Allianz Global Investors - Allianz Oriental Income

The Allianz Oriental Income invests in equities and bonds from Asia-Pacific. The fund aims for high return potential over the long term by focusing on stocks within the region, particularly in developing countries. The fund’s flexible allocation strategy allows for optimal exploitation of market opportunities. Additionally, the fund ensures broad diversification across numerous securities.

Key Information

Investment Category Asia Equity
ISIN / Bloomberg Ticker LU2325213093 / ALAOIIE LX
Benchmark Index MSCI AC Asia Pacific Total Return (NET) in EUR
Inception Date (Share Class) 13. April 2021
Assets Under Management (AUM; share class) 3,599 mn EUR*
Ongoing Charge 0.97%
All In Fee p.a. 0.95%

*as of 22. April 2024

Strategy

The fund invests at least 50% of its assets in stocks, of which at least 80% must be stocks of
companies in the Asia-Pacific region. In addition, the fund may invest the remainder of its assets
in bond markets.

Performance

1 Year (Fund / Benchmark) 14.32% / 12.41%
3 Years (Fund / Benchmark) 9.10% / 1.53%
5 Years (Fund / Benchmark) 95.04% / 29.36%

All performance data since 03. October 2008 (fund inception date); as of 31. March 2024

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Portfolio

The Allianz Oriental Income has 62 holdings in its portfolio. 98.1% are in equities, 1.9% in cash.

The fund is overweight in Information Technology 42.2% (benchmark 20.6%), Industrials (23.4% / 12.5%) and Health Care (10.8% / 5.7%) and underweight in Financials (9.2% / 19.2%), Consumer Discretionary (5.1% / 14.9%), Materials (2.9% / 6.5%), Energy (2.1% / 3.0%), Consumer Staples (1.6% / 4.7%) Real Estate (1.5% / 3.2%) and others (1.1% / 9.7%).

Country-wise is the biggest allocation of the fund in Japan (41.3% / benchmark 34.9%). Taiwan (21.2% / 11.0%), Korea (11.5% / 8.1%), China (8.2% / 16.0%) and New Zealand (5.3% / 0.4%) complete the top 5.

The five largest holdings in the portfolio are:

  • Koh Young Technology – 5.42% (South Korea)
  • Mainfreight – 5.22% (New Zealand)
  • Unimicron Technology – 4.87% (Taiwan)
  • Mitsui & Co – 3.83% (Japan)
  • Mitsubishi Heavy Industries – 3.61% (Japan)

 

As of 31. March 2024

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