Allianz Convertible Bond - IT - EUR/  LU0706716544  /

Long term capital growth by investing in convertible debt securities of European Bond Markets. The Sub-Fund follows the Climate Engagement with outcome Strategy and therefore promotes environmental or social characteristics by including environmental and social factors in the investment decision and engages specifically with high emitters in order to promote climate consciousness. Minimum exclusion criteria for direct investments are applied. Min. 60% of Sub-Fund assets are invested in convertible bonds as described the investment objective. Max. 40% of Sub-Fund assets may be invested in bonds other than described in the investment objective. Sub-Fund assets may be invested completely in High- Yield bonds bearing a typically higher risk and higher potential of gains, within this limit max. 10% of Sub-Fund assets may be invested in bonds with a rating of CC (Standard & Poor"s) or lower (including defaulted securities). Max. 40% 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. 20% of Sub-Fund assets may be invested in Emerging Markets. Max. 20 % of Sub- Fund assets may be invested in ABS and/or MBS. In addition, Sub-Fund assets may be invested in the exercise of subscription, conversion and option rights on investments such as convertible debt securities and/or contingent convertible bonds in Equities and comparable securities or rights.

Long term capital growth by investing in convertible debt securities of European Bond Markets. The Sub-Fund follows the Climate Engagement with outcome Strategy and therefore promotes environmental or social characteristics by including environmental and social factors in the investment decision and engages specifically with high emitters in order to promote climate consciousness. Minimum exclusion criteria for direct investments are applied.