Allianz Discovery Europe Strategy

Overview

Fund Strategy Equity Long / Short
Fund Geography Europe
Investment Advisor Allianz GI
Portfolio Manager Harald Sporleder, Steffen Weyl
Fund Currency EUR
Fund AUM €355.6m
Fund AUM (GBP) £312m
Fund AUM as of 30 June 2018
Fund Inception 20 October 2009
Fund Indices AH Equity Long / Short UCITS Index
Sub Index - Equity Long / Short Conservative

Fund Objective

The fund aims to profit from stock price movements irrespective of the direction of the movement. Using a derivative-based strategy, the fund invests, on the one hand, in selected European equities (long positions). On the other hand, it sells in accordance with its strategy stocks that it does not actually hold and whose prices strategy management expects to fall (short positions). With simultaneous investments in long and short positions, the strategy seeks to reduce market risks. Long and short positions will not always be of equal magnitude so that deviations from the fund’s core goal of market neutrality may occur.

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