Active
Generate potential outperformance through careful security selection and risk-aware portfolio construction.
Active ETFs: a new delivery vehicle for proven expertise
Active ETFs combine the disciplined, research-driven approach of active portfolio management with the efficiency, transparency and tradability of ETFs.*
Tactical
Rethink core allocations with cost-efficient, transparent building blocks that can be used for tactical asset allocation.
Flexible
Designed to integrate seamlessly into existing allocations, these instruments can form the foundation of model portfolios.
* A performance of the strategy is not guaranteed and losses remain possible.
Watch, learn & explore Active ETFs
Our approach to Active ETFs
Our active ETF strategies draw on the investment teams and methodologies behind some of our most established fund franchises.
Incremental alpha
Our Active ETFs aim to combine broad market exposure with disciplined, systematic security selection, aiming to deliver incremental alpha.
Established processes
The teams behind our Active ETFs have long experience in active management, targeting diversified sources of return and risk-adjusted outcomes.
Scalable
Our Active ETFs provide a disciplined engine that seeks to generate scalable, repeatable alpha alongside precision in risk and return.
What are AllianzGI's capabilities for Active ETFs?
FAQ: Active ETFs explained
An exchange-traded fund (ETF) is a pooled investment vehicle that holds a selection of assets such as stocks and bonds. An ETF is listed on a stock exchange, similar to an individual stock, and can be bought and sold during the trading day. ETFs come in two types: active and passive.
A passive ETF aims to track the performance of a market index. It does so by holding the same investments in the index in the same proportions. Passive ETFs tend to be simple, low-cost investments that require relatively little human oversight.
Active ETFs aim not merely to mirror a market index but to outperform it. They are overseen by portfolio managers who select securities based on their investment views. Active ETFs have the potential to deliver investment outperformance, or "alpha", while also aiming to offer active risk management during market volatility.
Active ETFs aim not merely to mirror a market index but to outperform it. They are overseen by portfolio managers who select securities based on their investment views. Active ETFs have the potential to deliver investment outperformance, or "alpha", while also aiming to offer active risk management during market volatility.
Both active and passive ETFs are listed on stock exchanges and can be bought or sold throughout the day via brokers or investment platforms.
Active ETFs offer intraday liquidity, daily transparency of holdings and potentially greater accessibility. Traditional mutual funds are typically priced only at the end of the trading day and may disclose their holdings on a monthly or quarterly basis. Both fund vehicles can offer the benefits of active management and we believe both fund types have their place in modern portfolios.
AllianzGI offers a high-conviction, active management philosophy, experienced teams, disciplined processes and the support investors need to understand what they own and why. AllianzGI has already successfully launched Active ETFs in Taiwan, where it is a leading player in the local market.
Like all investments, Active ETFs carry risk. Performance depends on factors such as market movements, interest rates and the manager’s decisions. The strategies aim to outperform their benchmark, but this cannot be guaranteed and periods of underperformance may occur. Currency fluctuations may negatively impact returns. ETFs may be exposed to counterparty risk. The value of your investment can go down as well as up, and you may not get back the amount you invested*.
*UCITS ETF’s units / shares purchased on the secondary market cannot usually be sold directly back to UCITS ETF. Investors must buy and sell units / shares on a secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current net asset value when buying units / shares and may receive less than the current net asset value when selling them.
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. 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. 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. 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.
This is a marketing communication issued by Allianz Global Investors GmbH, http://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 (http://www.bafin.de ). Allianz Global Investors GmbH has established branches in France, Italy, Spain, Luxembourg, Sweden, Belgium and the Netherlands. Contact details and information on the local regulation are available here (http://www.allianzgi.com/Info). The Summary of Investor Rights is available in English, French, German, Italian and Spanish at https://regulatory.allianzgi.com/en/investors-rights.
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