Allianz US High Yield AT Cap $

Long-term capital growth and income by investing in high yield rated corporate bonds of US bond markets. Min. 70% of Sub-Fund assets are invested in US corporate bonds. Min. 70% of Sub-Fund assets are invested in High-Yield bonds bearing a typically higher risk and higher potential of gains, however, within this limit Sub-Fund assets may be invested also in bonds that are only rated CC (Standard & Poor's) or lower (including max. 10% of Sub-Fund assets of defaulted securities). Max. 30% of Sub-Fund assets may be invested in bonds other than described in the investment objective. Max. 30% of Sub-Fund assets may be invested in Emerging Markets. Max. 20 % of Sub-Fund assets may be invested in ABS and/or MBS. Max. 10% of Sub-Fund assets may be invested in contingent convertible bonds. Max. 10% of Sub-Fund assets may be invested in convertible bonds. Max. 10% of Sub-Fund assets may be invested in preference shares. Max. 10% of Sub-Fund assets may be invested in target funds (UCITS and/or UCI). 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. Max. 20% non-EUR Currency Exposure. The duration of the Sub-Fund assets should be between 0 and 9 years. This Sub-Fund is not managed by us in reference to a Benchmark. We follow an active management approach. You may redeem shares of the Sub-Fund usually on each business day. We reinvest the income into the Sub-Fund. Depositary: State Street Bank International GmbH - Luxembourg Branch For more information (e.g. Prospectus, Annual reports etc.), please see "OTHER RELEVANT INFORMATION".

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No