Allianz RCM BRIC Stars A Accumulation 
Overview
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.75% |
| Annual saving | 0.325% ² |
| Performance charges | No |
| Total Expense Ratio | 1.95% |
| Launch date | 22-02-2006 |
| Launch price | £1.00 |
| Sector | Specialist |
| Fund size | £704 million |
| Number of holdings | 73 |
| Fund type | OEIC |
| Type of units | Accumulation |
Please read the Simplified Prospectus in addition to the information above.
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Michael Konstantinov expects domestic consumption to drive the BRIC economies forward. He is particularly bullish about Brazil where growth is expected to be strong in 2010, particularly as the banks increase lending. Russia could also see a further bounce on the back of higher oil prices. The Indian economy should benefit from infrastructure reforms and the Chinese economy has benefited from unprecedented government stimulus.
Full research
About the Fund Manager
Michael Konstantinov
Located in: Frankfurt
Michael Konstantinov started his career in Corporate Finance at Dresdner Bank in 1991. After an investment banking trainee program he joined RCM in 1994 as portfolio manager for European equities, with emphasis on Spain and Eastern Europe. Since 1998 he has been head of the Global Emerging Markets Equities Team. Michael holds a Master's degree in Economics from the University of Frankfurt, Germany, and the Eastern Illinois University, USA. Michael is based in Frankfurt and spends a significant percentage of his time 'in the markets', leading each team member with responsibilities for parts of the BRIC Stars market universe in terms of macro economic research, stock research, company visits and brokerage contacts.
Income details
| Historic yield | 0.31% |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 31-08-2009.
Distribution dates
| Ex-dividend date | 01 May 2010 |
|---|---|
| Payment date ³ | 30 June 2010 |
Top 10 holdings
| OAO GAZPROM | 5.77% |
|---|---|
| Petroleo Brasileiro S/A ADS A | 5.31% |
| Infosys Technologies | 4.61% |
| Vale S.A. ADS Cl A Pfd. | 4.12% |
| SBERBANK CLS RUB3.0 | 3.90% |
| Reliance Industries | 3.14% |
| China Life Insurance Co. Ltd. (China) | 3.04% |
| China Mobile (Red Chip) | 3.04% |
| Industrial and Commercial Bank of China (H) | 2.56% |
| Itau Unibanco Holding S.A. ADS | 2.51% |
Top 10 sectors
| Oil & Gas Producers | 24.53% |
|---|---|
| Banks | 10.61% |
| Industrial Metals & Mining | 9.23% |
| Mobile Telecommunications | 8.54% |
| Non-Classified | 6.86% |
| Software & Computer Services | 5.98% |
| Mining | 3.60% |
| Cash and Equiv. | 3.31% |
| Bonds | 3.28% |
| Life Insurance | 3.04% |
Top 10 countries
| Brazil | 25.52% |
|---|---|
| Russian Federation | 25.36% |
| India | 19.77% |
| China | 9.58% |
| Hong Kong | 9.06% |
| Cash and Equiv. | 3.31% |
| South Africa | 2.05% |
| Luxembourg | 1.71% |
| United States | 1.47% |
| Japan | 1.03% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 17-03-2010. Data accurate as at 31/01/2010.
