United Arab Emirates, Austria, Bulgaria, Botswana, Switzerland, Cyprus, Czechia, Germany, Finland, France, United Kingdom, Greece, Hong Kong, Croatia, Luxembourg, Netherlands, Slovakia, Sweden
Fund manager biographies
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
Fund objective
Long-term capital growth by investing in global Equity Markets with a focus on theme and stock selection in accordance with the Sustainability Key Performance Indicator Strategy (Absolute Threshold) (“KPI Strategy (Absolute Threshold)”). In this context, the aim is to target a specific minimum allocation into Sustainable Investments to achieve the investment objective. 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. The Sub-Fund follows the KPI Strategy (Absolute Threshold) which targets a specific minimum allocation into Sustainable Investments. Sustainable investments are investments in economic activities which contribute to environmental and/or social objectives, for which the Investment Managers uses as reference frameworks the UN Sustainable Development Goals (SDGs), as well as the objectives of the EU Taxonomy. Minimum exclusion criteria for direct investments are applied. Min. 70% of Sub-Fund assets are invested 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 KPI Strategy (Absolute Threshold). Max. 50% of Sub-Fund assets may be invested in Emerging Markets. Max. 10% of Sub-Fund assets may be invested in China A-shares market. 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 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. Sub-Fund classifies as “equity-fund” according to German Investment Tax Act (GITA). Min. 80% of Sub-Fund’s portfolio shall be invested in companies which have been assessed according to the Sustainable Investment methodology. Portfolio in this respect does not comprise derivatives and instruments that are non-evaluated by nature (e. g., cash and deposits). Min. 30% of Sub-Fund assets will be invested in Sustainable Investments. Benchmark: MSCI AC World (ACWI) Total Return Net (in EUR). You may redeem shares of the Fund usually on each business day. We reinvest income generated into the Fund. 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). 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)