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The Allianz RCM Global EcoTrends Fund has been awarded an ‘A’ Rating from Standard & Poor’s. The Fund, which launched in February, is managed by Bozena Jankowska and was the first UK domiciled fund of its kind, investing across the three areas of eco energy, pollution control and clean water. Allianz RCM Global EcoTrends Fund, a UK domiciled OEIC, is a mirror version of the existing Luxembourg SICAV which returned 5.3% over one year to 31 March 2008, against a sector median return of -11.5%1.
Nick Smith, Head of Fund Distribution at Allianz Global Investors (UK) Ltd, said:
“We have an excellent track record of delivering outstanding performance across our EcoTrends franchise and we are delighted that this fund has been awarded an ‘A’ Rating from Standard & Poor’s.
“This recognition is an accolade to the hard work and dedication put in by Bozena and her team and it is particularly pleasing for the Fund to have been awarded this rating so soon after its launch.”
The Allianz RCM Global EcoTrends Fund is underpinned by RCM’s in-house global EcoTrends research team which has a proven track record and was established seven years ago. This team currently manages more than €1.7 billion globally2. They focus on identifying environmental and social trends and themes which are then translated into investment and stock ideas e.g. demographics, climate change, environmental pollution, water scarcity, etc.
The team is also supported by RCM’s proprietary market research network called Grassroots® Research. Grassroots® Research is dedicated to uncovering and measuring demand in the market place for specific products and services.
Allianz Global Investors recently won seven awards at the German €uro am Sonntag awards. Bozena Jankowska and her team achieved first place for the Allianz-dit Global EcoTrends Fund on the back of outstanding performance over one year3.
Fast Fund Facts (UK OEIC)
• Fund name: Allianz RCM Global EcoTrends Fund
• Key investment areas targeted: eco energy, pollution control and clean water
• Launch date: 14th February 2008
• Managed by Bozena Jankowska
• The portfolio comprises approx. 50 -70 equities
• UK-registered OEIC
• Minimum investment: £500 (£1,000 for ISA)
Investment Objective
The Fund invests a minimum of 75% of assets in the shares of international companies that have at least some operations in the areas of "Eco Energy" (alternative energy sources and energy efficiency), "Pollution Control" (environmental quality, waste management and recycling) and "Clean Water" (water treatment and supply). Its investment objective is to attain long-term capital growth. The share accounted for by Emerging Markets is limited to 20% of the Fund’s assets.
Charges & Commission
Initial (outside ISA) 4%
Initial (inside ISA) 3%
AMC 1.75%
Initial commission 3%
Trail commission 0.5%
- ENDS -
Notes to Editors
1- Source: Allianz Global Investors/ RCM (UK) Ltd. Over 12 months to 31.03.08 the Luxembourg SICAV Allianz RCM Global EcoTrends has returned 5.29%, versus a Morningstar Micropal-Universe median return of -11.49%, Global Ecology sector (Germany), EUR, net of fees, income reinvested.
2- Source: Allianz Global Investors, as at 31.03.08
3- Source: Allianz Global Investors. German Euro-Fund Awards, first place over one year for the Allianz-dit Global EcoTrends Fund.
Past performance is not a reliable indicator of future performance. You should not make any assumptions on the future on the basis of performance information. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested. Industry risk: if a sub-fund focuses its investments on certain industries, this reduces risk diversification. Consequently, the sub-fund is particularly dependent both on the general development and the development of corporate profits of individual industries or industries that influence each other. You should always read the prospectus before investing. For a copy visit www.allianzgi.co.uk or telephone 0800 84 84 94. The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation and anyone who acts on it, or changes their opinion thereon, does so entirely at their own risk. The opinions expressed are based on information which we believe to be accurate and reliable, however, these opinions may change without notice.
This document has been issued in the UK by Allianz Global Investors (UK) Ltd. Allianz Global Investors (UK) Ltd is authorised and regulated by the Financial Services Authority (“FSA”). FSA Registration: 122218. The FSA’s address is 25 The North Colonnade, Canary Wharf, London, E14 5HS. Registered in England No. 1963362. Registered office: 155 Bishopsgate, London, EC2M 3AD telephone +44 (0) 20 7065 1407.
17/04/2008
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