Discovering the markets beyond

Allianz China A-Shares

Investing in tomorrow’s largest economy presents enormous advantages. Allianz China A-Shares can help investors reap these benefits.

Fund overview

  • The China equity market is the second largest in the world. China A-shares account for approximately 70% of all China stocks and are a new opportunity for foreign investors. For investors who want to tap into the China macro growth story, A-shares build a real picture of the Chinese economy, significantly broader and more diversified than that of Hong Kong-listed stocks.
     
  • China A-Shares exhibit low correlations to other major equity markets, thus offering investors with potential diversification benefits.
     
  • The China A-shares markets are dominated by private investors and are correspondingly inefficient. Active management is required to avoid overly risky stocks and exploit opportunities. Allianz Global Investors has deep local expertise coupled with a bottom-up fundamental approach and unique Grassroots® Research1.

External Video Content

This video is loaded through YouTube. Google is collecting information about your interaction with this video by using cookies and may use this for targeting their offers. Please accept cookies in order to show the video.

Reasons to invest

  • Pure China A-shares exposure
    The Allianz China A-Shares fund invests purely into China A-shares (no offshore exposure). Our bottomup stock selection approach helps us build a high conviction portfolio of 40-60 stocks that offer exposure to China’s long-term economic growth potential across various sectors.
     
  • A disciplined stock selection process
    We adopt a close to benchmark sector allocation approach. This is because we do not believe applying top down sector views is a long term winning strategy given the frequent and unpredictable sector rotation within China A-shares. We focus on fundamental stock selection, leveraging deep local expertise and unique Grassroots® Research1.
     
  • An experienced team with a strong track record
    The fund, which is managed by an experienced Hong Kong based team, has more than 10 years of track record making it one of the longest standing and best performing
    strategies2 in the market.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DOWNLOAD PDF

 
Anthony Wong
Anthony Wong
Portfolio Manager

Anthony is a portfolio manager with Allianz Global Investors, which he joined in 2012. He manages China equity portfolios.
Anthony has 14 years of investment-industry experience. He was previously a director and a portfolio manager at Bank Julius Baer. Before that, Anthony was the deputy head of foreign investment at Yinhua Fund Management, Shenzhen, where he managed portfolios and formulated investment strategies for the Hong Kong equity market.
He has a B.B.A. from the Chinese University of Hong Kong, an M.S. in finance from the London Business School and an M.B.A. from the Hong Kong University of Science and Technology. Mr. Wong is a CFA charterholder.
Sunny Chung
Sunny Chung
Portfolio Manager

Sunny joined the firm in 2006 based in Taiwan and subsequently moved to Hong Kong in 2015. He is a senior Portfolio Manager and co-lead manager of the China A-Shares strategy. In Taiwan he last held the position of Head of Domestic Equity Investment, responsible for overseeing the Taiwan equities team. Sunny has over 21 years of experience in investment related roles and was the portfolio manager of the AllianzGI Taiwan Equity Fund for over 8 years. The fund was awarded the Best Taiwan Fund by Smart Magazine/ Lipper for three consecutive years from 2013 to 2015, and the Morningstar/ Taiwan Golden Award for two consecutive years from 2014 to 2015. Prior to AllianzGI Taiwan, he was a portfolio manager with KGI Asset Management in Taiwan. Sunny received his MBA from Tamkang University as well as a bachelor’s degree in Math from National Central University, Taiwan.
 

Videos


    External Video Content

    This video is loaded through YouTube. Google is collecting information about your interaction with this video by using cookies and may use this for targeting their offers. Please accept cookies in order to show the video.

    Chinese Whispers

    Views from our Asian Equity team on what's happening behind the headlines in China.
    READ PRESENTATION

    Source:
    1. Grassroots® Research is a division of Allianz Global Investors that commissions investigative market research for asset-management professionals. Research data used to generate Grassroots® Research reports are received from independent, third-party contractors who supply research that, as far as permissible by applicable laws and regulations, may be paid for by commissions generated by trades executed on behalf of clients.
    2. The fund has a 3, 5 and 10 year Morningstar 5-star rating.



    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. Allianz China A-Shares 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 not denominated in the base currency may be subject to a strongly increased volatility. The volatility of other Unit/Share Classes may be different. Past performance is not a reliable indicator of future results. 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 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, but it has not been independently verified; its accuracy or completeness is not guaranteed and no liability is assumed for any direct or consequential losses arising from its use, unless caused by gross negligence or wilful misconduct. The conditions of any underlying offer or contract that may have been, or will be, made or concluded, shall prevail. This communication has not been prepared in accordance with legal requirements designed to ensure the impartiality of investment (strategy) recommendations and is not subject to any prohibition on dealing before publication of such recommendations. 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.

    For investors in Europe (excluding Switzerland)
    For a free copy of the sales prospectus, incorporation documents, daily fund prices, key investor information, 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 www.allianzgi-regulatory.eu. Austrian investors may also contact the Austrian information agent Allianz Investmentbank AG, Hietzinger Kai 101-105, A-1130 Vienna. 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). Allianz Global Investors GmbH has established branches in the United Kingdom, France, Italy, Spain, Luxembourg, Sweden, Belgium  and the Netherlands. Contact details and information on the local regulation are available here (www.allianzgi.com/Info).

    For investors in Switzerland
    For a free copy of the sales prospectus, incorporation documents, daily fund prices, key investor information, latest annual and semi-annual financial reports, contact the management company Allianz Global Investors GmbH in the fund’s country of domicile, Luxembourg, the Swiss funds’ representative and paying agent BNP Paribas Securities Services, Paris, Zurich branch, Selnaustrasse 16, CH-8002 Zürich or the editor either electronically or by mail at the given address or www.allianzgi-regulatory.eu. Please read these documents, which are solely binding, carefully before investing. This is a marketing communication issued by Allianz Global Investors (Schweiz) AG, a 100% subsidiary of Allianz Global Investors GmbH.

    Allianz Global Investors

    You are now leaving the Allianz Global Investors’ website and being redirected to