Fact sheet: Allianz EmrMktFlxBd

Fund information
Fund name
Allianz Emerging Markets Flexible Bond R (H-GBP) GBP
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
17.3%
1 Year rank in sector
-
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.
0.89%
Fund size
£5m (£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.
38
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$53.7%
Pictet Lat Am Lcl Cur Dt43.1%
SEI Emg Mkts Dt37.3%
Aviva Investors Emg Mkts Bd36.6%
Old Mutual Em Mt Dt36.4%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Global Emerging Markets25.3%
    China11.1%
    Russia8.3%
    India7.7%
    Others7.7%
  • Other Bonds54.4%
    Corporate Bonds33.3%
    Government Bonds7.5%
    Others3.7%
    Money Market1.1%
  • Global Emerging Market Fixed Interest25.3%
    Chinese Fixed Interest11.1%
    American Emerging Fixed Interest10.1%
    Russian Fixed Interest8.3%
    African Fixed Interest7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%6.2%11.5%17.3%--
Sector0.4%4.7%8.5%13.1%3.8%13.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund17.1%-5.3%---
Sector13.2%-7.3%-0.6%-7%14.7%
Rank within sector-----
Quartile
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 high107.66
52 week low89.23
Current bid price107.42
Current offer price107.42
Current mid price-
Region
1Global Emerging Markets25.3%
2China11.1%
3Russia8.3%
4India7.7%
5Others7.7%
6Brazil6.8%
7Argentina6.1%
8Ivory Coast4%
9Panama4%
Industry sector
1Other Bonds54.4%
2Corporate Bonds33.3%
3Government Bonds7.5%
4Others3.7%
5Money Market1.1%
Asset type
1Global Emerging Market Fixed Interest25.3%
2Chinese Fixed Interest11.1%
3American Emerging Fixed Interest10.1%
4Russian Fixed Interest8.3%
5African Fixed Interest7.9%
6European Emerging Fixed Interest7.8%
7Global Fixed Interest7.7%
8Indian Fixed Interest7.7%
9Brazilian Fixed Interest6.8%
Individual holdings
1SBERBANK OF RUSSIA 5.5% BDS 26/02/24 USD2000004.58%
2INDIAN OIL CORP 5.75% BDS 01/08/23 USD2000004.24%
3PANAMA(REPUBLIC OF) 3.75% BDS 16/03/25 USD2000004.04%
4ROMANIA(REPUBLIC OF) 4.375% BDS 22/08/23 USD2000 REG S4.04%
5IVORY COAST (COTE D'IVOIRE) 6.375% 03/3/2028 REGS3.96%
6GHANA(REPUBLIC OF) 8.5% NTS 04/10/17 USD100000 `REGS`3.88%
7SINOPEC GROUP OVERSEAS DEV 2015 LTD 3.25% BDS 28/04/25 USD200000 REG S3.83%
8TRINIDAD & TOBAGO(REPUBLIC OF) 4.5% BDS 04/08/26 USD10003.83%
9MIICF REGS FIX 6.875% 06/02/20243.82%
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 Flexible 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 price1009.58
Offer price1009.58
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQI
Allianz Emerging Markets Flexible 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 price1009.58
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQH
Allianz Emerging Markets Flexible 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 price1023.06
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQJ
Allianz Emerging Markets Flexible 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 price1023.06
Offer price1023.06
Mid price-
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOQK
Allianz Emerging Markets Flexible Bond R (H-GBP) GBP
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)0.9%
Bid price107.42
Offer price107.42
Mid price-
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPZA
Allianz Emerging Markets Flexible Bond R (H-GBP) NAV GBP
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)0.9%
Bid price-
Offer price-
Mid price107.42
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPYZ
Allianz Emerging Markets Flexible 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 price103.19
Offer price103.19
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTHY
Allianz Emerging Markets Flexible 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 price103.19
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTHZ
Allianz Emerging Markets Flexible 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)0.91%
Bid price113.08
Offer price113.08
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ2A
Allianz Emerging Markets Flexible 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)0.91%
Bid price-
Offer price-
Mid price113.08
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ1Z
Data provided by

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