Allianz Target Maturity Euro Bond III
LU2730223505
Broad-based fixed-term euro bond fund
AP (EUR)
Redemption Price
Redemption Price 102.1500 EURRedemption Price Change
Redemption Price Change 0.02%Summary Risk Indicator
Key Facts
as of 15/05/2025
Fund manager
Sebastien Ploton
Since 12/02/2024
Laetitia Talavera-Dausse
Since 12/02/2024
Fund objectives
The fund may invest in a wide range of euro-denominated international bonds, including government and corporate bonds, collateralised securities and emerging-market bonds. Up to 50% of the portfolio may be invested in high-yield bonds (non-investment-grade bonds) and up to 10% of the Fund’s assets may be invested in emerging markets until the initial allocation of the portfolio is established. The fund management takes into account sustainability considerations when making investment decisions (further information can be found in the sales prospectus). Exposure to foreign-currency risks exceeding 10% of the fund’s assets must be hedged against the euro. The investment objective is to generate a market-oriented return in relation to the global bond markets by the end of the term of the fund in 2028.
Opportunities
- Current yield on bonds; price opportunities if interest rate declines
- Above-average yield opportunities on emerging-market bonds and non-investment-grade bonds
- Alignment of investments to maturity limits interest rate risks
- Broad dispersion across numerous individual securities
- The fund management takes into account sustainability considerations (further information can be found in the sales prospectus)
- Potential additional returns through individual value analysis and active management
Risks
- Interest rate fluctuates; price losses for bonds in the event of interest rate increases. The volatility (value fluctuation) of the fund unit value can be greatly increased
- Higher fluctuation and loss risks for emerging-market bonds and non-investment-grade bonds
- Alignment of investments to maturity limits yield potential
- Limited participation in the potential of individual securities
- Sustainability approach limits the investment universe
- No guarantee of success for individual value analysis and active management
Investing involves risk. The value of an investment and the income from it may fall as well as rise and investors might not get back the full amount invested. Investing in fixed income instruments may expose investors to various risks, including but not limited to creditworthiness, interest rate, liquidity and restricted flexibility risks. Changes to the economic environment and market conditions may affect these risks, resulting in an adverse effect to the value of the investment. During periods of rising nominal interest rates, the values of fixed income instruments (including positions with respect to short-term fixed income instruments) are generally expected to decline. Conversely, during periods of declining interest rates, the values of these instruments are generally expected to rise. Liquidity risk may possibly delay or prevent account withdrawals or redemptions. Allianz Target Maturity Euro Bond III is a sub-fund of Allianz Global Investors Fund SICAV, an open-ended investment company with variable share capital organised under the laws of Luxembourg. The value of the units/shares which belong to the Unit/Share Classes of the Sub-Fund that are denominated in the base currency may be subject to an increased volatility. The volatility of other Unit/Share Classes may be different and possibly higher. Past performance does not predict future returns. If the currency in which the past performance is displayed differs from the currency of the country in which the investor resides, then the investor should be aware that due to the exchange rate fluctuations the performance shown may be higher or lower if converted into the investor’s local currency. This is for information only and not to be construed as a solicitation or an invitation to make an offer, to conclude a contract, or to buy or sell any securities. The products or securities described herein may not be available for sale in all jurisdictions or to certain categories of investors. This is for distribution only as permitted by applicable law and in particular not available to residents and/or nationals of the USA. The investment opportunities described herein do not take into account the specific investment objectives, financial situation, knowledge, experience or specific needs of any particular person and are not guaranteed. The Management Company may decide to terminate the arrangements made for the marketing of its collective investment undertakings in accordance with applicable de-notification regulation. The views and opinions expressed herein, which are subject to change without notice, are those of the issuer companies at the time of publication. The data used is derived from various sources, and assumed to be correct and reliable at the time of publication. The conditions of any underlying offer or contract that may have been, or will be, made or concluded, shall prevail. For a free copy of the sales prospectus, incorporation documents, daily fund prices, Key Information Document, latest annual and semi-annual financial reports, contact the management company Allianz Global Investors GmbH in the fund’s country of domicile, Luxembourg, or the issuer at the address indicated below or regulatory.allianzgi.com. Please read these documents, which are solely binding, carefully before investing. This is a marketing communication issued by Allianz Global Investors GmbH, www.allianzgi.com, an investment company with limited liability, incorporated in Germany, with its registered office at Bockenheimer Landstrasse 42-44, 60323 Frankfurt/M, registered with the local court Frankfurt/M under HRB 9340, authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de). The Summary of Investor Rights is available in English, French, German, Italian and Spanish at https://regulatory.allianzgi.com/en/investors-rights Allianz Global Investors GmbH has established a branch in Luxembourg, Allianz Global Investors GmbH Luxembourg Branch, which is subject to limited regulation by Commission de Surveillance du Secteur Financier (www.cssf.lu). The duplication, publication, or transmission of the contents, irrespective of the form, is not permitted; except for the case of explicit permission by Allianz Global Investors GmbH.