AllianzGI Ultra Micro Cap Fund (GUCAX)

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AllianzGI Ultra Micro Cap Fund (GUCAX) is an actively managed equity mutual fund. This stock fund invests mainly in equity securities of ultra micro-cap companies. The managers currently define ultra micro-cap companies as those with market capitalizations less than two times the weighted average of the Russell Microcap Growth Index.

GUCAX Fund Profile

    AllianzGI Ultra Micro Cap Fund
  • Fund Inception Date: 12/19/2011
  • Ticker Symbol: GUCAX
  • CUSIP: 01880B645
  • Beta (3yr): 1.38
  • Rank in category (YTD): 87%
  • Category: Small Growth
  • Distribution Yield: 0.00%
  • Capital Gains: -
  • Expense Ratio: 2.16%
  • Net Assets: $ 104.2 million
  • Number of Years Up: 2 years
  • Number of Years Down: 1 year
  • Annual Turnover Rate: 66%
The fund managers are Robert S. Marren, John C. McCraw, K. Mathew Axline, and Stephen W. Lyford. The current yield is 0%. With expense fee of 2.16%, this class A fund has a steep sales load of 5.50%. The current share price is $23.90. The fund’s sponsor is Allianz Global Investors.

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AllianzGI Ultra Micro Cap Fund Performance

Morningstar has ranked this small growth fund with 3 star rating. This stock fund has a 3 year annualized return of 18.52%. It has returned -0.81% over the past 1 year, and 22.20% over the past 5 year. The fund performance for the past 5 years is as follows:
  • Year 2014: -3.67%
  • Year 2013: 59.48%
  • Year 2012: 19.35%
  • Year 2011: -3.71%
  • Year 2010: 49.83%
Top 5 stocks in its portfolio are: Nautilus Inc, LendingTree Inc, Motorcar Parts of America Inc, Park-Ohio Holdings Corp, and IGI Inc. Top 3 sectors are healthcare, technology, and industrials. The fund status is current not open to new investors. Please check with your brokerage for details.

Other classes of this fund are:

Fund Risks

Investing in this mutual fund involves risks such as market risk, management style risk, political risk, etc.

More: Top Small Growth Mutual Funds 2014

Pros:
  • Performance has been consistently fine for the past 3 years.
Cons:
  • The class A has a high sales load.
  • The expense fee is also very high.

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