| Morningstar Fund Report | 03/04/2025 |  |
Allianz Strategic Bond Fund A Inc |
| Performance History | 31/03/2025 |
| Growth of 1,000 (GBP) | Advanced Graph |
 | Fund | -8.5 | -18.1 | -4.2 | -6.6 | 2.3 |
| +/-Cat | -8.5 | -9.2 | -11.3 | -11.3 | 0.6 |
| +/-B’mrk | -6.7 | -4.6 | -10.0 | -9.5 | 1.1 |
 Morningstar Restructure Date:
21/06/2016 | ||||||
| Category: Global Flexible Bond - GBP Hedged | ||||||
| Category Benchmark: Morningstar Gbl Core Bd GR ... | ||||||
| Effective 21/06/2016, this fund's investment strategy changed to the extent that its record prior to that date is not relevant to its new format. Performance prior to that date is not shown. | ||||||
| Key Stats | ||
| NAV 02/04/2025 | GBX 129.97 | |
| Day Change | 0.08% | |
| Morningstar Category™ | Global Flexible Bond - GBP Hedged | |
| IA (formerly IMA) Sector | £ Strategic Bond | |
| ISIN | GB0031383408 | |
| Fund Size (Mil) 28/02/2025 | GBP 235.63 | |
| Share Class Size (Mil) 02/04/2025 | GBP 4.05 | |
| Max Initial Charge | - | |
| Ongoing Charge 31/01/2025 | 1.29% | |
| Investment Objective: Allianz Strategic Bond Fund A Inc |
| The investment objective of the Fund is to maximise total return, consistent with preservation of capital and prudent investment management, by aiming to outperform (net of fees) the Target Benchmark, the Bloomberg Global Aggregate Total Return (hedged into GBP) over a rolling three year period. The ACD aims to achieve the investment objective by investing directly in debt securities issued by corporate, government, supranational institutions and local regional agencies or by gaining exposure indirectly through the use of derivatives, as well as any other security. The Fund will invest internationally although at least 80 % of its assets shall be invested in Sterling denominated (or hedged back to Sterling) debt securities. |
| Returns | ||||||||||||||||
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| Management | ||
Manager Name Start Date | ||
Ranjiv Mann 03/06/2024 | ||
Luke Copley 03/06/2024 | ||
| Click here to see others | ||
Inception Date 03/03/2003 | ||
| Category Benchmark | |
| Fund Benchmark | Morningstar Benchmark |
| Bloomberg Global Aggregate TR Hdg GBP | Morningstar Gbl Core Bd GR Hdg GBP |
| Portfolio Profile for Allianz Strategic Bond Fund A Inc | 28/02/2025 |
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| Growth Of 1000 (GBP) | 31/03/2025 |
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| Effective 21/06/2016, this fund's investment strategy changed to the extent that its record prior to that date is not relevant to its new format. Performance prior to that date is not shown. | |||||||||
| Annual Returns (GBP) | 31/03/2025 | |||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 31/03 | |
| Price Return | 1.93 | 10.43 | 30.17 | -8.51 | -18.06 | -4.22 | -6.65 | 2.28 |
| +/- Category | 4.78 | 2.32 | 24.94 | -8.52 | -9.20 | -11.32 | -11.26 | 0.63 |
| +/- Category Index | 1.71 | 4.12 | 24.98 | -6.68 | -4.61 | -10.00 | -9.45 | 1.07 |
| % Rank in Category | 2 | 23 | 2 | 100 | 97 | 99 | 99 | 16 |
| Trailing Returns (GBP) | 02/04/2025 | ||
| Total Returns | +/- Category | +/- Category Index | |
| 1 Day | 0.08 | 0.03 | 0.09 |
| 1 Week | 1.25 | 1.06 | 0.51 |
| 1 Month | 0.50 | 0.69 | 0.70 |
| 3 Months | 2.38 | 0.61 | 1.02 |
| 6 Months | -2.30 | -3.07 | -2.48 |
| YTD | 2.59 | 0.82 | 1.17 |
| 1 Year | 0.43 | -4.89 | -4.59 |
| 3 Years Annualised | -6.79 | -8.92 | -7.10 |
| 5 Years Annualised | -4.64 | -7.45 | -4.02 |
| 10 Years Annualised | - | - | - |
| Category: Global Flexible Bond - GBP Hedged | |||
| Category Index: Morningstar Gbl Core Bd GR Hdg GBP | |||
| Quarterly Returns (GBP) | 31/03/2025 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2025 | 2.28 | - | - | - |
| 2024 | -4.36 | -1.69 | 4.04 | -4.57 |
| 2023 | 1.49 | -7.68 | -3.15 | 5.55 |
| 2022 | -6.71 | -4.48 | -4.83 | -3.40 |
| 2021 | -4.35 | 0.73 | -3.85 | -1.24 |
| 2020 | 12.32 | 11.81 | 0.66 | 2.98 |
| Morningstar Rating™(Relative to Category) | 28/02/2025 | ||||||||||||||||||||
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| Category : Global Flexible Bond - GBP Hedged | Click here to see our Methodology | ||||||||||||||||||||
| Volatility Measurements | 31/03/2025 | ||||||||||
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| Modern Portfolio Statistics | 31/03/2025 | 31/03/2025 |
| Standard Index | Best Fit Index | |
| Morningstar Gbl Core Bd GR Hdg GBP | Morningstar Gbl Core Bd GR Hdg GBP | |
| 3-Yr Beta | 1.13 | 1.15 |
| 3-Yr Alpha | -6.81 | -7.44 |
| Fixed Income Style | 28/02/2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Asset Allocation | 28/02/2025 |
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| Top 10 Holdings | 28/02/2025 |
| Portfolio NEW | |
| Total Number of Equity Holdings | 0 |
| Total Number of Bond Holdings | 91 |
| Assets in Top 10 Holdings | 90.16 |
| Name | Sector | Country | % of Assets | ||
 Long Gilt Future June 25 |  | United Kingdom | 17.24 | ||
| 5 Year Treasury Note Future June 25 | | United States | 14.09 | ||
| 10 Year Treasury Note Future June 25 | | United States | 12.09 | ||
| Euro Bobl Future Mar 25 | | Germany | 11.46 | ||
| 2 Year Treasury Note Future June 25 | | United States | 10.75 | ||
| Euro Schatz Future Mar 25 | | Germany | 7.23 | ||
 Japan (Government Of) 1.6% | | Japan | 4.64 | ||
| Long-Term Euro BTP Future Mar 25 | | Italy | 4.55 | ||
| China (People's Republic Of) 1.91% | | China | 4.10 | ||
| Australia (Commonwealth of) 3.25% | | Australia | 4.01 | ||
Increase Decrease  New since last portfolio | |||||
| Category: Global Flexible Bond - GBP Hedged | |||||
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| Biography | |
| Ranjiv Mann is a Senior Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team. He joined the firm in 2016 following the acquisition and integration of Rogge Global Partners, which he joined in 2000. Ranjiv has over 30 years industry experience in macroeconomic research and sovereign strategy. Previously he was a Senior Economist at the Confederation of British Industry (CBI); Ranjiv was also responsible for preparing economic forecasts for the Chancellor of the Exchequer’s Panel of Independent Forecasters and Associate lecturer in Economics at Surrey University. Ranjiv holds an MA in Economics from the University of Manchester, UK, and he is a member of the Society of Business Economists. |
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| Fund Manager | Luke Copley |
| Manager Start Date | 03/06/2024 |
| Career Start Year | 2011 |
| Education |
| Royal College of Science, M.Sc |
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| Biography | |
| Luke Copley is a Senior Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team. Luke has over 13 years of investment industry experience. Luke joined the firm in 2016 following the acquisition and integration of Rogge Global Partners, which he joined in 2013. Luke is responsible for managing global government, global aggregate and absolute return fixed-income strategies. Prior to moving into a Portfolio Management role, Luke was Head of Fixed Income Sovereign & Aggregate Product Specialists, working closely with the Global Markets CIO and clients on investment strategy, portfolio reviews and the design of customized mandates for institutional investors. Luke originally joined the Rogge team as a Generalist Portfolio Manager in 2013. Prior to this Luke was as an Investment Consultant at Towers Watson. He holds a Chemistry Master’s degree and Associateship of the Royal College of Science; he is also a CFA charterholder and member of the CFA Society. |
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| Fund Manager | Filippo Novembri |
| Manager Start Date | 03/06/2024 |
| Career Start Year | 2019 |
| Education |
| LUISS University, B.Sc |
| London School of Economics, M.Sc |
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| Biography | |
| Filippo Novembri is an Associate Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team; he has five years of investment industry experience. Filippo joined the firm in 2019 as an Assistant Portfolio Manager in the LDI team, before joining the Core Fixed Income team in 2020 - initially focusing on portfolio structuring and monitoring for Global Fixed Income portfolios. In 2022, Filippo was promoted to Associate Portfolio Manager, responsible for Global Markets team portfolios. Prior to joining AllianzGI, Filippo worked as Fixed Income Data Analyst for consulting company Capgemini. Filippo holds a BSc in Economics from LUISS University and a MSc in Finance from the London School of Economics; he is also a CFA charterholder and member of the CFA Society. |
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| Fund Manager | Julian Le Beron |
| Manager Start Date | 03/06/2024 |
| Career Start Year | 1997 |
| Education |
| London School of Economics, B.Sc |
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| Biography | |
| Julian Le Beron leads the Core Fixed Income team and is a voting member on the Global Investment Council at Allianz Global Investors; he joined the firm in 2016 following the acquisition and integration of Rogge Global Partners, which he joined in 2011. Within Core Fixed Income, Julian oversees the global government, global aggregate and absolute fixed-income strategies and has responsibility for two investment teams: Global Markets and European Fixed Income. He has 27 years of investment-industry experience. While working at Rogge Global Partners, Julian was Head of Developed Markets focusing on global government and global aggregate fixed-income strategies. Before that, he was a global government bond portfolio manager at J.P. Morgan Asset Management. Julian has a B.Sc. in management from The London School of Economics and Political Science. He is a CFA charterholder and a member of the CFA Society of the UK. |
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| Fund Manager | Gaurav Saroliya |
| Manager Start Date | 01/07/2024 |
| Career Start Year | 2004 |
| Education |
| York University, Ph.D. |
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| Biography | |
| Gaurav joined AllianzGI in July 2021 as a portfolio manager in Macro Unconstrained fixed income. His main focus has been to help develop the team’s global macro views and develop new unconstrained global-macro strategies. He is currently part of the Global Markets team and acts as a deputy portfolio manager on some of the team’s funds. Gaurav has 20 years’ investment experience. Prior to joining AllianzGI, he was head of global macro strategy at Oxford Economics. Gaurav began his career managing absolute return fixed income strategies at Union Bancaire Privée. Gaurav has a PhD in Economics from York University. |
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| Fund Manager | Thomas Schwarz |
| Manager Start Date | 01/07/2024 |
| Education |
| University of Bonn, M.A. |
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| Biography | |
| Thomas Schwarz is an Associate Portfolio Manager in AllianzGI’s Core Fixed Income – Global Markets Team. He has three years of investment industry experience. Thomas joined the firm in 2021 as an intern with the Business Management Team in Tokyo focusing on data analysis and client reporting on Global Fixed Income portfolios – he speaks fluently in German and English, as well as business proficiency in Japanese. In 2023, Thomas joined the Global Markets Team as an Associate Portfolio Manager. Thomas holds two separate Master’s degrees in Economics from the University of Bonn and the Institut Polytechnique de Paris. |
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| Fund Manager | Daniel Schmidt |
| Manager Start Date | 01/07/2024 |
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| Biography | |
| Daniel Schmidt is an Associate Portfolio Manager. He joined the firm in September 2018 as an investment graduate in the firm's Global Graduate Program, focusing on fixed income and illiquid alternatives. Before joining Allianz Global Investors, he was an analyst in the corporate development team at a commodities trading house in Hamburg for two years, and also has experience in commodities trading as a trading analyst. Daniel holds a Masters degree from Cass Business School. |
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