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 Discovery Europe Strategy - A - EUR

Ranked 107 out of 169 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.

Showing fund performance in Gibraltar View performance globally

Performance

Long/Short Equity over : 30/09/2017 - 30/09/2018
  • Rank 107/169 Total Return
  • Rank 8/169 Standard Deviation
  • Rank 29/169 Max Drawdown
Fund Name Currency Return
105 Threadneedle (Lux)-American Absolute Alpha AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.6%

106 ZEST Mediterraneus Absolute Value I EUR

-1.8%

107 Allianz Discovery Europe Strategy - A - EUR EUR

-1.8%

108 Nomura Alpha Japan Long Short A EUR EUR

-1.9%

109 BPI Global Invest Fd BPI Alt Fd Ibe Eq L/S Fd R EUR

-1.9%

Fund Name Currency Risk
6 BNY Mellon Absolute Return Equity R EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

1.8

7 Partners Group Global Value SICAV I (EUR) EUR

2.1

8 Allianz Discovery Europe Strategy - A - EUR EUR

2.2

9 Amundi Funds II Absolute Return Europ Equity A EUR EUR

2.3

10 Janus Henderson UK Absolute Return I EUR Acc H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 0.9% -1.5% -0.8%
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

Asset Allocation

Breakdown

31/05/2018

Top 10 Holdings

Stock Size
Rheinland Pal 0.000% 16-Sep-2019 3.23%
FMS Wertmanagement 0.000% 26-Feb-2019 3.22%
European Investment Bank 0.000% 15-Jan-2019 3.22%
ESM 0.05% 12/17/18 SR:80 3.22%
SNCF Reseau 0.050% 23-Oct-2018 3.08%
Ireland 4.500% 18-Oct-2018 2.94%
Lloyds Bank PLC 4.000% 25-Jun-2018 2.78%
UNEDIC 3.000% 25-Apr-2019 2.76%
ING DiBa 2.000% 13-Mar-2019 2.74%
AIB Mortgage Bk 3.125% 10-Sep-2018 2.73%
31/05/2018

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. Portugal
  12. Spain
  13. Sweden
  14. Switzerland
  15. United Kingdom

Fund Info

  • Launch date20/10/2009
  • Share Class size58Mn
  • Base currencyEUR
  • ISIN LU0384022694

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.80%
  • Initial investment5.00%

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