Fact sheet: Allianz ShDrGblREBd

Fund information
Fund name
Allianz Short Duration Global Real Estate Bond IT NAV USD
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund manager
  • Malie Conwaysince 04/11/2016
Fund objective
The fund primarily invests in international commercial mortgage-backed securities (CMBS) with short duration. Additionally, residential mortgage-backed securities (RMBS), REITs and bonds of homebuilders may be acquired. At least 90 % of the securities need to be rated BBB- or higher (Standard & Poor’s classification). Non-USD currency exposure exceeding 10 % of fund assets needs to be hedged. The investment objective is to generate a risk-adjusted return superior to that of traditional fixed income assets.
Benchmark
No data available.
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - USD Securitised
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.
0.59%
Fund size
£0m
Top in this sector
Fund name1 Year
GAM Star MBS Ttl Rtn5.8%
Principal GIF RealEstDt4.4%
Fidelity US Loan3.4%
BNP Paribas FlexIUSMrtg0.7%
Manulife USTreasInflnPtdSec0.6%
...more in FO Fixed Int - USD Securitised

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.8%----
Sector0.6%0.9%0.2%3.4%4.7%10%
Rank within sector4 / 65 / 6----
Quartile3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.8%----
Sector1.2%3.2%-1.8%5.3%-2.5%
Rank within sector5 / 6----
Quartile4th
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%.
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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.
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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.
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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 high1009.71
52 week low998.03
Current bid price-
Current offer price-
Current mid price1009.51
Region
No data available.
Industry sector
1Short dated bonds86.39%
2Very short dated bonds8.83%
3Long dated bonds4.78%
Asset type
No data available.
Individual holdings
1TREASURY BILL ZERO 25.05.20175.45%
2TREASURY BILL ZERO 09.11.20174.25%
3COMM 2014-PAT A MBS VAR 13.08.20272.3%
4GPPT 2014-GPP A MBS VAR 15.02.20272.16%
5DRMP 2 A CMO VAR 26.09.20482.02%
6JP MORGAN CHASE COML MTG SEC TST 5.528% MTG BDS 15/10/33 USD100002%
7BLCP 2014-CLRN B MBS VAR 15.08.20291.96%
8ACRE 2010-ARTA A2FL MBS VAR 14.01.20291.82%
9FREMF 2011-K704 B MBS FIX 4.536% 25.10.20301.7%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The fund primarily invests in international commercial mortgage-backed securities (CMBS) with short duration. Additionally, residential mortgage-backed securities (RMBS), REITs and bonds of homebuilders may be acquired. At least 90 % of the securities need to be rated BBB- or higher (Standard & Poor’s classification). Non-USD currency exposure exceeding 10 % of fund assets needs to be hedged. The investment objective is to generate a risk-adjusted return superior to that of traditional fixed income assets.
Benchmark
No data available.
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Malie Conway04/11/2016
Compliance
Transparent for German Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Allianz Short Duration Global Real Estate Bond AT (H2-EUR) EUR
Initial charge3%
Annual charge1.04%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price100.2
Offer price103.21
Mid price-
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC35A
Allianz Short Duration Global Real Estate Bond AT (H2-EUR) NAV EUR
Initial charge3%
Annual charge1.04%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.2
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC35B
Allianz Short Duration Global Real Estate Bond I (H2 - USD) EUR
Initial charge-
Annual charge0.58%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price1001.87
Offer price1001.87
Mid price-
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1WR
Allianz Short Duration Global Real Estate Bond I (H2 - USD) NAV EUR
Initial charge-
Annual charge0.58%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1001.87
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1WQ
Allianz Short Duration Global Real Estate Bond IT (H2-EUR) EUR
Initial charge-
Annual charge0.58%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price1003.75
Offer price1003.75
Mid price-
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC35C
Allianz Short Duration Global Real Estate Bond IT (H2-EUR) NAV EUR
Initial charge-
Annual charge0.58%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1003.75
CurrencyEUR
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC35D
Allianz Short Duration Global Real Estate Bond IT NAV USD
Initial charge-
Annual charge0.58%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1009.51
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1WS
Allianz Short Duration Global Real Estate Bond IT USD
Initial charge-
Annual charge0.58%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price1009.51
Offer price1009.51
Mid price-
CurrencyUSD
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC1WT
Allianz Short Duration Global Real Estate Bond P10 (H2-EUR) EUR
Initial charge-
Annual charge0.41%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price1003.06
Offer price1003.06
Mid price-
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNS0U
Allianz Short Duration Global Real Estate Bond P10 (H2-EUR) NAV EUR
Initial charge-
Annual charge0.41%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1003.06
CurrencyEUR
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNS4C
Data provided by

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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.