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Allianz Discovery Europe Strategy - A - EUR

Ranked 156 out of 183 in - Long/Short Equity over 12 months
All calculations are in EUR unless stated

Managed by

Harald Sporleder

Harald Sporleder is currently a European equity fund manager at Allianz Global Investors based in Frankfurt. He joined Allianz in 1996 as a junior fund manager. He now manages the Allianz Discovery Europe Strategy, adopting a market neutral strategy and using various fundamental criteria as valuation metrics on his funds. Sporleder holds a Master's degree in Economics from the Univerity of Halle in Wittenberg and is a member of the HFSB organization. Away from the office, he enjoys skiing.

Objective

The fund aims to profit from stock price movements irrespective of the direction of the movement. Using a derivative-based strategy, the fund invests on the one hand, in selected European equities (long positions). On the other hand, it sells in accordance with its strategy stocks that it does not actually hold and whose prices are expected to fall (short positions). This bipolar strategy seeks to reduce market risks. Long and short positions will not always be of equal magnitude so that deviations from the fund's core goal of market neutrality may occur. The fund management company charges All-In-Fee displayed as management fee.

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Performance

Long/Short Equity over : 31/12/2016 - 31/12/2017
  • Rank 156/183 Total Return
  • Rank 81/183 Standard Deviation
  • Rank 120/183 Max Drawdown

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 -0.8% 0.5% 0.6% -1.5% -0.4%
2016 -8.5% -4.5% -3.7% 1.5% -2.0%
2015 10.9% 0.2% 6.5% 1.4% 2.5%
2014 -0.1% 3.3% -0.1% 0.1% -3.3%
2013 3.7% -0.1% -1.4% 3.8% 1.5%
2012 8.8% 4.9% -1.2% 1.6% 3.2%
2011 2.8% 1.4% -2.3% 0.2% 3.6%
2010 -2.5% -1.0% -6.1% -0.9% 5.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Germany
  6. Hungary
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Poland
  11. Spain
  12. Sweden
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date20/10/2009
  • Share Class size88Mn
  • Base currencyEUR
  • ISIN LU0384022694

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.80%
  • Initial investment5

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