Morningstar® Fund Report™|04/04/2026
Allianz All China Equity Fund (USD)
Performance History 31/03/2026
Growth of 1,000(USD)
Fund -29.74 -20.67 10.56 39.39 -5.16
+/-Cat -4.54 -5.05 -1.73 8.52 0.93
+/-Idx -9.32 -10.67 -7.19 8.43 2.85
Category: China Equity
Index: Morningstar China Target Market Exposure NR USD
Trailing Returns 02/04/2026
Fund +/-Idx
YTD -3.60 3.18
3 Years 16.88 -6.16
5 Years -25.09 -3.80
10 Years - -
12 Month Yield 0.00
Dividend Paying Frequency -
Key Stats
Morningstar Category
China Equity
Morningstar Rating™
ISIN
LU1720050803
NAV 02/04/2026
USD 13.1396
Day Change
-1.21%
Total Net Assets (mil)
31/03/2026
USD  794.77
Front Load Fee(Max)
3.00%
Deferred Load Fee
-
Manager Name
Kevin You
Shao Ping Guan
Inception Date
05/12/2017
Benchmark
Fund Benchmark
MSCI China All Shares NR USD
Morningstar® Benchmark
Morningstar China Target Market Exposure NR USD
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 28/02/2026
Morningstar Style Box®_Morningstar:
Equity Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 97.83 0.00 97.83
Bonds 0.00 0.00 0.00
Cash 4.58 2.41 2.17
Other 0.00 0.00 0.00
Top 5 Regions %
Asia - Emerging 94.56
Asia - Developed 5.44
United States 0.00
Canada 0.00
Latin America 0.00
Top 5 Sectors %
Financial Services 16.64
Consumer Cyclical 16.48
Technology 15.44
Industrials 13.50
Communication Services 10.51
Top 5 Holdings Sector %
Tencent Holdings Ltd Communication Services Communication Services 7.96
Alibaba Group Holding Ltd Ordinary Shares Consumer Cyclical Consumer Cyclical 7.67
Zijin Mining Group Co Ltd Class H Basic Materials Basic Materials 3.82
China Construction Bank Corp Class H Financial Services Financial Services 3.64
Ping An Insurance (Group) Co. of China Ltd Class A Financial Services Financial Services 2.55
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
UPDATE
Fund: Allianz All China Equity Fund (USD)
Index: Please select ...
Annual Returns 31/03/2026
2019 2020 2021 2022 2023 2024 2025 2026
Total Return 47.55 60.17 -13.47 -29.74 -20.67 10.56 39.39 -5.16
+/- Category 23.05 21.99 2.12 -4.54 -5.05 -1.73 8.52 0.93
+/- Index 23.67 30.16 8.35 -9.32 -10.67 -7.19 8.43 2.85
% Rank (Rel to Cat) 2 14 34 80 82 58 11 58
Trailing Returns 02/04/2026
Total Return +/- Category +/- Index
1 Day -1.21 -0.10 -0.34
1 Week 0.36 -0.33 -0.24
1 Month -6.43 -0.05 -1.67
3 Months -3.60 3.15 5.41
6 Months -8.41 2.70 5.84
YTD -3.60 1.69 3.18
1 Year 21.46 11.11 15.75
3 Years 16.88 4.83 -6.16
5 Years -25.09 3.80 -3.80
10 Years - - -
Quarterly Returns 31/03/2026
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2026 -5.16 - - -
2025 10.46 2.77 29.24 -4.99
2024 -3.09 4.21 18.97 -7.98
2023 0.83 -11.80 -5.44 -5.66
Dividend 02/04/2026
12 Month Yield 0.00
Morningstar Rating™ 28/02/2026
3-Year
5-Year
10-Year Not Rated
Overall
Volatility Measurements 31/03/2026
1-Yr Volatility 21.33%   3-Yr Volatility 23.22%
1-Yr MaximumDrawdown -10.18% 3-Yr MaximumDrawdown -30.67%
1 Yr Sharpe Ratio 0.76 3-Yr Sharpe Ratio 0.10
3-Yr Mean Return 0.60%
Investment Style Details 28/02/2026
Morningstar Style Box®_Morningstar:
Equity Style
Size Rel to Cat
Average Mkt Cap (Mil) USD 67583.2 0.00
Market Capitalisation % Of Equity
Giant 65.68
Large 25.93
Medium 3.80
Small 0.52
Micro 0.00
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 16.79 0.00
Price/Book 2.29 0.00
Price/Sales 0.34 0.00
Price/Cash Flow 14.43 0.00
Dividend-Yield Factor 1.78 0.00
Long-Term Projected Earnings Growth 9.06 0.00
Historical Earnings Growth 10.37 0.00
Sales Growth 6.33 0.00
Cash-Flow Growth 8.55 0.00
Book-Value Growth 9.74 0.00
AssetAllocation 28/02/2026
Asset Allocation
% Long % Short % Net Assets
Stocks 97.83 0.00 97.83
Bonds 0.00 0.00 0.00
Cash 4.58 2.41 2.17
Other 0.00 0.00 0.00
World Regions 28/02/2026
% Of Equity Relative to Category
United States 0.00 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 5.44 0.00
Asia - Emerging 94.56 0.00
Emerging Market 94.56 0.00
Developed Country 5.44 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 28/02/2026
% Of Equity Relative to Category
CyclicalCyclical 43.16 -
Basic MaterialsBasic Materials 8.69 -
Consumer CyclicalConsumer Cyclical 16.48 -
Financial ServicesFinancial Services 16.64 -
Real EstateReal Estate 1.35 -
Sensitive 43.06 -
Communication ServicesCommunication Services 10.51 -
EnergyEnergy 3.61 -
IndustrialsIndustrials 13.50 -
TechnologyTechnology 15.44 -
DefensiveDefensive 10.73 -
Consumer DefensiveConsumer Defensive 4.37 -
HealthcareHealthcare 5.74 -
UtilitiesUtilities 0.62 -
Top 10 Holdings 28/02/2026
Portfolio
Total Number of Equity Holdings 85
Total Number of Bond Holdings 0
Assets in Top 10 Holdings % 37.22
Product Name Sector Country/Region % of Assets
Tencent Holdings Ltd Communication Services Communication Services China 7.96
Alibaba Group Holding Ltd Ordinary Shares Consumer Cyclical Consumer Cyclical China 7.67
Zijin Mining Group Co Ltd Class H Basic Materials Basic Materials China 3.82
China Construction Bank Corp Class H Financial Services Financial Services Hong Kong 3.64
Ping An Insurance (Group) Co. of China Ltd Class A Financial Services Financial Services China 2.55
Sieyuan Electric Co Ltd Class A Industrials Industrials China 2.47
Industrial And Commercial Bank Of China Ltd Class H Financial Services Financial Services China 2.45
Contemporary Amperex Technology Co Ltd Class A Industrials Industrials China 2.42
Yantai Jereh Oilfield Services Group Co Ltd Class A Energy Energy China 2.21
NAURA Technology Group Co Ltd Class A Technology Technology China 2.04
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 05/12/2017
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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