Allianz Enhanced Short Term Euro AT Cap EUR

Long-term capital growth above the average return of the Euro money markets by investing in global Bond Markets with Euro exposure in accordance with E/S characteristics. With the objective of achieving additional returns, the Investment Manager may also assume separate risks related to bonds and money market instruments and may engage in foreign currency overlay and thus may also assume separate currency risks, even if the Sub-Fund does not include any assets denominated in these respective currencies. Sub-Fund assets are invested in accordance with E/S characteristics. Parts of Sub-Funds assets are typically allocated to a derivative overlay strategy which aims to generate additional returns above traditional long only fixed income portfolios. The derivative overlay strategy consists predominantly of medium to long-term positions in exchange traded liquid interest rate and bond futures and, infrequently, on well risk-controlled positions in currency forwards. Sub-Fund assets may be held in deposits and are primarily invested in bonds and/or money market instruments as described in the investment objective. The residual term of each bonds may not exceed 2.5 years. Max. 65% of Sub-Fund assets may be invested in bonds (excluding money market instruments) with a min. rating of BBB+ or better. Sub-Fund assets may not be invested in High-Yield bonds. Sub-Fund assets may not be invested in ABS / MBS. Max. 30% of Sub-Fund assets may be invested in Emerging Markets. Max. 10% of Sub-Fund assets may be invested in UCITS and/or UCI. Max. 100% Sub-Fund assets may be invested in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds and/or may be held directly in time deposits and/or (up to 20% of Sub-Fund assets) in deposits at sight on a temporary basis for liquidity management and/or defensive purposes. All 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

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No