Allianz Strategic Bond I Inc
|Bid Price||-||Offer Price||-|
|Mid Price||GBX 97.41||Day Change||GBX +0.41 (0.42%)|
|Price Date||22 Feb 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.90 %|
|Total Expense Ratio||0.00||Fund Size||128,406,100.00|
|Launch Date||16/05/2002||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.39||Sector||IMA UK Equity Income|
|Min Investment (£)||10,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00BYT2QW81||Min TopUp (£)||500.00|
The Fund aims to maximise total return, primarily through investment in fixed income securities issued by UK and European corporates, governments and supranational institutions, and has flexibility to invest in high grade bonds. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has nearly 15 years’ experience in fixed income having worked with M&G in London for 12 years, running bond portfolios, and prior to that at Premier Asset Management. As well as depth of experience, Mike’s experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.