Fact sheet: Allianz Emg Mkts Sel Bd

Fund information
Fund name
Allianz Emerging Markets Select Bond I NAV USD
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund manager
  • Greg Saichinsince 28/10/2014
Fund objective
The fund concentrates on bonds of public and private issuers from emerging market countries or companies that generate the predominant share of their revenues in the emerging markets. Bonds that are not rated investment-grade may be purchased without limitation. Portfolio duration may be actively managed between minus 4 and plus 8 years. The investment objective is to attain an above-average long-term return compared to the market for corporate and government bonds from the emerging markets.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.3%
1 Year rank in sector
49/230
Sector
FO Fixed Int - Emerging Markets
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.
0.79%
Fund size
£8m (£5m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
84
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Performance snapshot

Holdings snapshot

  • Global Emerging Markets27.9%
    Russia10.4%
    China10.2%
    Others7.8%
    Argentina7.4%
  • Other Bonds81.5%
    Corporate Bonds11.9%
    Government Bonds3.4%
    Money Market3.2%
  • Global Emerging Market Fixed Interest27.9%
    American Emerging Fixed Interest14.6%
    Russian Fixed Interest10.4%
    Chinese Fixed Interest10.2%
    Global Fixed Interest7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%1.5%6.9%12.3%--
Sector0.2%2%7.6%10.5%2.1%10.5%
Rank within sector221 / 244158 / 243125 / 23949 / 230--
Quartile4th3rd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund5.8%15.2%-5.3%--
Sector5.6%10.2%-7.3%-0.6%-7%
Rank within sector101 / 24224 / 225130 / 209--
Quartile2nd1st3rd
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 high1029.31
52 week low944.51
Current bid price-
Current offer price-
Current mid price1011.07
Region
1Global Emerging Markets27.9%
2Russia10.4%
3China10.2%
4Others7.8%
5Argentina7.4%
6Hong Kong7%
7Kazakhstan4.2%
8Brazil3.8%
9Dominican Republic3.6%
Industry sector
1Other Bonds81.5%
2Corporate Bonds11.9%
3Government Bonds3.4%
4Money Market3.2%
Asset type
1Global Emerging Market Fixed Interest27.9%
2American Emerging Fixed Interest14.6%
3Russian Fixed Interest10.4%
4Chinese Fixed Interest10.2%
5Global Fixed Interest7.8%
6Hong Kong Fixed Interest7%
7Kazakhstan Fixed Interest4.2%
8Brazilian Fixed Interest3.8%
9European Emerging Fixed Interest3.6%
Individual holdings
1BRF SA 2.75% BDS 03/06/22 EUR100000 144A3.75%
2FWD LTD PERP FIX TO FLOAT 6.250% 24.07.21983.65%
3ROMANIA(REPUBLIC OF) 4.375% BDS 22/08/23 USD2000 REG S3.65%
4MTNSJ REGS FIX 6.500% 13.10.20263.62%
5MIICF REGS FIX 6.875% 06/02/20243.61%
6MODERN LAND (CHINA) CO LTD 6.875% BDS 20/10/19 USD10003.58%
7SRILAN REGS FIX 5.875% 25.07.20223.57%
8DOMINICAN REPUBLIC 5.5% NTS 27/01/25 USD100000REG S3.56%
9GOHL CAPITAL LTD 4.25% NTS 24/01/27 USD2000003.5%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The fund concentrates on bonds of public and private issuers from emerging market countries or companies that generate the predominant share of their revenues in the emerging markets. Bonds that are not rated investment-grade may be purchased without limitation. Portfolio duration may be actively managed between minus 4 and plus 8 years. The investment objective is to attain an above-average long-term return compared to the market for corporate and government bonds from the emerging markets.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Greg Saichin28/10/2014Mr. Saichin is CIO Global EM Fixed Income. Prior to joining Allianz Global Investors in 2013, Greg spent 13 years as Head of Emerging Markets & Leveraged Finance Fixed Income funds and Senior Portfolio Manager for Pioneer Investments. At Pioneer, Greg was responsible for €4.5bn in dedicated investments in Emerging Market Debt and High Yield and multi-asset mandates. Greg spent two years at Credit Lyonnais as an associate director in the Emerging Market Debt Group having worked in Emerging Market Debt distribution at Deutsche Bank between 1994 and 1997 and European Capitals Markets distribution at Chemical Bank. Greg started his career in 1984. Greg holds a BA in Business Administration from UBA, Argentina (19894) and an MBA from Wharton, University of Pennsylvania (1988).
Compliance
Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, Denmark, Finland, United Kingdom, Republic Of Korea, Luxembourg, Netherlands, Offshore, Sweden
Allianz Emerging Markets Select Bond I (H2-EUR) EUR
Initial charge-
Annual charge0.78%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price986.7
Offer price986.7
Mid price-
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQI
Allianz Emerging Markets Select Bond I (H2-EUR) NAV EUR
Initial charge-
Annual charge0.78%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price986.7
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQH
Allianz Emerging Markets Select Bond I NAV USD
Initial charge-
Annual charge0.78%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price1011.07
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQJ
Allianz Emerging Markets Select Bond I USD
Initial charge-
Annual charge0.78%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price1011.07
Offer price1011.07
Mid price-
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQK
Allianz Emerging Markets Select Bond R (H2-EUR) EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price100.94
Offer price100.94
Mid price-
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTHY
Allianz Emerging Markets Select Bond R (H2-EUR) NAV EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price101.03
CurrencyEUR
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTHZ
Allianz Emerging Markets Select Bond RT (H2-EUR) EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price115.7
Offer price115.7
Mid price-
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ2A
Allianz Emerging Markets Select Bond RT (H2-EUR) NAV EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price115.67
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ1Z
Data provided by

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