Allianz Advanced Fixed Income Short Duration - A - EUR/  LU0856992614  /

Long-term capital growth above the average long-term return of the short duration European Bond Markets by investing in global bond markets with Euro exposure in accordance with the Sustainable and Responsible Investment Strategy (SRI Strategy). The Sub-Fund follows the SRI Strategy and promotes investments that take into consideration environmental, social and corporate governance criteria with simultaneous application of certain minimum exclusion criteria for direct investments. Sub-Fund assets are primarily invested in bonds as described the investment objective. Max. 30% of Sub-Fund assets may be invested in bonds other than described in the investment objective. All bonds and money market instruments must have at the time of acquisition a rating of at least B- (ABS/MBS with at least BBB-) or a comparable rating from a recognised rating agency. Max. 25% of Sub-Fund assets may be invested in High-Yield bonds bearing a typically higher risk and higher potential of gains. Max. 20% of Sub-Fund assets may be invested in Emerging Markets. Max. 10 % of Sub-Fund assets may be invested in ABS and/or MBS with Investment Grade. 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. Sub-Fund assets may be invested in options and/or future-contracts on equity indices for both, efficient portfolio management and hedging purposes but must not at any time own a net long position on equity indices. SRI Strategy fully applies as far as the acquisition of securities is concerned.

Long-term capital growth above the average long-term return of the short duration European Bond Markets by investing in global bond markets with Euro exposure in accordance with the Sustainable and Responsible Investment Strategy (SRI Strategy). The Sub-Fund follows the SRI Strategy and promotes investments that take into consideration environmental, social and corporate governance criteria with simultaneous application of certain minimum exclusion criteria for direct investments.