Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Allianz Discovery Germany Strategy - I - EUR

Ranked 38 out of 73 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 : 30/09/2017 - 30/09/2018
  • Rank 38/73 Total Return
  • Rank 19/73 Standard Deviation
  • Rank 21/73 Max Drawdown
Fund Name Currency Return
36 Insight - Absolute Insight Eq Market Neut B1p EUR EUR

-1.2%

36 UBI SICAV - Beta Neutral I EUR

-1.2%

38 Allianz Discovery Germany Strategy - I - EUR EUR

-1.5%

39 Nomura Cross Asset Momentum UCITS I EUR EUR

-1.8%

40 Merian Global Equity Abs Return EUR A Acc Hdgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.9%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.1% -0.1% -1.9%
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 size278Mn
  • Base currencyEUR
  • ISIN LU0639174274

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.20%
  • Initial investment0.00%

Related News

Allianz GI to hard close two funds following massive inflows

German investment firm stems flows into Alt Ucits strategies after accumulating a combined €1bn of new money over 2015.

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