Allianz Global Investors
Our Managers Commentary News & Media
Mutual Funds
Fund Family Overview
Price & Performance
Literature & Forms
Services
Prospectuses & Shareholder Reports
Related Products
> Closed-End Funds
> 529 Plan

ALLIANZ FUNDS PROFILE 
All data as of 10.31.09, unless otherwise indicated. 
Allianz NACM International Fund A (PNIAX)
 Print
About this Fund Performance Portfolio Review & Outlook Literature
Change Class  
Fund Overview
Highlights
  • Investment process identifies companies experiencing positive fundamental change that is sustainable and just beginning to be recognized in the market.
  • Systematic investment process combines quantitative stock selection with a disciplined confirmation process.
  • Proprietary International Equity Model integrates stock selection decisions to create a portfolio that is well diversified across countries, industries and currencies.
Investment Process
  • Investment universe is comprised of 2,300 stocks located within non-U.S. developed markets around the world.
  • Through a dynamic set of quantitative factors, NACM's international equity model identifies investment opportunities based on their prospects for positive change, sustainability and timeliness.
  • The resultant model recommendations are reviewed by the portfolio management team to confirm the investment thesis.
  • Proprietary optimization techniques are utilized in an effort to construct a portfolio that balances the trade-off between risk and reward.
At A Glance
Symbol Lookup
 
Symbol
CUSIP
A Shares
PNIAX
018919308
Objective
Seeks maximum long-term capital appreciation

Primary Portfolio
Companies located in the developed countries represented in the MSCI EAFE Index

Total Fund Assets (in millions)
$142.3

Inception Date
May 7, 2001

Dividend Frequency
At Least Annually

Maximum Sales Charge
5.50%

Net Expense Ratio
1.380%

Gross Expense Ratio
-

> Share Class Pricing

Manager
Kunal Ghosh

Kunal Ghosh joined NACM as a Senior Vice President and Portfolio Manager in 2006.  Prior to that Kunal was a portfolio manager at Barclays Global Investors and a quantitative analyst for the Cayuga Hedge Fund.  Before beginning his career in investment management Kunal worked for several years as an engineer at Delphi Corporation (formerly Delphi Automotive Systems).

Manager
Steven Tael

Steven Tael is a Vice President and a member of the research team that oversees Nicholas-Applegate's systematic equity strategies.

Management Firm
Nicholas-Applegate Capital Management LLC (NACM)

San Diego, California

Nicholas-Applegate believes that investing in companies undergoing positive change with sustainable characteristics and timely market recognition will result in outstanding investment performance. This investment approach is supported by a foundation of academic research in behavioral finance indicating that investors react inefficiently to changing information. This market inefficiency presents mispricing opportunities that the firm capitalizes on to earn excess return.



> Management Commentary

Investors should consider the investment objectives, risks, charges and expenses of this Fund carefully before investing. This and other information is contained in the Fund´s prospectus and summary prospectus, if available, which may be obtained by contacting your financial advisor, or by calling 888-877-4626. Click here for the Fund´s prospectus or summary prospectus. Please read them carefully before you invest or send money.

This is not an offer or solicitation for the purchase or sale of any financial instrument. It is presented only to provide information on investment strategies and opportunities. The material contains the current opinions of the author, which are subject to change without notice. Statements concerning financial market trends are based on current market conditions, which will fluctuate. References to specific securities and issuers are for illustrative purposes only and are not intended to be, and should not be interpreted as, recommendations to purchase or sell such securities.

 

The Morgan Stanley Capital International (MSCI) Europe, Australasia, Far East Index (EAFE) is an unmanaged index of over 900 companies, and is a generally accepted benchmark for major overseas markets. Index weightings represent the relative capitalizations of those markets included in the index on a U.S. dollar adjusted basis.

 

Allianz NACM International Fund may invest primarily in at least three countries outside the U.S., and possibly in over 50 countries. Investing in foreign securities may entail risk due to foreign economic and political developments; this risk may be enhanced when investing in emerging markets. The Fund may also invest up to 35% of its assets in U.S. companies. This Fund may use derivative instruments for hedging purposes or as part of its investment strategy. Use of these instruments may involve certain costs and risks such as liquidity risk, interest rate risk, market risk, credit risk, management risk and the risk that a fund could not close out a position when it would be most advantageous to do so. Portfolios investing in derivatives could lose more than the principal amount invested in those instruments.

 

PIMCO Funds and Allianz Funds are distributed by Allianz Global Investors Distributors LLC, 1345 Avenue of the Americas, New York, NY 10105-4800, www.allianzinvestors.com , 1-888-877-4626.

Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED

 

Click here to view the Fund's top ten holdings and current sector weightings.

All holdings are subject to change.

 

Click here to view the Fund's current standardized performance.
CLICK TO VIEW OUR BUSINESS CONTINUITY PLAN, PROXY POLICIES & VOTING RECORDS, OR OUR PRIVACY POLICY.
About Us         Careers         Contact Us         Help

Advisor Login