$Allianz Income and Growth Fund MDis (LU0820561818.MF)$ It fulfills the two wishes of a large number of investors at once: to have a dividend and at the same time increase in capital. This hybrid bond fund is pretty much flawless, but there are a few areas to consider if you want to invest.
I did a quick basic analysis before asking some questions to think about and discuss. (The data in the article will be marked with a [number], so as not to disturb reading, the source of the data is placed in the text.)
📖 Fundamentals
🟢 Advantage:
- According to the September Fund Monthly Report, the Fund invests in high-yield bonds (33.7%), transferable bonds (33.4%) and U.S. large-cap stocks (33%), with a bond ratio of 3:7. Two types of bonds yield, and stocks increase in value. Investing in one fund can have a mixed portfolio of assets.
- The investment strategy of the fund has changed over the years and the style is consistent. The fund has received Morningstar's highest five-star rating, representing industry recognition. The team is relatively stable. Since its inception in 2011, the Fund's team has not changed people and the number of employees has grown steadily. The current Lead Manager is Douglas (Doug) Forsyth, who will step down in March next year and will be succeeded by Justin Kass, who has co-managed the fund for many years, to ensure that the fund operates as usual. [1]
- The Fund recorded losses of less than 5% in 2015 and 2018, with positive returns for the previous year. [3,4]
- Dividends are available for each month of the year (non-dividend stocks will be reinvested in dividends).
- Since its inception, the Fund...