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

Updated: June 28, 2020
22

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

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

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

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

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

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

Fact Sheet

1. Describe Allianz Funds Multi-Strategy Trust: AllianzGI Ultra Micro Cap Fund; Institutional Class Shares (AUMIX).

The Fund seeks maximum long-term capital appreciation. The Fund seeks to invest at least 80% of its net assets primarily in equity securities of companies with market capitalizations below the median of the Russell Micro Cap Growth Index (as measured at the time of purchase).

2. What are AUMIX top holdings?

AUMIX has 103 stock holdings and 0 bond holdings.

The top 10 holdings represent 18.39% of total assets. Here are the top holdings:

Name Symbol % Assets
EverQuote Inc EVER 2.28%
Cardlytics Inc CDLX 1.97%
Veracyte Inc VCYT 1.91%
CryoPort Inc CYRX 1.84%
OrthoPediatrics Corp KIDS 1.84%
Model N Inc MODN 1.82%
Tabula Rasa HealthCare Inc TRHC 1.71%
Agilysys Inc AGYS 1.70%
Zynex Inc ZYXI 1.67%
Adesto Technologies Corp IOTS 1.65%

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

AUMIX has generated the following returns:

  • 1-month return is 18.37%;
  • 3-month return is -10.48%;
  • 1-year return is -4.95%;
  • 3-year return is 0.32%;
  • 5-year return is 0.85%;
  • 10-year return is 9.42%.

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

In the last 10 years, AUMIX had 6 up years and 4 down years.

5. What is AUMIX dividend yield?

AUMIX yield is 0%.

6. What is AUMIX minimum initial investment amount?

AUMIX minimum initial investment amount is $25.00K.

7. What is AUMIX expense ratio?

AUMIX expense ratio is 1.49%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

AUMIX 12b-1 distribution fee is 0. AUMIX front-end sales load is 0. AUMIX back-end sales load is 0.

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

  • 1-year ax cost ratio is 3.06%;
  • 3-year ax cost ratio is 5.08%.

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

  • 3-year beta is 1.21;
  • 5-year beta is 1.19;
  • 10-year beta is 1.34.

11. What is AUMIX Sharpe ratio?

  • 3-year Sharpe ratio is -0.28;
  • 5-year Sharpe ratio is -0.17;
  • 10-year Sharpe ratio is 0.42.

Analysis

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

AUMIX Finny Score is 22. Our quantitative analysis shows 2 reasons to buy AUMIX and 7 reasons to sell it, resulting in the Finny Score of 22.

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

The following are AUMIX strengths from our perspective:

  • AUMIX 10-year return is 9.42%, which is higher than the 10-year return of the benchmark index (Russell Micro Cap Growth TR USD), 9.25%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are AUMIX weaknesses from our perspective:

  • AUMIX net assets are $9.70 million. This fund is not a popular choice with retail investors.
  • AUMIX 3-year return is 0.32%, which is lower than the 3-year return of the benchmark index (Russell Micro Cap Growth TR USD), 2.69%.
  • AUMIX 5-year return is 0.85%, which is lower than the 5-year return of the benchmark index (Russell Micro Cap Growth TR USD), 1.84%.
  • AUMIX expense ratio is 1.49%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • AUMIX 3-year Beta is 1.21, which is higher than the index (S&P 500 TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • AUMIX 5-year Beta is 1.19, which is higher than the index (S&P 500 TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • AUMIX 10-year Beta is 1.34, which is higher than the index (S&P 500 TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
In the AUMIX review, we covered AUMIX 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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