United Arab Emirates, Austria, Botswana, Switzerland, Germany, France, United Kingdom, Greece, Hong Kong, Ireland, Iceland, Luxembourg, Netherlands, Singapore, Sweden, Taiwan
Fund manager biographies
Name
Giles Money
Since
01 September 2023
Bio
Name
Alex Bibani
Since
01 April 2023
Bio
Alex is a Senior Fund Manager with Allianz Global Investors, which he joined in 2022. He is part of the Thematic Equity team with a focus on SDG-aligned investing and sustainability. As portfolio manager he is managing the team’s multi-SDG strategy, Allianz Positive Change. Prior to joining Allianz Global Investors, Alex was a fund manager with Sarasin & Partners in London where he managed a selection of thematically and sustainability-focused global equity funds. He also worked as an equity analyst at IFM Investors in Sydney for three years, and Ratio Asset Management in London for five years. He holds a BA (Hons) in International Business Administration from Bournemouth University, and the ACCA Advanced Diploma in Accounting and Business.
Fund objective
Long-term capital growth by investing in global Equity Markets of developed countries in accordance with the Sustainable and Responsible Investment Strategy (SRI Strategy). The Investment Manager may engage in foreign currency overlay and thus assume separate foreign currency risks with regard to currencies of OECD member states, even if the Sub-Fund does not include any assets denominated in these respective currencies. We manage this Sub-Fund in reference to a Benchmark. Sub- Fund's Benchmark plays a role for the Sub-Fund’s performance objectives and measures. We follow an active management approach with the aim to outperform the Benchmark. Although our deviation from the investment universe, weightings and risk characteristics of the Benchmark is likely to be material in our own discretion, the minority of the Sub-Fund's investments (excluding derivatives) may consist of components of the Benchmark. The Sub-Fund follows the SRI Strategy and promotes investments that take into consideration environmental, social and corporate governance criteria with simultaneous application of certain minimum exclusion criteria for direct investments. Min. 70% of Sub-Fund assets are invested by us in Equities as described in the investment objective. Max. 30% of Sub-Fund assets may be invested in Equities other than described in the investment objective in accordance with the SRI Strategy. Max. 30 % of Sub-Fund assets may be invested in Emerging Markets. Sub-Fund assets may not be invested by us in Equities that generate a share of more than 5% of its revenues in the sectors (i) alcohol, (ii) armament, (iii) gambling, and (iv) pornography. Max. 25% of Sub Fund assets may be held by us directly in time deposits and/or (up to 20% of Sub-Fund assets) in deposits at sight and/or invested in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds for liquidity management. Max. 10% of Sub-Fund assets may be invested by us in UCITS/UCI. All bonds and money market instruments must have at the time of acquisition a rating of at least B- or a comparable rating from a recognised rating agency. Max. 10% of Sub-Fund assets may be invested into the China A-Shares marekt. SRI Strategy fully applies as far as the acquisition of securities is concerned. Sub-Fund classifies as “equity-fund” according to German Investment Tax Act (GITA). Min. 90% of Sub-Fund's portfolio shall be evaluated by an SRI Rating. Portfolio in this respect does not comprise derivatives and instruments that are non-evaluated by nature (e.g., cash and Deposits). Min. 20% of Sub-Fund’s investment universe is considered to be non-investable (i.e., will be excluded) based on an SRI Rating. Min. 20% of Sub-Fund assets will be invested in Sustainable Investments. The minimum percentage of investments that are aligned with the EU Taxonomy is 0.01%. Benchmark: DOW JONES Sustainability World Total Return Net (in USD). You may redeem shares of the Fund usually on each business day. We usually distribute the income of the Fund on a monthly basis. Recommended Holding Period: 5 Years SFDR Category – Article 8 (a financial product which promotes, amongst other characteristics, environmental or social characteristics, provided that the companies in which the investments are made follow good governance practices)