Morningstar Fund Report  | 10/04/2025Print

Allianz Global Investors Fund - Allianz Emerging Markets Corporate Bond WT9 USD

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Allianz Global Investors Fund - Allianz Emerging Markets Corporate Bond WT9 USD
Fund1.0-0.41.28.4-0.6
+/-Cat1.12.9-0.3-0.60.0
+/-B’mrk---0.4-0.2
 
Category: Global Emerging Markets Corporate Bond
Category Benchmark: Morningstar EM Crp 10% CN C...
Key Stats
NAV
10/04/2025		 USD 114265.36
Day Change -1.44%
Morningstar Category™ Global Emerging Markets Corporate Bond
ISIN LU1970681836
Fund Size (Mil)
09/04/2025		 USD 85.30
Share Class Size (Mil)
09/04/2025		 USD 30.95
Max Initial Charge -
Ongoing Charge
28/03/2025		  0.58%
Investment Objective: Allianz Global Investors Fund - Allianz Emerging Markets Corporate Bond WT9 USD
Long term capital growth by investing in corporate Debt Securities of global Emerging Markets in accordance with e/s characteristics.
Returns
Trailing Returns (GBP)10/04/2025
YTD-3.33
3 Years Annualised3.12
5 Years Annualised2.75
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
David Newman
15/05/2019
Daniel Ha
31/03/2021
Click here to see others
Inception Date
15/05/2019

Category Benchmark
Fund BenchmarkMorningstar Benchmark
JPM ESG CEMBI Broad Diversified TR USDMorningstar EM Crp 10% CN Cap GR USD
Portfolio Profile for  Allianz Global Investors Fund - Allianz Emerging Markets Corporate Bond WT9 USD28/02/2025
Fixed Income
Effective Maturity5.67
Effective Duration3.89
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond106.541.13105.41
Property0.000.000.00
Cash84.5089.91-5.41
Other0.000.000.00
Growth Of 1000 (GBP) 31/03/2025
Fund:  Allianz Global Investors Fund - Allianz Emerging Markets Corporate Bond WT9 USD
Category:  Global Emerging Markets Corporate Bond
Category Index:  Morningstar EM Crp 10% CN Cap GR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 2020202120222023202431/03
Price Return3.920.97-0.391.228.37-0.65
+/- Category0.121.072.91-0.28-0.620.04
+/- Category Index----0.36-0.23
% Rank in Category492725506540
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.44   -0.81-0.58
1 Week-0.77   0.420.36
1 Month-2.61   -1.19-1.57
3 Months-5.51   -1.57-2.10
6 Months0.06   -1.51-1.24
YTD-3.33   -1.10-1.52
1 Year1.42   -2.65-2.91
3 Years Annualised3.12   -0.31-0.68
5 Years Annualised2.75   -0.570.02
10 Years Annualised-   --
 
Category: Global Emerging Markets Corporate Bond
Category Index: Morningstar EM Crp 10% CN Cap GR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.65---
20242.861.02-1.445.82
2023-2.19-1.263.291.48
2022-4.472.055.99-3.59
2021-1.921.732.59-1.36
2020-4.0110.48-1.20-0.83
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearAverageBelow Average3 star
10-Year--Not Rated
OverallAverageBelow Average3 star
 
Category :  Global Emerging Markets Corporate BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev5.87 %
3-Yr Mean Return4.53 %
 
3-Yr Sharpe Ratio0.08
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar EM Crp 10% CN Cap GR USD  Morningstar EM Crp 10% CN Cap GR USD
3-Yr Beta0.760.76
3-Yr Alpha-0.30-0.30
 
Fixed Income Style28/02/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 87
Maturity Distribution %
1 to 315.91
3 to 530.56
5 to 718.06
7 to 1017.45
10 to 153.47
15 to 200.72
20 to 303.53
Over 300.00
Effective Maturity5.67
Effective Duration3.89
Credit Quality Breakdown %     %
AAA-4.42   BB27.98
AA15.25   B4.85
A6.22   Below B0.00
BBB47.04   Not Rated3.08
 
Category: Global Emerging Markets Corporate Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond106.541.13105.41
Property0.000.000.00
Cash84.5089.91-5.41
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings133
Assets in Top 10 Holdings20.78
NameSectorCountry% of Assets
10 Year Treasury Note Future June 25United States7.74
Kasikornbank PCL Hong Kong Branch 5.275%Thailand1.58
Cathaylife Singapore Pte Ltd. 5.95%Taiwan1.56
Oversea-Chinese Banking Corporation L... Singapore1.56
Globe Telecom, Inc. 3%Philippines1.52
Bangkok Bank Public Company Limited (... Thailand1.41
Banco Bilbao Vizcaya Argentaria SA 6.5%Spain1.40
United Overseas Bank Ltd. 3.863%Singapore1.37
Pertamina Geothermal Energy Tbk 5.15%Indonesia1.35
Kingston Airport Revenue Finance Ltd.... Jamaica1.30
 
Increase Decrease New since last portfolio
Category: Global Emerging Markets Corporate Bond
 
Management
Name of CompanyAllianz Global Investors GmbH
Phone+49 (0) 69 2443-1140
Websitewww.allianzglobalinvestors.de
AddressBockenheimer Landstrasse 42-44
 Frankfurt am Main   60323
 Germany
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date15/05/2019
Fund Advisor(s)
Allianz Global Investors GmbH, UK Branch – London
Allianz Global Investors GmbH
Fund ManagerDavid Newman
Manager Start Date15/05/2019
Career Start Year1989
Education
Univ. College, London, B.A.
Cass Business School, M.B.A.
 
Biography
DAVID NEWMAN CIO Global High Yield 32 years’ industry experience analysing credit 11 years with Global Fixed Income team Number 1 ranked High Yield strategist and HY industrials analyst by Euromoney, Credit Magazine and Extel (2004)* Previously Managing Director, Head of Fixed Income Credit Research and Co-Head Credit Trading at Citigroup Prior to that, Head of High Yield Credit Research at UBS Lecturer at ISMA (now ICMA - International Capital Markets Association) MBA, Cass Business School, UK BA (Hons) in Geography, University College London, UK
Fund ManagerDaniel Ha
Manager Start Date31/03/2021
Education
HongKong University of Science and Technology, B.B.A.
Chiniese University of HongKong, M.B.A.
 
Biography
Daniel Ha, CFA Portfolio Manager & Trader 13 years’ industry experience 6 years with Global Fixed Income team Previously Portfolio Manager at Income Partners Asset Management MBA, Chinese University of Hong Kong, HK BA in Business Administration, Hong Kong University of Science and Technology, HK
Fund ManagerGiulia Pellegrini
Manager Start Date31/03/2021
 
Biography
Giulia Pellegrini Senior Emerging Market Portfolio Manager 14 years’ industry experience Joined the Global Fixed Income team in 2020 Previously Head of Sustainable EM Debt at BlackRock Prior to that, Sub-Saharan Africa Chief Economist & Strategist at JPMorgan Economist at the World Bank Began her career as an Economist in Nigeria’s Debt Management Office MSc Economics for Development, University of Oxford, St Antony’s College and PostGrad. Certificate Econometrics, BirkBeck, University of London, UK BSc Economics, School of Oriental & African Studies (SOAS), University of London, UK
Fund ManagerEoghan McDonagh
Manager Start Date31/03/2021
Career Start Year2006
 
Biography
Eoghan McDonagh Portfolio Manager 15 years’ industry experience 6 years with Global Fixed Income team Previously Trader at Eclectica Asset Management Prior to that, Market Maker in CEEMEA EMD at Credit Suisse BBLS in Business and Legal Studies, University College Dublin, Ireland
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.82%
Ongoing Charge0.58%
Purchase Details
Minimum Investments
Initial10000000  USD
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo