Fact sheet: Allianz EurConvictEq

Fund information
Fund name
Allianz Europe Conviction Equity A NAV EUR
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund managers
  • Stefano Ghirosince 01/10/2013
  • Stefan Raetzersince 01/10/2013
Fund objective
The fund invests primarily in stocks of companies domiciled in Europe (including Turkey and Russia). Its investment objective is to attain capital growth over the long term.
Benchmark
  • MSCI Europe Net (TR) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-2%
1 Year rank in sector
166/224
Sector
FO Equity - Europe inc UK
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.
1.85%
Fund size
£209m (£90m 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.
97
Top in this sector
Fund name1 Year
IVI European32.2%
Mirabaud Eqts PanEur SmllMid32.1%
JOHCM European Sel Val29.5%
Schroder ISF Eur SpclSits29.1%
Allianz Eur Eq Gth25.8%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK26.1%
    Germany20.3%
    France16.8%
    Switzerland10.6%
    Netherlands6.2%
  • Information Technology17.8%
    Consumer Discretionary16.9%
    Financials15.3%
    Consumer Staples13.7%
    Health Care9.3%
  • UK Equities26.1%
    German Equities20.3%
    French Equities16.8%
    Swiss Equities10.6%
    Dutch Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%6.3%1.8%-2%12.5%63.5%
Sector0.5%2.8%3.2%0.9%17.2%73.2%
Rank within sector151 / 233117 / 234170 / 231166 / 224143 / 200136 / 176
Quartile3rd2nd3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-7.8%10.2%4.1%19.9%17.1%
Sector-3.9%11.1%4.2%21.1%17.6%
Rank within sector191 / 229115 / 215126 / 202125 / 190125 / 180
Quartile4th3rd3rd3rd3rd
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.
-1.49
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.
1.13
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.
0.17
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%.
14.44
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.
3.78
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.
-0.22
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.
0.94
Price movement
52 week high181.04
52 week low140.81
Current bid price-
Current offer price-
Current mid price157.27
Region
1UK26.05%
2Germany20.29%
3France16.76%
4Switzerland10.61%
5Netherlands6.2%
6Others5.46%
7Italy4.05%
8Spain3.91%
9Belgium3.36%
Industry sector
1Information Technology17.77%
2Consumer Discretionary16.92%
3Financials15.3%
4Consumer Staples13.72%
5Health Care9.32%
6Telecommunications Utilities7.7%
7Energy6.88%
8Industrials5.22%
9Basic Materials4.14%
Asset type
1UK Equities26.05%
2German Equities20.29%
3French Equities16.76%
4Swiss Equities10.61%
5Dutch Equities6.2%
6International Equities5.46%
7Italian Equities4.05%
8Spanish Equities3.91%
9Belgian Equities3.36%
Individual holdings
1ROCHE HLDG AG4.81%
2ROYAL DUTCH SHELL4.7%
3SAP SE4.41%
4NESTLE SA3.99%
5SHIRE PLC3.82%
6VODAFONE GROUP3.62%
7INFINEON TECHNOLOGIES AG3.49%
8CAP GEMINI3.47%
9UNILEVER NV3.08%
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 stocks of companies domiciled in Europe (including Turkey and Russia). Its investment objective is to attain capital growth over the long term.
Benchmark
  • MSCI Europe Net (TR) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Stefano Ghiro01/10/2013Stefano Ghiro is the European Equity Manager, with a strong focus on high conviction investment ideas. Managing also a dedicated Fund on Italian Equities. Has over 20 years experience in the financial services industry. Focus on high conviction equity portfolios based on fundamental analysis. Ability to lead, coordinate and motivate a team of high potential professionals. Ability in presentations concerning investment/wealth management. He has completed his (Business Administration and Economics) and is also a CFA Charterholder.
Stefan Raetzer01/10/2013Stefan Raetzer is the Portfolio Manager European Equity.He has 10years of experience.He joined the firm 2000.
Compliance
Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Belgium, Germany, France, United Kingdom, Greece, Hong Kong, Republic Of Korea, Luxembourg, Macau, Netherlands, Offshore, Portugal, Singapore, Slovakia
Allianz Europe Conviction Equity A EUR
Initial charge5%
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.85%
Bid price157.27
Offer price165.13
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEVX7
Allianz Europe Conviction Equity A NAV EUR
Initial charge5%
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price157.27
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFENS
Allianz Europe Conviction Equity AT EUR
Initial charge5%
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.85%
Bid price105.23
Offer price110.49
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP5O
Allianz Europe Conviction Equity AT NAV EUR
Initial charge5%
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price105.23
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP5P
Allianz Europe Conviction Equity WT (H-EUR) EUR
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)-
Bid price1053.26
Offer price1053.26
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8AS
Allianz Europe Conviction Equity WT (H-EUR) NAV EUR
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1053.26
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8AT
Allianz Europe Conviction Equity WT EUR
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price1082.73
Offer price1082.73
Mid price-
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM5W
Allianz Europe Conviction Equity WT NAV EUR
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price1082.73
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM5X
Data provided by

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