Allianz Global Investors UK Continental European Class C Acc
Report And Accounts
Simplified Prospectus / KIID
Private Investor Factsheet
Performance
Discrete performance - to last month end
| 31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
|---|---|---|---|---|---|
| Fund | 2.0% | 48.3% | 1.2% | -2.6% | 14.9% |
| Sector | -9.4% | 39.6% | 4.2% | 6.5% | 12.3% |
| Rank | 11/127 | 18/129 | 110/135 | 129/142 | 47/143 |
| Quartile | 1 | 1 | 4 | 4 | 2 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | 4.3% | 11.4% | 10.4% | |
| Sector | 7.6% | 9.5% | 7.9% | |
| Rank | 116/135 | 23/127 | 8/97 | |
| Quartile | 4 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| ASML HOLDING N.V. | 9.64 |
| NOVO NORDISK A/S | 7.64 |
| DSV AS | 4.94 |
| VMH MOET HENNESSY LOUIS VUITTON | 4.73 |
| SIKA AG | 3.81 |
| ATLAS COPCO AB | 3.40 |
| L'OREAL | 3.33 |
| INFINEON TECHNOLOGIES AG | 3.24 |
| PARTNERS GROUP HOLDING | 3.24 |
| KINGSPAN GROUP | 3.16 |
| Total | 47.12 |
Fund Aims
The Fund aims to provide investors with long term capital growth by investing in a diversified portfolio of investments in Continental European companies, predominantly focussing on larger capital stocks.
Fund Manager
Marcus Morris-Eyton is a Portfolio Manager within the Europe Equity Growth team at Allianz Global Investors, having joined the firm in 2011. Prior to joining the Europe Equity Growth team Marcus worked as a Discretionary Sales Manager at AGI in London, and also worked at Credit Suisse in equity research. He was named one of the Top 40 Under 40 Rising Stars in Asset Management by Financial News in 2015. Marcus is a CFA Charterholder, and graduated with a First Class Honors degree, in English and philosophy from the University of Leeds.
Thorsten joined the company in 2001. He started as a Junior Portfolio Manager in our Multi Asset team where he was responsible for
managing the equity portions of our Balanced products. In 2006, Thorsten became a member of the Large Cap European Equity team
located in Frankfurt, where he managed several European Core funds.
Fund Overview
| Mid (18/04/2024) | 341.62p |
| Historic yield | 0.67% |
| Fund size (31/01/2024) | £180.31m |
| Number of holdings | 103 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.79% |
| Launch date | 16/05/2002 |
Asset Allocation
| International Equities | 99.14% | |
| Cash and Equivalents | 0.86% |
Commentary
During the quarter the Fund returned 4.22% versus the benchmark which returned 6.22%. All European markets performed well but Switzerland and France were the weakest with Germany, Norway and the smaller regional markets performing best. Within the markets, the mega cap stocks continued to underperform, a theme which has been running now for the past 4 years. Within the sectors, materials, industrials, autos and telecoms performed well fuelled variously by M&A and strong corporate results whilst financials, pharmaceuticals and oil were weak, reflecting disappointing profits performances and a weaker oil price. At the stock level individual outperformers included Atlas Copco +22.1%, Swatch +9.3% and Gamesa +19.9%. Looking ahead we remain positive on equity markets generally, believing that valuations are attractive and that M&A activity will continue to underpin many sectors through 2007. Having said this, we also do expect a slight slowing of the global economy as interest rate rises in 2005/6 now take their toll on growth and inflation.
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 99.14% | |
| Cash and Equivalents | 0.86% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Industrials | 34.35% | - | - | - | |
| Industrial Goods & Services | - | 24.38% | - | - | |
| Industrial Engineering | - | - | 9.41% | - | |
| Machinery: Construction & Handling | - | - | - | 7.44% | |
| Machinery: Industrial | - | - | - | 1.96% | |
| Electronic & Electrical Equipment | - | - | 6.08% | - | |
| Electrical Components | - | - | - | 2.73% | |
| Electronic Equipment: Control & Filter | - | - | - | 2.72% | |
| Electronic Equipment: Other | - | - | - | 0.63% | |
| Industrial Transportation | - | - | 5.82% | - | |
| Transportation Services | - | - | - | 4.94% | |
| Railroad Equipment | - | - | - | 0.87% | |
| Industrial Support Services | - | - | 2.38% | - | |
| Transaction Processing Services | - | - | - | 2.38% | |
| General Industrials | - | - | 0.69% | - | |
| Diversified Industrials | - | - | - | 0.69% | |
| Construction & Materials | - | 9.97% | - | - | |
| Construction & Materials | - | - | 9.97% | - | |
| Building Materials: Other | - | - | - | 9.97% | |
| Technology | 24.64% | - | - | - | |
| Technology | - | 24.64% | - | - | |
| Technology Hardware & Equipment | - | - | 12.88% | - | |
| Production Technology Equipment | - | - | - | 9.64% | |
| Semiconductors | - | - | - | 3.24% | |
| Software & Computer Services | - | - | 11.77% | - | |
| Software | - | - | - | 8.63% | |
| Computer Services | - | - | - | 2.42% | |
| Consumer Digital Services | - | - | - | 0.71% | |
| Health Care | 18.98% | - | - | - | |
| Health Care | - | 18.98% | - | - | |
| Medical Equipment & Services | - | - | 10.29% | - | |
| Medical Supplies | - | - | - | 7.05% | |
| Medical Equipment | - | - | - | 2.86% | |
| Medical Services | - | - | - | 0.39% | |
| Pharmaceuticals & Biotechnology | - | - | 8.68% | - | |
| Pharmaceuticals | - | - | - | 7.64% | |
| Biotechnology | - | - | - | 1.05% | |
| Consumer Discretionary | 13.01% | - | - | - | |
| Consumer Products & Services | - | 11.79% | - | - | |
| Personal Goods | - | - | 11.18% | - | |
| Clothing & Accessories | - | - | - | 6.14% | |
| Cosmetics | - | - | - | 3.33% | |
| Footwear | - | - | - | 1.71% | |
| Household Goods & Home Construction | - | - | 0.61% | - | |
| Household Appliance | - | - | - | 0.61% | |
| Retail | - | 1.22% | - | - | |
| Retailers | - | - | 1.22% | - | |
| Apparel Retailers | - | - | - | 1.22% | |
| Financials | 3.24% | - | - | - | |
| Financial Services | - | 3.24% | - | - | |
| Investment Banking & Brokerage Services | - | - | 3.24% | - | |
| Asset Managers & Custodians | - | - | - | 3.24% | |
| Basic Materials | 2.54% | - | - | - | |
| Basic Resources | - | 1.66% | - | - | |
| Industrial Materials | - | - | 1.66% | - | |
| Diversified Materials | - | - | - | 1.66% | |
| Chemicals | - | 0.88% | - | - | |
| Chemicals | - | - | 0.88% | - | |
| Chemicals: Diversified | - | - | - | 0.88% | |
| Consumer Staples | 2.38% | - | - | - | |
| Food, Beverage & Tobacco | - | 2.38% | - | - | |
| Food Producers | - | - | 2.38% | - | |
| Food Products | - | - | - | 2.38% | |
| Cash and Equivalents | 0.86% | - | - | - | |
Regional Allocation
| Developed Europe - Excl UK | 97.77% | |
| Non-Classified | 1.37% | |
| Cash and Equivalents | 0.86% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 97.77% | |
| Euro | 2.23% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Developed Europe - Excl UK | 97.77% | - | |
Denmark
|
- | 17.65% | |
France
|
- | 16.01% | |
Sweden
|
- | 15.92% | |
Germany
|
- | 14.56% | |
Switzerland
|
- | 13.59% | |
Netherlands
|
- | 12.02% | |
Ireland
|
- | 4.18% | |
Italy
|
- | 2.23% | |
Spain
|
- | 1.22% | |
Luxembourg
|
- | 0.39% | |
| Non-Classified | 1.37% | - | |
| Cash and Equivalents | 0.86% | - | |
Breakdown By Market Cap (%)
| Mega |
|
35.73% |
| Large |
|
12.59% |
| Medium |
|
9.16% |
| Non-Classified |
|
41.66% |
| Cash |
|
0.86% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | ASML HOLDING N.V. | 9.64% | Technology Hardware & Equipment | Netherlands |
| 2 | NOVO NORDISK A/S | 7.64% | Pharmaceuticals & Biotechnology | Denmark |
| 3 | DSV AS | 4.94% | Industrial Transportation | Denmark |
| 4 | VMH MOET HENNESSY LOUIS VUITTON | 4.73% | Personal Goods | France |
| 5 | SIKA AG | 3.81% | Construction & Materials | Switzerland |
| 6 | ATLAS COPCO AB | 3.40% | Industrial Engineering | Sweden |
| 7 | L'OREAL | 3.33% | Personal Goods | France |
| 8 | INFINEON TECHNOLOGIES AG | 3.24% | Technology Hardware & Equipment | Germany |
| 9 | PARTNERS GROUP HOLDING | 3.24% | Investment Banking & Brokerage Services | Switzerland |
| 10 | KINGSPAN GROUP | 3.16% | Construction & Materials | Ireland |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 24.64% | - | - | - | - | - | - | 24.64% |
| Financials | - | 3.24% | - | - | - | - | - | - | 3.24% |
| Consumer Discretionary | - | 13.01% | - | - | - | - | - | - | 13.01% |
| Consumer Staples | - | 2.38% | - | - | - | - | - | - | 2.38% |
| Health Care | - | 18.98% | - | - | - | - | - | - | 18.98% |
| Industrials | - | 34.35% | - | - | - | - | - | - | 34.35% |
| Basic Materials | - | 2.54% | - | - | - | - | - | - | 2.54% |
| Cash and Equivalents | - | - | - | - | - | - | - | 0.86% | 0.86% |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B3Q8YX9 |
| Mex Code | THCONE |
| Isin Code | GB00B3Q8YX99 |
| Citi Code | 129K |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.79% |
Aims and Benchmark
| Aims | The Fund aims to provide investors with long term capital growth by investing in a diversified portfolio of investments in Continental European companies, predominantly focussing on larger capital stocks. |
| Benchmark | S&P Europe ex UK LargeMidCap Growth in GBP |
| Benchmark Category | - |
| IA Sector | Europe Excluding UK |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | OEIC |
| Launch price | £383.47 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | No income |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 November | 31 December |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | State Street Trustees Limited |
| Fund Administrator | DST Financial Services Europe |
| Fund Registrar | DST Financial Services International Limited |
| Fund Custodian | State Street Trustees Limited |
Group Details
| Group name | Allianz Global Investors (UK) Ltd |
| Group address | 155 Bishopsgate London EC2M 3AD |
| Group telephone | 0800 848 494 |
| Dealing telephone | - |
| investor.services@allianzgi.co.uk | |
| Homepage | www.allianzgi.co.uk |
| Fax number | - |
Dealing
| Minimum Investment | £500 |
| Minimum Top Up | £500 |
| Minimum Regular Saving | £50 |
| Settlement Period: Buy | 4 days |
| Settlement Period: Sell | 4 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.