Morningstar® Fund Report™
Allianz Global Opportunistic Bond Fund (RMB-Hedge)
Performance History 31/03/2025
Growth of 1,000(CNY) Advanced Graph
Fund - - - -3.45 2.15
+/-Cat - - - -4.00 -
+/-Idx - - - - -
Category: Other Bond
Index: -
Trailing Returns 24/04/2025
Fund +/-Idx
YTD 1.98 -
3 Years - -
5 Years - -
10 Years - -
12 Month Yield -
Dividend Paying Frequency Monthly
Key Stats
Morningstar Category
Other Bond
Morningstar Rating™
Not Rated
ISIN
LU2556244668
NAV 24/04/2025
CNY 9.3018
Day Change
0.03%
Total Net Assets (mil)
24/04/2025
USD 606.57
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Filippo Novembri
Ranjiv Mann
Luke Copley
Julian Le Beron
Inception Date
03/01/2023
Benchmark
Fund Benchmark
Secured Overnight Financing Rate(SOFR)
Morningstar® Benchmark
-
Investment strategy
Long-term capital growth and income by investing in global Bond Markets. As part of the investment process, the Investment Manager applies an opportunistic approach, which provides in particular that a spectrum of macro and credit opportunities are accessed.
Portfolio Profile 31/03/2025
Morningstar Style Box®_Morningstar:
Fixed Income Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 0.00 0.00 0.00
Bonds 110.18 46.64 63.54
Cash 102.28 65.83 36.45
Other 0.01 0.00 0.01
Top 5 Holdings %
Long Gilt Future June 25 11.20
United States Treasury Notes 4.125% 8.59
United States Treasury Notes 1.375% 6.68
US TREASURY N/B FIX 4.250% 15.11.2034 6.59
United Kingdom of Great Britain and Northern Ireland 4.375% 5.52
Fixed Income
Effective Maturity (Y) 3.61
Effective Duration 3.25
Average Credit Quality -

Price Chart

  • Allianz Global Opportunistic Bond Fund (RMB-Hedge)
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
Fund: Allianz Global Opportunistic Bond Fund (RMB-Hedge)
Index: Please select ...
Annual Returns 31/03/2025
2018 2019 2020 2021 2022 2023 2024 2025
Total Return - - - - - - -3.45 2.15
+/- Category - - - - - - -4.00 -
+/- Index - - - - - - - -
% Rank (Rel to Cat) - - - - - - - -
Trailing Returns 24/04/2025
Total Return +/- Category +/- Index
1 Day 0.03 0.23 -
1 Week 0.44 -0.31 -
1 Month 0.11 2.36 -
3 Months 1.26 5.56 -
6 Months 0.23 9.25 -
YTD 1.98 6.26 -
1 Year 1.83 13.22 -
3 Years - - -
5 Years - - -
10 Years - - -
Quarterly Returns 31/03/2025
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2025 2.15 - - -
2024 -1.59 -1.07 1.87 -2.64
2023 - -1.80 -2.27 4.78
2022 - - - -
Dividend 24/04/2025
12 Month Yield -
2025 0.10
2024 0.28
2023 0.33
2022 -
Morningstar Rating™                 Relative to Category -
3-Year Not Rated
5-Year Not Rated
10-Year Not Rated
Overall Not Rated
Volatility Measurements -
3-Yr Volatility -%   3-Yr Sharpe Ratio -
3-Yr Mean Return -%
Fixed Income Style 31/03/2025
Morningstar Style Box®_Morningstar:
Fixed Income Style
Maturity Distribution %
1 To 3 2.11
3 To 5 6.41
5 To 7 16.67
7 To 10 46.35
10 To 15 3.99
15 To 20 0.02
20 To 30 12.08
Over 30 0.00
Effective Maturity (Y) 3.61
Effective Duration 3.25
Average Credit Quality -
Credit Quality Breakdown % %
AAA -41.93 BB 9.94
AA 72.29 B 0.56
A 29.05 BelowB 0.39
BBB29.70 Not Rated 0.00
AssetAllocation 31/03/2025
Asset Allocation
% Long % Short % Net Assets
Stocks 0.00 0.00 0.00
Bonds 110.18 46.64 63.54
Cash 102.28 65.83 36.45
Other 0.01 0.00 0.01
Top 10 Holdings 31/03/2025
Portfolio
Total Number of Equity Holdings 0
Total Number of Bond Holdings 87
Assets in Top 10 Holdings % 43.40
Product Name Sector Country/Region % of Assets
Long Gilt Future June 25 United Kingdom 11.20
United States Treasury Notes 4.125% United States 8.59
United States Treasury Notes 1.375% United States 6.68
US TREASURY N/B FIX 4.250% 15.11.2034 United States 6.59
United Kingdom of Great Britain and Northern Ireland 4.375% United Kingdom 5.52
10 Year Treasury Note Future June 25 United States 4.81
Management Team
CompanyName Allianz Global Investors GmbH
Phone +49 (0) 69 2443-1140
Website www.allianzglobalinvestors.de
Address Bockenheimer Landstrasse 42-44



 
Domicile LUX
Legal Structure SICAV
UCITS Yes
Inception Date 03/01/2023
Fund Advisor(s)
Allianz Global Investors GmbH, UK Branch
Fund Manager   Filippo Novembri
Manager Start Date   30/05/2023
Education  
LUISS University
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.
Fund Manager   Ranjiv Mann
Manager Start Date   25/07/2022
Education  
University of Manchester
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.
Fund Manager   Luke Copley
Manager Start Date   25/07/2022
Education  
Royal College of Science
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.
Fund Manager   Julian Le Beron
Manager Start Date   01/10/2018
Education  
London School of Economics
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.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee 1.00%
Annual Charge
Management (Max) 1.14%

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