Allianz Volatility Strategy IT Cap EUR

Long-term capital growth by exploiting return opportunities in the volatility space based on the volatility risk premium through investments in a broad range of asset classes. In addition, the Sub-Fund will use volatility related derivatives including, but not limited to, variance swaps, options and volatility swaps related to different asset classes. Sub-Fund assets are invested in bonds with a minimum rating of B- of OECD, EEA and/or EU member states and/or in global equity markets. Sub-Fund's core strategy uses volatility related derivatives e.g. variance swaps on global equity markets (e.g. US and Europe equity markets as underlying). These swaps may differ in terms of swap period, underlying security and strike variance. A variance swap results in a financial settlement between the parties at the end of the swap period. The value of a variance swap does not depend 1:1 on the absolute performance of the underlying to which it refers; instead, it depends in particular on the change in the annualised realised variance of the respective underlying in the respective swap period. For this reason the value of a variance swap may even rise when the value of its underlying is dropping, or it may fall when the value of its underlying security is rising. Depending on how the variance swap is structured, the Sub-Fund's potential loss resulting from the variance swap may also be automatically limited by the portfolio management. In addition, the Sub-Fund's portfolio management may use additional instruments and techniques to a limited extent which include, but are not limited to options/futures on equity indices, and/or other volatility based derivatives, for efficient portfolio management. Duration of Sub-Fund assets should be between 0 and 24 months. We follow an active management approach with the aim to outperform the Benchmark. In selecting and weighting the Sub-Fund's assets we do not replicate or reproduce the Benchmark. Sub-Fund assets therefore deviate significantl

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No