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AllianzGI Structured Return P AZIPX

Analyst rating as of
NAV / 1-Day Return
10.46  /  0.10 %
Total Assets
25.8 Mil
Adj. Expense Ratio
0.820%
Expense Ratio
0.820%
Fee Level
Low
Longest Manager Tenure
7.89 years
Category
US Fund Option Writing
Alt Style Correlation / Relative Volatility
High / Low
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
2.97%
Turnover
127%
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Morningstar’s Analysis

Will AZIPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A failure in risk management.

Senior Analyst

Summary

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AllianzGI Structured Return suffered greater-than-expected losses amid the market sell-off in March 2020. Since then, the team has derisked the portfolio and is entering more-conservative options trades to limit further losses. Because of the failure in risk management protocols and the uncertainty arising from changes to the strategy's execution, its Morningstar Analyst Rating has been downgraded to Negative across all share classes.

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