AllianzGI Micro Cap Fund A (GMCAX)

The daily section presents performance dating from the inception of the actual share class only.

 

A Word About Risk: Investments in smaller companies may be more volatile and less liquid than investments in larger companies. Securities purchased in initial public offerings have no trading history, limited issuer information and increased volatility. A high turnover rate may increase costs and taxes which can lower performance. Derivative prices depend on the performance of an underlying asset; derivatives carry market, credit and liquidity risk.

* This is the inception date of a predecessor fund, which was reorganized into the Fund on 4/12/10. The returns presented are for A shares of the Fund, which were first offered on 12/19/11. Lipper performance comparison begins on 6/30/95. Performance assumes reinvestment of dividends and capital gains distributions. Taxes on distributions or redemptions have not been deducted. 

 

 

The Russell Micro Cap Growth Index measures the performance of the microcap growth segment of the U.S. Equity market. In includes those Russell Microcap Index companies with higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Growth Index is an unmanaged index composed of those Russell 2,000 companies with higher price-to-book ratios and higher forecasted growth sales. Unless otherwise noted, index returns reflect the reinvestment of income dividends and capital gains, if any, but do not reflect fees, brokerage commissions or other expenses of investing. It is not possible to invest directly in the index.

 

The Lipper Category returns and rankings are calculated by Lipper Inc., a Reuters Company, which is a nationally recognized organization that compares the performance of mutual funds with similar investment objectives. The Category returns represent the average performance of included funds, while rankings compare an individual fund's returns to those of the other funds in its category. Both are based on total return performance, with capital gains and dividends reinvested, with annual operating expenses deducted, but without including front- or back-end sales charges. Rankings begin with the actual share class inception. Rankings are relative to a peer group and do not necessarily mean that the fund had high total returns.

 

Growth of $10,000 is calculated at NAV and assumes that all dividend and capital gain distributions were reinvested. It does not take into account sales charges or the effect of taxes. Results are not indicative of future performance.

 

The performance number from the year of the Fund's inception is the cumulative return over a partial year.