14 important things you should know about Allianz Funds ARMAX mutual fund

Updated: June 28, 2020
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Before we start: if you’re looking for ARMAX “stock” price, you can quickly find it out by visiting Finny and typing "ARMAX quote". If you’re looking for a quick scoop on ARMAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ARMAX". You’ll get all this info in one place.

Are you looking to buy or sell ARMAX? Or perhaps you’re looking for ARMAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ARMAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ARMAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ARMAX buy or sell; the pros and cons of investing in ARMAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ARMAX.

And here is the list of questions we’ll answer:

  1. Describe Allianz Funds: AllianzGI Global Natural Resources Fund; Class A Shares (ARMAX).
  2. What are ARMAX holdings?
  3. What is ARMAX performance? What are ARMAX historical returns?
  4. How many up and down years did ARMAX have historically?
  5. What is ARMAX dividend yield?
  6. What is ARMAX minimum initial investment amount?
  7. What is ARMAX expense ratio?
  8. Does ARMAX have any sales loads or 12b-1 distribution expenses?
  9. What is ARMAX tax efficiency (tax-cost ratio)?
  10. What is ARMAX beta? How would you assess ARMAX risk?
  11. What is ARMAX Sharpe ratio?
  12. What is ARMAX Finny Score? ARMAX buy or sell?
  13. What are the pros of investing in ARMAX? What are ARMAX buy reasons?
  14. What are the cons of investing in ARMAX? What are ARMAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Allianz Funds: AllianzGI Global Natural Resources Fund; Class A Shares (ARMAX).

The Fund seeks long-term capital appreciation. Under normal conditions, the Fund seeks to invests at least 80% of its assets in common stocks and other equity securities of companies engaged in oil & gas, minerals, base metals, precious metals, chemicals, fertilizers, paper products, coal, alternative energy and steel.

2. What are ARMAX top holdings?

ARMAX has 75 stock holdings and 0 bond holdings.

The top 10 holdings represent 27.68% of total assets. Here are the top holdings:

Name Symbol % Assets
BHP Group Ltd BHP.AX 3.53%
Linde PLC LIN.L 3.14%
Chevron Corp CVX 3.03%
BP PLC BP..L 2.90%
Invesco Solar ETF TAN 2.87%
Rio Tinto PLC RIO.L 2.57%
Occidental Petroleum Corp OXY 2.54%
Ecolab Inc ECL 2.52%
Total SA FP.PA 2.41%
Air Products & Chemicals Inc APD 2.17%

3. What is ARMAX performance? What are ARMAX historical returns?

ARMAX has generated the following returns:

  • 1-month return is 5.89%;
  • 3-month return is -18.45%;
  • 1-year return is -22.50%;
  • 3-year return is -9.15%;
  • 5-year return is -9.26%;
  • 10-year return is -2.48%.

4. How many up and down years did ARMAX have historically?

In the last 10 years, ARMAX had 5 up years and 5 down years.

5. What is ARMAX dividend yield?

ARMAX yield is 2.66%.

6. What is ARMAX minimum initial investment amount?

ARMAX minimum initial investment amount is $1.00K.

7. What is ARMAX expense ratio?

ARMAX expense ratio is 1.44%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does ARMAX have any sales loads or 12b-1 distribution expenses?

ARMAX 12b-1 distribution fee is 0.25. ARMAX front-end sales load is 5.5. ARMAX back-end sales load is 0.

9. What is ARMAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.07%;
  • 3-year ax cost ratio is 0.52%.

10. What is ARMAX beta? How would you assess ARMAX risk?

  • 3-year beta is 1.22;
  • 5-year beta is 1.20;
  • 10-year beta is 1.26;
  • 15-year beta is 1.27.

11. What is ARMAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.76;
  • 5-year Sharpe ratio is -0.51;
  • 10-year Sharpe ratio is -0.15;
  • 15-year Sharpe ratio is 0.07.

Analysis

12. What is ARMAX Finny Score? ARMAX buy or sell?

ARMAX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy ARMAX and 10 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in ARMAX? What are ARMAX buy reasons?

We don't see any strong reasons to buy ARMAX.

14. What are the cons of investing in ARMAX? What are ARMAX negatives?

The following are ARMAX weaknesses from our perspective:

  • ARMAX net assets are $4.20 million. This fund is not a popular choice with retail investors.
  • ARMAX 3-year return is -9.15%, which is lower than the 3-year return of the benchmark index (MSCI World NR USD), 4.85%.
  • ARMAX 5-year return is -9.26%, which is lower than the 5-year return of the benchmark index (MSCI World NR USD), 4.86%.
  • ARMAX 10-year return is -2.48%, which is lower than the 10-year return of the benchmark index (MSCI World NR USD), 8.2%.
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
  • ARMAX expense ratio is 1.44%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • ARMAX 3-year Beta is 1.22, which is higher than the index (MSCI ACWI NR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • ARMAX 5-year Beta is 1.2, which is higher than the index (MSCI ACWI NR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • ARMAX 10-year Beta is 1.26, which is higher than the index (MSCI ACWI NR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
  • ARMAX 15-year Beta is 1.27, which is higher than the index (MSCI ACWI NR USD) 15-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 15 years.
In the ARMAX review, we covered ARMAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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