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 investment policy is geared towards generating long term capital growth while primarily taking into account the opportunities and risks on the European convertible bond markets.
Benchmark
  • Exane Europe Convertible Bond
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
5.2%
1 Year rank in sector
41/72
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
£630m (£514m last year)
Top in this sector
Fund name1 Year
Man Convertibles Am16.1%
Swisscanto (LU) Bond COCO13.6%
CQS Global Convertible UCITS12.4%
UBS (L)BCnvrtEur€11.7%
Westwood Stgc Gbl Cnv10.9%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Germany20.8%
    France20%
    UK15%
    Europe14.9%
    Others8.8%
  • Corporate Bonds88.7%
    Other Bonds10.7%
    Government Bonds0.6%
  • German Fixed Interest20.8%
    French Fixed Interest20%
    European Fixed Interest17.9%
    UK Fixed Interest15%
    Global Fixed Interest10.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%2.1%3.4%5.2%--
Sector1.1%2.1%3.3%5.5%7.1%27.5%
Rank within sector5 / 7225 / 7240 / 7241 / 72--
Quartile1st2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.3%-1.1%---
Sector2.9%0.7%2.9%2.3%11.7%
Rank within sector49 / 7255 / 71---
Quartile3rd4th
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 high100.2
52 week low93.42
Current bid price-
Current offer price-
Current mid price100.67
Region
1Germany20.8%
2France20%
3UK15%
4Europe14.9%
5Others8.8%
6Italy6%
7Global Emerging Markets5.9%
8Portugal3.7%
9Eastern Europe3%
Industry sector
1Corporate Bonds88.7%
2Other Bonds10.7%
3Government Bonds0.6%
Asset type
1German Fixed Interest20.8%
2French Fixed Interest20%
3European Fixed Interest17.9%
4UK Fixed Interest15%
5Global Fixed Interest10.3%
6Italian Fixed Interest6%
7Global Emerging Market Fixed Interest5.9%
8Portuguese Fixed Interest3.7%
9Spanish Fixed Interest0.4%
Individual holdings
1PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS3.69%
2SHFSJ SNH CONV FIX 1.250% 21/10/20233.46%
3INTERNATIONAL CONSOLIDATED AIRLINES 0.625% 17/11/20223.32%
4AIRBUS GROUP SE 0% BDS 14/06/21 EUR1000003.2%
5ALATPF ALAT CONV FIX 1.5% 18/01/20213%
6MNV ZRT 3.375% CNV BDS 02/04/19 EUR1000002.53%
7FRESENIUS SE FRE CONV ZERO 24.09.20192.52%
8INMARSAT ISAT CONV FIX 3.875% 09.09.20232.49%
9IMMOFINANZ 4.25% 08/03/2018 EUR CONV (DUMMY)2.39%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The investment policy is geared towards generating long term capital growth while primarily taking into account the opportunities and risks on the European convertible bond markets.
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 price130.84
Offer price134.77
Mid price-
CurrencyEUR
Price updated25/04/2017
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 price130.84
CurrencyEUR
Price updated25/04/2017
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)1.4%
Total expense ratio (TER)1.4%
Bid price135.76
Offer price139.83
Mid price-
CurrencyEUR
Price updated25/04/2017
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)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price135.76
CurrencyEUR
Price updated25/04/2017
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)1.81%
Bid price100.67
Offer price103.69
Mid price-
CurrencyEUR
Price updated25/04/2017
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)1.81%
Bid price-
Offer price-
Mid price100.67
CurrencyEUR
Price updated25/04/2017
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 price1400.82
Offer price1400.82
Mid price-
CurrencyEUR
Price updated25/04/2017
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 price1400.82
CurrencyEUR
Price updated25/04/2017
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 price1152.86
Offer price1152.86
Mid price-
CurrencyEUR
Price updated25/04/2017
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 price1152.86
CurrencyEUR
Price updated25/04/2017
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)0.89%
Bid price107.27
Offer price107.27
Mid price-
CurrencyEUR
Price updated25/04/2017
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)0.89%
Bid price-
Offer price-
Mid price107.27
CurrencyEUR
Price updated25/04/2017
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 price1150.26
Offer price1150.26
Mid price-
CurrencyEUR
Price updated25/04/2017
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 price1150.26
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI5R
Data provided by

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