- The Fund aims at income and long-term capital appreciation by investing in global interest bearing securities and global equities with a focus on theme and stock selection.
- The Fund is exposed to significant risks which include investment/general market, thematic concentration, thematic-based investment strategy, asset allocation, emerging market, company-specific, creditworthiness/credit rating/downgrading, interest rate changes, default, volatility and liquidity, valuation, and currency (such as exchange controls, in particular RMB), and the adverse impact on RMB share classes due to currency depreciation.
- The Fund may invest in financial derivative instruments (“FDI”) which may expose the Fund to higher leverage, counterparty, liquidity, valuation, volatility, market and over the counter transaction risks. The use of derivatives may result in losses to the Fund which are greater than the amount originally invested. 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.
6 investable themes
are influencing our daily life
Over the past decades, the world economy has seen structural transformations sparked by technological innovation,
urbanisation, resource scarcity, and changes in the demographic and social landscapes. Identifying these macro-level themes
allows investors to capitalise on future trends and capture the best investment opportunities over a long-term horizon.
This theme taps into the potential of a large and increasingly influential generation – Gen Z and the closely related Millennials – to benefit from the structurally changing consumption patterns driven by social and demographic changes.
This theme covers a wide range of raw material manufacturers, construction companies and equipment suppliers.
This theme looks at robotics, automation and supporting software.
This theme includes companies that improve the water supply, water quality or water efficiency, as well as companies engaging in recycling and waste treatment, as these companies will be in the spotlight.
This theme focuses on the next wave of implementation and proliferation of efficiency-enhancing applications based on the recent advancements of artificial intelligence (AI).
This theme captures companies within the evolving financial sector benefitting from fintech, blockchain and decentralised finance developments.
Why invest in Allianz Thematic Income (“the Fund”)?
The Fund is a diversified portfolio of securities across global equity and credit markets that seek potential growth while managing portfolio volatility.
The Fund aims to identify the investment opportunities that arise from structural shifts by investing in the themes best positioned to benefit from these long-term fundamental changes.
Global monetary policy across most of the developed markets are changing from tightening to easing. Therefore, global liquidity should ease, thus benefiting the capital market, in general.
Global monetary policy across most of the developed markets are changing from tightening to easing. Therefore, global liquidity should ease, thus benefiting the capital market, in general.
We have started to see improvement in earning growth from non-tech sectors within the US equity market. This is in line with the view that US, along with other developed economies, have started to cut interest rates.
Earning growth from the Big Tech is expected to slow while earnings growth from the non- Big Tech companies are expected to increase. Therefore, we expect the share price of the non-tech companies should also improve in the coming quarters.
Earning growth from the Big Tech is expected to slow while earnings growth from the non- Big Tech companies are expected to increase. Therefore, we expect the share price of the non-tech companies should also improve in the coming quarters.
Source: Standard & Poor’s, FactSet, Refinitiv, UBS, data as of 4 November 2024. EPS = earnings per share. The information above is provided for illustrative purposes only, it should not be considered a recommendation to purchase or sell any particular security or strategy or an investment advice. Past performance, or any prediction, projection or forecast, is not indicative of future performance.
The strategic allocation is distributed between 50% Global Corporae Credits SRI and 50% Emerging Markets Corporate Bonds SRI.
Both global corporate credits and global emerging markets corporate bonds sleeves screen companies, via our proprietary Socially Responsible Investment (SRI) process, for controversies which could impact future performance and excludes controversial businesses from its investment universe. This will help to improve portfolio quality and promote sustainability objectives and values.
Both global corporate credits and global emerging markets corporate bonds sleeves screen companies, via our proprietary Socially Responsible Investment (SRI) process, for controversies which could impact future performance and excludes controversial businesses from its investment universe. This will help to improve portfolio quality and promote sustainability objectives and values.
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