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

-2.11 %

1 Year rank in sector

119/131

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 475.6 m

FE Risk score

87

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Italy
    3.2%
  • Denmark
    2.5%
  • Ireland
    1.7%
  • Sweden
    1.7%
  • Norway
    1%
  • Consumer Staples
    5.2%
  • Materials
    3.8%
  • Industrials
    2.4%
  • Real Estate
    0.9%
  • Utilities
    0.4%
  • Italian Equities
    3.2%
  • Danish Equities
    2.5%
  • Irish Equities
    1.7%
  • Swedish Equities
    1.7%
  • Norwegian Equities
    1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.49 %-2.68 %-2.11 %1.24 %3.21 %
Sector1.51 %3.67 %6.53 %7.79 %17.34 %
Rank within sector90 / 139135 / 142119 / 13157 / 7344 / 49
Quartile th3 rd4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund0.27 %-0.79 %-8.47 %10.87 %-0.06 %
Sector1.09 %6.17 %-1.99 %2.66 %2.51 %
Rank within sector91 / 132113 / 13089 / 1008 / 7240 / 56
Quartile th3 rd4 th4 th1 st3 rd

Risk statistics

Alpha-1.01
Beta0.63
Sharpe-0
Volatility5.83
Tracking error5.63
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 price113.5

Holdings by region

  • 3.2% Italy
  • 2.5% Denmark
  • 1.7% Ireland
  • 1.7% Sweden
  • 1% Norway
  • 0.8% France
  • 0.5% Spain
  • 0.3% Germany
  • 0.1% Belgium
  • -0.1% South Africa

Holdings by sector

  • 5.2% Consumer Staples
  • 3.8% Materials
  • 2.4% Industrials
  • 0.9% Real Estate
  • 0.4% Utilities
  • -0.5% Health Care
  • -2.4% Consumer Discretionary
  • -2.5% Energy
  • -3.5% Telecommunications Utilities
  • -4.9% Information Technology

Holdings by asset type

  • 3.2% Italian Equities
  • 2.5% Danish Equities
  • 1.7% Irish Equities
  • 1.7% Swedish Equities
  • 1% Norwegian Equities
  • 0.8% French Equities
  • 0.5% Spanish Equities
  • 0.3% German Equities
  • 0.1% Belgian Equities
  • -0.1% South African Equities

Individual holdings

  • 2.47% SHIRE PLC
  • 2.42% AMS AG
  • 2.4% PUMA SE
  • 2.26% GENMAB AS
  • 2.18% OSRAM LICHT AG
  • 2.03% VOLKSWAGEN AG
  • 1.92% SLM SOLUTIONS GROUP AG
  • 1.8% ELEKTA
  • 1.78% ASOS
  • 1.78% PANALPINA WELTTRANSPORT(HOLDING)AG