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
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

2.6 %

1 Year rank in sector

80/127

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 782.6 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    10.9%
  • Netherlands
    3.5%
  • Ireland
    3%
  • France
    2.7%
  • Norway
    2.1%
  • Information Technology
    9.6%
  • Telecommunications Utilities
    5.8%
  • Financials
    2.8%
  • Energy
    2.4%
  • Real Estate
    2%
  • German Equities
    10.9%
  • Dutch Equities
    3.5%
  • Irish Equities
    3%
  • French Equities
    2.7%
  • Norwegian Equities
    2.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.45 %0.84 %2.6 %1.83 %10.37 %
Sector0.66 %2.93 %4.31 %5.41 %17.93 %
Rank within sector42 / 14196 / 14080 / 12761 / 8539 / 58
Quartile th2 nd3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund2.05 %-8.47 %10.87 %-0.06 %3.73 %
Sector3.6 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector87 / 138101 / 11612 / 9453 / 7654 / 68
Quartile th3 rd4 th1 st3 rd4 th

Risk statistics

Alpha-0.78
Beta0.48
Sharpe-0
Volatility5.8
Tracking error5.82
Information ratio-0.29
R-Squared0.07

Price movement

52 week high117.04
52 week low111.48
Current bid price0
Current offer price0
Current mid price116.44

Holdings by region

  • 10.9% Germany
  • 3.5% Netherlands
  • 3% Ireland
  • 2.7% France
  • 2.1% Norway
  • 1.6% Finland
  • 0.7% Denmark
  • 0.4% Austria
  • -0.8% Portugal
  • -1.4% Sweden

Holdings by sector

  • 9.6% Information Technology
  • 5.8% Telecommunications Utilities
  • 2.8% Financials
  • 2.4% Energy
  • 2% Real Estate
  • 0.4% Consumer Discretionary
  • 0.2% Health Care
  • -1.5% Materials
  • -1.5% Utilities
  • -4.3% Industrials

Holdings by asset type

  • 10.9% German Equities
  • 3.5% Dutch Equities
  • 3% Irish Equities
  • 2.7% French Equities
  • 2.1% Norwegian Equities
  • 1.6% Finnish Equities
  • 0.7% Danish Equities
  • 0.4% Austrian Equities
  • -0.8% Portuguese Equities
  • -1.4% Swedish Equities

Individual holdings

  • 2.85% PUMA SE
  • 2.46% NKT AS
  • 2.42% SHIRE PLC
  • 2.28% BNP PARIBAS
  • 2.27% SLM SOLUTIONS GROUP AG
  • 2.14% SOCIETE GENERALE
  • 2.05% SYMRISE AG
  • 2.03% ZALANDO SE
  • 2.02% AMS AG
  • 1.99% SCHNEIDER ELECTRIC SE