AllianzGI China Equity Fund Class A (ALQAX)

15.67
Net Asset Value
+0.64%
1 Day
-6.84%
Year-to-Date
Overall Morningstar Rating
China region
Style or Category
5.5
Sales Expenses
5.88%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets (plus borrowings made for investment purposes) in equity securities of Chinese companies. The portfolio managers considers "Chinese companies" as those companies that (i) are incorporated in mainland China, (ii) derive at least 50% of their revenue or profits from business activities in mainland China, or (iii) maintain at least 50% of their assets in mainland China. It invests no more than 20% of assets in Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. The fund is non-diversified.

Performance

1 month+3.30% 3 years-2.37%
3 months-5.09% 5 years--
1 year+9.99% Since inception+5.31%
Data through --

Peer Comparisonvs. China region

 ALQAXCategory
Performance 5-yr return--+13.88%
Expense ratio5.88%1.79%
Risk 5 year sharpe ratio--0.71
Net assets$4.1M$202.9M
Average market cap$15.9B$24.8B
Average P/E9.510.9
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyAllianz Funds
Fund manager & tenureChristina Chung / 3 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

International stock98.81%
Cash1.19%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 29.09%
Industrial materials 20.55%
Energy 15.19%
Consumer service 14.79%
Telecommunication 10.85%
Top 10 Holdings
Portfolio weighting
-- Tencent Holdings Ltd.7.80%
-- Industrial And Commercial Bank Of China Ltd. H Shares7.78%
-- Beijing Enterprises Holdings Ltd.5.66%
-- PetroChina Co Ltd H Shares5.49%
-- China Mobile Ltd.5.46%
-- Bank Of China Ltd. H Shares5.20%
-- Ping An Insurance Group H Shares4.84%
-- CNOOC, Ltd.4.16%
-- China Minsheng Banking Corp Ltd. H Shares3.85%
-- Qingling Motors Co., Ltd. H Shares3.82%

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