# Part B Performance Fee
- The respective benchmark for the Performance Fee as well as the calculation method are mentioned for every Sub-Fund.
- Only Share Classes with a name affix in which the second digit is either 3, 4 or 5 may incur a performance fee.
- In case a Share Class is hedged against a certain currency, the respective benchmark is also hedged in the respective currency.


## Sub-Funds that may charge a Performance Fee, Respective Benchmark and Calculation Method
Sub-Fund Name	Benchmark	Method
| Allianz Advanced Fixed Income Euro | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE INDEX 1-10Y | 2 |
| --- | --- | --- |
| Allianz Advanced Fixed Income Global | JP MORGAN GBI GLOBAL 1-10 YEARS INDEX | 2 |
| Allianz Advanced Fixed Income Global Aggregate | BLOOMBERG BARCLAYS CAPITAL GLOBAL AGGREGATE 500 MM BOND INDEX | 2 |
| Allianz Advanced Fixed Income Short Duration | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE: 1-3 YEAR UNHEDGED | 2 |
| Allianz All China Equity | MSCI CHINA ALL SHARES NET USD INDEX | 2 |
| Allianz Alternative Investment Strategies | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Asia Innovation | MSCI AC ASIA EX JAPAN TOTAL RETURN (NET) | 2 |
| Allianz Asia Pacific Equity | MSCI AC ASIA PACIFIC EX JAPAN TOTAL RETURN (NET) | 2 |
| Allianz Asian Small Cap Equity | MSCI AC ASIA EX-JAPAN SMALL CAP TOTAL RETURN (NET) | 2 |
| Allianz Best Styles Emerging Markets Equity | MSCI EMERGING MARKETS TOTAL RETURN (NET) | 2 |
| Allianz Best Styles Emerging Markets Equity SRI | MSCI EMERGING MARKETS EXTENDED SRI 5% ISSUER CAPPED INDEX | 2 |
| Allianz Best Styles Euroland Equity | MSCI EMU TOTAL RETURN (NET) | 2 |
| Allianz Best Styles Europe Equity | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Best Styles Europe Equity SRI | MSCI EUROPE EXTENDED SRI 5% ISSUER CAPPED INDEX | 2 |
| Allianz Best Styles Global AC Equity | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Best Styles Global Equity | MSCI WORLD TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Sub-Fund Name	Benchmark	Method
| Allianz Best Styles Global Equity SRI | MSCI WORLD EXTENDED SRI 5% ISSUER CAPPED INDEX | 2 |
| --- | --- | --- |
| Allianz Best Styles US Equity | S&P 500 NET RETURN | 2 |
| Allianz Capital Plus | 70% BLOOMBERG BARCLAYS CAPITAL EURO AGGREGATE 1-10 YEARS BOND INDEX + 30% MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz China A-Shares | MSCI CHINA A ONSHORE TOTAL RETURN (NET) | 2 |
| Allianz China Equity | MSCI CHINA 10/40 INDEX TOTAL RETURN (NET) | 2 |
| Allianz Clean Planet | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Climate Transition | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Convertible Bond | EXANE EUROPE CONVERTIBLE BOND INDEX | 2 |
| Allianz Credit Opportunities | EURO OVERNIGHT INDEX AVERAGE (EONIA) p.a. | 3 |
| Allianz Credit Opportunities Plus | EURO OVERNIGHT INDEX AVERAGE (EONIA) p.a. | 3 |
| Allianz Cyber Security | MSCI ACWI INFORMATION TECHNOLOGY SECTOR INDEX | 2 |
| Allianz Discovery Germany Strategy | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Dynamic Allocation Plus Equity | MSCI WORLD TOTAL RETURN (NET) | 2 |
| Allianz Dynamic Asian High Yield Bond | JP MORGAN ASIA CREDIT INDEX (JACI) NON-INVESTMENT GRADE | 2 |
| Allianz Dynamic Multi Asset Strategy SRI 15 | 15% MSCI WORLD EXTENDED SRI 5% ISSUER CAPPED INDEX + 85% BLOOMBERG BARCLAYS MSCI EURO AGG SRI SECTOR NEUTRAL INDEX | 2 |
| Allianz Dynamic Multi Asset Strategy SRI 50 | 50% MSCI WORLD EXTENDED SRI 5% ISSUER CAPPED INDEX + 50% BLOOMBERG BARCLAYS MSCI EURO AGG SRI SECTOR NEUTRAL INDEX | 2 |
| Allianz Dynamic Multi Asset Strategy SRI 75 | 75% MSCI WORLD EXTENDED SRI 5% ISSUER CAPPED INDEX + 25% BLOOMBERG BARCLAYS MSCI EURO AGG SRI SECTOR NEUTRAL INDEX | 2 |
| Allianz Emerging Asia Equity | MSCI EMERGING FRONTIER ASIA TOTAL RETURN (NET) | 2 |
| Allianz Emerging Europe Equity | MSCI EMERGING EUROPE 10/40 | 2 |
| Allianz Emerging Markets Equity Opportunities | MSCI EMERGING MARKETS TOTAL RETURN (NET) | 2 |
| Allianz Emerging Markets Local Currency Bond | JP MORGAN GBI EM GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets Select Bond | JP MORGAN EMERGING MARKETS EQUAL WEIGHT INDEX: JP MORGAN GBI EMERGING MARKETS GLOBAL DIVERSIFIED; JP MORGAN CORPORATE EMERGING MARKETS BOND BROAD DIVERSIFIED; JP MORGAN EMBI GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets Short Duration Bond | 3-MONTH USD LIBOR | 3 |

Allianz Global Investors Fund
Sub-Fund Name	Benchmark	Method
| Allianz Emerging Markets Small Cap Equity | MSCI EMERGING MARKETS SMALL CAP | 2 |
| --- | --- | --- |
| Allianz Emerging Markets Sovereign Bond | JP MORGAN EMERGING MARKETS BOND GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets SRI Bond | JPMORGAN J-ESG EMERGING MARKETS BOND GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets SRI Corporate Bond | JPMORGAN J-ESG CORPORATE EMERGING MARKETS BOND BROAD DIVERSIFIED | 2 |
| Allianz Enhanced Short Term Euro | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Euro Balanced | 50% MSCI EMU EURO INDEX + 50% IBOXX € EUROZONE | 2 |
| Allianz Euro Bond | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE BOND INDEX | 2 |
| Allianz Euro Bond Short Term 1-3 Plus | JP MORGAN EMU BOND INDEX 1-3Y | 2 |
| Allianz Euro Bond Strategy | ICE BOFAML EMU LARGE CAP INVESTMENT GRADE | 2 |
| Allianz Euro Credit Risk Control | 50% ICE BOFA EURO CORPORATE EXCLUDING SUBORDINATED DEBT INDEX + 50% ICE BOFA BB-B EURO NON- FINANCIAL HIGH YIELD CONSTRAINED INDEX | 2 |
| Allianz Euro Credit SRI | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE CORPORATE INDEX | 2 |
| Allianz Euro Crossover SRI | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Euro Government Bond | IBOXX € SOVEREIGNS EUROZONE | 2 |
| Allianz Euro High Yield Bond | ICE BOFAML EURO HIGH YIELD BB-B RATED CONSTRAINED (HEC4) | 2 |
| Allianz Euro High Yield Defensive | ICE BOFAML EURO HIGH YIELD BB-B RATED NON FINANCIAL CONSTRAINED EURO UNHEDGED | 2 |
| Allianz Euro Inflation-linked Bond | BLOOMBERG BARCLAYS CAPITAL EURO GOVERNMENT INFLATION-LINKED BOND INDEX | 2 |
| Allianz Euro Investment Grade Bond Strategy | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE CORPORATE TOTAL RETURN INDEX (UNHEDGED EUR) | 2 |
| Allianz Euro Subordinated Financials | 80% ICE BOFAML EURO SUBORDINATED FINANCIAL INDEX + 20% ICE BOFAML EURO FINANCIAL HIGH YIELD INDEX | 2 |
| Allianz Europe Conviction Equity | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Europe Equity Growth | S&P EUROPE LARGEMIDCAP GROWTH INDEX | 2 |
| Allianz Europe Equity Growth Select | S&P EUROPE LARGE CAP GROWTH NET TOTAL RETURN | 2 |
| Allianz Europe Equity SRI | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Europe Equity Value | S&P EUROPE LARGEMIDCAP VALUE NET TOTAL RETURN | 2 |
| Allianz Europe Mid Cap Equity | MSCI EUROPE MID CAP TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Sub-Fund Name	Benchmark	Method
| Allianz Europe Small Cap Equity | MSCI EUROPE SMALL CAP TOTAL RETURN (NET) | 2 |
| --- | --- | --- |
| Allianz European Bond Unconstrained Plus | EURO OVERNIGHT INDEX AVERAGE (EONIA) p.a. | 3 |
| Allianz Event Driven Strategy | LIBOR USD OVERNIGHT | 3 |
| Allianz Fixed Income Macro | SONIA | 3 |
| Allianz Floating Rate Notes Plus | EURO OVERNIGHT INDEX AVERAGE (EONIA) CAPITALIZED | 3 |
| Allianz Food Security | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz German Equity | DAX (AUCTION) | 2 |
| Allianz German Small and Micro Cap | SDAX INDEX | 2 |
| Allianz Global Aggregate Bond | BLOOMBERG BARCLAYS GLOBAL AGGREGATE BOND INDEX | 2 |
| Allianz Global Equity | MSCI WORLD TOTAL RETURN (NET) | 2 |
| Allianz Global Equity Unconstrained | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Global Floating Rate Notes Plus | 3-MONTH USD LIBOR | 3 |
| Allianz Global Government Bond | FTSE WORLD GOVERNMENT BOND INDEX USD | 2 |
| Allianz Global High Yield | ICE BOFAML GLOBAL HIGH YIELD CONSTRAINED INDEX, HEDGED | 2 |
| Allianz Global Inflation-Linked Bond | BLOOMBERG BARCLAYS WORLD GOVT INFLATION-LINKED ALL MATURITIES TOTAL RETURN, UNHEDGED IN USD | 2 |
| Allianz Global Intelligent Cities | 70% MSCI ALL COUNTRY WORLD INDEX+ 30% BLOOMBERG BARCLAYS CAPITAL GLOBAL AGGREGATE BOND INDEX | 2 |
| Allianz Global Metals and Mining | EUROMONEY GLOBAL MINING NET TOTAL RETURN | 2 |
| Allianz Global Multi-Asset Credit | 3-MONTH USD LIBOR | 3 |
| Allianz Global Multi-Asset Credit SRI | 3-MONTH USD LIBOR | 3 |
| Allianz Global Opportunistic Bond | SECURED OVERNIGHT FINANCING RATE (SOFR) | 3 |
| Allianz Global Small Cap Equity | MSCI WORLD SMALL CAP TOTAL RETURN (NET) | 2 |
| Allianz Global Smaller Companies | MSCI WORLD SMID CAP INDEX (USD) | 2 |
| Allianz Global Sustainability | DOW JONES SUSTAINABILITY WORLD INDEX (TOTAL RETURN) | 2 |
| Allianz Global Water | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Sub-Fund Name	Benchmark	Method
| Allianz Green Bond | ICE BOFAML GREEN BOND INDEX (HEDGED INTO EUR) | 2 |
| --- | --- | --- |
| Allianz Hong Kong Equity | HANG SENG INDEX (TOTAL RETURN) | 2 |
| Allianz India Equity | MSCI INDIA TOTAL RETURN (NET) | 2 |
| Allianz Indonesia Equity | JAKARTA COMPOSITE INDEX | 2 |
| Allianz Japan Equity | TOKYO STOCK PRICE INDEX (TOPIX) TOTAL RETURN | 2 |
| Allianz Japan Equity Long Short Strategy | JPY UNCOLLATERALIZED OVERNIGHT CALL RATE | 3 |
| Allianz Korea Equity | KOREA SE COMPOSITE INDEX | 2 |
| Allianz Little Dragons | MSCI AC ASIA EX JAPAN MID CAP TOTAL RETURN (NET) | 2 |
| Allianz Merger Arbitrage Strategy | EURO OVERNIGHT INDEX AVERAGE (EONIA) + 0.50% p.a. | 3 |
| Allianz Multi Asset Long / Short | LIBOR USD OVERNIGHT | 3 |
| Allianz Multi Asset Opportunities | LIBOR USD OVERNIGHT | 3 |
| Allianz Multi Asset Risk Premia | LIBOR USD OVERNIGHT | 3 |
| Allianz Oriental Income | MSCI AC ASIA PACIFIC TOTAL RETURN (NET) | 2 |
| Allianz Pet and Animal Wellbeing | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Positive Change | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Selective Global High Income | SECURED OVERNIGHT FINANCING RATE (SOFR) | 3 |
| Allianz Smart Energy | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Strategic Bond | BLOOMBERG BARCLAYS CAPITAL GLOBAL AGGREGATE BOND INDEX (HEDGED USD) | 2 |
| Allianz Structured Alpha Strategy | EURO OVERNIGHT INDEX AVERAGE (EONIA) (for W25/WT25: EONIA + 3.00% p.a.) | 3 |
| Allianz Structured Return | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Sustainable Health Evolution | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Thailand Equity | THAILAND SET INDEX | 2 |
| Allianz Thematica | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Total Return Asian Equity | MSCI AC ASIA EX JAPAN TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Sub-Fund Name	Benchmark	Method
| Allianz Treasury Short Term Plus Euro | EURO INTERBANK OFFERED RATE (EURIBOR) 3-MONTH | 3 |
| --- | --- | --- |
| Allianz Unconstrained Multi Asset Strategy | LIBOR EUR OVERNIGHT | 3 |
| Allianz US Equity Fund | S&P 500 TOTAL RETURN | 2 |
| Allianz US Short Term Plus | ICE BOFAML 1-YEAR U.S. TREASURY NOTE INDEX | 2 |
| Allianz Volatility Strategy Fund | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Voyager Asia | FEDERAL FUNDS EFFECTIVE RATE US + 1.00% p.a. | 3 The Performance Fee accrual, in any given financial year, shall not exceed 1.50% of the average net asset value of the relevant Share Class of the Sub-Fund. |

Allianz Global Investors Fund

## General Participation Rates applicable to all Sub-Funds that may charge a Performance Fee unless otherwise stated below
The Management Company has discretion to levy a lower Performance Fee at its own discretion.
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Participation Rate |
|  | 30% | 30% | 30% | 30% |  | 30% |  |  |  |  |  |  |  |  |  |  |
|  | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  |  | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |


## Sub-Fund-Specific Participation Rates on an Individual Basis
The Management Company has discretion to levy a lower Performance Fee at its own discretion.
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 20% | 20% | 20% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Asian Small Cap | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 20% | 20% | 20% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Equity |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 20% | 20% | 20% | 20% |  | 20% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 30% | 30% | 20% | 20% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 20% | 20% | 20% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Discovery Germany | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 20% | 20% | 20% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Strategy |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 20% | 20% | 20% | 20% |  | 20% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 30% | 30% | 20% | 20% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 20% | 20% | 20% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Enhanced Short | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 20% | 20% | 20% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Term Euro |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 20% | 20% | 20% | 20% |  | 20% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 20% | 30% | 30% | 20% | 20% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Europe Equity | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Growth |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 30% | 30% | 30% | 30% |  | 30% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 30% | 30% | 30% | 30% | 30% | 30% | 20% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 30% | 30% | 30% | 20% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Merger Arbitrage | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Strategy |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 30% | 30% | 30% | 30% |  | 30% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 30% | 30% | 30% | 30% | 30% | 30% | 20% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 30% | 30% | 30% | 20% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% | 30% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Multi Asset Long / | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Short |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 25% | 25% | 25% | 25% |  | 25% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% | 25% | 25% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Multi Asset | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Opportunities |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 25% | 25% | 25% | 25% |  | 25% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% | 25% | 25% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Multi Asset Risk | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Premia |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 25% | 25% | 25% | 25% |  | 25% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% | 25% | 25% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 20% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Structured Alpha | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 20% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Strategy |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 20% | 30% | 30% | 30% |  | 30% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 20% | 30% | 30% | 20% | 30% | 30% | 20% | 30% | 20% | 30% | 20% | 30% | 20% | 30% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20% | 30% | 30% | 20% | 50% | 20% | 30% | 20% | 30% | 20% | 30% | 30% | 30% | 20% | 30% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 15% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Structured Return | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 15% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 15% | 30% | 30% | 30% |  | 30% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  |  | 15% | 30% | 30% | 15% | 30% | 30% | 15% | 30% | 15% | 30% | 15% | 30% | 15% | 30% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 15% | 30% | 30% | 15% | 30% | 15% | 30% | 15% | 30% | 15% | 30% | 30% | 30% | 15% | 30% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Unconstrained | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 25% | 25% | 25% |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Multi Asset Strategy |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Share Class / Name Affix |
|  | 25% | 25% | 25% | 25% |  | 25% |  |  |  |  |  |  |  |  |  |  |
| Participation Rate | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 30% | 30% | 25% | 25% |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30% | 30% | 30% |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund

Translation (ENDE, 2021-03-10):
# Teil B Erfolgsbezogene Vergütung
Die folgenden Erläuterungen gelten nur für Teilfonds, die eine erfolgsbezogene Vergütung erheben dürfen:
- Die jeweilige Benchmark für die erfolgsbezogene Vergütung sowie die jeweilige Berechnungsmethode wird für jeden Teilfonds angegeben.
- Nur Anteilklassen mit einem Namenszusatz, bei dem die zweite Ziffer entweder 3, 4 oder 5 ist, können eine erfolgsbezogene Vergütung erheben.
- Wenn eine Anteilklasse gegenüber einer bestimmten Währung abgesichert wird, so wird auch die entsprechende Benchmark gegenüber der jeweiligen Währung abgesichert.


## Teilfonds, die eine erfolgsbezogene Vergütung erheben dürfen, entsprechende Benchmark und Berechnungsmethode
Name des Teilfonds	Benchmark	Methode
Allianz Advanced Fixed Income Euro Allianz Advanced Fixed Income Global
Allianz Advanced Fixed Income Global Aggregate Allianz Advanced Fixed Income Short Duration Allianz All China Equity
Allianz Alternative Investment Strategies Allianz Asia Innovation
Allianz Asia Pacific Equity Allianz Asian Small Cap Equity
Allianz Best Styles Emerging Markets Equity Allianz Best Styles Emerging Markets Equity SRI Allianz Best Styles Euroland Equity
Allianz Best Styles Europe Equity Allianz Best Styles Europe Equity SRI Allianz Best Styles Global AC Equity Allianz Best Styles Global Equity
BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE INDEX 1-10Y	2
JP MORGAN GBI GLOBAL 1-10 YEARS INDEX	2
BLOOMBERG BARCLAYS CAPITAL GLOBAL AGGREGATE 500 MM BOND INDEX	2
BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE: 1-3 YEAR UNHEDGED	2
MSCI CHINA ALL SHARES NET USD INDEX	2
EURO OVERNIGHT INDEX AVERAGE (EONIA)	3
MSCI AC ASIA EX JAPAN TOTAL RETURN (NET)	2
MSCI AC ASIA PACIFIC EX JAPAN TOTAL RETURN (NET)	2
MSCI AC ASIA EX-JAPAN SMALL CAP TOTAL RETURN (NET)	2
MSCI EMERGING MARKETS TOTAL RETURN (NET)	2
MSCI EMERGING MARKETS EXTENDED SRI 5% ISSUER CAPPED INDEX	2
MSCI EMU TOTAL RETURN (NET)	2
MSCI EUROPE TOTAL RETURN (NET)	2
MSCI EUROPE EXTENDED SRI 5% ISSUER CAPPED INDEX	2
MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET)	2
MSCI WORLD TOTAL RETURN (NET)	2
Allianz Global Investors Fund
Name des Teilfonds	Benchmark	Methode
| Allianz Best Styles Global Equity SRI | MSCI WORLD EXTENDED SRI 5% ISSUER CAPPED INDEX | 2 |
| --- | --- | --- |
| Allianz Best Styles US Equity | S&P 500 NET RETURN | 2 |
| Allianz Capital Plus | 70 % BLOOMBERG BARCLAYS CAPITAL EURO AGGREGATE 1-10 YEARS BOND INDEX + 30 % MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz China A-Shares | MSCI CHINA A ONSHORE TOTAL RETURN (NET) | 2 |
| Allianz China Equity | MSCI CHINA 10/40 INDEX TOTAL RETURN (NET) | 2 |
| Allianz Clean Planet | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Climate Transition | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Convertible Bond | EXANE EUROPE CONVERTIBLE BOND INDEX | 2 |
| Allianz Credit Opportunities | EURO OVERNIGHT INDEX AVERAGE (EONIA) p. a. | 3 |
| Allianz Credit Opportunities Plus | EURO OVERNIGHT INDEX AVERAGE (EONIA) p. a. | 3 |
| Allianz Cyber Security | MSCI ACWI INFORMATION TECHNOLOGY SECTOR INDEX | 2 |
| Allianz Discovery Germany Strategy | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Dynamic Allocation Plus Equity | MSCI WORLD TOTAL RETURN (NET) | 2 |
| Allianz Dynamic Asian High Yield Bond | JP MORGAN ASIA CREDIT INDEX (JACI) NON-INVESTMENT GRADE | 2 |
| Allianz Dynamic Multi Asset Strategy SRI 15 | 15 % MSCI WORLD EXTENDED SRI 5 % ISSUER CAPPED INDEX + 85 % BLOOMBERG BARCLAYS MSCI EURO AGG SRI SECTOR NEUTRAL INDEX | 2 |
| Allianz Dynamic Multi Asset Strategy SRI 50 | 50 % MSCI WORLD EXTENDED SRI 5 % ISSUER CAPPED INDEX + 50 % BLOOMBERG BARCLAYS MSCI EURO AGG SRI SECTOR NEUTRAL INDEX | 2 |
| Allianz Dynamic Multi Asset Strategy SRI 75 | 75 % MSCI WORLD EXTENDED SRI 5 % ISSUER CAPPED INDEX + 25 % BLOOMBERG BARCLAYS MSCI EURO AGG SRI SECTOR NEUTRAL INDEX | 2 |
| Allianz Emerging Asia Equity | MSCI EMERGING FRONTIER ASIA TOTAL RETURN (NET) | 2 |
| Allianz Emerging Europe Equity | MSCI EMERGING EUROPE 10/40 | 2 |
| Allianz Emerging Markets Equity Opportunities | MSCI EMERGING MARKETS TOTAL RETURN (NET) | 2 |
| Allianz Emerging Markets Local Currency Bond | JP MORGAN GBI EM GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets Select Bond | JP MORGAN EMERGING MARKETS EQUAL WEIGHT INDEX: JP MORGAN GBI EMERGING MARKETS GLOBAL DIVERSIFIED; JP MORGAN CORPORATE EMERGING MARKETS BOND BROAD DIVERSIFIED; JP MORGAN EMBI GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets Short Duration Bond | 3-MONTH USD LIBOR | 3 |

Allianz Global Investors Fund
Name des Teilfonds	Benchmark	Methode
| Allianz Emerging Markets Small Cap Equity | MSCI EMERGING MARKETS SMALL CAP | 2 |
| --- | --- | --- |
| Allianz Emerging Markets Sovereign Bond | JP MORGAN EMERGING MARKETS BOND GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets SRI Bond | JPMORGAN J-ESG EMERGING MARKETS BOND GLOBAL DIVERSIFIED | 2 |
| Allianz Emerging Markets SRI Corporate Bond | JPMORGAN J-ESG CORPORATE EMERGING MARKETS BOND BROAD DIVERSIFIED | 2 |
| Allianz Enhanced Short Term Euro | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Euro Balanced | 50 % MSCI EMU EURO INDEX + 50 % IBOXX € EUROZONE | 2 |
| Allianz Euro Bond | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE BOND INDEX | 2 |
| Allianz Euro Bond Short Term 1-3 Plus | JP MORGAN EMU BOND INDEX 1-3Y | 2 |
| Allianz Euro Bond Strategy | ICE BOFAML EMU LARGE CAP INVESTMENT GRADE | 2 |
| Allianz Euro Credit Risk Control | 50 % ICE BOFA EURO CORPORATE EXCLUDING SUBORDINATED DEBT INDEX + 50 % ICE BOFA BB-B EURO NON-FINANCIAL HIGH YIELD CONSTRAINED INDEX | 2 |
| Allianz Euro Credit SRI | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE CORPORATE INDEX | 2 |
| Allianz Euro Crossover SRI | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Euro Government Bond | IBOXX € SOVEREIGNS EUROZONE | 2 |
| Allianz Euro High Yield Bond | ICE BOFAML EURO HIGH YIELD BB-B RATED CONSTRAINED (HEC4) | 2 |
| Allianz Euro High Yield Defensive | ICE BOFAML EURO HIGH YIELD BB-B RATED NON FINANCIAL CONSTRAINED EURO UNHEDGED | 2 |
| Allianz Euro Inflation-linked Bond | BLOOMBERG BARCLAYS CAPITAL EURO GOVERNMENT INFLATION-LINKED BOND INDEX | 2 |
| Allianz Euro Investment Grade Bond Strategy | BLOOMBERG BARCLAYS CAPITAL EURO-AGGREGATE CORPORATE TOTAL RETURN INDEX (UNHEDGED EUR) | 2 |
| Allianz Euro Subordinated Financials | 80 % ICE BOFAML EURO SUBORDINATED FINANCIAL INDEX + 20 % ICE BOFAML EURO FINANCIAL HIGH YIELD INDEX | 2 |
| Allianz Europe Conviction Equity | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Europe Equity Growth | S&P EUROPE LARGEMIDCAP GROWTH INDEX | 2 |
| Allianz Europe Equity Growth Select | S&P EUROPE LARGE CAP GROWTH NET TOTAL RETURN | 2 |
| Allianz Europe Equity SRI | MSCI EUROPE TOTAL RETURN (NET) | 2 |
| Allianz Europe Equity Value | S&P EUROPE LARGEMIDCAP VALUE NET TOTAL RETURN | 2 |
| Allianz Europe Mid Cap Equity | MSCI EUROPE MID CAP TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Name des Teilfonds	Benchmark	Methode
| Allianz Europe Small Cap Equity | MSCI EUROPE SMALL CAP TOTAL RETURN (NET) | 2 |
| --- | --- | --- |
| Allianz European Bond Unconstrained Plus | EURO OVERNIGHT INDEX AVERAGE (EONIA) p. a. | 3 |
| Allianz Event Driven Strategy | LIBOR USD OVERNIGHT | 3 |
| Allianz Fixed Income Macro | SONIA | 3 |
| Allianz Floating Rate Notes Plus | EURO OVERNIGHT INDEX AVERAGE (EONIA) CAPITALIZED | 3 |
| Allianz Food Security | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz German Equity | DAX (AUCTION) | 2 |
| Allianz German Small and Micro Cap | SDAX INDEX | 2 |
| Allianz Global Aggregate Bond | BLOOMBERG BARCLAYS GLOBAL AGGREGATE BOND INDEX | 2 |
| Allianz Global Equity | MSCI WORLD TOTAL RETURN (NET) | 2 |
| Allianz Global Equity Unconstrained | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Global Floating Rate Notes Plus | 3-MONTH USD LIBOR | 3 |
| Allianz Global Government Bond | FTSE WORLD GOVERNMENT BOND INDEX USD | 2 |
| Allianz Global High Yield | ICE BOFAML GLOBAL HIGH YIELD CONSTRAINED INDEX, HEDGED | 2 |
| Allianz Global Inflation-Linked Bond | BLOOMBERG BARCLAYS WORLD GOVT INFLATION-LINKED ALL MATURITIES TOTAL RETURN, UNHEDGED IN USD | 2 |
| Allianz Global Intelligent Cities | 70% MSCI ALL COUNTRY WORLD INDEX+ 30% BLOOMBERG BARCLAYS CAPITAL GLOBAL AGGREGATE BOND INDEX | 2 |
| Allianz Global Metals and Mining | EUROMONEY GLOBAL MINING NET TOTAL RETURN | 2 |
| Allianz Global Multi-Asset Credit | 3-MONTH USD LIBOR | 3 |
| Allianz Global Multi-Asset Credit SRI | 3-MONTH USD LIBOR | 3 |
| Allianz Global Opportunistic Bond | SECURED OVERNIGHT FINANCING RATE (SOFR) | 3 |
| Allianz Global Small Cap Equity | MSCI WORLD SMALL CAP TOTAL RETURN (NET) | 2 |
| Allianz Global Smaller Companies | MSCI WORLD SMID CAP INDEX (USD) | 2 |
| Allianz Global Sustainability | DOW JONES SUSTAINABILITY WORLD INDEX (TOTAL RETURN) | 2 |
| Allianz Global Water | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Name des Teilfonds	Benchmark	Methode
| Allianz Green Bond | ICE BOFAML GREEN BOND INDEX (HEDGED INTO EUR) | 2 |
| --- | --- | --- |
| Allianz Hong Kong Equity | HANG SENG INDEX (TOTAL RETURN) | 2 |
| Allianz India Equity | MSCI INDIA TOTAL RETURN (NET) | 2 |
| Allianz Indonesia Equity | JAKARTA COMPOSITE INDEX | 2 |
| Allianz Japan Equity | TOKYO STOCK PRICE INDEX (TOPIX) TOTAL RETURN | 2 |
| Allianz Japan Equity Long Short Strategy | JPY UNCOLLATERALIZED OVERNIGHT CALL RATE | 3 |
| Allianz Korea Equity | KOREA SE COMPOSITE INDEX | 2 |
| Allianz Little Dragons | MSCI AC ASIA EX JAPAN MID CAP TOTAL RETURN (NET) | 2 |
| Allianz Merger Arbitrage Strategy | EURO OVERNIGHT INDEX AVERAGE (EONIA) + 0,50 % p. a. | 3 |
| Allianz Multi Asset Long / Short | LIBOR USD OVERNIGHT | 3 |
| Allianz Multi Asset Opportunities | LIBOR USD OVERNIGHT | 3 |
| Allianz Multi Asset Risk Premia | LIBOR USD OVERNIGHT | 3 |
| Allianz Oriental Income | MSCI AC ASIA PACIFIC TOTAL RETURN (NET) | 2 |
| Allianz Pet and Animal Wellbeing | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Positive Change | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Selective Global High Income | SECURED OVERNIGHT FINANCING RATE (SOFR) | 3 |
| Allianz Smart Energy | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Strategic Bond | BLOOMBERG BARCLAYS CAPITAL GLOBAL AGGREGATE BOND INDEX (HEDGED USD) | 2 |
| Allianz Structured Alpha Strategy | EURO OVERNIGHT INDEX AVERAGE (EONIA) (FÜR W25/WT25: EONIA + 3,00 % p. a.) | 3 |
| Allianz Structured Return | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Sustainable Health Evolution | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Thailand Equity | THAILAND SET INDEX | 2 |
| Allianz Thematica | MSCI ALL COUNTRIES WORLD INDEX TOTAL RETURN (NET) | 2 |
| Allianz Total Return Asian Equity | MSCI AC ASIA EX JAPAN TOTAL RETURN (NET) | 2 |

Allianz Global Investors Fund
Name des Teilfonds	Benchmark	Methode
| Allianz Treasury Short Term Plus Euro | EURO INTERBANK OFFERED RATE (EURIBOR) 3-MONTH | 3 |
| --- | --- | --- |
| Allianz Unconstrained Multi Asset Strategy | LIBOR EUR OVERNIGHT | 3 |
| Allianz US Equity Fund | S&P 500 TOTAL RETURN | 2 |
| Allianz US Short Term Plus | ICE BOFAML 1-YEAR U.S. TREASURY NOTE INDEX | 2 |
| Allianz Volatility Strategy Fund | EURO OVERNIGHT INDEX AVERAGE (EONIA) | 3 |
| Allianz Voyager Asia | FEDERAL FUNDS EFFECTIVE RATE US + 1,00 % p. a. | 3 Die Abgrenzung der erfolgsbezogenen Vergütung darf in einem Geschäftsjahr 1,50 % des durch- schnittlichen Nettoinventarwerts der jeweiligen Aktienklasse des Teilfonds nicht übersteigen. |

Allianz Global Investors Fund

## Allgemeine Beteiligungssätze für alle Teilfonds, die eine erfolgsbezogene Vergütung berechnen dürfen, soweit im Folgenden nichts anderes aufgeführt ist
Die Verwaltungsgesellschaft kann nach eigenem Ermessen eine geringere erfolgsbezogene Vergütung erheben.
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Beteiligungssatz |  | 30 % | 30 % | 30 % | 30 % |  | 30 % |  |  |  |  |  |  |  |  |  |  |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  |  | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |


## Spezifische Beteiligungssätze der einzelnen Teilfonds
Die Verwaltungsgesellschaft kann nach eigenem Ermessen eine geringere erfolgsbezogene Vergütung erheben.
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 20 % | 20 % | 20 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Asian Small Cap |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Equity |
|  | 20 % | 20 % | 20 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 20 % | 20 % | 20 % | 20 % |  | 20 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 30 % | 30 % | 20 % | 20 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 20 % | 20 % | 20 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Discovery Germany |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Strategy |
|  | 20 % | 20 % | 20 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 20 % | 20 % | 20 % | 20 % |  | 20 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 30 % | 30 % | 20 % | 20 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 20 % | 20 % | 20 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Enhanced Short |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Term Euro |
|  | 20 % | 20 % | 20 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 20 % | 20 % | 20 % | 20 % |  | 20 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 20 % | 30 % | 30 % | 20 % | 20 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Europe Equity |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Growth |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % | 30 % |  | 30 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 20 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 30 % | 30 % | 30 % | 20 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Merger Arbitrage |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Strategy |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % | 30 % |  | 30 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 20 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 30 % | 30 % | 30 % | 20 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % | 30 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Multi Asset Long / |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Short |
|  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 25 % | 25 % | 25 % | 25 % |  | 25 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % | 25 % | 25 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Multi Asset |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Opportunities |
|  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 25 % | 25 % | 25 % | 25 % |  | 25 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % | 25 % | 25 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Multi Asset Risk |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Premia |
|  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 25 % | 25 % | 25 % | 25 % |  | 25 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % | 25 % | 25 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 20 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Structured Alpha |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Strategy |
|  | 20 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
|  | 20 % | 30 % | 30 % | 30 % |  | 30 % |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |
|  | 20 % | 30 % | 30 % | 20 % | 30 % | 30 % | 20 % | 30 % | 20 % | 30 % | 20 % | 30 % | 20 % | 30 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 20 % | 30 % | 30 % | 20 % | 50 % | 20 % | 30 % | 20 % | 30 % | 20 % | 30 % | 30 % | 30 % | 20 % | 30 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  | 15 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | - | - | - |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Structured Return | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 15 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Anteilklasse/ |
| I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |
|  | 15 % | 30 % | 30 % | 30 % |  | 30 % |  |  |  |  |  |  |  |  |  |  |
| Beteiligungssatz | P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
|  |  | 15 % | 30 % | 30 % | 15 % | 30 % | 30 % | 15 % | 30 % | 15 % | 30 % | 15 % | 30 % | 15 % | 30 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 15 % | 30 % | 30 % | 15 % | 30 % | 15 % | 30 % | 15 % | 30 % | 15 % | 30 % | 30 % | 30 % | 15 % | 30 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | A/AT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | D/DT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Allianz Unconstrained | R/RT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 25 % | 25 % | 25 % |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Multi Asset Strategy |
| Anteilklasse/ | I/IT | 13 | 14 | 15 | 73 |  | 75 |  |  |  |  |  |  |  |  |  |  |
| Namenszusatz |  | 25 % | 25 % | 25 % | 25 % |  | 25 % |  |  |  |  |  |  |  |  |  |  |
| P/PT | 13 | 14 | 15 | 23 | 24 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 73 | 75 |
| Beteiligungssatz |  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % |
|  | W/WT | 13 | 14 | 15 | 23 | 25 | 33 | 35 | 43 | 45 | 53 | 55 | 63 | 65 | 93 | 95 |  |
|  |  | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 25 % | 30 % | 30 % | 25 % | 25 % |  |
|  | Y/YT | 13 | 14 | 15 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 30 % | 30 % | 30 % |  |  |  |  |  |  |  |  |  |  |  |  |  |

Allianz Global Investors Fund