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Allianz Global Investors (AllianzGI) is pleased to announce that its award winning* Allianz RCM BRIC Stars Fund, plus two other AllianzGI funds, the Allianz PIMCO Sterling Total Return and Allianz PIMCO Gilt Yield Fund, are to be included on the Norwich Union Pensions platform.
Commenting, Nick Smith, Head of Fund Distribution at Allianz Global Investors (UK) Ltd, said:
"The Allianz RCM BRIC Stars Fund is a leading emerging markets fund*. I’m very pleased that Norwich Union has taken the decision to include the Fund on their platform, offering investors exposure to a top performing fund. The fact that intermediaries will now be able to access the fund from this leading platform is fantastic news and we are looking forward to working with them.”
• Investment remit
The Allianz RCM BRIC Stars Fund’s aim is to achieve long-term capital growth by investing predominantly in the equity markets of Brazil, Russia, India and China. Up to one third of the Fund’s assets may be invested outside the BRIC countries including developed countries and/or other emerging markets.
- ENDS -
Notes to Editors:
* - Source: Professional Adviser awards January 2008, Best Emerging Markets Group.
The markets in which the Allianz RCM BRIC Stars Fund invests may be highly volatile and carry a higher risk both in terms of market and currency volatility, which may result in dramatic fluctuations from time-to-time. Past performance is not a reliable indicator of future performance. 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. As the Allianz RCM BRIC Stars Fund aims for relatively high performance, it can incur greater risks than those adopting a more standard investment approach. 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 press release is intended for journalists in their professional capacity and is not intended to be a financial promotion. Issued in the UK by Allianz Global Investors (UK) Ltd., 155 Bishopsgate, London, EC2M 3AD. Authorised and regulated by the Financial Services Authority.
08/09/2008
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