Allianz Emerging Markets Equity Fund A Acc


Buy/Sell Price  (as of 22/06/2018) £2.1725   Day Change :  -0.40%     Fund Code:  DSBRC 

Important documents Before investing please ensure that you have read the Fidelity Key Features Document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found by clicking on the 'Important documents' link.

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Biography

Mr. Ghosh is a senior portfolio manager and a managing director with Allianz Global Investors, which he joined in 2006. He is head of the Systematic team. Mr. Ghosh was previously a research associate and portfolio manager for Barclays Global Investors, where he built and implemented models for portfolio management. Before that, Mr. Ghosh was a quantitative analyst for the Cayuga Hedge Fund. He has a B.Tech. from the Indian Institute of Technology, an M.S. in material engineering from the University of British Columbia and an M.B.A. from Cornell University.

Biography

Ms. Yu is a portfolio manager and a managing director with Allianz Global Investors, which she joined in 2003. She has portfolio-management and research responsibilities for the Systematic team. Ms. Yu was previously a risk analyst for Provident Advisors LLC. Ms. Yu has a B.S. from Nanjing University, China, and an M.S. from the University of Southern California and the National University of Singapore. She is a CFA charterholder and was formerly president of the CFA Society San Diego.
Investment HouseAllianz
Fund ProviderAllianz Global Investors GmbH
ManagerKunal Ghosh   Biography
ManagerLu Yu   Biography

Fund Objective The Allianz Emerging Markets Equity Fund aims to achieve capital growth in the long term by investing mainly in the equity markets of countries which are represented in the MSCI Emerging Markets Index (each an "Emerging Market Country" and together "Emerging Market Countries"). The ACD will invest at least 80% of the Fund?s assets in equities and securities equivalent to equities (e.g. American Depositary Receipts, Global Depositary Receipts, equity linked notes etc.) in the equity markets of Emerging Market Countries. The following may also be acquired and counted towards the 80% limit; warrants, index certificates, certificates on adequately diversified equity baskets that apply to at least 10 equities and other transferable securities. Up to 30% of the Fund?s assets may be invested into the Chinese A-Shares market either directly via Stock Connect or indirectly through all eligible instruments, as set out in the Fund?s investment policy. Up to 20% of the Fund?s assets may be invested outside Emerging Market Countries (as defined above) including developed economies and / or other Non-Developed Countries. The ACD may also utilise deposits and money market instruments in the management of the portfolio and their value, together with money market funds may make up to a maximum of 20% of the Fund?s assets. The Fund may also invest up to a maximum of 10% of the Fund?s assets in collective investment schemes.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B0WDH725
12-Month NAV High £2.36
12-Month NAV Low £2.01
Fund Comparative Index -
Morningstar CategoryTMGlobal Emerging Markets Equity
Dividend FrequencyYearly
Historic Yield0.97%

Annual Charges

Morningstar ratings

 as of  31/08/2016
OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

One or more funds cannot be shown as they have less than one year of performance data.

Growth of £1000 Help

 as of  22/06/2018

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
1.4710.61-4.233.242.53
Important Information

The value of the fund and the income from it can go down as well as up so you may get back less than you invested. If your fund invests in overseas markets, changes in currency exchange rates may affect the value of your investment. If your fund invests in small and emerging markets, these can be more volatile than other more developed markets. Past performance is not a guide to future returns.
For funds that invest in bonds, please be aware that the price of bonds is influenced by movements in interest rates, changes in the credit rating of bond issuers, and other factors such as inflation and market dynamics. In general, as interest rates rise the price of a bond will fall. The risk of default is based on the issuer's ability to make interest payments and to repay the loan at maturity. Default risk may therefore vary between different government issuers as well as between different corporate issuers.

 Some of the performance and risk data presented may start before the share class was launched. If so, the data prior to the launch date of the share class is based on the fund or share class that has similar or higher charges, in order to provide an indication of longer term performance and risk. Please refer to the launch date and performance start date in the fund factsheet to determine whether the data has been extended.Past Performance and Risk & Volatility figures are presented in British Pounds Sterling (GBP). Fund returns are calculated on a Nav to Nav or Bid to Bid basis with income reinvested either after tax (for UK-domiciled funds) or gross of tax (for offshore funds). Performance figures include the effect of the OCF/TER. To cover distribution costs a separate service fee is now also charged on most funds, which is not included in the past performance figures. Consequently the past performance of the fund may be less than that shown on the chart due to the effect of the service fee.

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