Allianz Dynamic Asian High Yield Bond AMg Dis H2-GBP

安聯動力亞洲高收益債券基金 AMg類 Dis H2-英鎊

LU1282650313

風險等級: 4級

iFund 的投資產品風險評級為一個衡量單一基金的地域和資產類別、投資風格和任何潛在因素的質化和量化並重的評估機制。風險評級分為一至六(1(最低風險)至6 (最高風險))等級別。風險評級為3或4的基金大多投資於股債混合資產,包括高息債券及環球股票,為投資者提供收入及資本增值。有關詳細資訊,請參閱「流程說明」頁面下的「盡職審查」。

非交易時段

交易資料

交易
快捷可靠

無需衍生產品
知識可購買

HKD4,000.00起投

1.50%

HKD4,000.00起投

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

HKD4,000.00起投

HKD4,000.00

HKD4,000.00

Daily

14:00

2021-04-01

*下圖為基金價格,並未包括基金派息 (如適用)

基金表現(包括派息,如有)

1個月
-0.47%
3個月
+0.69%
6個月
+0.72%
1年
-1.38%
3年
-5.03%
5年
+11.44%

分析數值 (3年)

年度化回報
-1.70%
年度化波幅
+17.34%
夏普比率
-0.05

基金資料

基金公司
Allianz Global Investors Asia Pacific Limited
基金成立日期
2015-10-05
基金經理
Mark Tay
基金經理開始日期
Mark Tay (Strat Date: 2014-10-03)
主要投資地區
Asia
資產類別 / 行業
Fixed Income - High yield
風險評級
4級

iFund 的投資產品風險評級為一個衡量單一基金的地域和資產類別、投資風格和任何潛在因素的質化和量化並重的評估機制。風險評級分為一至六(1(最低風險)至6 (最高風險))等級別。風險評級為3或4的基金大多投資於股債混合資產,包括高息債券及環球股票,為投資者提供收入及資本增值。有關詳細資訊,請參閱「流程說明」頁面下的「盡職審查」。

基金規模(截至 2021-03-02)
EUR 797,969,267.75
基金管理費
1.50%
最新派息
GBP 0.051870 (2021-02-14)

同類前列基金

    暫無基金

交易資料

交易
快捷可靠

無需衍生產品
知識可購買

HKD4,000.00起投

1.50%

HKD4,000.00起投

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

HKD4,000.00起投

HKD4,000.00

HKD4,000.00

Daily

14:00

2021-04-01

派息記錄

派息日期派息記錄 (GBP)
2021-02-140.051870
2021-01-140.051870
2020-12-140.051870
2020-11-150.051870
2020-10-140.051870
2020-09-140.055830
2020-08-160.055830
2020-07-140.051670
2020-06-140.051670
2020-05-140.051670
2020-04-140.047500
2020-03-150.047500
2020-02-160.047500
2020-01-140.047500
2019-12-150.047500
2019-11-140.047500
2019-10-140.047500
2019-09-150.047500
2019-08-150.047500
2019-07-140.047500
2019-06-160.047500
2019-05-140.047500
2019-04-140.047500
2019-03-140.050500
2019-02-140.050500
2019-01-140.050500
2018-12-160.050500
2018-11-140.050500
2018-10-140.050500
2018-09-160.051670
2018-08-150.051670
2018-07-150.051670
2018-06-170.051670
2018-06-140.051700
2018-05-140.051670
2018-04-150.051670
2018-03-140.051670
2018-02-140.051670
2018-01-140.051670
2017-12-140.051670
2017-11-140.051670
2017-10-150.051670
2017-09-140.062500
2017-08-150.062500
2017-07-160.062500
2017-06-140.062500
2017-05-140.062500
2017-04-170.062500
2017-03-140.062500
2017-02-140.062500
2017-01-150.062500
2016-12-140.066670
2016-11-140.066670
2016-10-160.066670
2016-09-140.066670
2016-08-150.066670
2016-07-140.066670
2016-06-140.066670
2016-05-160.066670
2016-04-140.066670
2016-03-140.066670
2016-02-140.066670
2016-01-140.066670
2015-12-140.066670
2015-11-150.066670

投資目標

Long-term capital growth and income by investing in high yield rated debt securities of Asian bond markets.

風險性質及程度

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 in securities (eg. bonds), 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. Interest Rate Risk
To the extent that this Sub-Fund invests in interest-bearing securities (eg. corporate bonds and government bonds) it is exposed to interest rate fluctuations. If market interest rates rise, the value of the interest-bearing assets held by the Sub-Fund may decline substantially. This applies to an even greater degree if this Sub-Fund also holds interest-bearing securities with a longer time to maturity and a lower nominal interest rate. All these factors may adversely impact the net asset value of the Sub-Fund.
3. Specific Risks of Investing in High-Yield (Non-Investment Grade and Unrated) Investments and Convertible Bonds
- Investing in high-yield (non-investment grade and unrated) investments and convertible bonds are normally associated with higher volatility, greater risk of loss of principal and interest, increased creditworthiness and downgrading risk, default risk, interest rate risk, general market risk, and liquidity risk (for example, the asset cannot be sold or can only be sold at a significant discount to the purchase price), all of which may adversely impact the net asset value of the Sub-Fund.
- Convertible bonds are a hybrid between debt and equity, permitting holders to convert into shares in the company issuing the bond at a specified future date. As such, convertibles will be exposed to prepayment risk, equity movement and greater volatility than straight bond investments. The value of convertible bonds may be affected by the price movement of the underlying securities, among other things. Convertible bonds may also have call provisions and other features which may give rise to the risk of a call. All these factors may adversely impact the net asset value of the Sub-Fund.
4. Valuation Risk
Valuation of the Sub-Fund assets may involve uncertainties and judgmental determinations. If such valuation turns out to be incorrect, this may affect the NAV calculation of the Sub-Fund.
5. Sovereign Debt Risk
The Sub-Fund’s investment in interest-bearing securities issued or guaranteed by governments may be exposed to political, social and economic risks. In adverse situations, the sovereign issuers may not be able or willing to repay the principal and/or interest when due or may request the Sub-Fund to participate in restructuring such debts. The Sub-Fund may suffer significant losses when there is a default of sovereign debt issuers.
6. Creditworthiness Risk/Credit Rating Risk/Downgrading Risk
- The creditworthiness (ability to pay) of the issuer of an asset in particular of a debt security or money-market instrument held by a Sub-Fund may subsequently fall. This usually leads to a decrease in the price of the asset greater than that caused by general market fluctuations. All these factors may adversely impact the net asset value of the Sub-Fund.
- Credit ratings assigned by rating agencies are subject to limitations and do not guarantee the creditworthiness of the security and/or issuer at all times.
The interest-bearing securities held by the Sub-Fund may be downgraded and may fall in value. This will also lead to a fall in the net asset value of the Sub-Fund. The Investment Manager may or may not be able to dispose of the debt instruments that are being downgraded.
7. Default Risk
The Sub-Fund is exposed to the credit and default risk of issuers of the debt securities that the Sub-Fund may invest in.
8. Emerging Market Risk
The Sub-Fund invests in emerging markets which involve increased risks and special considerations not typically associated with investment in more developed economies or markets, such as greater political, tax, legal, economic, foreign exchange/control, liquidity, regulatory risks, settlement risks, custody risk and the likelihood of a high degree of volatility. The accounting, auditing and financial reporting standards may deviate substantially to the Sub-Fund’s detriment. Investments in these countries are subject to greater liquidity risk and general market risk. All these factors may adversely impact the net asset value of the Sub-Fund.
9. Country and Region Risk
The Sub-Fund’s investments focus on Asian markets, which may increase the concentration risk. Consequently, the Sub-Fund is particularly susceptible to the adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory events and risks of this region, or of companies based and/or operating in this region. The net asset value of the Sub-Fund may be more volatile than a diversified fund.
10. Currency Risk
The Sub-Fund may hold assets denominated in foreign currencies other than its base currency. The Sub-Fund may also launch a class of shares that may be designated in a foreign currency other than the base currency of the Sub-Fund. Accordingly, the Sub-Fund and investors of such class of shares are exposed to a currency risk that if these foreign currency positions have not been hedged or if there is any change in the relevant exchange control regulations, the net asset value of the Sub-Fund may be affected unfavorably. Any devaluation of the foreign currency against the base currency of the Sub-Fund would cause the value of the assets denominated in the foreign currency to fall and adversely impact the investor.
11. RMB Risk
- The Sub-Fund may invest in assets denominated in offshore and onshore Chinese Renminbi and 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.
- Non-RMB based investors are exposed to foreign exchange risk and there is no guarantee that the value of RMB against the investors’ home currency will not depreciate. Any depreciation of RMB could adversely affect the value of investors’ investment in the RMB denominated share classes and the value of investments in Chinese Renminbi assets.
12. Derivatives Risk
- The Sub-Fund may invest in derivatives, which may expose the Sub-Fund to higher leverage, valuation, volatility, counterparty, liquidity, 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 efficient portfolio management (including for hedging) may become ineffective and/or cause the Sub-Fund to suffer significant losses.
13. 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 NAV of any hedged share classes of the Sub-Fund may be adversely affected by differences in the interests rates of the reference currency of the hedged share classes 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.
14. Risks relating to securities lending transactions
Securities lending transactions may involve the risk that the borrower may fail to return the securities lent out in a timely manner and the value of the collateral may fall below the value of the securities lent out.
15. Risks relating to repurchase agreements
In the event of the failure of the counterparty with which collateral has been placed, the Sub-Fund may suffer loss as there may be delays in recovering collateral placed out or the cash originally received may be less than the collateral placed with the counterparty due to inaccurate pricing of the collateral or market movements.
16. Risks relating to reverse repurchase agreements
In the event of the failure of the counterparty with which cash has been placed, the Sub-Fund may suffer loss as there may be delay in recovering cash placed out or difficulty in realizing collateral or proceeds from the sale of the collateral may be less than the cash placed with the counterparty due to inaccurate pricing of the collateral or market movements.