Fact sheet: Allianz Str Bd

Fund information
Fund name
Allianz Strategic Bond C
Fund manager company
Allianz Global Invtrs GmbH(UK)
Fund type
OEIC
Fund managers
  • Mike Riddellsince 30/11/2015
Fund objective
The Fund aims to maximise total return, primarily through investment in fixed income securities issued by UK and European corporates, governments and supranational institutions, and has flexibility to invest in high grade bonds. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Benchmark
  • Bloomberg Barclays Global Aggregate hedged to Sterling
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
3%
1 Year rank in sector
67/77
Sector
UT Sterling Strategic Bond
Yield
1.6%
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.
0.72%
Fund size
£126m (£73m 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.
33
Mid price
150.21
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc12.8%
Fidelity I Stg Cr + Bd11.2%
Fidelity UK Inv Grd Lg Cr10.4%
Legg Mason IFBrwiGlInOp10.1%
AXA Framlington Mgd Inc9.4%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK95%
    Money Market5%
  • Government Bonds68.2%
    Corporate Bonds17.7%
    Government Guaranteed13.4%
    Money Market5%
    Mortgage & Secured Bonds1.5%
  • UK Fixed Interest95%
    Money Market5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-4.2%0.1%3%14.4%36.1%
Sector-0.8%-2.8%2.5%5.2%13.2%31.8%
Rank within sector82 / 8358 / 8277 / 8267 / 7730 / 7126 / 60
Quartile4th3rd4th4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.2%-0.1%10%1.3%15.9%
Sector6.2%-0.3%6.8%2.6%12.6%
Rank within sector64 / 7742 / 7418 / 7244 / 6425 / 61
Quartile4th3rd1st3rd2nd
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.
-0.02
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.
1.17
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.
0.22
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%.
4.63
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.
2.48
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.
0.24
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.
0.73
Price movement
52 week high158.36
52 week low145.2
Current bid price-
Current offer price-
Current mid price150.21
Region
1UK95%
2Money Market5%
Industry sector
1Government Bonds68.2%
2Corporate Bonds17.7%
3Government Guaranteed13.4%
4Money Market5%
5Mortgage & Secured Bonds1.5%
6Derivatives-5.8%
Asset type
1UK Fixed Interest95%
2Money Market5%
Individual holdings
1US TREASURY N/B FIX 1.750% 15.05.20237.04%
2ITALY(REPUBLIC OF) 1.6% BDS 01/06/26 EUR10005.91%
3US TREASURY N/B FIX 4.750% 15.02.20375.23%
4MEXICO(UNITED MEXICAN STATES) 8.5% BDS 13/12/18 MXN1004.57%
5US TREASURY N/B FIX 2.500% 15.02.20454.34%
6DENMARK(KINGDOM OF) 1.75% BDS 15/11/25 DKK0.014.25%
7UNITED STATES OF AMER TREAS NOTES 1.75% BDS 31/12/20 USD1003.87%
8SINGAPORE(GOVT OF) 3% BDS 01/09/24 SGD10003.45%
9JAPAN(GOVERNMENT OF) 0.4% BDS 20/03/56 JPY100000003.35%
Management
Fund manager group
Allianz Global Investors
Fund manager company
Allianz Global Invtrs GmbH(UK)
Fund type
OEIC
Fund objective
The Fund aims to maximise total return, primarily through investment in fixed income securities issued by UK and European corporates, governments and supranational institutions, and has flexibility to invest in high grade bonds. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Benchmark
  • Bloomberg Barclays Global Aggregate hedged to Sterling
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mike Riddell30/11/2015Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has nearly 15 years’ experience in fixed income having worked with M&G in London for 12 years, running bond portfolios, and prior to that at Premier Asset Management. As well as depth of experience, Mike’s experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Allianz Strategic Bond A
Initial charge4%
Annual charge1.25%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price149.44
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTI29
Allianz Strategic Bond C
Initial charge-
Annual charge0.6%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price150.21
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTI16
Allianz Strategic Bond I Inc
Initial charge-
Annual charge0.39%
Min single investment£10,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.62
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNC8W
Data provided by

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