The Fund seeks long term capital appreciation emphasizing inflation-adjusted returns | Acquired funds, individual stocks and bonds or derivatives on the securities | | Symbol ALRAX |
CUSIP Number
01880B231 |
Total Fund Assets (in millions)
$5.4 |
Share Class Inception Date
12/17/2012 |
Dividend Frequency
Annually |
Maximum Sales Charge
5.50% |
Net Expense Ratio
0.93 |
Gross Expense Ratio
7.21 |
|
| Sales Range (USD) | Fee % |
|
$0
-
$49,999
|
5.50%
|
|
$50,000
-
$99,999
|
4.50%
|
|
$100,000
-
$249,999
|
3.50%
|
|
$250,000
-
$499,999
|
2.50%
|
|
$500,000
-
$999,999
|
2.00%
|
|
$1,000,000
-
$2,000,000
|
0.00%*
|
|
$2,000,001
-
$5,000,000
|
0.00%*
|
|
$5,000,001
-
and above
|
0.00%*
|
Fund Overview
Summary
A diversified approach to hedging against inflation
Investors seeking to preserve purchasing power against the eroding effects of inflation should consider real return assets. However, choosing the appropriate real return assets in changing markets can be a challenge. To help investors navigate inflation in a wide range of economic environments, this fund manages multiple asset classes with inflation-hedging qualities in a single dynamic solution.
Why invest in this fund?
Multiple asset classes for fighting inflation
Although Treasury inflation-protected securities (TIPS) are one of the most widely used inflation-hedging tools, there are many other ways to help guard against inflation’s detrimental effects. To access the broadest opportunity set, this fund employs four real return asset classes in its multi-asset approach: TIPS, real-estate investment trusts (REITs), commodities and commodity-related stocks. The fund’s managers believe that this flexible, integrated approach can lead to a superior risk/return profile compared with a strategy that focuses largely on TIPS.
Dynamic asset allocations provides flexibility
Although many asset classes can be used to guard against inflation risk, each responds differently to changing market conditions. To navigate a wide range of inflationary environments, the fund actively deviates from its base allocation in accordance with the manager’s analysis of market and economic cycles.
Added diversification for balanced portfolios
Investors with traditional balanced portfolios of stocks and bonds may benefit from the fund’s inflation-hedging approach, and from the diversification potential provided by its multi-asset portfolio. Of course, diversification cannot ensure a profit or protect against a loss. Additionally, investors who already have static exposure to any of the fund’s underlying asset classes may benefit from its dynamic active allocation.
 Giorgio Carlino Giorgio Carlino holds a degree in economics and finance from Rome’s “La Sapienza” University, and a master in portfolio management and asset allocation from the University of Bologna (Italy), Department of Statistics. He started his career in fund management in 2001 at Commerzbank AM in Rome and then moved to Milan to join Allianz GI (formerly RAS AM) as a private client portfolio manager with responsibility for multimanager selection. He joined the Multi Asset-Multi Strategy team in Frankfurt in January 2008 and he is now the portfolio manager for the multi-asset/multi-manager funds.  Michael Stamos Dr. Michael Stamos, CFA is a portfolio manager in the Multi Asset – Multi Strategy team since 2007. He oversees various balanced mandates for institutional and retail clients. Prior to joining the company, Michael worked over 4 years as a researcher at the Institute of Investment, Portfolio Management and Pension Finance at the University of Frankfurt, where he obtained his Doctoral Degree with specialization in Finance. He was also a member of joint research collaborations with the Wharton School (Philadelphia). Michael has published and refereed various articles in international renowned scientific journals on fields as finance, economics, and insurance and he presented his work at several international conferences.  Zijian Yang Dr. Zijian Yang is a portfolio manager in Multi Asset-Multi Strategy team. He is managing multi-asset portfolios for several institutional mandates. Zijian is also involved in research and development of Investment Strategies in the team. Zijian spent a few years in Academic Research in University of Essex in the UK on finance, specializing in portfolio optimization, before he joined RCM in 2008. In 2010, he is awarded a PhD degree in Computational Finance from University of Essex.
|
Share