AGIF-Allianz Em.Markets Sh.D.B W7 EUR H/  LU2305039823  /

Long-term capital growth and income by investing in short duration bonds of Emerging Bond Markets denominated in USD. Min. 70% of Sub-Fund assets are invested in bonds of Emerging Markets with a rating of B- (Standard & Poor's) or better and/or in bonds of countries which are constituents of the JP Morgan Emerging Market Bond Index Global Diversified or the JP Morgan Corporate Emerging Market Bond Index and which are denominated in USD. Max. 30% of Sub-Fund assets may be invested in bonds other than described in the investment objective. Max. 15% of Sub-Fund assets may be invested in PRC Bond Markets. Sub-Fund assets may be invested in High-Yield bonds bearing a typically higher risk and higher potential of gains. Sub-Fund assets are not invested in ABS and/or MBS. All bonds and money market instruments must have at the time of acquisition a rating of at least B- or a comparable rating from a recognised rating agency. Max. 100% Sub-Fund assets may be held in deposits and/or may be invested directly in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds on a temporary basis for liquidity management and/or defensive purpose. Max. 10% of Sub-Fund assets may be invested in UCITS and/or UCI. Duration of Sub-Fund assets should be between one and three years. We follow an active management approach with the aim to outperform the Benchmark. In selecting and weighting the SubFund's assets we do not replicate or reproduce the Benchmark. Sub-Fund assets therefore deviate significantly from the Benchmark.

Long-term capital growth and income by investing in short duration bonds of Emerging Bond Markets denominated in USD. Min. 70% of Sub-Fund assets are invested in bonds of Emerging Markets with a rating of B- (Standard & Poor's) or better and/or in bonds of countries which are constituents of the JP Morgan Emerging Market Bond Index Global Diversified or the JP Morgan Corporate Emerging Market Bond Index and which are denominated in USD.