Allianz Global Multi Sector Credit Fund W GBP Acc

Register to Unlock Ratings
Performance History29/02/2024
Growth of 1,000 (GBP) Advanced Graph
Allianz Global Multi Sector Credit Fund W GBP Acc
Fund0.51.5-4.67.70.5
+/-Cat-4.81.54.30.60.6
+/-B’mrk-4.53.07.61.51.4
 
Key Stats
NAV
01/03/2024
 GBP 10.87
Day Change 0.09%
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector Global Mixed Bond
ISIN GB00BJJQ5060
Fund Size (Mil)
31/01/2024
 GBP 140.64
Share Class Size (Mil)
01/03/2024
 GBP 47.23
Max Initial Charge -
Ongoing Charge
08/02/2024
  0.42%
Investment Objective: Allianz Global Multi Sector Credit Fund W GBP Acc
The Fund aims to generate capital growth and income by outperforming (before any fees are taken) the SONIA (in GBP), by at least 3% per year (the Target Benchmark), over a rolling four year period. The ACD will adopt a policy of active management and will invest up to 100% of the Fund’s assets in global credit bond markets such as fixed and floating rate corporate debt securities, convertibles and securitised credit bonds listed or traded on recognised markets. At least 25% of the securities of the Fund shall be invested in investment grade or higher (AAA to BBB- rated by Standard & Poor’s or Fitch or at least Baa3 rated by Moody’s). Up to 75% of the Fund’s assets may be invested in high yield securities bearing a typically higher risk and higher potential gains. Within this limit a maximum of 10% of the Fund’s assets may be held in unrated debt securities.
Returns
Trailing Returns (GBP)01/03/2024
YTD0.57
3 Years Annualised1.61
5 Years Annualised*1.98
10 Years Annualised*-
12 Month Yield 3.13
Management
Manager Name
Start Date
David Newman
31/05/2019
Frits Lieuw-Kie-Song
01/10/2022
Click here to see others
Inception Date
31/05/2019
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
SONIABloomberg Global Aggregate TR Hdg GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Allianz Global Multi Sector Credit Fund W GBP Acc31/01/2024
Fixed Income
Effective Maturity3.61
Effective Duration2.10
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.001.09-1.09
Bond92.910.0092.91
Property0.000.000.00
Cash168.39163.145.25
Other2.930.002.93

Related

* This share class has performance data calculated prior to the inception date, 2019-05-31. This is based upon a simulated/extended track record, using the track record of Rogge Global Multi-Asst Crdt GBP (ISIN: IE00BKXP3359), and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures