Fact sheet: Allianz Trsy Short Tm Plus €

Fund information
Fund name
Allianz Treasury Short Term Plus Euro A NAV EUR
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund managers
  • Lars Dahlhoffsince 21/11/2013
Fund objective
The investment policy is geared towards generating an above-average return in Euro (EUR) terms. With regard to the composition of the Sub-Fund, the Investment Manager seeks, at the reporting date selected for each calendar quarter, an average maximum weighting of 30 % as a basis in line with calculating solvency in accordance with the regulations of German banking supervision law. However, no guarantee can be made that this limit is adhered to.
Benchmark
  • EURIBOR 3 Month
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.5%
1 Year rank in sector
11/31
Sector
FO Fixed Int - EUR Short/ Medium Maturity
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.
0.45%
Fund size
£483m (£548m 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.
70
Top in this sector
Fund name1 Year
Boost Bund 10Y 3x Leverage Dly ETP8.8%
DPAM L Bds EUR HiYldShtTm3.3%
Pictet EUR Sht Trm Hgh Yld2.1%
ECM Short Dur Credit2%
Dimensional € I L ItrDrFxI1.8%
...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • Germany17.7%
    International16.2%
    Italy13.2%
    Europe12.5%
    Global Emerging Markets8.9%
  • Corporate Bonds71.2%
    Other Bonds18.7%
    Government Bonds5.7%
    Mortgage & Secured Bonds4.4%
  • Global Fixed Interest21.3%
    German Fixed Interest17.7%
    European Fixed Interest15.1%
    Italian Fixed Interest13.2%
    Global Emerging Market Fixed Interest8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.2%0.4%0.5%0.5%2.3%
Sector0.1%-0.1%-0.4%0.3%3.3%9%
Rank within sector15 / 314 / 314 / 3111 / 3120 / 2819 / 23
Quartile2nd1st1st2nd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.2%0.3%-0.8%1.2%-0.2%
Sector-0.2%1.2%0.2%3.4%1%
Rank within sector3 / 3121 / 3129 / 3019 / 2719 / 23
Quartile1st3rd4th3rd4th
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.
-0.48
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.
0.6
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%.
0.79
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.
0.64
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.
-1.43
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.
0.62
Price movement
52 week high94.88
52 week low94.23
Current bid price-
Current offer price-
Current mid price94.47
Region
1Germany17.7%
2International16.2%
3Italy13.2%
4Europe12.5%
5Global Emerging Markets8.9%
6Spain8.4%
7France7.7%
8Others5.1%
9Portugal4.2%
Industry sector
1Corporate Bonds71.2%
2Other Bonds18.7%
3Government Bonds5.7%
4Mortgage & Secured Bonds4.4%
Asset type
1Global Fixed Interest21.3%
2German Fixed Interest17.7%
3European Fixed Interest15.1%
4Italian Fixed Interest13.2%
5Global Emerging Market Fixed Interest8.9%
6Spanish Fixed Interest8.4%
7French Fixed Interest7.7%
8Portuguese Fixed Interest4.2%
9UK Fixed Interest3.3%
Individual holdings
1ITALY(REPUBLIC OF) 2.5% NTS 01/05/19 EUR10005.59%
2SPAIN(KINGDOM OF) 0.75% BDS 30/07/21 EUR10003.47%
3 KA FINANZ AG 12/17 ZCP3.17%
4BUONI POLIENNALI DEL TES FIX 0.100% 15.04.20192.64%
5ITALY(REPUBLIC OF) 1.5% BDS 01/08/19 EUR10002.39%
6WELLS FARGO & COMPANY EMTN VAR 31.01.20221.69%
7DEUTSCHE BANK AG EMTN FIX 1.000% 18.03.20191.28%
8GS GROUP INC VAR 29/10/20191.28%
9MORGAN STANLEY GMTN VAR 03.12.20191.27%
Management
Fund manager group
No data available.
Fund manager company
Allianz Global Investors GmbH
Fund type
Offshore Fund
Fund objective
The investment policy is geared towards generating an above-average return in Euro (EUR) terms. With regard to the composition of the Sub-Fund, the Investment Manager seeks, at the reporting date selected for each calendar quarter, an average maximum weighting of 30 % as a basis in line with calculating solvency in accordance with the regulations of German banking supervision law. However, no guarantee can be made that this limit is adhered to.
Benchmark
  • EURIBOR 3 Month
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Lars Dahlhoff21/11/2013Lars Dahlhoff is a portfolio manager in Allianz Global Investors’ Advanced Fixed Income team in Frankfurt. He is responsible for several institutional mandates in EUR and USD with a focus on short maturities and is lead portfolio manager for the Allianz Enhanced Short Term Euro fund. Within the Advanced Fixed Income team Lars specializes on central bank policy and is part of the central bank policy research group within Allianz Global Investors’ European Market Watch. Lars started his career at Norges Bank Investment Management, part of the Norwegian central bank, before joining Allianz Global Investors in 2007 as a participant in the global graduate program. Lars studied business administration at the Norwegian School of Economics and Business Administration and at the University of Cologne from which he graduated with a Master’s equivalent degree in business administration (Diplom-Kaufmann). Prior to his academic education he completed a general banking apprenticeship at Dresdner Bank. He is also a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Ireland, Iceland, Italy, Luxembourg, Netherlands, Offshore, Sweden
Allianz Treasury Short Term Plus Euro A EUR
Initial charge1%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)1.2%
Bid price94.47
Offer price95.41
Mid price-
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFF0L
Allianz Treasury Short Term Plus Euro A NAV EUR
Initial charge1%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price94.47
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA0GF
Allianz Treasury Short Term Plus Euro I EUR
Initial charge-
Annual charge0.38%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.42%
Bid price930.17
Offer price930.17
Mid price-
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeDL66
Allianz Treasury Short Term Plus Euro I NAV EUR
Initial charge-
Annual charge0.38%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.42%
Bid price-
Offer price-
Mid price930.17
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFEQI
Allianz Treasury Short Term Plus Euro P2 EUR
Initial charge-
Annual charge0.26%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.34%
Bid price98.3
Offer price98.3
Mid price-
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFP3O
Allianz Treasury Short Term Plus Euro P2 NAV EUR
Initial charge-
Annual charge0.26%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.34%
Bid price-
Offer price-
Mid price98.3
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFP3N
Allianz Treasury Short Term Plus Euro W EUR
Initial charge-
Annual charge0.26%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.3%
Bid price995.17
Offer price995.17
Mid price-
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFWUP
Allianz Treasury Short Term Plus Euro W NAV EUR
Initial charge-
Annual charge0.26%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price995.17
CurrencyEUR
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFWUO
Data provided by

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