Allianz Brazil C
Latest (Mid) Price:
GBX 56.12
Day Change:
-0.83%
| Shares Class | Inc. |
|---|---|
| Yield | 1.41 |
| Total Expense Ratio | 1.77 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 8,400,400.00 | Launch Date | 07/10/2010 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.88 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500.00 | Total Expense Ratio (%) | 1.77 |
| ISIN | GB00B5M3FQ25 | Min Topup (£) | 500.00 | Ongoing Charge (%) | 1.3400 (on 30/04/2015) |
Fund Objective
The Fund aims to achieve capital growth in the long term by investing mainly in the equity markets of Brazil. At least 70% of the Fund will be invested in companies that have their registered head office in Brazil. Up to 30% may be invested in companies that have their registered head office in other Latin American countries or elsewhere internationally. Provided a significant proportion of their earnings are generated in Brazil.
Fund Managers
Grant-Yun Cheng
Grant Yun Cheng brings altogether 18 years of investment experience. He (re-) joined Allianz Global Investors in July 2013 as senior portfolio manager for Emerging Markets Equities. He moved to Union Investment at the end of 2007 as Head of Emerging Markets / Japan, where he oversaw and managed Union’s Emerging Market and Asian equity funds. Born in Shanghai, Grant started his career in China as a correspondent banker in a local bank in Shanghai and served as the assistant to the bank‘s executive vice president. He moved to Germany in 1995 and worked as senior project manager in the Global Finance Department of Dresdner Kleinwort, where he was responsible for structuring project finance deals in Emerging Asia. In 2001, he moved to Deutsche Investment Trust (DIT) as senior portfolio manager in the Emerging Markets team, where he was responsible for the Asian part of the Emerging Market / BRIC products of the firm. In this role, he was also the main coordinator with the firm‘s Asian research platform in Hong Kong. Grant holds in BA Degree in English and MA in Economics from Fundan University of China. He is a CFA charter holder.
Asset Breakdown
Region Breakdown
Sector Breakdown
| Name | Weight |
|---|---|
| Basic Materials | 6.40% |
| Consumer Goods | 14.70% |
| Consumer Services | 15.60% |
| Financials | 34.60% |
| Health Care | 0.60% |
| Industrials | 14.10% |
| Oil & Gas | 6.80% |
| Utilities | 7.20% |
Top 10 Holdings
| Name | Weight |
|---|---|
| BANCO BRADESCO SA ADR EACH REP | 9.36% |
| AMBEV SA | 8.66% |
| PETROLEO BRASILEIRO SA PETROBR | 6.58% |
| ITAUSA INVESTIMENTOS ITAU SA | 4.33% |
| EMBRAER SA | 4.29% |
| Itau Unibanco Banco Mult ADR | 4.23% |
| ULTRAPAR PARTICIPACOES SA | 4.20% |
| BB SEGURIDADE PARTICIPACOES SA | 4.18% |
| VALE SA | 4.11% |
| CIELO SA | 4.04% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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