Fact sheet: Allianz Flex Bd Str

Fund information
Fund name
Allianz Flexible Bond Strategy C NAV EUR
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund managers
  • Monica Zanisince 28/07/2011
  • Mauro Vittorangelisince 28/07/2011
Fund objective
The Sub-Fund seeks to generate superior risk adjusted returns through a complete market cycle. The investment policy is geared towards generating appropriate annualised returns while taking into account the opportunities and risks on the European Bond markets (absolute return approach).
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-1.6%
1 Year rank in sector
86/132
Sector
FO Absolute Return
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.
1.19%
Fund size
£1,114m (£1,910m 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.
65
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd16.5%
Polar Capital UK Abs Eq9.8%
Orbis Optimal SA9.8%
Orbis Optimal USD9.6%
Orbis Optimal EUR8.7%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • Germany21.9%
    International15.9%
    Italy15.8%
    France13%
    Europe7.7%
  • Government Bonds30.2%
    Investment Grade Bonds29.1%
    Corporate Bonds20.4%
    Local Government Bonds9%
    Mortgage & Secured Bonds7.5%
  • German Fixed Interest21.9%
    Italian Fixed Interest15.8%
    French Fixed Interest13%
    Global Developed Market Fixed Interest12.5%
    European Fixed Interest8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-0.9%-0.3%-1.6%-0%5.1%
Sector-0.5%-0.5%0.3%-0.6%2.2%9.5%
Rank within sector96 / 14189 / 14193 / 13886 / 13254 / 8349 / 64
Quartile3rd3rd3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-1.1%-2.3%3.5%0%4.3%
Sector-0%0.7%1.2%3.6%3.9%
Rank within sector88 / 13291 / 11524 / 8853 / 7135 / 63
Quartile3rd4th2nd3rd3rd
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.
-0.62
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.
0.74
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
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%.
1.98
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.
1.51
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.
-0.54
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.
0.48
Price movement
52 week high100.95
52 week low96.92
Current bid price-
Current offer price-
Current mid price98.11
Region
1Germany21.9%
2International15.9%
3Italy15.8%
4France13%
5Europe7.7%
6Others6%
7UK5.5%
8Global Emerging Markets5.4%
9Spain5%
Industry sector
1Government Bonds30.2%
2Investment Grade Bonds29.1%
3Corporate Bonds20.4%
4Local Government Bonds9%
5Mortgage & Secured Bonds7.5%
6High Yield Bond3.8%
Asset type
1German Fixed Interest21.9%
2Italian Fixed Interest15.8%
3French Fixed Interest13%
4Global Developed Market Fixed Interest12.5%
5European Fixed Interest8.7%
6Others5.9%
7UK Fixed Interest5.5%
8Global Emerging Market Fixed Interest5.4%
9Spanish Fixed Interest5%
Individual holdings
1GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/25 EUR0.014.9%
2GERMANY(FEDERAL REPUBLIC OF) 3.25% BDS 04/07/21 EUR0.014.47%
3UST NOTES 2.0% 02/15/20253.02%
4GERMANY 1.75% 15/04/20202.74%
5ALLIANZ EMERGING MARKETS BOND I NAV EUR2.18%
6GOV OF GERMANY 1.00% 15/08/20241.96%
7TSY INFL IX N/B I/L FIX 0.250% 15/01/20251.9%
8ITALY (REPUBLIC OF) 1.65% 23/04/20201.89%
9FRANCE(GOVT OF) 0.5% BDS 25/05/25 EUR11.84%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The Sub-Fund seeks to generate superior risk adjusted returns through a complete market cycle. The investment policy is geared towards generating appropriate annualised returns while taking into account the opportunities and risks on the European Bond markets (absolute return approach).
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Monica Zani28/07/2011Deputy Fund Manager for Allianz Flexible Bond Strategy and Allianz Obbligazionario Flessibile, Fund manager for Allianz Liquidità, Allianz Euro Liquidity and Institutional Clients mandates. After graduating with honors in Political Economics from Milan Bocconi University, she joined Allianz in 1994. She has 19 years’ professional experience and she is specialized in yield curves strategy for euro government bonds, ABS and covered bonds. Until 2000, she managed euro fixed income investments for the insurance portfolios Allianz. Since 2000, she became investment team leader for short-term euro fixed income portfolios and for the fixed income component of balanced institutional mandates. Since 2011, she specialized in managing portfolios and institutional mandates with no benchmark, with a focus on asymmetric risk profile strategies and interest rates derivatives.
Mauro Vittorangeli28/07/2011Mauro has more than 24 years’ experience in international bond markets. Mauro is Senior Portfolio Manager of Allianz Flexible Bond Strategy, Allianz Obbligazionario Flessibile & Allianz Reddito Globale. Portfolio Manager since 1993 - in Allianz Global Investors - he has always been in charge of international & domestic bond products. Prior to joining Allianz Global Investors, Mauro worked at the Financial Services Unit of IBM SEMEA S.p.A managing interest-rate risk and coordinating the group’s financial and borrowing strategies. Before that, he worked in the forex management and foreign treasury at the Treasury Management Department of IBM Italia S.p.A. He holds a bachelor in Business Administration (with honors) from Bocconi University, Milan. He has been a CFA Charterholder since 2000.
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, Czech Republic, Germany, Spain, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Offshore, Poland, Portugal, Slovakia
Allianz Flexible Bond Strategy A (H2-CZK) CZK
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.01%
Bid price2945.36
Offer price3018.99
Mid price-
CurrencyCZK
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWTO
Allianz Flexible Bond Strategy A (H2-CZK) NAV CZK
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price2945.36
CurrencyCZK
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWTP
Allianz Flexible Bond Strategy A EUR
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price100.87
Offer price103.39
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code08IV
Allianz Flexible Bond Strategy A NAV EUR
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price100.87
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code08IU
Allianz Flexible Bond Strategy AT (H-CHF) CHF
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.03%
Bid price95.62
Offer price98.01
Mid price-
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO7O
Allianz Flexible Bond Strategy AT (H-CHF) NAV CHF
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price95.62
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO7P
Allianz Flexible Bond Strategy AT (H2-CZK) CZK
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price2980.7
Offer price3055.22
Mid price-
CurrencyCZK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0BB
Allianz Flexible Bond Strategy AT (H2-CZK) NAV CZK
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2980.7
CurrencyCZK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0BA
Allianz Flexible Bond Strategy AT EUR
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1%
Bid price97.76
Offer price100.2
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO7M
Allianz Flexible Bond Strategy AT NAV EUR
Initial charge2.5%
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price97.76
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO7N
Allianz Flexible Bond Strategy C EUR
Initial charge3%
Annual charge1.14%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.39%
Bid price98.11
Offer price101.05
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code08IX
Allianz Flexible Bond Strategy C NAV EUR
Initial charge3%
Annual charge1.14%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price98.11
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code08IW
Allianz Flexible Bond Strategy CT EUR
Initial charge3%
Annual charge1.14%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.4%
Bid price105.41
Offer price108.57
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFF2M
Allianz Flexible Bond Strategy CT NAV EUR
Initial charge3%
Annual charge1.14%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price105.41
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0L8C
Allianz Flexible Bond Strategy FT Acc EUR
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price996.43
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNFYK
Allianz Flexible Bond Strategy I EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price973.2
Offer price973.2
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMRL
Allianz Flexible Bond Strategy I NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price973.2
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFMRM
Allianz Flexible Bond Strategy IT EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price1092.32
Offer price1092.32
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF2N
Allianz Flexible Bond Strategy IT NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price1092.32
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code06PF
Allianz Flexible Bond Strategy P EUR
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price982.76
Offer price982.76
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFH2S
Allianz Flexible Bond Strategy P NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price982.76
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFH2T
Allianz Flexible Bond Strategy PT (H2-CHF) CHF
Initial charge-
Annual charge0.75%
Min single investment£200,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.23%
Bid price976.86
Offer price976.86
Mid price-
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWMZ
Allianz Flexible Bond Strategy PT (H2-CHF) NAV CHF
Initial charge-
Annual charge0.75%
Min single investment£200,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price976.86
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWMY
Allianz Flexible Bond Strategy PT EUR
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.25%
Bid price982.37
Offer price982.37
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWLA
Allianz Flexible Bond Strategy PT NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price982.37
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWLB
Allianz Flexible Bond Strategy PT NAV USD
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price938
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWNZ
Allianz Flexible Bond Strategy PT USD
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.19%
Bid price938
Offer price938
Mid price-
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWOA
Allianz Flexible Bond Strategy R EUR
Initial charge-
Annual charge0.79%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.83%
Bid price95.67
Offer price95.67
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFSYO
Allianz Flexible Bond Strategy R NAV EUR
Initial charge-
Annual charge0.79%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price95.67
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFSYP
Allianz Flexible Bond Strategy W EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)0.34%
Bid price952.47
Offer price952.47
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSNR
Allianz Flexible Bond Strategy W NAV EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price952.47
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSNS
Allianz Flexible Bond Strategy WT EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.35%
Bid price1051.26
Offer price1051.26
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2PS
Allianz Flexible Bond Strategy WT NAV EUR
Initial charge-
Annual charge0.35%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price1051.26
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFEOC
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.