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Allianz Discovery Germany Strategy - I - EUR

Ranked 17 out of 75 in - Market Neutral over 12 months
All calculations are in EUR unless stated

Managed by

Ralf Walter

Ralf Walter was born in 1970 and attended the University of Hohenheim, Stuttgart where he studied Business Administration and Economics. Ralf has been a fund manager for over ten years and is a Chartered Financial Analyst. Since 2000, he has been with Cominvest Asset Management GmbH where he is fund manager and investment analyst, concentrating on European small and mid caps. He currently manages the Cominvest Adiselekt, Cominvest Fund NewTec and Cominvest Fund EuropeSelect funds.

Objective

The fund follows in core a market-neutral strategy on the German equity market and aims at superior risk-adjusted returns. It invests within a derivative framework, on the one hand, in selected equities mainly from Germany (long positions). On the other hand, it sells in accordance with its strategy stocks that it does not actually hold and whose prices are expected to fall (short positions). This bipolar strategy seeks to reduce market risks. Long and short positions will not always be of equal volume so deviations from the core goal of market neutrality may occur. The fund management company charges All-In-Fee displayed as management fee.

Showing fund performance in Switzerland View performance globally

Performance

Market Neutral over : 30/06/2017 - 30/06/2018
  • Rank 17/75 Total Return
  • Rank 23/75 Standard Deviation
  • Rank 7/75 Max Drawdown
Fund Name Currency Risk
21 ARTICO SICAV-Artico Defensive Gl Flagship EURh

Currency exposure is hedged

Currency exposure is hedged

EUR

2.6

22 UBI SICAV - Beta Neutral I EUR

2.6

23 Allianz Discovery Germany Strategy - I - EUR EUR

2.6

23 Exane Vauban Fund I EUR

2.6

25 Man GLG European Alpha Alternative DN EUR EUR

2.8

Fund Name Currency Loss
5 Lutetia Absolute Return IC

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

6 Exane Funds 1 - Ceres A EUR

-1.0%

7 Allianz Discovery Germany Strategy - I - EUR EUR

-1.0%

8 Exane Funds 1 - Templiers A EUR

-1.0%

9 Exane Gulliver Fund I EUR

-1.1%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.1% -0.1%
2017 9.7% 2.9% 2.7% 3.1% 0.7%
2016 -5.8% -3.1% -0.2% 0.3% -2.9%
2015 11.2% 1.4% 4.0% 3.2% 2.2%
2014 2.4% 2.3% -1.1% -0.1% 1.3%
2013 7.8% 2.2% 1.7% 2.4% 1.2%
2012 7.4% 3.1% -0.2% 1.1% 3.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Finland
  3. France
  4. Germany
  5. Luxembourg
  6. Spain

Fund Info

  • Launch date11/10/2011
  • Share Class size274Mn
  • Base currencyEUR
  • ISIN LU0639174274

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.20%
  • Initial investment1.20%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).