LU1794554557
Allianz All China Equity Fund SGD-Hedged

  • Equities
  • China
  • SGD Cash, SRS
  • Accumulating
Invest with
SGD Cash, SRS
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Fund aims to attain long-term capital growth by primarily investing in equities issued by Chinese companies domiciled in onshore and offshore PRC, Hong Kong, and Macau equity markets.
Key information
Annual report
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Product Highlight Sheet
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Prospectus
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Information Memorandum
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Factsheet
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Our perspective
Why we think this fund is best-in-class
product
Product
Offers a balanced portfolio of Chinese companies listed across both onshore and offshore exchanges. Provides systematic exposure to long-term growth opportunities while operating on a benchmark-aware basis relative to the MSCI China All Shares Index. Utilizes a region-neutral allocation approach across Shanghai, Shenzhen, Hong Kong, and US-listed Chinese equities.
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people
People
Led by a co-portfolio management team with an average of over 20 years of investment experience in the region. Supported by a dedicated team of more than 10 China and regional analysts specializing in diverse market sectors. Leverages an internal research platform that provides proprietary, on-the-ground analysis to support fundamental decision-making.
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performance
Performance
Targets structural alpha by capturing upside potential during growth phases in the Chinese equity markets. Focuses on long-term outperformance over a full market cycle through fundamental security selection. Experiences performance characteristics that are closely tied to the broader volatility and recovery cycles of the Chinese economy.
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process
Process
Employs a rigorous, fundamental-driven stock selection process to identify high-conviction investment opportunities. Focuses on identifying companies with sustainable growth trajectories that are trading at reasonable valuations. Integrates independent, on-the-ground research to validate growth assumptions and company fundamentals. Maintains a disciplined portfolio construction framework to balance regional exposures and benchmark alignment. Ensures portfolio deviations remain within a strict 10% tracking limit of the broader benchmark to manage relative risk.
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cost
Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
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selectionCriteria
How it fits in a portfolio
Serves as a comprehensive single-fund solution for investors seeking balanced exposure to the entire China equity universe, including A, B, and H shares and ADRs. Acts as a specialized satellite holding for those looking to capture specific growth themes within the Chinese economy. Suitable for investors who can tolerate the heightened volatility and unique regulatory risks associated with emerging market equity allocations.
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
All Time
​
Total returns
All Time
22.94%
YTD
3.57%
1 month
-1.69%
6 month
6.71%
1 year
28.92%
3 year
19.93%
5 year
-30.73%
As of Feb 2026
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-61.27%As of Feb 2026
Volatility
24.11%As of Feb 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-5.4%-1.7%----------
202535.5%1.0%7.8%1.1%-4.8%2.4%4.5%5.6%11.1%9.3%-4.7%-3.3%2.3%
20248.5%-12.0%9.2%0.5%5.5%-0.1%-1.6%-1.9%-0.1%20.7%-5.6%-4.3%1.5%
2023-22.3%9.6%-10.0%1.7%-5.8%-9.0%2.3%8.3%-8.4%-5.2%-3.6%1.8%-4.4%
2022-30.4%-6.4%-1.2%-10.3%-5.9%0.4%5.9%-7.3%-2.2%-12.0%-15.0%18.0%5.0%
Load more5 of 9
Top Exposures
Alibaba Group Holding Ltd Ordinary Shares8.77%
Tencent Holdings Ltd8.73%
China Construction Bank Corp Class H3.48%
Zijin Mining Group Co Ltd Class H3.44%
Ping An Insurance (Group) Co. of China Ltd Class A2.73%
Zhongji Innolight Co Ltd Class A2.65%
Industrial And Commercial Bank Of China Ltd Class H2.38%
Contemporary Amperex Technology Co Ltd Class A2.35%
Sieyuan Electric Co Ltd Class A2.11%
Ping An Insurance (Group) Co. of China Ltd Class H2.05%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
2.31%1.44% p.a.
Save 37%
Save up to 65% in fees
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Fund facts
ISIN
LU1794554557
Fund house
AllianzGI
Fund size
S$1.1B
As of 02 Mar 2026
Fund inception date
13 Apr 2018
Fund class currency
SGD
Fund share class
AT H2 SGD
Oldest share class ISIN
LU1720048575
Oldest share inception date
05 Dec 2017
Pricing frequency
Daily

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