Management
| ISIN | LU2023250769 |
|---|---|
| Share Class | Income |
| Ongoing Charge | 1.95% |
| Annual Management Charge | 1.9% |
| Manager Company | Allianz Global Investors |
|---|---|
| Fund Type | SICAV |
| Benchmark | Other Equity |
| Domicile | LUX |
| For Sale in | United Arab Emirates, Austria, Bulgaria, Botswana, Switzerland, Cyprus, Czechia, Germany, Finland, France, United Kingdom, Greece, Hong Kong, Croatia, Luxembourg, Netherlands, Singapore, Slovakia, Sweden |
| Name | Andreas Fruschki |
|---|---|
| Since | 08 December 2016 |
| Bio | Mr. Fruschki, CFA, is the lead portfolio manager and Director of Equity Research – Europe with Allianz Global Investors, which he joined in 2005. Mr. Fruschki previously held various legal positions in Berlin and also worked as a consultant in the corporate-finance practice at PricewaterhouseCoopers in Hamburg, Germany. He has an M.B.A., focused on investment management, from the University of Western Sydney. Mr. Fruschki also has a law degree from Humboldt University, Berlin, and passed his judicial bar exam in 2004. |
| Name | David Finger |
|---|---|
| Since | 01 September 2023 |
| Bio | David Finger is a Senior Portfolio Manager Thematic Equity at Allianz Global Investors. He joined Allianz Global Investors’ Global Graduate Programme in 2006 and became part of the European Research department in 2008 after working as an executive assistant to the Global CIO for some time. In the 14 years with the firm he held various positions like Analyst Global Materials Equities and Portfolio Manager for Metals & Mining strategies. David holds a diploma from the University of Passau in International Cultural and Business Studies. He also performed additional coursework at Universidad Católica de Córdoba in Argentina. Moreover he is a CFA Charterholder |
Long-term capital growth by investing in global Equity Markets with a focus on theme and stock selection in accordance with E/S characteristics. Sub-Fund assets are invested in accordance with E/S characteristics. Min. 70% of Sub-Fund assets are invested in companies of global Equity Markets with a focus on specific themas and/or selection. Max. 30% of Sub-Fund assets may be invested in Equities other than described in the investment objective. Max. 50% of Sub-Fund assets may be invested in Emerging Markets. Max. 25% of Sub Fund assets may be held 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 in China A-shares market. Max. 10% of Sub-Fund assets may be invested in UCITS and/or 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. The use of techniques and instruments is restricted to the purpose of efficient portfolio management. Sub-Fund classifies as “equity-fund” according to German Investment Tax Act (GITA). The Sub-Fund promotes environmental and social characteristics (E/S characteristics) with simultaneous application of certain minimum exclusion criteria for direct investments and targets a specific minimum allocation into Sustainable Investments. Sub- Fund’s pre-contractual template describes all relevant information about the E/S characteristics’ scope, details, and requirements and applied exclusion criteria. For min. 80% of Sub-Fund's portfolio the Investment Manager performs an assessment of investments regarding positive contribution to environmental and social contributions as well as an assessment to avoid significant harm to any environmental or social objective according to the Sustainable Investments methodology as far as such data is available. The basis for the calculation of the 80% threshold is the Sub-Fund’s net asset value except instruments for which Sustainable Investments data is not available such as cash and derivatives. Min. 65% of Sub-Fund assets are invested in issuers which are not considered to significantly harm any environmental or social objective according to the Sustainable Investment methodology. Min. 30% of Sub-Fund assets will be invested in Sustainable Investments. 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 significant in our own discretion, the majority of the Sub-Fund's investments (excluding derivatives) may consist of components of the Benchmark. Exposure to the base currency of the Fund (USD) will be hedged to a large extent against the reference currency of the shareclass (AUD) which reduces the potential risks and limits potential gains from exchange rate movements. Benchmark: MSCI AC World (ACWI) Total Return Net (hedged into AUD). 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 Derivatives may be used to offset exposure to price fluctuations (hedging), to take advantage of price differences between two or more markets (arbitrage) or to multiply gains although it may also multiply losses (leverage).