- The Fund aims at long-term capital growth and income by investing in U.S. and/or Canadian corporate debt securities and equities.
- The Fund is exposed to significant risks which include investment/general market, asset allocation, country and region, company-specific, emerging market, creditworthiness/credit rating/downgrading, interest rate changes, default, valuation and currency (such as exchange controls, in particular RMB), and adverse impact on RMB share classes due to currency depreciation.
- The Fund may invest in high-yield (non-investment grade and unrated) investments and convertible bonds which may subject to higher risks, such as volatility, greater risk of loss of principal and interest, creditworthiness and downgrading, default, interest rate, general market and liquidity risks and therefore may adversely impact the net asset value of the Fund. Convertibles may also expose to risks such as prepayment, equity movement and greater volatility than straight bond investments.
- The Fund may invest in financial derivative instruments (“FDI”) which may expose to higher leverage, counterparty, liquidity, valuation, volatility, market and over the counter transaction risks. The Fund’s net derivative exposure may be up to 50% of the Fund’s net asset value.
- This investment may involve risks that could result in loss of part or entire amount of investors’ investment.
- In making investment decisions, investors should not rely solely on this material.
- Note: Dividend payments may, at the sole discretion of the Investment Manager, be made out of the Fund’s income and/or capital which in the latter case represents a return or withdrawal of part of the amount investors originally invested and/or capital gains attributable to the original investment. This may result in an immediate decrease in the NAV per distribution unit and the capital of the Fund available for investment in the future and capital growth may be reduced, in particular for hedged share classes for which the distribution amount and NAV of any hedged share classes (HSC) may be adversely affected by differences in the interests rates of the reference currency of the HSC and the base currency of the Fund, particularly if such HSC are applying the IRD Neutral Policy.
Allianz Selection Income and Growth Class AM (H2-RMB) Dis.
Allianz Global Investors Asia Fund | ISIN HK0000211927 | Last Updated on 22/01/2025
AM Dis.
The asset class classification is based on the classification in the offering documents unless otherwise stated.
Allianz Global Investors and Voya Investment Management (Voya IM) have entered into a long-term strategic partnership, and as such, as of 25 July 2022, the investment team transferred to Voya IM and Voya IM became the delegated manager for this Fund. AllianzGI continues to provide information and services to Voya IM for this investment through a transitional service agreement.
‡
Effective from 25 July 2022, this Fund Manager has transferred to Voya Investment Management Co. LLC (“Voya IM”) as part of the strategic partnership agreement between Allianz Global Investors and Voya IM.
Source: All fund data quoted are Allianz Global Investors/IDS GmbH, as at 31/10/2024, unless stated otherwise.
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Daily change refers to the percentage change of fund price as at the valuation date shown against the previous valuation date.
Please click here to view the latest compositions of dividend payment information of the funds.
The currency-hedged share classes are not recommended for investors whose base currency of investment is not in respective hedged currencies.
YTD is Year To Date.
All performance figures of the Calendar Year Returns and Cumulative Returns are referenced using the last business day of the month unless otherwise indicated.
The calendar year returns of a Fund in its year of inception (if applicable) is calculated from its launch date to the last business day of the inception year.
The YTD returns of a Fund in its year of inception (if applicable) is calculated from its launch date.
Fund performance is calculated on NAV to NAV basis in denominated currency of the respective share class with gross dividends re-invested. Benchmark performance is calculated in denominated currency of the respective share class. HKD/USD based investors are exposed to foreign exchange fluctuations.
The RMB hedged share class is not recommended for investors whose base currency of investment is not Renminbi.
1
The Fund Size quoted includes all share classes of the Fund.
2
The All-in-Fee includes the expenses previously called management and administration fees.
3
Total Expense Ratio (TER): Total cost (except transaction costs) charged to the Fund during the last financial year (as at 30/09/2020) expressed as a ratio of the Fund's average NAV. For share classes that have been incepted for less than one year as at close of the last financial year (please refer to the Inception Date in the Fund Details table), the TER will be annualised. For share classes incepted after the close of the last financial year, the TER will be reflected as N/A.
4
Dividend payments are applicable for Class AM Dis (monthly distribution) and for reference only. Yields are not guaranteed, dividend may be paid out from capital (Class AM). This may result in an immediate decrease in the NAV per share and may reduce the capital available for the Fund for future investment and capital growth. Positive distribution yield does not imply positive return.
5
Annualised Dividend Yield = [(1 + Dividend Per Share / Ex-Dividend Date NAV)¹² - 1] X 100. The annualised dividend yield is calculated based on the latest dividend distribution with dividend reinvested, and may be higher or lower than the actual annual dividend yield. Positive distribution yield does not imply positive return. Dividend is not guaranteed. Historical dividend yield is not indicative of future dividend payouts.
6
Dividend Yield = (Dividend Per Share / Ex-Dividend Date NAV) x 100. Positive distribution yield does not imply positive return. Dividend is not guaranteed. Historical dividend yield is not indicative of future dividend payouts
7
"12-Month Unit NAV High" and "12-Month Unit NAV Low" refers to the highest / lowest daily fund prices during the past 12 months, as at 22/01/2025.
8
Credit Quality refers to a measure of creditworthiness of the underlying securities of the portfolio and this may change over time. The portfolio itself has not been rated by an independent rating agency. For the purpose of this document, the letter rating, which may be based on bond ratings by using ICE’smethodology (average rating among S&P, Moody’s and Fitch), is provided to indicate the credit rating of the portfolio’s underlying bonds and generally ranges from AAA (highest) to D (lowest). For unrated bonds rating, these may be assigned based on the AllianzGI’s internal assessment around the issuer’s cash flow, operating capabilities and financial situation according to the issuers’ SEC filings (10-Ks, Qs, Sis, etc.) . The Credit Quality is provided for informational purposes only.
Information herein is based on sources we believe to be accurate and reliable as at the date it was made. We reserve the right to revise any information herein at any time without notice. No offer or solicitation to buy or sell securities and no investment advice or recommendation is made herein. In making investment decisions, investors should not rely solely on this website but should seek independent professional advice.
Investing in fixed income instruments (if applicable) may expose investors to various risks, including but not limited to creditworthiness, interest rate, liquidity and restricted flexibility risks. Changes to the economic environment and market conditions may affect these risks, resulting in an adverse effect to the value of the investment. During periods of rising nominal interest rates, the values of fixed income instruments (including short positions with respect to fixed income instruments) are generally expected to decline. Conversely, during periods of declining interest rates, the values are generally expected to rise. Liquidity risk may possibly delay or prevent account withdrawals or redemptions.
9
EU Sustainability-related Disclosure Regulation. Information is accurate at time of publishing.
Allianz Global Investors Asia Pacific Limited (32/F, Two Pacific Place, 88 Queensway, Admiralty, Hong Kong) is the Hong Kong Representative and is regulated by the Securities and Futures Commission of Hong Kong. (54/F, One Island East 18 Westlands Road, Quarry Bay, Hong Kong).