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

-2.87 %

1 Year rank in sector

115/130

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 516.5 m

FE Risk score

87

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Spain
    3.5%
  • Germany
    2.9%
  • Italy
    2.8%
  • France
    2.1%
  • Ireland
    1.6%
  • Information Technology
    4.7%
  • Telecommunications Utilities
    4.1%
  • Consumer Discretionary
    3.4%
  • Materials
    0.4%
  • Industrials
    -0.1%
  • Spanish Equities
    3.5%
  • German Equities
    2.9%
  • Italian Equities
    2.8%
  • French Equities
    2.1%
  • Irish Equities
    1.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.63 %-1.17 %-2.87 %-3.13 %7.22 %
Sector0.71 %3.73 %5.27 %8.27 %18.14 %
Rank within sector133 / 138124 / 142115 / 13067 / 7742 / 53
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-1.27 %-8.47 %10.87 %-0.06 %3.73 %
Sector5.38 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector116 / 13391 / 1059 / 8349 / 6851 / 61
Quartile th4 th4 th1 st3 rd4 th

Risk statistics

Alpha-1.6
Beta0.49
Sharpe-0
Volatility5.96
Tracking error5.97
Information ratio-0.47
R-Squared0.06

Price movement

52 week high116.99
52 week low111.48
Current bid price0
Current offer price0
Current mid price112.65

Holdings by region

  • 3.5% Spain
  • 2.9% Germany
  • 2.8% Italy
  • 2.1% France
  • 1.6% Ireland
  • 1% Norway
  • -0.5% Denmark
  • -0.6% Austria
  • -0.7% Finland
  • -1.2% Sweden

Holdings by sector

  • 4.7% Information Technology
  • 4.1% Telecommunications Utilities
  • 3.4% Consumer Discretionary
  • 0.4% Materials
  • -0.1% Industrials
  • -0.8% Financials
  • -1.2% Health Care
  • -1.6% Real Estate
  • -2.5% Consumer Staples
  • -3.5% Utilities

Holdings by asset type

  • 3.5% Spanish Equities
  • 2.9% German Equities
  • 2.8% Italian Equities
  • 2.1% French Equities
  • 1.6% Irish Equities
  • 1% Norwegian Equities
  • -0.5% Danish Equities
  • -0.6% Austrian Equities
  • -0.7% Finnish Equities
  • -1.2% Swedish Equities

Individual holdings

  • 2.91% PUMA SE
  • 2.58% SYMRISE AG
  • 2.53% NKT AS
  • 2.3% ELEKTA
  • 2.02% SOCIETE GENERALE
  • 1.93% MILLICOM INTERNATIONAL CELLULAR SA
  • 1.9% SLM SOLUTIONS GROUP AG
  • 1.83% ROYAL UNIBREW A/S
  • 1.81% SCHNEIDER ELECTRIC SE
  • 1.67% BHP BILLITON PLC