Fact sheet: Allianz EmrgMktsShDuDfBd

Fund information
Fund name
Allianz Emerging Markets Short Duration Defensive Bond CT (H2-EUR) EUR
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund manager
  • Greg Saichinsince 31/03/2014
Fund objective
The fund concentrates on USD denominated bonds of public and private issuers from emerging market countries or companies that generate the predominant share of their revenues in the emerging markets. The fund may invest in high-yielding bonds, if they carry a rating of at least B- at the time of acquisition. Portfolio duration should be between one and four years. The investment objective is to attain an above-average long-term return compared to the market for short duration emerging markets bonds.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.6%
1 Year rank in sector
104/217
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.
1.44%
Fund size
£44m
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.
20
Top in this sector
Fund name1 Year
Rubrics Ind Fxd Inc UCITS32%
UBS (L)BdSIC-Brazil$31.5%
Pictet Lat Am Lcl Cur Dt29.3%
Schroder ISF EmgMktBd29%
Pioneer SICV-Emg Mkt Bd28.1%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Global Emerging Markets17.9%
    Others17.4%
    China12.7%
    Russia8.2%
    Hong Kong8%
  • Other Bonds67.4%
    Corporate Bonds18.6%
    Money Market7.6%
    Government Bonds4.2%
    Others2.2%
  • Global Emerging Market Fixed Interest17.9%
    Global Fixed Interest17.4%
    Chinese Fixed Interest12.7%
    Russian Fixed Interest8.2%
    Hong Kong Fixed Interest8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-0.9%1.8%5.6%--
Sector-4%-3.9%1.9%5.8%0%5.1%
Rank within sector29 / 22532 / 22482 / 222104 / 217--
Quartile1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.7%-2.7%---
Sector8%-7.3%-0.6%-7%14.7%
Rank within sector128 / 21991 / 203---
Quartile3rd2nd
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 high99.57
52 week low90.87
Current bid price98.26
Current offer price101.21
Current mid price-
Region
1Global Emerging Markets17.9%
2Others17.4%
3China12.7%
4Russia8.2%
5Hong Kong8%
6Turkey6.2%
7India5.7%
8Mexico5.4%
9Brazil4.2%
Industry sector
1Other Bonds67.4%
2Corporate Bonds18.6%
3Money Market7.6%
4Government Bonds4.2%
5Others2.2%
Asset type
1Global Emerging Market Fixed Interest17.9%
2Global Fixed Interest17.4%
3Chinese Fixed Interest12.7%
4Russian Fixed Interest8.2%
5Hong Kong Fixed Interest8%
6Middle East & African Fixed Interest6.2%
7Indian Fixed Interest5.7%
8Mexican Fixed Interest5.4%
9Brazilian Fixed Interest4.2%
Individual holdings
1EMIRATES TELECOM GRP CORP PJSC 2.375% BDS 18/06/19 USD10002.54%
2BANCO LATINOAMERICANO DE COM EXT 3.25% BDS 07/05/20 USD150000 REG S2.11%
3COCA-COLA FEMSA SAB DE CV 2.375% NTS 26/11/18 USD10002.08%
4INTERNATIONAL BANK OF AZERBAIJAN 5.625% BDS 11/06/19 USD2000001.84%
5HYUNDAI CAPITAL AMERICA 2.75% BDS 27/09/26 USD20001.75%
6PETROBRAS GLOBAL FINANCE BV 4.875% BDS 17/03/20 USD10001.72%
7ECOPETROL SA 4.25% NTS 18/09/18 USD10001.65%
8LATAM AIRLINES GROUP SA 4.2% MTG BDS 15/11/27 USD10001.56%
9YAPI VE KREDI BANKASI AS 4.0% BDS 22/01/20 USD10001.56%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The fund concentrates on USD denominated bonds of public and private issuers from emerging market countries or companies that generate the predominant share of their revenues in the emerging markets. The fund may invest in high-yielding bonds, if they carry a rating of at least B- at the time of acquisition. Portfolio duration should be between one and four years. The investment objective is to attain an above-average long-term return compared to the market for short duration emerging markets bonds.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Greg Saichin31/03/2014Mr. 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 Austrian Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Offshore, Portugal
Allianz Emerging Markets Short Duration Defensive Bond AM (H2-EUR) EUR
Initial charge3%
Annual charge0.99%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price9.26
Offer price9.54
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFKCS
Allianz Emerging Markets Short Duration Defensive Bond AM (H2-EUR) NAV EUR
Initial charge3%
Annual charge0.99%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price9.26
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFKCT
Allianz Emerging Markets Short Duration Defensive Bond AT (H2-EUR) EUR
Initial charge3%
Annual charge0.99%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price99.72
Offer price102.71
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM5S
Allianz Emerging Markets Short Duration Defensive Bond AT (H2-EUR) NAV EUR
Initial charge3%
Annual charge0.99%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price99.72
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM5T
Allianz Emerging Markets Short Duration Defensive Bond CT (H2-EUR) EUR
Initial charge3%
Annual charge1.39%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price98.26
Offer price101.21
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKCU
Allianz Emerging Markets Short Duration Defensive Bond CT (H2-EUR) NAV EUR
Initial charge3%
Annual charge1.39%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price98.26
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKCV
Allianz Emerging Markets Short Duration Defensive Bond I (H2-EUR) EUR
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)0.56%
Bid price964.18
Offer price964.18
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIOG
Allianz Emerging Markets Short Duration Defensive Bond I (H2-EUR) NAV EUR
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price964.64
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIOH
Allianz Emerging Markets Short Duration Defensive Bond IT8 (H-EUR) EUR
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price989.39
Offer price989.39
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC14T
Allianz Emerging Markets Short Duration Defensive Bond IT8 (H-EUR) NAV EUR
Initial charge-
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price989.39
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC14U
Allianz Emerging Markets Short Duration Defensive Bond P (H2-GBP) GBP
Initial charge-
Annual charge0.55%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price978.34
Offer price978.34
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFM5U
Allianz Emerging Markets Short Duration Defensive Bond P (H2-GBP) NAV GBP
Initial charge-
Annual charge0.55%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price978.34
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFM5V
Allianz Emerging Markets Short Duration Defensive Bond P2 (H2-EUR) EUR
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.47%
Bid price953.85
Offer price953.85
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKCW
Allianz Emerging Markets Short Duration Defensive Bond P2 (H2-EUR) NAV EUR
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.47%
Bid price-
Offer price-
Mid price953.85
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKCX
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.