AllianzGI Redwood Fund Institutional Class

 (MUTF:ARRIX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week
   
-0.16%  
4 week
   
-0.48%  
3 month   +0.09%
   
YTD   +0.91%
   
1 year   +4.67%
   
3 years*   +2.55%
   
5 years*   -  
*annualized
Best 3 month return+8.09%  
Worst 3 month return-12.18%  

Morningstar statistics

Morningstar category: Long/Short Equity
  Return Risk Rating
3 years Average Average
5 years     -     - -
10 years     -     - -
Overall Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets5.69M 
Front load-  
Deferred load-  
Expense ratio1.40%  
Management fee-  
Fund familyAllianz Funds 

Asset allocation

Cash52.66%  
Stocks50.00%  
Bonds0.00%  
Other-2.66%  

Purchase information

Initial$1,000,000  
14.550.00(0.00%)
May 28, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks long-term capital appreciation with a high degree of downside protection and reduced volatility relative to the broad U.S. equity market. The fund normally invests in in-the-money (ITM) buy-writes on U.S. equities and writes out-of-the-money put options on U.S. equities. It may also write (sell) in-the-money call options on equity indexes and/or ETFs and may write call options on individual securities that it does not hold in its portfolio. The fund is not limited in the percentage of assets it may invest in any one country, region or geographic area. It may invest in initial public offerings (IPOs) and in ETFs.
Fund filings (PDF) »
Asset manager:
Raphael Edelman (Started: Dec 27, 2010)
Advisor Company:
Allianz Global Inv Fund Mgmt LLC
Fund family reports on Morningstar »
Allianz Global Investors Fund Management LLC, 1345 Avenue of the Americas, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.83 -4.02     -     -
Beta* 0.21 0.49     -     -
Mean annual return 0.49 0.23     -     -
R-squared* 81.95 76.75     -     -
Standard deviation 2.32 6.98     -     -
Sharpe ratio 2.52 0.39     -     -
* Against standard index

Top 10 holdings

Security Net Assets  
HCA Holdings Inc (HCA) 5.95%  
Cameron International Corp (CAM) 4.57%  
Express Scripts (ESRX) 4.22%  
Apple Inc (AAPL) 4.15%  
Anadarko Petroleum Corp (APC) 4.01%  
CBS Corp Class B (CBS) 3.96%  
Edwards Lifesciences Corp (EW) 3.01%  
Broadcom Corp (BRCM) 2.98%  
Procter & Gamble Co (PG) 2.76%  
Lennar Corp (LEN) 2.24%