Allianz Euro High Yield Bond - IM (H2-USD) - USD
LU2223788428
Allianz Euro High Yield Bond - IM (H2-USD) - USD/ LU2223788428 /
NAV2024-04-30 |
Chg.+0.5400 |
Type of yield |
Investment Focus |
Investment company |
938.1600USD |
+0.06% |
paying dividend |
Bonds
Worldwide
|
Allianz Gl.Investors ▶ |
Investment strategy
Long-term capital growth by investing in high yield rated Debt Securities denominated in EUR in accordance with the Sustainability Key Performance Indicator Strategy (Relative) ("KPI Strategy (Relative)"). In this context, the aim is to outperform the Sub-Fund"s Sustainability KPI compared to Sub-Fund"s Benchmark to achieve the investment objective. The Sub-Fund follows the KPI Strategy (Relative) and promotes responsible investments by applying a sustainability key performance indicator ("Sustainability KPI") to provide transparency on the measurable sustainability outcome pursued by the Sub-Fund"s Investment Manager for the shareholders. Minimum exclusion criteria for direct investments are applied.
Min. 70% of Sub-Fund assets are invested in High-Yield bonds as described in the investment objective and in accordance with the KPI Strategy (Relative). Max. 30% of Sub-Fund assets may be invested in Debt Securities other than described in the investment objective in accordance with the KPI Strategy (Relativ). Sub-Fund's Sustainbility KPI is the "Weighted Average GHG Intensity (Sales)" which is the weighted average of the GHG intensity (in tCO2e per Millions of sales) of Sub-Fund's portfolio. Sub-Fund"s investment objective shall be achieved by a minimum outperformance of 20% of the Weighted Average GHG Intensity (Sales) of Sub-Fund's portfolio compared to the Weighted Average GHG Intensity (Sales) of Sub-Fund"s Benchmark. Max. 15% of Sub- Fund assets may be invested in Emerging Markets. Max. 100% Sub-Fund assets may be held in deposits and/or may be invested directly in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds on a temporary basis for liquidity management and/or defensive purpose. Max. 10% of Sub-Fund assets may be invested in UCITS and/or UCI. Max. 10% non-EUR Currency Exposure. Duration of Sub-Fund assets should be between 1 and 9 years. We manage this Sub-Fund in reference to a Benchmark which plays a role for the Sub-Fund"s performance objectives and measures. We follow an active management approach with the aim to outperform the Benchmark. Although our deviation from the investment universe, weightings and risk characteristics of the Benchmark is likely to be material in our own discretion, the majority of the Sub-Fund's investments (excluding derivatives) may consist of components of the Benchmark.
Investment goal
Long-term capital growth by investing in high yield rated Debt Securities denominated in EUR in accordance with the Sustainability Key Performance Indicator Strategy (Relative) ("KPI Strategy (Relative)"). In this context, the aim is to outperform the Sub-Fund"s Sustainability KPI compared to Sub-Fund"s Benchmark to achieve the investment objective. The Sub-Fund follows the KPI Strategy (Relative) and promotes responsible investments by applying a sustainability key performance indicator ("Sustainability KPI") to provide transparency on the measurable sustainability outcome pursued by the Sub-Fund"s Investment Manager for the shareholders. Minimum exclusion criteria for direct investments are applied.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Corporate Bonds |
Benchmark: |
ICE BOFAML BB-B Euro High Yield Constrained (in EUR) |
Business year start: |
10-01 |
Last Distribution: |
2024-04-15 |
Depository bank: |
State Street Bank International GmbH - Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Luxembourg |
Fund manager: |
Vincent Marioni |
Fund volume: |
163.18 mill.
EUR
|
Launch date: |
2020-10-16 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.60% |
Minimum investment: |
4,000,000.00 USD |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Allianz Gl.Investors |
Address: |
Bockenheimer Landstraße 42-44, 60323, Frankfurt am Main |
Country: |
Germany |
Internet: |
www.allianzgi.com
|
Assets
Bonds |
|
99.99% |
Derivative |
|
0.01% |
Countries
France |
|
21.14% |
Italy |
|
13.20% |
Spain |
|
11.81% |
Germany |
|
8.45% |
Netherlands |
|
7.91% |
United States of America |
|
6.76% |
United Kingdom |
|
5.30% |
Luxembourg |
|
3.48% |
Portugal |
|
3.03% |
Israel |
|
2.92% |
Sweden |
|
2.73% |
Mexico |
|
2.00% |
Greece |
|
1.95% |
Austria |
|
1.84% |
Belgium |
|
1.52% |
Others |
|
5.96% |