Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Allianz Global Multi-Asset Credit -AT(H2-EUR)EUR

Ranked 37 out of 41 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

David Newman

David Newman is head of global high yield within the global fixed income team at Allianz Global Investors, a team he also led at Rogge Global Partners for eight years. Previously he was managing director, head of fixed income credit research and co-head credit trading at Citigroup. Prior to that, he was head of high yield credit research at UBS. Newman has 29 years’ industry experience and was also a lecturer at ISMA (now ICMA) also holding a MBA with Cass Business School in the UK and a BA with honours in geography from University College London in the UK.

Objective

The aim of the fund is to achieve Long-term returns in excess of 3 months USD Libor by investing in global bond markets. Min. 70% of Sub-Fund assets are invested in bonds in accordance with the investment objective. Min. 25% of SubFund assets are invested in bonds with a good credit rating in accordance with the investment objective. Sub-Fund assets may be invested in Emerging Markets. Max. 75% of Sub-Fund assets may be invested in High Yield bonds bearing a typically higher risk and higher potential of gains.

Showing fund performance in Norway View performance globally

Performance

Global High Yield over : 31/08/2017 - 31/08/2018
  • Rank 37/41 Total Return
  • Rank 5/41 Standard Deviation
  • Rank 18/41 Max Drawdown
Fund Name Currency Return
35 Allianz Selective Global High Yield - A (H2EUR)

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

36 Legg Mason WA Global High Yield Pr Acc Hdg EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.0%

37 Allianz Global Multi-Asset Credit -AT(H2-EUR)EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.1%

38 AB FCP I-Global High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.4%

39 Capital Group Gl High Inc Opps (LUX) Bh EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.7%

Fund Name Currency Risk
3 AXA WF Global High Yield Bonds A C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

4 BNY Mellon Gl Sh Dated Hg Yld Bd EUR I Hdg Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

5 Allianz Global Multi-Asset Credit -AT(H2-EUR)EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.8

6 Aviva Investors Global High Yield Bond Ah EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.0

7 Oaktree (Lux.) Fds Oaktree Global HY Bd FdH EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

2.1

Fund Name Currency Loss
16 Goldman Sachs Glo High Yield Pf OCS EUR-H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.7%

17 Wellington Global High Yield Bond EUR S Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.8%

18 Allianz Global Multi-Asset Credit -AT(H2-EUR)EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.9%

19 Oaktree (Lux.) Fds Oaktree Global HY Bd FdH EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

20 Schroder ISF Global High Yield EUR Hedged A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.0% -1.3%
2017 1.8% 0.5% 0.9% 0.3% 0.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Germany
  6. Luxembourg
  7. Norway
  8. Spain
  9. Switzerland

Fund Info

  • Launch date08/11/2016
  • Share Class size06Mn
  • Base currencyEUR
  • ISIN LU1480269049
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

  • Annual management1.09%
  • Initial investment1.09%

Related News

AllianzGI merges away EMD target maturity fund

German group rolls developing world strategy into multi-asset approach.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).