- The Fund aims at long-term capital growth by investing in the China A-Shares markets of the People’s Republic of China (“PRC”) in accordance with environmental and social characteristics. The Fund aims to achieve an outperformance (i.e. achieve a higher Environment, Social and Governance (“ESG”) score) of the Fund’s weighted average ESG score compared to weighted average ESG score of Fund’s benchmark index by the adoption of the ESG Score Strategy. The Fund does not constitute as an ESG fund pursuant to the SFC’s circular issued on 29 June 2021.
- The Fund is exposed to significant risks of investment/general market, country and region, emerging market, company-specific and currency (in particular RMB), and the adverse impact on RMB share class due to currency depreciation.
- The Fund may invest in the China A-Shares market directly via the Stock Connect or other foreign access regimes and/or other permitted means and/or indirectly through all eligible instruments and thus is subject to the associated risks (including quota limitation, change in rule and regulations, repatriation of the Fund’s monies, trade restrictions, China market volatility and uncertainty, potential clearing and/or settlement difficulties, change in economic, social and political policy in PRC and Mainland China tax risks).
- The Fund is exposed to risks relating to ESG Score Strategy investment (such as foregoing opportunities to buy certain securities when it might otherwise be advantageous to do so, selling securities when it might be disadvantageous to do so, and/or reducing risk diversifications compared to broadly based funds) which may result in the Fund being more volatile and have adverse impact on the performance of the Fund and consequently adversely affect an investor’s investment in the Fund.
- 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.
- Investment involves 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 capital or effectively out of the Fund’s capital which 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 share 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.
Allianz China A-Shares - Class AT (HKD) Acc.
Allianz Global Investors Fund | ISIN LU1997244956 | Last Updated on 27/12/2024
AT Acc.
The asset class classification is based on the classification in the offering documents unless otherwise stated.
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.
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.
1
Source: Morningstar, as at 30/09/2024. Copyright ©2024 Morningstar Asia Limited ("Morningstar"). All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
2
Source: BENCHMARK, House Awards received are based on qualitative methodology and tools determined by BENCHMARK magazine. Awards received are based on performance data of the Predecessor Fund between 1 October 2017 and 30 September 2018.
3
Source: Fund Selector Asia, the award is based on analysis of the quantitative data from FE research team. The shortlists were then given to a panel of judges who nominated the fund. The award is based on the performance of the Predecessor Fund from 30 June 2014 to 30 June 2017.
4
The Fund Size quoted includes all share classes of the Fund.
5
The All-in-Fee includes the expenses previously called management and administration fees.
6
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.
7
Inception Date means the very first date when the Fund commenced its operations (irrespective of any dates of restructuring/merging of assets thereafter).
8
"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 27/12/2024.
Allianz Global Investors Fund – Allianz China A-Shares was launched on 23 October 2019 upon the merger of Allianz Global Investors Opportunities – Allianz China A-Shares into the Fund. The performance information shown on or before the date of the merger has been simulated based on the performance of the relevant share class of Allianz Global Investors Opportunities – Allianz China A-Shares with the same investment objectives, risk profiles, and materially the same fee structures and investment policies of the relevant share class of the Fund. Predecessor fund (Allianz Global Investors Opportunities – Allianz China A-Shares) inception date: March 2009.
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.
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).