Allianz European Equity Dividend AM Dis H2-USD (Hedged)

安聯歐洲股息基金 AM類 Dis H2-美元(對沖)

LU0971552673

Risk Rating: Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.80%

HKD4,000.00Min. Subscription

AUD / HKD / SGD / EUR / GBP / RMB / CAD / USD / NZD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+2.26%
3 mth
+10.10%
6 mth
+6.14%
1 yr
+7.58%
3 yr
+24.56%
5 yr
+30.15%

Analytical Figures (3 years)

Annualized Return
+7.60%
Annualized Volatility
+9.93%
Sharpe Ratio
+0.52

Fund Information

Fund Houses
Allianz Global Investors Asia Pacific Limited
Launch Date
2013-10-01
Fund Manager
Jorg de Vries-Hippen
Gregor Rudolph-Dengel
Manager Start Date
2009-03-10
2016-10-01
Geographical Focus
Europe
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 3

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating three (3) or four (4), these are mainly aimed at providing income and capital appreciation to investors by investing primarily in balanced portfolio, including high yield bonds and global equities etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-11-17)
EUR 2,350,070,875.08
Management Fee
1.80%
Latest Dividend
USD 0.066700 (2019-11-14)

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.80%

HKD4,000.00Min. Subscription

AUD / HKD / SGD / EUR / GBP / RMB / CAD / USD / NZD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

Dividend Records

Dividend DateDividend Records (USD)
2019-11-140.066700
2019-10-140.066700
2019-09-150.066700
2019-08-150.066700
2019-07-140.066700
2019-06-160.066670
2019-05-140.066670
2019-04-140.066670
2019-03-140.062500
2019-02-140.062500
2019-01-140.062500
2018-12-160.062500
2018-11-140.062500
2018-10-140.062500
2018-09-160.058330
2018-08-150.058330
2018-07-150.058330
2018-06-140.058330
2018-05-140.058330
2018-04-150.058330
2018-03-140.058330
2018-02-140.058330
2018-01-140.058330
2017-12-140.058330
2017-11-140.058330
2017-10-150.058330
2017-09-140.054170
2017-08-150.054170
2017-07-160.054170
2017-06-140.054170
2017-05-140.054170
2017-04-170.054170
2017-03-140.050000
2017-02-140.050000
2017-01-150.050000
2016-12-140.050000
2016-11-140.050000
2016-10-160.050000
2016-09-140.050000
2016-08-150.050000
2016-07-140.050000
2016-06-140.050000
2016-05-160.045830
2016-04-140.045830
2016-03-140.045830
2016-02-140.045830
2016-01-140.045830
2015-12-140.045830
2015-11-150.045830
2015-10-140.045830
2015-09-140.045830
2015-08-160.045830
2015-07-140.045830
2015-06-140.045830
2015-05-140.045830
2015-04-140.045830
2015-03-150.041670
2015-02-150.041670
2015-01-140.041670
2014-12-140.041670
2014-11-160.041670
2014-10-140.041670
2014-09-140.041700
2014-08-170.041700
2014-07-140.041700
2014-06-150.041700
2014-05-140.041700
2014-04-140.041700
2014-03-160.030000
2014-02-160.030000
2014-01-140.030000
2013-12-150.030000
2013-11-140.045000

Investment Objective

The investment policy is geared towards long-term capital growth primarily through equity based investments in European markets that are expected to achieve adequate dividend returns.

Nature and Extent of Risks

Investment involves risks. The Sub-Fund’s investment portfolio may fall in value due to any of the key risk factors below and therefore your investment in the Sub-Fund may suffer losses. Please refer to the Prospectus for details including the risk factors.
1. Investment Risk/General Market Risk
The Sub-Fund is an investment fund. There is no guarantee of the repayment of principal. The instruments invested by the Sub-Fund may fall in value.
The Sub-Fund invests directly or indirectly in securities, and is exposed to various general trends and tendencies in the economic and political situations as well as securities markets and investment sentiment, which are partially attributable to irrational factors. Such factors could lead to substantial and longer-lasting drops in prices affecting the entire market. Securities from top-rated issuers are subject to essentially the same general market risk as other securities and assets. All these factors may adversely impact the net asset value of the Sub-Fund.
2. Country Risk
The Sub-Fund’s investments focus on countries participating in the European Union member states, Norway or Iceland, which may increase the concentration risk. Consequently, the Sub-Fund is particularly susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events and risks of these countries, or of companies based and/or operating in these countries. The net asset value of the Sub-Fund may be more volatile than a diversified fund.
Economic or political instability in countries in which the Sub-Fund is invested may lead to a situation in which the SubFund does not receive part or all of the monies owed to it in spite of the solvency of the issuer of the respective security or other assets. Currency or transfer restrictions or other legal changes, for example, may be significant in this regard.
3. European Country Risk
There is the possibility that economic and financial difficulties in Europe may continue to get worse or spread within and outside the Europe, and may lead to one or several countries exiting the Eurozone or default of a sovereign within the Eurozone. Measures taken by the governments of the European countries, central banks and other authorities to address the economic and financial problem, such as austerity measures and reforms, may not work. The impact of the above events may be significant and may adversely affect the value of the Sub-Fund (such as increased volatility, liquidity and currency risk associated with investments in Europe).
4. Company-specific Risk
The Sub-Fund may invest in equities which may be affected by company-specific factors, such as the issuer’s business situation. If a company-specific factor deteriorates, the price of the respective asset may drop significantly and for an extended period of time, possibly even without regard to an otherwise generally positive market trend. All these factors may adversely impact the net asset value of the Sub-Fund.
5. Derivatives Risk
The Sub-Fund may invest in derivatives, which may expose the Sub-Fund to higher leverage, counterparty, liquidity, valuation, volatility, market and over the counter transaction risks, all of which may adversely impact the net asset value of the Sub-Fund. The leverage component of an FDI can result in a loss significantly greater than the amount invested in the FDI by the Sub-Fund.
The Sub-Fund’s use of FDI in hedging and/or efficient portfolio management may become ineffective and/or cause the Sub-Fund to suffer significant losses.
6. RMB Risk
• The Sub-Fund may launch share classes denominated in offshore Chinese Renminbi. The Chinese Renminbi traded in Mainland China is not freely convertible and is subject to exchange controls, policies and restrictions imposed by the PRC authorities. Such policies may limit the depth of the Chinese Renminbi market available outside of Mainland China, and thereby may reduce the liquidity of the Sub-Fund. Under exceptional circumstances, payment of redemptions and/or dividend payment in RMB may be delayed due to the exchange controls and restrictions applicable to RMB. Furthermore although offshore Renminbi and onshore Renminbi are the same currency, they trade at different rates. Any divergence between offshore Renminbi and onshore Renminbi may adversely impact investors.
• Any depreciation of RMB could adversely affect the value of investors’ investment in the RMB enominated share classes
7. Risk related to Distribution out of Capital and Distribution effectively out of Capital
The payment of distributions out of capital/distributions effectively out of capital represents a return or withdrawal of part of the amount investors originally invested and/or capital gains attributable to the original investment. Any distributions involving payment of distributions out of the Sub-Fund’s capital/distributions effectively out of the Sub-Fund’s capital may result in an immediate decrease in the net asset value per Share and may reduce the capital available for the Sub-Fund for future investment and capital growth.
The distribution amount and net asset value of any hedged share classes of the Sub-Fund may be adversely affected by differences in the interest rates of the reference currency of the hedged share class and the base currency of the Sub-Fund, resulting in an increase in the amount of distribution that is paid out of capital and hence a greater erosion of capital than other non-hedged share classes.

Manage your asset round-the-clock

Hotline

852
3896 3896

1501, 15/F, 101 King's Road,
North Point, Hong Kong

Mon - Fri (excluding public holidays)
09:00 - 18:00

Copyright © 2019 Noble Apex Advisors Limited. All Rights Reserved.