Fact sheet: Allianz Discy As Strat

Fund information

Fund name
Allianz Discovery Asia Strategy AT NAV EUR
Fund company manager
Allianz Global Investors GmbH
Fund type
SIB
Fund manager(s)
Fook Cheong Woo
since 11/02/2014
Fund objective
The fund seeks to generate superior risk-adjusted returns in all market phases by participating in the performance of the Discovery Asia Strategy. This Strategy is essentially a market neutral long/short equity strategy focused on the markets in the Asian-Pacific region. The Strategy is implemented by investing in certain stocks (“long positions”) that are perceived as undervalued while selling uncovered positions in other stocks (“short positions”) that appear to be overpriced. By taking long and short positions, the Strategy seeks to reduce (or even hedge out) common equity market risk. The fund participates in the performance of the Strategy by means of a derivatives structure (Total Return Swap). In this context, fund assets are invested in a portfolio of money market and fixed income instruments.
Benchmark
Federal Funds Effective Rate USD
Investment style
Market Neutral
Investment method
Equity

Quick stats

1 Year return

-0.68 %

1 Year rank in sector

115/129

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 10.2 m

FE Risk score

109

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    10.9%
  • Cayman Islands
    3.5%
  • Korea
    1.7%
  • Philippines
    1.7%
  • Indonesia
    1%
  • Information Technology
    12.1%
  • Consumer Staples
    6.3%
  • Consumer Discretionary
    4.7%
  • Industrials
    4.4%
  • Energy
    -1.1%
  • Chinese Equities
    12.8%
  • American Emerging Equities
    3.3%
  • Philippine Equities
    2.9%
  • Taiwanese Equities
    2.5%
  • Indonesian Equities
    1.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.69 %4.67 %-0.68 %0 %0 %
Sector0.58 %3.38 %6.42 %7.37 %18.67 %
Rank within sector9 / 14548 / 141115 / 129 / /
Quartile th1 st2 nd4 th th th

Calendar performance

YTD-20172016201520142013
Fund1.04 %0 %0 %0 %0 %
Sector6.03 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector109 / 131 / / / /
Quartile th4 th th th th th

Price movement

52 week high105.27
52 week low91.55
Current bid price0
Current offer price0
Current mid price103.45

Holdings by region

  • 10.9% China
  • 3.5% Cayman Islands
  • 1.7% Korea
  • 1.7% Philippines
  • 1% Indonesia
  • 1% Taiwan
  • -0.8% Australia
  • -4.1% Thailand
  • -4.4% Singapore
  • -5.9% Malaysia

Holdings by sector

  • 12.1% Information Technology
  • 6.3% Consumer Staples
  • 4.7% Consumer Discretionary
  • 4.4% Industrials
  • -1.1% Energy
  • -1.2% Utilities
  • -2.5% Financials
  • -3.4% Materials
  • -3.6% Real Estate
  • -3.7% Health Care

Holdings by asset type

  • 12.8% Chinese Equities
  • 3.3% American Emerging Equities
  • 2.9% Philippine Equities
  • 2.5% Taiwanese Equities
  • 1.9% Indonesian Equities
  • 1.4% South Korean Equities
  • -3.8% Australian Equities
  • -4.6% Thai Equities
  • -4.8% Singapore Equities
  • -5.8% Malaysian Equities

Individual holdings

  • 5.62% JASA MARGA(INDONESIA HIGHWAY CORP)
  • 5.26% CHINA INTL TRAVEL SERVICE CORP LTD
  • 4.51% GLOBALWAFERS CO LTD
  • 4.25% TENCENT HLDGS LTD
  • 4.23% VENTURE CORP
  • 4.14% CHINA MENGNIU DAIRY CO
  • 3.82% NEW ORIENTAL EDUCATION & TECHNOLOGY
  • 3.71% ANGEL YEAST CO LTD
  • 3.7% LARGAN PRECISION CO LTD
  • 3.51% DALI FOODS GROUP CO LITD