Allianz Continental European C

Targets long term capital growth by investing in European equities.

  • 314.19p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.75%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.79%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.20%

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 25 January 2022, we don’t currently provide commentary on this fund.

The Fund aims to provide investors with long term capital growth by investing in a diversified portfolio of investments in Continental European companies, predominantly focussing on larger capital stocks.

Fund summary

Sector Europe Excluding UK
Structure OEIC
Launched April, 2012
Size £386m
Yield 0.20%
Charging basis Income
Dividends paid Acc units only


Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 0.79%


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Investment process

Manager research

Average monthly relative returns

  • 17/18 0.00%
  • 18/19 0.10%
  • 19/20 0.02%
  • 20/21 1.83%
  • 21/22 0.14%

Bestinvest MRI

  • 3 years 0.66%
  • 5 years 0.00%
  • Career 0.49%
  • 3 years 98.40%
  • 5 years 0.00%
  • Career 97.70%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Thorsten Winkelmann / Marcus Morris-Eyton

Winkelmann joined Allianz in 2001 as a Junior Portfolio Manager in the Multi Asset team where he was responsible for managing the equity portions of its Balanced products. In 2006, he became a member of the Large Cap European Equity team located in Frankfurt, where he managed several European Core funds. In October 2009, Winkleman became the Co-Investment Style Leader for Growth and took over responsibility for the European Growth funds. He graduated with a master’s degree in economics from the University of Bonn in 2001.

Track record

Thorsten Winkelmann / Marcus Morris-Eyton has 4.4 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.49%. During the worst period of relative performance (from August 2018 - December 2018) there was a decline of 8% relative to the index. The worst absolute loss has been 19%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 98%.

Periods of worst performance

Absolute -19.00% (August 2018 - December 2018)
Relative -8.00% (August 2018 - December 2018)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.


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Top 10 holdings

Data accurate as at 30 November 2021

7.59% Asml Holding Nv
5.01% Novo-Nordisk As
4.79% Dsv As
4.24% Sika Ag
3.74% Kingspan Group
3.71% Lvmh Moet Hennessy Vuitton Se
3.7% Infineon Technologies Ag
3.43% Partners Group Holding
3.31% Vat Group Ag
3.02% Coloplast
Source: Trustnet

Sector breakdown

Industrials 31.00%
Technology 26.00%
Health Care 18.00%
Consumer Discretionary 12.00%
Financials 3.00%
Others 3.00%
Consumer Staples 3.00%
Basic Materials 2.00%

Key Investor Information