Allianz Strategic Bond

(Class A Income [GBP])

 

Performance

Cumulative Performance (%)

3m 6m 1Yr 3Yr 5Yr
Fund -1.16% 2.00% 0.11% -17.57% -30.23%
Sector 1.96% 3.17% 5.56% 11.95% 6.20%
Rank 88/89 70/88 84/86 79/79 68/68
Quartile 4 4 4 4 4

Discrete Performance (%) - to last month end

06/20 to 06/21 06/21 to 06/22 06/22 to 06/23 06/23 to 06/24 06/24 to 06/25
Fund -2.56% -13.14% -16.97% -0.83% 0.11%
Sector 4.63% -9.33% -2.73% 9.03% 5.56%
Rank 65/68 65/73 79/79 82/82 84/86
Quartile 4 4 4 4 4

Fund Aims

The Fund aims to maximise total return primarily through investment directly in debt securities or by gaining exposure indirectly through the use of derivatives. The Fund will invest internationally although at least 80% of its assets shall be invested in Sterling denominated (or hedged back to Sterling) debt securities. Investors should be aware that the Fund’s capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all. Please see the Key Investor Information Document for the full objectives and investment policy.

Fund Managers

Kacper Brzezniak manager for: 9 years 9 months

Kacper joined Allianz Global Investors in July 2016 as a Portfolio Manager, after around 7 years’ experience across multiple macro asset classes. Kacper specializes in derivatives, and has worked in Europe, the Middle East and the US, trading both G10 and Emerging Market products. He was previously a Fixed Income Trader at RBS in London where he traded Interest Rate Derivatives and Cross Currency Swaps. He subsequently worked in Dubai for National Bank of Fujairah, where he focused on interest rate derivatives and FX Options, as well as commodity derivatives. Most recently, he worked on the multi-strategy credit fund at Bluecrest in New York. Kacper received a BSc (Hons) in Mathematics and Economics from the London School of Economics in 2008 and graduated with an MBA from Yale School of Management in 2016. He is a CFA charter holder.

Mike Riddell manager for: 9 years 9 months

Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has nearly 15 years’ experience in fixed income having worked with M&G in London for 12 years, running bond portfolios, and prior to that at Premier Asset Management. As well as depth of experience, Mike’s experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.


Fund Overview

Price

Bid 130.29p

Offer 130.29p (31/07/2025)

Distribution yield
1.24%
£218.5m
Number of holdings
565
Initial charge
4.00%
Annual Management Charge
1.25%
Ongoing Charges
1.29%

Top 10 Holdings

Stock Name % Weight
CHINA GOVERNMENT BOND INBK FIX 1.910% 15.07.2029 4.2%
US TREASURY N/B FIX 4.375% 31.01.2032 3.9%
TREASURY BILL ZERO 25.09.2025 3.6%
BUNDESREPUB. DEUTSCHLAND FIX 0.000% 15.05.2036 3.5%
NOTA DO TESOURO NACIONAL NTNF FIX 10.000% 01.01.2035 3.3%
AUSTRALIAN GOVERNMENT 163 FIX 1.000% 21.11.2031 3.1%
BUNDESREPUB. DEUTSCHLAND FIX 4.750% 04.07.2034 3.1%
US TREASURY N/B FIX 1.125% 15.05.2040 2.8%
NORWEGIAN GOVERNMENT 482 FIX 1.375% 19.08.2030 2.6%
NEW ZEALAND GOVERNMENT 0535 FIX 4.500% 15.05.2035 2.5%
Total 32.7%

Asset Allocation

Name % Weight
International Bonds 94.92
UK Gilt 6.13
Hedge Funds 2.51
Other 1.84
Cash & Equivalents -5.40


Data accurate at: 30/04/2025

Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested. Cumulative performance figures are calculated from the previous working day. Discrete performance figures are calculated from the previous month end.