Allianz Strategic Bond Fund C Inc


Buy/Sell Price  (as of 23/09/2016) £1.5621   Day Change :  0.32%     Fund Code:  DSSTI 

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

Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has started to engage in fixed income since 2000 and worked with M&G in London since 2003. Prior to that at Premier Asset Management. As well as depth of experience, Mikes experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.
Investment HouseAllianz
Fund ProviderAllianz Global Investors GmbH
ManagerMike Riddell   Biography

Fund Objective The Fund aims to maximise total return primarily through investment directly in debt securities or by gaining exposure indirectly through the use of derivatives. 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. Investors should be aware that the Funds capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all. We may invest in treasury bills, certificates of deposit, medium term notes, private placements, structured notes, preference shares, convertible bonds, gilts, investment grade and below investment grade bonds, bonds of emerging markets issuers, agency bonds and asset or mortgage backed securities or floating rate notes, deposits, derivatives, collective investment schemes and other money market instruments. We may invest up to 50% of the funds assets in high yield securities and unrated securities of similar credit quality. More than 35% of the value of the property of the Fund may be invested in Government and public securities issued or guaranteed by the following states: the UK, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden and Switzerland. The Fund may use derivative instruments such as futures, options, options on swaps, swap agreements (e.g. interest rate swaps, credit default swaps and index swaps) and currency forward contracts. The Fund may use the derivative instruments listed above for hedging purposes and/or for investment purposes, which may be up to a significant degree.

Key Statistics

Fund Status
Fund TypeOEIC
ISINGB00B06T9362
12-Month NAV High £1.58
12-Month NAV Low £1.45
Fund Comparative IndexBarclays Global Aggregate TR Hdg GBP
Morningstar CategoryTMGlobal Flexible Bond - GBP Hedged
Dividend FrequencyTwice Yearly
Distribution Yield1.39%
Underlying Yield1.39%

Annual Charges

Morningstar ratings

 as of  31/07/2016
OverallN/A
3 YearsN/A
5 YearsN/A
10 YearsN/A

Growth of £1000 Help

 as of  23/09/2016

Past Performance (%) Help

as of 

This Fund

     
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Fund versus Morningstar Category

     
4.17-0.88-0.782.394.46
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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