Allianz US equity fund toasts AA rating

The £17.6m fund has been managed since April 2007 by Seung Minn, who said: “I am really pleased to be awarded this ‘AA’ rating so soon after taking over the fund. "Our investment strategy is proven, so it seemed right to bring the UK-based OEIC into line with the US Core Equity Strategy. "The aim is to outperform the S&P 500 Index using an investment process that blends quantitative techniques with fundamental research.” The fund currently holds 56 stocks, comprising 89pc in large caps and 10pc in mid caps. It invests mostly in larger US companies, while investments may also be mad...