Allianz Nebenwerte Deutschland I20 EUR/  DE000A2ATB65  /

Applying the strategy for sustainable key indicators with the relative approach ("KPI Strategy (Relative)"), the objective of the Fund"s investment policy is to generate long-term capital growth by investing mainly in the German mid-cap equity markets within the framework of the investment principles. The Fund follows the KPI Strategy (Relative) and promotes the reduction of greenhouse gas emissions. One of the "key indicators" used when applying the KPI Strategy (Relative) measures the Fund"s greenhouse gas intensity (GHG intensity). This is determined using the weighted average intensity of the greenhouse gas emissions of the issuers in the Fund"s portfolio, which in turn is calculated based on the annual turnover of each company concerned. Reducing greenhouse gas emissions is taken into account insofar as the GHG intensity of the Fund must be 20% lower than the GHG intensity of the Fund"s benchmark. Moreover, in the context of pursuing the KPI Strategy (Relative), certain issuers are excluded on the basis of applying minimum exclusion criteria. Furthermore, investments are not made in issuers that fail to apply good corporate governance practices.

Applying the strategy for sustainable key indicators with the relative approach ("KPI Strategy (Relative)"), the objective of the Fund"s investment policy is to generate long-term capital growth by investing mainly in the German mid-cap equity markets within the framework of the investment principles.