Fact sheet: Allianz DiscyEuStrat

Fund information

Fund name
Allianz Discovery Europe Strategy A NAV EUR
Fund company manager
Allianz Global Investors GmbH
Fund type
SIB
Fund manager(s)
Harald Sporleder
since 20/10/2009
Fund objective
The fund aims to profit from stock price movements irrespective of the direction of the movement. Using a derivative-based strategy, the fund invests, on the one hand, in selected European equities (long positions). On the other hand, it sells in accordance with its strategy stocks that it does not actually hold and whose prices strategy management expects to fall (short positions). With simultaneous investments in long and short positions, the strategy seeks to reduce market risks. Long and short positions will not always be of equal magnitude so that deviations from the fund’s core goal of market neutrality may occur.
Benchmark
EONIA
Investment style
Market Neutral
Investment method
Equity

Quick stats

1 Year return

0.36 %

1 Year rank in sector

111/128

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 484.8 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Spain
    4.7%
  • France
    3.9%
  • Sweden
    2.3%
  • Ireland
    1.8%
  • Norway
    0.9%
  • Information Technology
    7.1%
  • Financials
    5.9%
  • Telecommunications Utilities
    3.2%
  • Energy
    2.1%
  • Industrials
    0.8%
  • Spanish Equities
    4.7%
  • French Equities
    3.9%
  • Swedish Equities
    2.3%
  • Irish Equities
    1.8%
  • Norwegian Equities
    0.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.28 %-1.84 %0.36 %0.33 %4.65 %
Sector0 %2.81 %5.74 %6.83 %17.4 %
Rank within sector50 / 140129 / 140111 / 12859 / 7545 / 51
Quartile th2 nd4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-0.87 %-8.47 %10.87 %-0.06 %3.73 %
Sector5.79 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector116 / 13091 / 1028 / 7440 / 5744 / 50
Quartile th4 th4 th1 st3 rd4 th

Risk statistics

Alpha-1.07
Beta0.63
Sharpe-0
Volatility5.84
Tracking error5.64
Information ratio-0.35
R-Squared0.1

Price movement

52 week high116.99
52 week low112.27
Current bid price0
Current offer price0
Current mid price113.11

Holdings by region

  • 4.7% Spain
  • 3.9% France
  • 2.3% Sweden
  • 1.8% Ireland
  • 0.9% Norway
  • 0.6% Denmark
  • 0.4% UK
  • -0.2% Belgium
  • -0.4% Italy
  • -0.7% Austria

Holdings by sector

  • 7.1% Information Technology
  • 5.9% Financials
  • 3.2% Telecommunications Utilities
  • 2.1% Energy
  • 0.8% Industrials
  • -1.3% Utilities
  • -1.6% Real Estate
  • -2.3% Materials
  • -2.8% Health Care
  • -3% Consumer Discretionary

Holdings by asset type

  • 4.7% Spanish Equities
  • 3.9% French Equities
  • 2.3% Swedish Equities
  • 1.8% Irish Equities
  • 0.9% Norwegian Equities
  • 0.6% Danish Equities
  • 0.4% UK Equities
  • -0.2% Belgian Equities
  • -0.4% Italian Equities
  • -0.7% Austrian Equities

Individual holdings

  • 2.78% PUMA SE
  • 2.68% AMS AG
  • 2.32% ELEKTA
  • 2.11% SHIRE PLC
  • 2.07% SYMRISE AG
  • 2.06% BANCO SANTANDER SA
  • 1.97% SLM SOLUTIONS GROUP AG
  • 1.87% INNOGY SE
  • 1.83% SACYR SA
  • 1.73% SCOR SE