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

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

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

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

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

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

The Fund seeks long-term capital appreciation. The Fund seeks to invest in equity securities of companies that are represented in one or more of the S&P Global Water Index, the Palisades Water or Global Water Indices or the Janney Water Index (Composite), or that are substantially engaged in water-related activities.

2. What are AWTIX top holdings?

AWTIX has 33 stock holdings and 0 bond holdings.

The top 10 holdings represent 54.25% of total assets. Here are the top holdings:

Name Symbol % Assets
American Water Works Co Inc AWK 9.98%
Veolia Environnement SA VIE.PA 7.43%
Danaher Corp DHR 6.31%
Xylem Inc XYL 5.74%
Halma PLC HLMA.L 5.27%
IDEX Corp IEX 5.04%
Tetra Tech Inc TTEK 3.86%
Essential Utilities Inc WTRG 3.78%
Geberit AG GEBN 3.48%
Pennon Group PLC PNN.L 3.36%

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

AWTIX has generated the following returns:

  • 1-month return is -0.95%;
  • 3-month return is -16.60%;
  • 1-year return is 1.19%;
  • 3-year return is 4.54%;
  • 5-year return is 4.98%;
  • 10-year return is 8.45%.

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

In the last 10 years, AWTIX had 7 up years and 3 down years.

5. What is AWTIX dividend yield?

AWTIX yield is 0.9%.

6. What is AWTIX minimum initial investment amount?

AWTIX minimum initial investment amount is $25.00K.

7. What is AWTIX expense ratio?

AWTIX expense ratio is 0.93%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0.92%;
  • 3-year ax cost ratio is 0.93%.

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

  • 3-year beta is 0.92;
  • 5-year beta is 0.87;
  • 10-year beta is 0.92.

11. What is AWTIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.20;
  • 5-year Sharpe ratio is 0.32;
  • 10-year Sharpe ratio is 0.53.

Analysis

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

AWTIX Finny Score is 71. Our quantitative analysis shows 5 reasons to buy AWTIX and 2 reasons to sell it, resulting in the Finny Score of 71.

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

The following are AWTIX strengths from our perspective:

  • AWTIX 3-year return is 4.54%, which is higher than the 3-year return of the benchmark index (MSCI ACWI NR USD), 4.21%.
  • AWTIX 5-year return is 4.98%, which is higher than the 5-year return of the benchmark index (MSCI ACWI NR USD), 4.32%.
  • AWTIX 10-year return is 8.45%, which is higher than the 10-year return of the benchmark index (MSCI ACWI NR USD), 7.47%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.
  • AWTIX 5-year Beta is 0.87, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.

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

The following are AWTIX weaknesses from our perspective:

  • AWTIX net assets are $169.40 million. This fund is not a popular choice with retail investors.
  • AWTIX expense ratio is 0.93%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AWTIX review, we covered AWTIX 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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