Allianz Advanced Fixed Income Euro
LU2849613745
EUR bond fund focusing on high-grade issuers
P12 (EUR)
Shareclass
-
A (EUR)
-
AT (EUR)
-
C2 (EUR)
-
CT (EUR)
-
P (EUR)
-
P12 (EUR)
-
RT (EUR)
-
RT (H2-CHF)
Allianz Advanced Fixed Income Euro
P12 (EUR)
Shareclass
-
A (EUR)
-
AT (EUR)
-
C2 (EUR)
-
CT (EUR)
-
P (EUR)
-
P12 (EUR)
-
RT (EUR)
-
RT (H2-CHF)
Summary Risk Indicator
1
2
3
4
5
6
7
The Summary Risk Indicator (SRI) is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. The categorization of a product is not guaranteed and may change in the future. Even the lowest category 1 does not mean a risk-free investment.
Key Facts
WKN
|
A40GCU
|
---|---|
Benchmark
|
BLOOMBERG BARCLAYS EURO AGGREGATE 1-10 YEAR EUR UNHEDGED RETURN IN EUR
|
Article 8
|
|
Minimum proportion of Taxonomy-aligned investments
|
Yes
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Minimum proportion of sustainable investments
|
Yes
|
Consideration of principal adverse impacts (PAIs)
|
Yes
|
Currency
|
EUR
|
Shareclass Launch Date
|
31/07/2024
|
Company
|
Allianz Global Investors GmbH/Luxembourg
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Custodian Bank
|
State Street Bank International GmbH - Luxembourg Branch
|
Financial Year
|
30/09
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Regional EMU
|
|
Asset Class
|
Fixed Income
|
Umbrella
|
Allianz Global Investors Fund
|
Fund Launch Date
|
06/03/2012
|
NAV Calculation Frequency
|
Daily
|
Min. Investment
|
1.000.000
|
Fund manager

Ralf Jülichmanns
Since 15/03/2025
Fund objectives
The fund invests particularly in interest-bearing securities thus striving for an above-average long-term return measured against the government bond market in the eurozone. The fund promotes investments that take into consideration environmental, social and corporate governance criteria. Up to 20 % of the fund's assets may be invested in high-yield bonds. Emerging market bonds may also be acquired. The proportion of asset/mortgage-backed securities (ABS/MBS) is restricted to a maximum of 20 %. Foreign currency exposure exceeding 20 % of the fund's volume needs to be hedged against euros.
Opportunities
- Interest income on bonds, capital gains opportunities on declining interest rates
- Additional return potential of bonds from non-governmental issuers
- Broad diversification across numerous securities
- Focus on sustainable investments
- Possible extra returns through single security analysis and active management
- Hedging of most foreign-currency exposure
Risks
- Interest rates vary, bonds suffer price declines on rising interest rates
- Bonds from non-governmental issuers entail higher risk of volatility and capital loss than public bonds
- Sustainability approach narrows the investment universe
- Limited participation in the yield potential of single securities
- Success of single security analysis and active management not guaranteed
- Limited currency influence possible