Morningstar® Fund Report™|18/07/2025
Allianz All China Equity Fund (RMB-Hedge)
Performance History 30/06/2025
Growth of 1,000(CNY)
Fund -11.66 -30.41 -23.38 7.28 12.01
+/-Cat 3.93 -5.20 -7.76 -5.02 -
+/-Idx - - - - -
Category: Other Equity
Index: -
Trailing Returns 17/07/2025
Fund +/-Idx
YTD 17.05 -
3 Years -15.41 -
5 Years -24.02 -
10 Years - -
12 Month Yield 0.00
Dividend Paying Frequency -
Key Stats
Morningstar Category
Other Equity
Morningstar Rating™
Not Rated
ISIN
LU1794554631
NAV 17/07/2025
CNY 10.1505
Day Change
0.83%
Total Net Assets (mil)
30/06/2025
CNY  508.16
Front Load Fee
3.00%
Deferred Load Fee
-
Manager Name
Kevin You
Shao Ping Guan
Inception Date
13/04/2018
Benchmark
Fund Benchmark
MSCI China All Shares NR USD
Morningstar® Benchmark
-
Investment strategy
Long-term capital growth by investing in onshore and offshore Equity Markets of the PRC, Hong Kong, and Macau in accordance with E/S characteristics.
Portfolio Profile 31/05/2025
Morningstar Style Box®_Morningstar:
Equity Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 96.89 0.00 96.89
Bonds 0.00 0.00 0.00
Cash 3.40 0.29 3.11
Other 0.00 0.00 0.00
Top 5 Regions %
Asia - Emerging 96.59
Asia - Developed 1.79
United States 1.62
Canada 0.00
Latin America 0.00
Top 5 Sectors %
Consumer Cyclical 23.98
Financial Services 18.94
Technology 13.58
Communication Services 11.21
Industrials 7.63
Top 5 Holdings Sector %
Tencent Holdings Ltd Communication Services Communication Services 9.55
Alibaba Group Holding Ltd Ordinary Shares Consumer Cyclical Consumer Cyclical 8.41
China Construction Bank Corp Class H Financial Services Financial Services 4.68
Xiaomi Corp Class B Technology Technology 4.39
Industrial And Commercial Bank Of China Ltd Class H Financial Services Financial Services 2.98
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
Fund: Allianz All China Equity Fund (RMB-Hedge)
Index: Please select ...
Annual Returns 30/06/2025
2018 2019 2020 2021 2022 2023 2024 2025
Total Return - 47.30 61.13 -11.66 -30.41 -23.38 7.28 12.01
+/- Category - 22.80 22.94 3.93 -5.20 -7.76 -5.02 -
+/- Index - - - - - - - -
% Rank (Rel to Cat) - - - - - - - -
Trailing Returns 17/07/2025
Total Return +/- Category +/- Index
1 Day 0.83 1.18 -
1 Week 3.92 6.18 -
1 Month 5.90 11.51 -
3 Months 16.06 22.00 -
6 Months 20.20 32.87 -
YTD 17.05 22.38 -
1 Year 24.00 42.52 -
3 Years -15.41 6.27 -
5 Years -24.02 5.70 -
10 Years - - -
Quarterly Returns 30/06/2025
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2025 10.10 1.74 - -
2024 -3.84 3.73 17.77 -8.68
2023 0.04 -12.62 -6.57 -6.19
2022 -16.62 0.55 -20.54 4.46
Dividend 17/07/2025
12 Month Yield 0.00
Morningstar Rating™ -
3-Year Not Rated
5-Year Not Rated
10-Year Not Rated
Overall Not Rated
Volatility Measurements 30/06/2025
1-Yr Volatility 24.38%   3-Yr Volatility 27.00%
1-Yr MaximumDrawdown -12.51% 3-Yr MaximumDrawdown -47.85%
1 Yr Sharpe Ratio 0.83 3-Yr Sharpe Ratio -0.24
3-Yr Mean Return -0.45%
Investment Style Details 31/05/2025
Morningstar Style Box®_Morningstar:
Equity Style
Size Rel to Cat
Average Mkt Cap (Mil) USD 73336.68 0.00
Market Capitalisation % Of Equity
Giant 73.07
Large 17.09
Medium 1.79
Small 1.57
Micro 0.00
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 14.33 0.00
Price/Book 1.96 0.00
Price/Sales 0.40 0.00
Price/Cash Flow 11.95 0.00
Dividend-Yield Factor 2.70 0.00
Long-Term Projected Earnings Growth 6.39 0.00
Historical Earnings Growth 7.99 0.00
Sales Growth 3.83 0.00
Cash-Flow Growth 10.75 0.00
Book-Value Growth 6.31 0.00
AssetAllocation 31/05/2025
Asset Allocation
% Long % Short % Net Assets
Stocks 96.89 0.00 96.89
Bonds 0.00 0.00 0.00
Cash 3.40 0.29 3.11
Other 0.00 0.00 0.00
World Regions 31/05/2025
% Of Equity Relative to Category
United States 1.62 0.00
Canada 0.00 0.00
Latin America 0.00 0.00
United Kingdom 0.00 0.00
Eurozone 0.00 0.00
Europe - ex Euro 0.00 0.00
Europe - Emerging 0.00 0.00
Africa 0.00 0.00
Middle East 0.00 0.00
Japan 0.00 0.00
Australasia 0.00 0.00
Asia - Developed 1.79 0.00
Asia - Emerging 96.59 0.00
Emerging Market 96.59 0.00
Developed Country 3.41 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 31/05/2025
% Of Equity Relative to Category
CyclicalCyclical 48.25 -
Basic MaterialsBasic Materials 3.69 -
Consumer CyclicalConsumer Cyclical 23.98 -
Financial ServicesFinancial Services 18.94 -
Real EstateReal Estate 1.64 -
Sensitive 34.26 -
Communication ServicesCommunication Services 11.21 -
EnergyEnergy 1.85 -
IndustrialsIndustrials 7.63 -
TechnologyTechnology 13.58 -
DefensiveDefensive 14.38 -
Consumer DefensiveConsumer Defensive 7.04 -
HealthcareHealthcare 5.79 -
UtilitiesUtilities 1.55 -
Top 10 Holdings 31/05/2025
Portfolio
Total Number of Equity Holdings 68
Total Number of Bond Holdings 0
Assets in Top 10 Holdings % 42.54
Product Name Sector Country/Region % of Assets
Tencent Holdings Ltd Communication Services Communication Services China 9.55
Alibaba Group Holding Ltd Ordinary Shares Consumer Cyclical Consumer Cyclical China 8.41
China Construction Bank Corp Class H Financial Services Financial Services China 4.68
Xiaomi Corp Class B Technology Technology China 4.39
Industrial And Commercial Bank Of China Ltd Class H Financial Services Financial Services China 2.98
China Merchants Bank Co Ltd Class H Financial Services Financial Services China 2.95
Kweichow Moutai Co Ltd Class A Consumer Defensive Consumer Defensive China 2.91
Zijin Mining Group Co Ltd Class H Basic Materials Basic Materials China 2.42
Meituan Class B Consumer Cyclical Consumer Cyclical China 2.30
Contemporary Amperex Technology Co Ltd Class A Industrials Industrials China 1.95
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 13/04/2018
Fund Advisor(s)
Allianz Global Investors Asia Pacific Li
Fund Manager   Kevin You
Manager Start Date   01/07/2023
Education  
Biography  
Fund Manager   Shao Ping Guan
Manager Start Date   01/07/2023
Education  
Biography  
Mr. Guan is head of the China Equity team and portfolio manager of GSAM China Equity strategies. He joined the Goldman Sachs Asset Management, L.P. in in October 2008.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee 1.00%
Annual Charge
Management (Max) 2.25%

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