Allianz Dynamic Allocation Plus Equity - A - EUR/  LU2243729576  /

The investment policy aims at long-term capital growth by investing in a broad range of asset classes, taking advantage of the risk and return opportunities of both, the global Equity Markets and a Multi Asset Long / Short approach. Min. 70% of Sub-Fund assets are invested in bonds, Equities and/or other asset classes in accordance with the Sub-Fund's investment objective ing a gross calculation exposure approach (long exposure plus short exposure). Sub-Fund assets may be completely invested in Emerging Markets. Sub-Fund assets may be completely invested in High-Yield bonds (excluding ABS/MBS) bearing a typically higher risk and higher potential of gains. Sub- Fund assets may not be invested in ABS/MBS. Sub-Fund's strategy aims to generate a leveraged risk exposure through the use of derivatives in comparison to a portfolio which would allocate each asset class by the acquisition of assets without the use of derivatives. The use of derivatives may include, but is not limited to, the use of futures, forward contracts, options and swaps such as total return swaps and, credit default swaps. The Strategy's gross exposure (long positions plus short positions) can be up to 5 times the Sub-Fund's Net Asset Value

The investment policy aims at long-term capital growth by investing in a broad range of asset classes, taking advantage of the risk and return opportunities of both, the global Equity Markets and a Multi Asset Long / Short approach.