATED AIRLINES 0.625% 17/11/20224.94%
2SHFSJ SNH CONV FIX 1.250% 21/10/20234.88%
3IMMOFINANZ 4.25% 08/03/2018 EUR CONV (DUMMY)3.94%
4ALATPF ALAT CONV FIX 1.5% 18/01/20213.93%
5AIRBUS GROUP SE 0% BDS 14/06/21 EUR1000003.1%
6BRITISH LAND CO PLC 0% CNV BDS 09/06/20 GBP1000003%
7PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS2.86%
8ROCKET INTERNET SE 3% CNV BDS 22/07/22 EUR1000002.86%
9FONCIERE DES REGIONS 0.875% CNV BDS 01/04/19 EUR84.73REG S2.67%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The fund invests primarily in convertible bonds with emphasis on securities traded in Europe. Up to 20% of the fund's assets may be invested in convertible bonds issued in an Emerging Markets country. Stocks may be acquired on exerting conversion, subscription and option rights. The fund's aim is to generate capital growth over the long term.
Benchmark
  • Exane Europe Convertible Bond
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Tristan Gruet31/01/2012Tristan Gruet was born in France in 1973. He graduated from Ensimag with a bachelor’s degree in applied mathematics in 1997 and holds a master's degree in international finance from HEC Paris. Tristan is a holder of both the CFA and CAIA. He started his career at Paribas as a quantitative risk manager. After that, he joined BFT Gestion in 2000 and managed balanced & alternative investment funds. In 2005, he joined Allianz Global Investors Europe as head of quantitative portfolio management. Since 2008, he has become a fund manager and credit analyst. Outside of the fund management he enjoys wine tasting and golf.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, France, United Kingdom, Italy, Republic Of Korea, Luxembourg, Netherlands, Offshore, Poland, Portugal
Allianz Convertible Bond A EUR
Initial charge3%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price126.5
Offer price130.3
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFF2B
Allianz Convertible Bond A NAV EUR
Initial charge3%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price126.5
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0SOR
Allianz Convertible Bond AT EUR
Initial charge3%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price130.65
Offer price134.57
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFF2C
Allianz Convertible Bond AT NAV EUR
Initial charge3%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price130.65
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0SGN
Allianz Convertible Bond CT EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price97.12
Offer price100.03
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1QL
Allianz Convertible Bond CT NAV EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.12
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1QK
Allianz Convertible Bond IT EUR
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price1343.4
Offer price1343.4
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF2D
Allianz Convertible Bond IT NAV EUR
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price1343.4
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0SGO
Allianz Convertible Bond PT EUR
Initial charge-
Annual charge0.79%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price1105.87
Offer price1105.87
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDNR
Allianz Convertible Bond PT NAV EUR
Initial charge-
Annual charge0.79%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price1105.87
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDMF
Allianz Convertible Bond RT EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price102.98
Offer price102.98
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE89Y
Allianz Convertible Bond RT NAV EUR
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.98
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE89Z
Allianz Convertible Bond WT EUR
Initial charge-
Annual charge0.55%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)0.56%
Bid price1101.56
Offer price1101.56
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI5Q
Allianz Convertible Bond WT NAV EUR
Initial charge-
Annual charge0.55%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price1101.56
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI5R
Data provided by

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