# Allianz Adiverba
Asset overview at 30/06/2021
| Breakdown by asset category – country | Market value in EUR | % of net assets  *) |
| --- | --- | --- |
| I. Assets |
| 1. Equities | 435,615,119.69 | 100.92 |
| Germany | 19,400,880.00 | 4.49 |
| France | 8,534,219.40 | 1.98 |
| Italy | 10,192,875.00 | 2.36 |
| Ireland | 7,121,494.90 | 1.65 |
| Spain | 10,740,954.00 | 2.49 |
| Belgium | 8,886,528.00 | 2.06 |
| Norway | 6,032,159.89 | 1.40 |
| Finland | 10,870,535.83 | 2.52 |
| Switzerland | 25,585,128.91 | 5.92 |
| UK | 16,425,046.41 | 3.81 |
| USA | 208,162,602.83 | 48.23 |
| Canada | 33,436,445.71 | 7.74 |
| Japan | 18,314,859.93 | 4.24 |
| Taiwan | 5,388,740.19 | 1.25 |
| Hong Kong | 25,013,186.37 | 5.80 |
| Australia | 21,509,462.32 | 4.98 |
| 2. Derivatives | -440,739.00 | -0.11 |
| 3. Bank deposits, money market instruments, money market funds and money market-related funds | 1,690,512.71 | 0.39 |
| 4. Other assets | 6,731,630.89 | 1.56 |
| II. Liabilities | -11,925,227.74 | -2.76 |
| III. Fund assets | 431,671,296.55 | 100.00 |
| *)  Minor rounding differences may be the result of percentage rounding during the |

| Breakdown by asset category – currency | Market value in EUR | % of net assets  *) |
| --- | --- | --- |
| I. Assets |
| 1. Equities | 435,615,119.69 | 100.92 |
| AUD | 21,509,462.32 | 4.98 |
| CAD | 33,436,445.71 | 7.74 |
| CHF | 15,855,252.01 | 3.67 |
| EUR | 62,454,999.25 | 14.47 |
| GBP | 11,725,503.56 | 2.72 |
| HKD | 25,013,186.37 | 5.80 |
| JPY | 18,314,859.93 | 4.24 |
| NOK | 6,032,159.89 | 1.40 |
| SEK | 10,870,535.83 | 2.52 |
| TWD | 5,388,740.19 | 1.25 |
| USD | 225,013,974.63 | 52.13 |
| 2. Derivatives | -440,739.00 | -0.11 |
| 3. Bank deposits, money market instruments, money market funds and money market-related funds | 1,690,512.71 | 0.39 |
| 4. Other assets | 6,731,630.89 | 1.56 |
| II. Liabilities | -11,925,227.74 | -2.76 |
| III. Fund assets | 431,671,296.55 | 100.00 |

calculation.
| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions |  | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |  |
| Exchange-traded securities |  |  |  |  |  |  |  | 435,615,119.69 | 100.92 |
| Equities |  |  |  |  |  |  |  |  | 435,615,119.69 | 100.92 |
| Germany |  |  |  |  |  |  |  |  | 19,400,880.00 | 4.49 |
| DE0008404005 | Allianz SE vink.Namens-Aktien |  | SHS | 57,600 | 6,800 | 5,100 | EUR | 209.400 | 12,061,440.00 | 2.79 |
| DE0008430026 | Münchener Rückvers.-Ges. AG vink.Namens-Aktien |  |  |  |  |  |  |  |  |  |
|  |  | SHS | 31,800 | 12,900 | 17,500 | EUR | 230.800 | 7,339,440.00 | 1.70 |
| France |  |  |  |  |  |  |  |  | 8,534,219.40 | 1.98 |
| FR0000045072 | Crédit Agricole S.A. Actions Port. |  | SHS | 728,300 | 966,500 | 238,200 | EUR | 11.718 | 8,534,219.40 | 1.98 |
| Italy |  |  |  |  |  |  |  |  | 10,192,875.00 | 2.36 |
| IT0000072618 | Intesa Sanpaolo S.p.A. Azioni nom. |  | SHS | 4,412,500 | 3,035,700 | 1,201,700 | EUR | 2.310 | 10,192,875.00 | 2.36 |
| Ireland |  |  |  |  |  |  |  |  | 7,121,494.90 | 1.65 |
| IE00BDB6Q211 | Willis Towers Watson PLC Reg.Shares |  | SHS | 36,500 | 4,300 | 17,100 | USD | 232.190 | 7,121,494.90 | 1.65 |
| Spain |  |  |  |  |  |  |  |  | 10,740,954.00 | 2.49 |
| ES0113900J37 | Banco Santander S.A. Acciones Nom. |  | SHS | 3,335,700 | 3,335,700 | 0 | EUR | 3.220 | 10,740,954.00 | 2.49 |
| Belgium |  |  |  |  |  |  |  |  | 8,886,528.00 | 2.06 |
| BE0003565737 | KBC Groep N.V. Parts Sociales au Port. |  | SHS | 139,200 | 74,500 | 44,200 | EUR | 63.840 | 8,886,528.00 | 2.06 |
| Norway |  |  |  |  |  |  |  |  | 6,032,159.89 | 1.40 |
| NO0003053605 | Storebrand ASA Navne-Aksjer |  | SHS | 781,200 | 218,100 | 525,900 | NOK | 78.620 | 6,032,159.89 | 1.40 |
| Finland |  |  |  |  |  |  |  |  | 10,870,535.83 | 2.52 |
| FI4000297767 | Nordea Bank Abp Reg.Shares |  | SHS | 1,166,000 | 1,359,500 | 193,500 | SEK | 94.390 | 10,870,535.83 | 2.52 |
| Switzerland |  |  |  |  |  |  |  |  | 25,585,128.91 | 5.92 |
| CH0044328745 | Chubb Ltd. Reg.Shares |  | SHS | 73,100 | 73,100 | 0 | USD | 158.400 | 9,729,876.90 | 2.25 |
| CH0024608827 | Partners Group Holding AG Namens-Aktien | SHS | 4,800 | 500 | 400 | CHF | 1,403.500 | 6,139,992.71 | 1.42 |
| CH0244767585 | UBS Group AG Namens-Aktien |  | SHS | 759,500 | 759,500 | 0 | CHF | 14.035 | 9,715,259.30 | 2.25 |
| UK |  |  |  |  |  |  |  |  | 16,425,046.41 | 3.81 |
| GB00BNTJ3546 | Allfunds Group Ltd. Reg.Shares |  | SHS | 317,408 | 317,408 | 0 | EUR | 14.806 | 4,699,542.85 | 1.09 |
| GB0008706128 | Lloyds Banking Group PLC Reg.Shares |  | SHS | 21,804,900 | 25,584,400 | 3,779,500 | GBP | 0.463 | 11,725,503.56 | 2.72 |
| USA |  |  |  |  |  |  |  |  | 208,162,602.83 | 48.23 |
| US0605051046 | Bank of America Corp. Reg.Shares  1) |  | SHS | 560,500 | 118,800 | 19,100 | USD | 40.890 | 19,258,724.42 | 4.46 |
| US0625401098 | Bank of Hawaii Corp. Reg.Shares |  | SHS | 32,685 | 55,400 | 22,715 | USD | 83.900 | 2,304,333.01 | 0.53 |
| US09247X1019 | Blackrock Inc. Reg.Shares |  | SHS | 21,000 | 2,500 | 5,000 | USD | 873.530 | 15,414,587.62 | 3.57 |
| US1746101054 | Citizens Financial Group Inc. Reg.Shares |  | SHS | 272,800 | 314,100 | 41,300 | USD | 45.750 | 10,487,458.51 | 2.43 |
| US45866F1049 | Intercontinental Exchange Inc. Reg.Shares | SHS | 124,400 | 131,800 | 7,400 | USD | 118.760 | 12,414,389.31 | 2.88 |
| US46625H1005 | JPMorgan Chase & Co. Reg.Shares |  | SHS | 257,200 | 30,600 | 35,500 | USD | 154.140 | 33,313,564.98 | 7.73 |
| US59156R1086 | MetLife Inc. Reg.Shares |  | SHS | 226,600 | 243,300 | 16,700 | USD | 59.480 | 11,325,715.73 | 2.62 |
| US6174464486 | Morgan Stanley Reg.Shares |  | SHS | 221,500 | 40,700 | 73,200 | USD | 90.640 | 16,870,518.05 | 3.91 |
| US55354G1004 | MSCI Inc. Reg.Shares A |  | SHS | 18,900 | 31,500 | 12,600 | USD | 542.170 | 8,610,573.51 | 1.99 |
| US78409V1044 | S&P Global Inc. Reg.Shares |  | SHS | 39,800 | 9,700 | 12,300 | USD | 410.580 | 13,731,426.41 | 3.18 |
| US78486Q1013 | SVB Financial Group Reg.Shares |  | SHS | 28,400 | 11,300 | 7,800 | USD | 556.890 | 13,289,925.63 | 3.08 |
| US09260D1072 | The Blackstone Group Inc. Reg.Shares |  | SHS | 156,200 | 51,500 | 16,700 | USD | 98.950 | 12,987,681.19 | 3.01 |
| US38141G1040 | The Goldman Sachs Group Inc. Reg.Shares | SHS | 48,300 | 60,300 | 12,000 | USD | 372.620 | 15,123,352.80 | 3.50 |
| US89832Q1094 | Truist Financial Corp. Reg.Shares |  | SHS | 212,300 | 260,600 | 48,300 | USD | 55.300 | 9,865,291.37 | 2.29 |
| US92826C8394 | VISA Inc. Reg.Shares Cl.A |  | SHS | 66,400 | 20,100 | 1,900 | USD | 235.950 | 13,165,060.29 | 3.05 |
| Canada |  |  |  |  |  |  |  |  | 33,436,445.71 | 7.74 |
| CA0636711016 | Bank of Montreal Reg.Shares |  | SHS | 115,900 | 14,700 | 28,600 | CAD | 126.600 | 9,945,058.97 | 2.30 |
| CA56501R1064 | Manulife Financial Corp. Reg.Shares |  | SHS | 483,600 | 57,600 | 74,000 | CAD | 24.280 | 7,958,389.59 | 1.84 |
| CA8911605092 | The Toronto-Dominion Bank Reg.Shares |  | SHS | 263,600 | 46,100 | 31,900 | CAD | 86.940 | 15,532,997.15 | 3.60 |
| Japan |  |  |  |  |  |  |  |  | 18,314,859.93 | 4.24 |
| JP3165000005 | Sompo Holdings Inc. Reg.Shares |  | SHS | 201,000 | 23,900 | 7,500 | JPY | 4,106.000 | 6,273,512.67 | 1.45 |
| JP3890350006 | Sumitomo Mitsui Financ. Group Reg.Shares | SHS | 413,600 | 413,600 | 0 | JPY | 3,830.000 | 12,041,347.26 | 2.79 |
| Taiwan |  |  |  |  |  |  |  |  | 5,388,740.19 | 1.25 |
| TW0002882008 | Cathay Financial Hldg Co. Ltd. Reg.Shares | SHS | 3,315,000 | 3,315,000 | 0 | TWD | 53.900 | 5,388,740.19 | 1.25 |
| Hong Kong |  |  |  |  |  |  |  |  | 25,013,186.37 | 5.80 |
| HK0000069689 | AIA Group Ltd Reg.Shares |  | SHS | 1,354,500 | 518,400 | 162,600 | HKD | 96.500 | 14,145,104.21 | 3.28 |
| HK0388045442 | Hongkong Exch. + Clear. Ltd. Reg.Shs |  | SHS | 217,000 | 217,000 | 0 | HKD | 462.800 | 10,868,082.16 | 2.52 |
| Australia |  |  |  |  |  |  |  |  | 21,509,462.32 | 4.98 |
| AU000000ANZ3 | Australia & N. Z. Bkg Grp Ltd. Reg.Shares |  | SHS | 525,248 | 198,848.265 | 13,800.265 | AUD | 28.150 | 9,340,027.92 | 2.16 |
| AU000000CBA7 | Commonwealth Bank of Australia Reg.Shares | SHS | 192,899 | 192,899.12 | 0.12 | AUD | 99.870 | 12,169,434.40 | 2.82 |
| Total securities |  |  |  | EUR |  | 435,615,119.69 | 100.92 |
| Derivatives |  |  |  |  |  |  |  |
|  | (The positions marked with a minus sign have been sold) |  |  |  |  |  |  |  |
| Derivatives on individual securities |  |  |  |  |  |  |  |
| Securities options |  |  |  |  |  | -611,739.00 | -0.15 |
|  | Receivables/payables |  |  |  |  |  |  |  |
| Equity options |  |  |  |  |  | -611,739.00 | -0.15 |
| Explanations can be found in the footnotes below the table. |  |  |  |  |  |  |  |

| Investment portfolio at 30/06/2021 |
| --- |
| ISIN | Securities | Market | Shares/ | Balance | Purchases | Redemptions | Price | Market value | % of net |
|  |  |  | Units/ | 30/06/2021 |  |  |  | in EUR | assets |
|  |  |  | Currency |  | in the period under review |  |  |  |
|  | Bank of America Corp. (NCB) Call Juli 21 42 | XCBO | SHS | -450,000 |  | USD | 0.520 | -196,630.39 | -0.05 |
|  | Wells Fargo & Co. (NWT) Put Aug. 21 42,50 | XCBO | SHS | -400,000 |  | USD | 1.235 | -415,108.61 | -0.10 |
| Total derivatives on individual securities |  |  |  |  | EUR |  | -611,739.00 | -0.15 |
| Other derivatives |  |  |  |  |  |  |  |  |  |
| Other futures contracts |  |  |  |  |  |  | 171,000.00 | 0.04 |
|  | Münchener Rückver. Dividend Futures (MUV2) Dez. 21 | XEUR | EUR | 150,000 |  | EUR | 1.140 | 171,000.00 | 0.04 |
| Total other derivatives |  |  |  |  | EUR |  | 171,000.00 | 0.04 |
| Bank deposits, money market instruments, money market funds and money market-related funds |
| Bank deposits |  |  |  |  |  |  |  |  |  |
| EUR deposits with custodial office |
|  | State Street Bank International GmbH |  | EUR | 180,196.09 |  | % | 100.000 | 180,196.09 | 0.04 |
| Deposits in other EU/EEA currencies |
|  | State Street Bank International GmbH |  | NOK | 38,612.41 |  | % | 100.000 | 3,792.32 | 0.00 |
| Deposits in non EU/EEA currencies |
|  | State Street Bank International GmbH |  | AUD | 14.33 |  | % | 100.000 | 9.05 | 0.00 |
|  | State Street Bank International GmbH |  | CAD | 76,260.00 |  | % | 100.000 | 51,687.68 | 0.01 |
|  | State Street Bank International GmbH |  | CHF | 584,205.93 |  | % | 100.000 | 532,451.63 | 0.12 |
|  | State Street Bank International GmbH |  | GBP | 80,110.40 |  | % | 100.000 | 93,113.73 | 0.02 |
|  | State Street Bank International GmbH |  | JPY | 48,593,946.00 |  | % | 100.000 | 369,383.88 | 0.09 |
|  | State Street Bank International GmbH |  | TWD | 4,411,834.00 |  | % | 100.000 | 133,055.89 | 0.03 |
|  | State Street Bank International GmbH |  | USD | 388,935.04 |  | % | 100.000 | 326,822.44 | 0.08 |
| Total bank deposits |  |  |  |  |  | EUR |  | 1,690,512.71 | 0.39 |
| Total of bank deposits, money market instruments, money market funds and money market-related funds  30) | EUR |  | 1,690,512.71 | 0.39 |
| Other assets |  |  |  |  |  |  |
|  | Accrued dividends |  | EUR | 304,341.00 |  | 304,341.00 | 0.07 |
|  | Receivables from unit transactions |  | EUR | 59,328.91 |  | 59,328.91 | 0.01 |
|  | Receivables from securities transactions |  | EUR | 3,922,200.18 |  | 3,922,200.18 | 0.91 |
|  | Receivables from FX spots |  | EUR | 2,103,530.62 |  | 2,103,530.62 | 0.49 |
|  | Receivables from withholding tax refunds | EUR | 342,230.18 |  | 342,230.18 | 0.08 |
| Total other assets |  |  |  |  |  | EUR |  | 6,731,630.89 | 1.56 |
| Other payables |  |  |  |  |  |  |  |  |
|  | Liabilities from unit transactions |  | EUR | -9,195,990.42 |  |  |  | -9,195,990.42 | -2.13 |
|  | Liabilities from FX spots |  | EUR | -2,103,954.85 |  |  |  | -2,103,954.85 | -0.49 |
|  | Accruals |  | EUR | -625,282.47 |  |  |  | -625,282.47 | -0.14 |
| Total other payables |  |  |  |  |  | EUR |  | -11,925,227.74 | -2.76 |
| Fund assets |  |  |  |  |  | EUR |  | 431,671,296.55 | 100.00 |
|  | Total units in circulation of all unit classes |  |  |  |  | SHS |  | 2,194,343 |  |

1) 
These securities are wholly or partially the subject of a short position in securities.
30) 
Cash initial margins may be included in bank deposits.
| Securities |  | total |
| --- | --- | --- |
| Total current value of securities that have been pledged to third parties as margin collateral for futures: | EUR | 52,714,444.98 |
| Total current value of securities subject to the underlying option rights of third parties: | EUR | 15,641,955.38 |

| Allianz Adiverba A (EUR) |
| --- |
| ISIN | DE0008471061 |
| Fund assets | 393,634,219.93 |
| Units in circulation | 2,161,264.208 |
| Unit value | 182.13 |

| Allianz Adiverba P (EUR) |
| --- |
| ISIN | DE000A2DU1P0 |
| Fund assets | 38,037,076.62 |
| Units in circulation | 33,078.995 |
| Unit value | 1,149.89 |

Securities prices/market rates
| Fund assets were valued on the basis of the following prices/market rates: |
| --- |
| North and South American equities: prices as at 29/06/2021 or last known |
| All other assets: prices/market rates as at 30/06/2021 or last known |

| Exchange rate(s) and/or conversion factor(s) (indirect quotation) as at 30/06/2021 |
| --- |
| UK, Pound Sterling | (GBP) | 1 Euro = GBP | 0.86035 |
| Norway, Krone | (NOK) | 1 Euro = NOK | 10.18175 |
| Sweden, Krona | (SEK) | 1 Euro = SEK | 10.12450 |
| Switzerland, Franc | (CHF) | 1 Euro = CHF | 1.09720 |
| USA, Dollar | (USD) | 1 Euro = USD | 1.19005 |
| Canada, Dollar | (CAD) | 1 Euro = CAD | 1.47540 |
| Japan, Yen | (JPY) | 1 Euro = JPY | 131.55405 |
| Taiwan, New Dollar | (TWD) | 1 Euro = TWD | 33.15775 |
| Hong Kong, Dollar | (HKD) | 1 Euro = HKD | 9.24060 |
| Australia, Dollar | (AUD) | 1 Euro = AUD | 1.58305 |

| Market key |
| --- |
| Financial futures exchanges |
| XCBO | = | Chicago - Chicago Board Options Exchange (CBOE) |
| XEUR | = | Eurex (Eurex Frankfurt/Eurex Zürich) |

Capital measures
All sales revenues resulting from capital measures (technical revenues) are reported as additions or disposals.
Voting
To the extent it was deemed to be in our investors’ interest, we either exercised ourselves or had our agents exercise, in accordance with our instructions, voting rights for equities held by the Fund.
Transactions carried out during the reporting period no longer listed in the investment portfolio
– purchases and redemptions of securities, fund units and borrower’s note loans (market allocations as per reporting date):
| ISIN | Securities | Shares/ | Purchases | Redemptions |
| --- | --- | --- | --- | --- |
|  |  | Units/ |  |  |
|  |  | Currency |  |  |
| Exchange-traded securities |
| Equities |  |  |  |  |
| Australia |  |  |  |  |
| AU000000IAG3 | Insurance Australia Group Ltd. Reg.Shares | SHS | 0 | 1,019,100 |
| China |  |  |  |  |
| CNE1000003X6 | Ping An Insurance(Grp)Co.China Reg.Shares H | SHS | 128,200 | 525,200 |
| Germany |  |  |  |  |
| DE0005810055 | Deutsche Börse AG Namens-Aktien | SHS | 0 | 29,000 |
| France |  |  |  |  |
| FR0000120628 | AXA S.A. Actions au Porteur | SHS | 0 | 220,000 |
| FR0000131104 | BNP Paribas S.A. Actions Port. | SHS | 153,600 | 153,600 |
| FR0010411983 | SCOR SE Actions au Porteur | SHS | 0 | 270,157 |
| UK |  |  |  |  |
| GB00B0SWJX34 | London Stock Exchange GroupPLC Reg.Shares | SHS | 10,900 | 78,900 |
| Hong Kong |  |  |  |  |
| HK2388011192 | Bank of China (Hongkong) Ltd. Reg.Shares | SHS | 0 | 1,005,700 |
| Canada |  |  |  |  |
| CA45823T1066 | Intact Financial Corp. Reg.Shares | SHS | 0 | 64,300 |
| The Netherlands |  |  |  |  |
| NL0011821202 | ING Groep N.V. Aandelen op naam | SHS | 774,100 | 774,100 |
| Norway |  |  |  |  |
| NO0010031479 | DnB ASA Navne-Aksjer A | SHS | 66,200 | 350,100 |
| Sweden |  |  |  |  |
| SE0007100599 | Svenska Handelsbanken AB Namn-Aktier A | SHS | 0 | 220,300 |
| Switzerland |  |  |  |  |
| CH0126881561 | Swiss Re AG Namens-Aktien | SHS | 27,100 | 117,100 |
| Singapore |  |  |  |  |
| SG1L01001701 | DBS Group Holdings Ltd. Reg.Shares | SHS | 46,000 | 435,400 |
| USA |  |  |  |  |
| US0846707026 | Berkshire Hathaway Inc. Reg.Shares B New | SHS | 0 | 98,700 |
| US09215C1053 | Black Knight Inc. Reg.Shares | SHS | 61,800 | 61,800 |
| US1729674242 | Citigroup Inc. Reg.Shares | SHS | 241,600 | 241,600 |
| US12572Q1058 | CME Group Inc. Reg.Shares | SHS | 0 | 47,100 |
| US5717481023 | Marsh & McLennan Cos. Inc. Reg.Shares | SHS | 0 | 75,000 |
| US7433151039 | Progressive Corp. Reg.Shares | SHS | 5,900 | 121,500 |
| US76029L1008 | Repay Holdings Corp. Reg.Shares | SHS | 131,600 | 131,600 |
| US8085131055 | Schwab Corp., Charles Reg.Shares | SHS | 1,200 | 202,200 |
| Unlisted securities |  |  |  |  |
| Equities |  |  |  |  |
| Spain |  |  |  |  |
| ES0161376019 | Martinsa-Fadesa S.A. Acciones Port. | SHS | 0 | 193,750 |

| Securities | Shares/ | Volume |
| --- | --- | --- |
|  | Units/ | in ’000 |
|  | Currency |  |
| Derivatives |  |  |
| (Option premiums and/or contract volumes pertaining to opening transactions; in the case of warrants, purchases and redemptions are indicated.) |
| Futures contracts |  |  |
| Futures contracts on equity index |  |  |
| Contracts sold: | EUR | 11,199 |
| (Underlying(s): ESTX Banks Index (Price) (EUR)) |  |  |
| Options |  |  |
| Securities options |  |  |
| Equity options |  |  |
| Long call options purchased: | EUR | 20,374 |
| (Underlying(s): Bank of America Corp. Reg.Shares, Bank of Montreal Reg.Shares, Schwab Corp., Charles Reg.Shares) |
| Long put options purchased: | EUR | 8,958 |
| (Underlying(s): AXA S.A. Actions au Porteur, Bank of America Corp. Reg.Shares) |  |

| Short call options sold: | EUR | 60,754 |
| --- | --- | --- |
| (Underlying(s): Bank of America Corp. Reg.Shares, London Stock Exchange GroupPLC Reg.Shares, Schwab Corp., Charles Reg.Shares, Storebrand ASA Navne-Aksjer, The Toronto-Dominion Bank Reg.Shares, Truist Financial Corp. Reg.Shares) |  |  |
| Short put options sold: | EUR | 48,514 |
| (Underlying(s): AXA S.A. Actions au Porteur, Bank of America Corp. Reg.Shares, Deutsche Wohnen SE Inhaber-Aktien, PayPal Holdings Inc. Reg.Shares, Temenos AG Nam.-Aktien) |
| Options on equity index derivatives |  |  |
| Options on equity indices |  |  |
| Long call options purchased: |  |  |
| (Underlying(s): ESTX Banks Index (Price) (EUR)) | EUR | 7,225 |
| Long put options purchased: |  |  |
| (Underlying(s): ESTX Banks Index (Price) (EUR)) | EUR | 7,125 |
| Short call options sold: |  |  |
| (Underlying(s): ESTX Banks Index (Price) (EUR)) | EUR | 11,938 |
| Short put options sold: |  |  |
| (Underlying(s): ESTX Banks Index (Price) (EUR)) | EUR | 22,513 |
| Other options |  |  |
| Long call options purchased: |  |  |
| (Underlying(s): CBOE Volatility Index (VIX)) | EUR | 1,490 |
| Short put options sold: |  |  |
| (Underlying(s): CBOE Volatility Index (VIX)) | EUR | 1,150 |

Statement of Operations
Unit class: Allianz Adiverba A (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Income |  |  |
| 1. Dividends from German issuers (gross of corporation tax) |  | 801,417.55 |
| 2. Dividends from foreign issuers (gross of withholding tax) | 9,043,061.36 |
| 3. Interest from German securities |  | 0.00 |
| 4. Interest from foreign securities (gross of withholding tax) |  | 0.00 |
| 5. Interest from liquid investments in Germany |  | -9,565.02 |
| a) Negative interest on deposits | -9,565.02 |  |
| 6. Interest from liquid investments abroad (gross of withholding tax) |  | 0.00 |
| 7. Income from fund units |  | 0.00 |
| 8. Income from securities lending and repurchase agreements |  | 0.00 |
| 9a. Deduction of domestic corporate income tax |  | -120,212.60 |
| a) domestic corporate income tax on domestic dividend income | -120,212.60 |  |
| 9b. Deduction of foreign withholding tax | -1,368,025.10 |
| a) from dividends from domestic issuers | -1,368,025.10 |  |
| 10. Other income |  | 41,006.11 |
| Total income | 8,387,682.30 |
| II. Expenses |  |  |
| 1. Interest from loans |  | -20,595.30 |
| 2. Management fee | -6,011,928.64 |
| a) All-in fee 1) | -6,011,928.64 |  |
| 3. Custodians’ fee |  | 0.00 |
| 4. Auditing and publication costs |  | 0.00 |
| 5. Other expenses |  | 0.00 |
| Total expenses | -6,032,523.94 |
| III. Ordinary net income | 2,355,158.36 |
| IV. Sales transactions |  |  |
| 1. Realised gains | 36,711,722.45 |
| 2. Realised losses | -19,319,448.91 |
| Result from sales transactions | 17,392,273.54 |
| V. Realised result for the financial year | 19,747,431.90 |
| 1. Net change in unrealised gains | 61,836,335.16 |
| 2. Net change in unrealised losses | 21,309,034.67 |
| VI. Unrealised result for the financial year | 83,145,369.83 |
| VII. Result for the financial year | 102,892,801.73 |
| 1)  Under the Terms and Conditions, an all-in fee of | up to 1.80% p.a. (in the financial |

for the period from 01/07/2020 to 30/06/2021 (including income equalisation)
year 1.80% p.a.) is payable to the investment management company on behalf of the fund. The expenses met by the investment management company from this fee included the expenses for portfolio management and the custodian charges (in the financial year 0.008% p.a.) as well as other third party payments (e.g. printing and publication expenses, audit fees etc.).
Unit class: Allianz Adiverba P (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Income |  |  |
| 1. Dividends from German issuers (gross of corporation tax) |  | 77,334.71 |
| 2. Dividends from foreign issuers (gross of withholding tax) |  | 871,096.95 |
| 3. Interest from German securities |  | 0.00 |
| 4. Interest from foreign securities (gross of withholding tax) |  | 0.00 |
| 5. Interest from liquid investments in Germany |  | -582.00 |
| a) Negative interest on deposits | -582.00 |  |
| 6. Interest from liquid investments abroad (gross of withholding tax) |  | 0.00 |
| 7. Income from fund units |  | 0.00 |
| 8. Income from securities lending and repurchase agreements |  | 0.00 |
| 9a. Deduction of domestic corporate income tax |  | -11,600.27 |
| a) domestic corporate income tax on domestic dividend income | -11,600.27 |  |
| 9b. Deduction of foreign withholding tax |  | -131,788.49 |
| a) from dividends from domestic issuers | -131,788.49 |  |
| 10. Other income |  | 3,958.02 |
| Total income |  | 808,418.92 |
| II. Expenses |  |  |
| 1. Interest from loans |  | -1,608.33 |
| 2. Management fee |  | -311,296.98 |
| a) All-in fee 1) | -311,296.98 |  |
| 3. Custodians’ fee |  | 0.00 |
| 4. Auditing and publication costs |  | 0.00 |
| 5. Other expenses |  | 0.00 |
| Total expenses |  | -312,905.31 |
| III. Ordinary net income |  | 495,513.61 |
| IV. Sales transactions |  |  |
| 1. Realised gains | 3,536,906.67 |
| 2. Realised losses | -1,858,148.02 |
| Result from sales transactions | 1,678,758.65 |
| V. Realised result for the financial year | 2,174,272.26 |
| 1. Net change in unrealised gains |  | 857,744.01 |
| 2. Net change in unrealised losses |  | 29,374.47 |
| VI. Unrealised result for the financial year |  | 887,118.48 |
| VII. Result for the financial year | 3,061,390.74 |
| 1)  Under the Terms and Conditions, an all-in fee of | up to 0.95% p.a. (in the financial |

for the period from 01/07/2020 to 30/06/2021 (including income equalisation)
year 0.95% p.a.) is payable to the investment management company on behalf of the fund. The expenses met by the investment management company from this fee included the expenses for portfolio management and the custodian charges (in the financial year 0.008% p.a.) as well as other third party payments (e.g. printing and publication expenses, audit fees etc.).
Statement of Changes in Net Assets 2020/2021
Unit class: Allianz Adiverba A (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Value of the fund at beginning of financial year	 | 271,469,308.13 |
| 1. Distribution or tax allowance for the previous year | -392,580.26 |
| 2. Interim distributions |  | 0.00 |
| 3. Inflows (net) | 21,087,381.00 |
| a) Subscriptions | 87,383,231.05 |  |
| of which from unit certificate sales | 87,383,231.05 |  |
| of which from merger | 0.00 |  |
| b) Redemptions | -66,295,850.05 |  |
| 4. Income equalisation/Expense equalisation | -1,422,690.67 |
| 5. Result for the financial year | 102,892,801.73 |
| of which net change in unrealised gains | 61,836,335.16 |  |
| of which net change in unrealised losses | 21,309,034.67 |  |
| II. Value of the fund at end of financial year | 393,634,219.93 |

Unit class: Allianz Adiverba P (EUR)
Allocation of the fund’s income
Unit class: Allianz Adiverba A (EUR)
| Calculation of distribution | total EUR | per unit EUR *) |
| --- | --- | --- |
| I. Available for distribution |
| 1. Balance carried forward from previous year | 40,380,296.59 | 18.68 |
| 2. Realised result for the financial year | 19,747,431.90 | 9.14 |
| 3. Transfers from the fund | 0.00 | 0.00 |
| II. Not used for distribution |
| 1. Retained for reinvestment | 0.00 | 0.00 |
| 2. Balance carried forward | 57,772,577.27 | 26.73 |
| III. Gross distribution | 2,355,151.22 | 1.09 |
| 1. Interim distribution | 0.00 | 0.00 |
| 2. Final distribution | 2,355,151.22 | 1.09 |
| Units in circulation as of 30/06/2021: Shares 2,161,264 |
| *)  Unit values may be subject to rounding differences. |

Unit class: Allianz Adiverba P (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Value of the fund at beginning of financial year |  | 7,448.30 |
| 1. Distribution or tax allowance for the previous year |  | -83.93 |
| 2. Interim distributions |  | 0.00 |
| 3. Inflows (net) | 36,692,135.24 |
| a) Subscriptions | 37,991,374.69 |  |
| of which from unit certificate sales | 37,991,374.69 |  |
| of which from merger | 0.00 |  |
| b) Redemptions | -1,299,239.45 |  |
| 4. Income equalisation/Expense equalisation | -1,723,813.73 |
| 5. Result for the financial year | 3,061,390.74 |
| of which net change in unrealised gains | 857,744.01 |  |
| of which net change in unrealised losses | 29,374.47 |  |
| II. Value of the fund at end of financial year | 38,037,076.62 |

| Calculation of distribution | total EUR | per unit EUR *) |
| --- | --- | --- |
| I. Available for distribution |
| 1. Balance carried forward from previous year | 0.00 | 0.00 |
| 2. Realised result for the financial year | 2,174,272.26 | 65.73 |
| 3. Transfers from the fund | 0.00 | 0.00 |
| II. Not used for distribution |
| 1. Retained for reinvestment | 0.00 | 0.00 |
| 2. Balance carried forward | 1,678,758.51 | 50.75 |
| III. Gross distribution | 495,513.75 | 14.98 |
| 1. Interim distribution | 0.00 | 0.00 |
| 2. Final distribution | 495,513.75 | 14.98 |
| Units in circulation as of 30/06/2021: Shares 33,079 |
| *)  Unit values may be subject to rounding differences. |

Translation (ENDE, 2021-06-30):
# Allianz Adiverba
Vermögensübersicht zum 30.06.2021
| Gliederung nach Anlagenart - Land | Kurswert in EUR | % des Fonds- vermögens  *) |
| --- | --- | --- |
| I. Vermögensgegenstände |
| 1. Aktien | 435.615.119,69 | 100,92 |
| Deutschland | 19.400.880,00 | 4,49 |
| Frankreich | 8.534.219,40 | 1,98 |
| Italien | 10.192.875,00 | 2,36 |
| Irland | 7.121.494,90 | 1,65 |
| Spanien | 10.740.954,00 | 2,49 |
| Belgien | 8.886.528,00 | 2,06 |
| Norwegen | 6.032.159,89 | 1,40 |
| Finnland | 10.870.535,83 | 2,52 |
| Schweiz | 25.585.128,91 | 5,92 |
| Großbritannien | 16.425.046,41 | 3,81 |
| USA | 208.162.602,83 | 48,23 |
| Kanada | 33.436.445,71 | 7,74 |
| Japan | 18.314.859,93 | 4,24 |
| Taiwan | 5.388.740,19 | 1,25 |
| Hongkong | 25.013.186,37 | 5,80 |
| Australien | 21.509.462,32 | 4,98 |
| 2. Derivate | -440.739,00 | -0,11 |
| 3. Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds | 1.690.512,71 | 0,39 |
| 4. Sonstige Vermögensgegenstände | 6.731.630,89 | 1,56 |
| II. Verbindlichkeiten | -11.925.227,74 | -2,76 |
| III. Fondsvermögen | 431.671.296,55 | 100,00 |
| *)  Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Run- |

| Gliederung nach Anlagenart - Währung | Kurswert in EUR | % des Fonds- vermögens  *) |
| --- | --- | --- |
| I. Vermögensgegenstände |
| 1. Aktien | 435.615.119,69 | 100,92 |
| AUD | 21.509.462,32 | 4,98 |
| CAD | 33.436.445,71 | 7,74 |
| CHF | 15.855.252,01 | 3,67 |
| EUR | 62.454.999,25 | 14,47 |
| GBP | 11.725.503,56 | 2,72 |
| HKD | 25.013.186,37 | 5,80 |
| JPY | 18.314.859,93 | 4,24 |
| NOK | 6.032.159,89 | 1,40 |
| SEK | 10.870.535,83 | 2,52 |
| TWD | 5.388.740,19 | 1,25 |
| USD | 225.013.974,63 | 52,13 |
| 2. Derivate | -440.739,00 | -0,11 |
| 3. Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds | 1.690.512,71 | 0,39 |
| 4. Sonstige Vermögensgegenstände | 6.731.630,89 | 1,56 |
| II. Verbindlichkeiten | -11.925.227,74 | -2,76 |
| III. Fondsvermögen | 431.671.296,55 | 100,00 |

dungsdifferenzen entstanden sein.
| Vermögensaufstellung zum 30.06.2021 |
| --- |
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. | Bestand | Käufe/ | Verkäufe/ |  | Kurs | Kurswert | % des |
|  |  |  | Anteile bzw. | 30.06.2021 | Zugänge | Abgänge |  |  | in EUR | Fondsver- |
|  |  |  | Währung |  | im Berichtszeitraum |  |  |  | mögens |
| Börsengehandelte Wertpapiere |  |  |  |  |  |  |  | 435.615.119,69 | 100,92 |
| Aktien |  |  |  |  |  |  |  |  | 435.615.119,69 | 100,92 |
| Deutschland |  |  |  |  |  |  |  |  | 19.400.880,00 | 4,49 |
| DE0008404005 | Allianz SE vink.Namens-Aktien |  | STK | 57.600 | 6.800 | 5.100 | EUR | 209,400 | 12.061.440,00 | 2,79 |
| DE0008430026 | Münchener Rückvers.-Ges. AG vink.Namens-Aktien |  |  |  |  |  |  |  |  |  |
|  |  | STK | 31.800 | 12.900 | 17.500 | EUR | 230,800 | 7.339.440,00 | 1,70 |
| Frankreich |  |  |  |  |  |  |  |  | 8.534.219,40 | 1,98 |
| FR0000045072 | Crédit Agricole S.A. Actions Port. |  | STK | 728.300 | 966.500 | 238.200 | EUR | 11,718 | 8.534.219,40 | 1,98 |
| Italien |  |  |  |  |  |  |  |  | 10.192.875,00 | 2,36 |
| IT0000072618 | Intesa Sanpaolo S.p.A. Azioni nom. |  | STK | 4.412.500 | 3.035.700 | 1.201.700 | EUR | 2,310 | 10.192.875,00 | 2,36 |
| Irland |  |  |  |  |  |  |  |  | 7.121.494,90 | 1,65 |
| IE00BDB6Q211 | Willis Towers Watson PLC Reg.Shares |  | STK | 36.500 | 4.300 | 17.100 | USD | 232,190 | 7.121.494,90 | 1,65 |
| Spanien |  |  |  |  |  |  |  |  | 10.740.954,00 | 2,49 |
| ES0113900J37 | Banco Santander S.A. Acciones Nom. |  | STK | 3.335.700 | 3.335.700 | 0 | EUR | 3,220 | 10.740.954,00 | 2,49 |
| Belgien |  |  |  |  |  |  |  |  | 8.886.528,00 | 2,06 |
| BE0003565737 | KBC Groep N.V. Parts Sociales au Port. |  | STK | 139.200 | 74.500 | 44.200 | EUR | 63,840 | 8.886.528,00 | 2,06 |
| Norwegen |  |  |  |  |  |  |  |  | 6.032.159,89 | 1,40 |
| NO0003053605 | Storebrand ASA Navne-Aksjer |  | STK | 781.200 | 218.100 | 525.900 | NOK | 78,620 | 6.032.159,89 | 1,40 |
| Finnland |  |  |  |  |  |  |  |  | 10.870.535,83 | 2,52 |
| FI4000297767 | Nordea Bank Abp Reg.Shares |  | STK | 1.166.000 | 1.359.500 | 193.500 | SEK | 94,390 | 10.870.535,83 | 2,52 |
| Schweiz |  |  |  |  |  |  |  |  | 25.585.128,91 | 5,92 |
| CH0044328745 | Chubb Ltd. Reg.Shares |  | STK | 73.100 | 73.100 | 0 | USD | 158,400 | 9.729.876,90 | 2,25 |
| CH0024608827 | Partners Group Holding AG Namens-Aktien | STK | 4.800 | 500 | 400 | CHF | 1.403,500 | 6.139.992,71 | 1,42 |
| CH0244767585 | UBS Group AG Namens-Aktien |  | STK | 759.500 | 759.500 | 0 | CHF | 14,035 | 9.715.259,30 | 2,25 |
| Großbritannien |  |  |  |  |  |  |  |  | 16.425.046,41 | 3,81 |
| GB00BNTJ3546 | Allfunds Group Ltd. Reg.Shares |  | STK | 317.408 | 317.408 | 0 | EUR | 14,806 | 4.699.542,85 | 1,09 |
| GB0008706128 | Lloyds Banking Group PLC Reg.Shares |  | STK | 21.804.900 | 25.584.400 | 3.779.500 | GBP | 0,463 | 11.725.503,56 | 2,72 |
| USA |  |  |  |  |  |  |  |  | 208.162.602,83 | 48,23 |
| US0605051046 | Bank of America Corp. Reg.Shares  1) |  | STK | 560.500 | 118.800 | 19.100 | USD | 40,890 | 19.258.724,42 | 4,46 |
| US0625401098 | Bank of Hawaii Corp. Reg.Shares |  | STK | 32.685 | 55.400 | 22.715 | USD | 83,900 | 2.304.333,01 | 0,53 |
| US09247X1019 | Blackrock Inc. Reg.Shares |  | STK | 21.000 | 2.500 | 5.000 | USD | 873,530 | 15.414.587,62 | 3,57 |
| US1746101054 | Citizens Financial Group Inc. Reg.Shares |  | STK | 272.800 | 314.100 | 41.300 | USD | 45,750 | 10.487.458,51 | 2,43 |
| US45866F1049 | Intercontinental Exchange Inc. Reg.Shares |  | STK | 124.400 | 131.800 | 7.400 | USD | 118,760 | 12.414.389,31 | 2,88 |
| US46625H1005 | JPMorgan Chase & Co. Reg.Shares |  | STK | 257.200 | 30.600 | 35.500 | USD | 154,140 | 33.313.564,98 | 7,73 |
| US59156R1086 | MetLife Inc. Reg.Shares |  | STK | 226.600 | 243.300 | 16.700 | USD | 59,480 | 11.325.715,73 | 2,62 |
| US6174464486 | Morgan Stanley Reg.Shares |  | STK | 221.500 | 40.700 | 73.200 | USD | 90,640 | 16.870.518,05 | 3,91 |
| US55354G1004 | MSCI Inc. Reg.Shares A |  | STK | 18.900 | 31.500 | 12.600 | USD | 542,170 | 8.610.573,51 | 1,99 |
| US78409V1044 | S&P Global Inc. Reg.Shares |  | STK | 39.800 | 9.700 | 12.300 | USD | 410,580 | 13.731.426,41 | 3,18 |
| US78486Q1013 | SVB Financial Group Reg.Shares |  | STK | 28.400 | 11.300 | 7.800 | USD | 556,890 | 13.289.925,63 | 3,08 |
| US09260D1072 | The Blackstone Group Inc. Reg.Shares |  | STK | 156.200 | 51.500 | 16.700 | USD | 98,950 | 12.987.681,19 | 3,01 |
| US38141G1040 | The Goldman Sachs Group Inc. Reg.Shares |  | STK | 48.300 | 60.300 | 12.000 | USD | 372,620 | 15.123.352,80 | 3,50 |
| US89832Q1094 | Truist Financial Corp. Reg.Shares |  | STK | 212.300 | 260.600 | 48.300 | USD | 55,300 | 9.865.291,37 | 2,29 |
| US92826C8394 | VISA Inc. Reg.Shares Cl.A |  | STK | 66.400 | 20.100 | 1.900 | USD | 235,950 | 13.165.060,29 | 3,05 |
| Kanada |  |  |  |  |  |  |  |  | 33.436.445,71 | 7,74 |
| CA0636711016 | Bank of Montreal Reg.Shares |  | STK | 115.900 | 14.700 | 28.600 | CAD | 126,600 | 9.945.058,97 | 2,30 |
| CA56501R1064 | Manulife Financial Corp. Reg.Shares |  | STK | 483.600 | 57.600 | 74.000 | CAD | 24,280 | 7.958.389,59 | 1,84 |
| CA8911605092 | The Toronto-Dominion Bank Reg.Shares |  | STK | 263.600 | 46.100 | 31.900 | CAD | 86,940 | 15.532.997,15 | 3,60 |
| Japan |  |  |  |  |  |  |  |  | 18.314.859,93 | 4,24 |
| JP3165000005 | Sompo Holdings Inc. Reg.Shares |  | STK | 201.000 | 23.900 | 7.500 | JPY | 4.106,000 | 6.273.512,67 | 1,45 |
| JP3890350006 | Sumitomo Mitsui Financ. Group Reg.Shares | STK | 413.600 | 413.600 | 0 | JPY | 3.830,000 | 12.041.347,26 | 2,79 |
| Taiwan |  |  |  |  |  |  |  |  | 5.388.740,19 | 1,25 |
| TW0002882008 | Cathay Financial Hldg Co. Ltd. Reg.Shares |  | STK | 3.315.000 | 3.315.000 | 0 | TWD | 53,900 | 5.388.740,19 | 1,25 |
| Hongkong |  |  |  |  |  |  |  |  | 25.013.186,37 | 5,80 |
| HK0000069689 | AIA Group Ltd Reg.Shares |  | STK | 1.354.500 | 518.400 | 162.600 | HKD | 96,500 | 14.145.104,21 | 3,28 |
| HK0388045442 | Hongkong Exch. + Clear. Ltd. Reg.Shs |  | STK | 217.000 | 217.000 | 0 | HKD | 462,800 | 10.868.082,16 | 2,52 |
| Australien |  |  |  |  |  |  |  |  | 21.509.462,32 | 4,98 |
| AU000000ANZ3 | Australia & N. Z. Bkg Grp Ltd. Reg.Shares |  | STK | 525.248 | 198.848,265 | 13.800,265 | AUD | 28,150 | 9.340.027,92 | 2,16 |
| AU000000CBA7 | Commonwealth Bank of Australia Reg.Shares | STK | 192.899 | 192.899,12 | 0,12 | AUD | 99,870 | 12.169.434,40 | 2,82 |
| Summe Wertpapiervermögen |  | EUR |  | 435.615.119,69 | 100,92 |
| Derivate |  |  |  |  |  |
|  | (Bei den mit Minus gekennzeichneten Beständen handelt es sich um verkaufte Positionen) |  |  |  |  |  |
| Derivate auf einzelne Wertpapiere |  |  |  |  |  |
| Wertpapier-Optionsrechte |  |  |  | -611.739,00 | -0,15 |
|  | Forderungen/ Verbindlichkeiten |  |  |  |  |  |
| Optionsrechte auf Aktien |  |  |  | -611.739,00 | -0,15 |
| Die Fußnotenerklärungen befinden sich am Ende der Tabelle. |  |  |  |  |  |

| Vermögensaufstellung zum 30.06.2021 |
| --- |
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. | Bestand | Käufe/ | Verkäufe/ | Kurs | Kurswert | % des |
|  |  | Anteile bzw. | 30.06.2021 | Zugänge | Abgänge |  | in EUR | Fondsver- |
|  |  |  | Währung |  | im Berichtszeitraum |  |  | mögens |
|  | Bank of America Corp. (NCB) Call Juli 21 42 | XCBO | STK | -450.000 |  | USD | 0,520 | -196.630,39 | -0,05 |
|  | Wells Fargo & Co. (NWT) Put Aug. 21 42,50 | XCBO | STK | -400.000 |  | USD | 1,235 | -415.108,61 | -0,10 |
| Summe Derivate auf einzelne Wertpapiere |  |  |  |  | EUR |  | -611.739,00 | -0,15 |
| Sonstige Derivate |  |  |  |  |  |  |  |  |  |
| Sonstige Terminkontrakte |  |  |  |  |  |  | 171.000,00 | 0,04 |
|  | Münchener Rückver. Dividend Futures (MUV2) Dez. 21 | XEUR | EUR | 150.000 |  | EUR | 1,140 | 171.000,00 | 0,04 |
| Summe Sonstige Derivate |  |  |  |  | EUR |  | 171.000,00 | 0,04 |
| Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds |
| Bankguthaben |  |  |  |  |  |  |  |  |  |
| EUR-Guthaben bei der Verwahrstelle |
|  | State Street Bank International GmbH |  | EUR | 180.196,09 |  | % | 100,000 | 180.196,09 | 0,04 |
| Guthaben in sonstigen EU/EWR-Währungen |
|  | State Street Bank International GmbH |  | NOK | 38.612,41 |  | % | 100,000 | 3.792,32 | 0,00 |
| Guthaben in Nicht-EU/EWR-Währungen |
|  | State Street Bank International GmbH |  | AUD | 14,33 |  | % | 100,000 | 9,05 | 0,00 |
|  | State Street Bank International GmbH |  | CAD | 76.260,00 |  | % | 100,000 | 51.687,68 | 0,01 |
|  | State Street Bank International GmbH |  | CHF | 584.205,93 |  | % | 100,000 | 532.451,63 | 0,12 |
|  | State Street Bank International GmbH |  | GBP | 80.110,40 |  | % | 100,000 | 93.113,73 | 0,02 |
|  | State Street Bank International GmbH |  | JPY | 48.593.946,00 |  | % | 100,000 | 369.383,88 | 0,09 |
|  | State Street Bank International GmbH |  | TWD | 4.411.834,00 |  | % | 100,000 | 133.055,89 | 0,03 |
|  | State Street Bank International GmbH |  | USD | 388.935,04 |  | % | 100,000 | 326.822,44 | 0,08 |
| Summe Bankguthaben |  |  |  |  | EUR |  | 1.690.512,71 | 0,39 |
| Summe der Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds  30) |  |  | EUR |  | 1.690.512,71 | 0,39 |
| Sonstige Vermögensgegenstände |  |  |  |  |  |  |
|  | Dividendenansprüche |  | EUR | 304.341,00 |  | 304.341,00 | 0,07 |
|  | Forderungen aus Anteilscheingeschäften |  | EUR | 59.328,91 |  | 59.328,91 | 0,01 |
|  | Forderungen aus Wertpapiergeschäften |  | EUR | 3.922.200,18 |  | 3.922.200,18 | 0,91 |
|  | Forderungen aus Devisenspots |  | EUR | 2.103.530,62 |  | 2.103.530,62 | 0,49 |
|  | Forderungen aus Quellensteuerrückerstattung | EUR | 342.230,18 |  | 342.230,18 | 0,08 |
| Summe Sonstige Vermögensgegenstände |  |  |  |  | EUR |  | 6.731.630,89 | 1,56 |
| Sonstige Verbindlichkeiten |  |  |  |  |  |  |  |
|  | Verbindlichkeiten aus Anteilscheingeschäften | EUR | -9.195.990,42 |  |  |  | -9.195.990,42 | -2,13 |
|  | Verbindlichkeiten aus Devisenspots |  | EUR | -2.103.954,85 |  |  |  | -2.103.954,85 | -0,49 |
|  | Kostenabgrenzung |  | EUR | -625.282,47 |  |  |  | -625.282,47 | -0,14 |
| Summe Sonstige Verbindlichkeiten |  |  | EUR |  | -11.925.227,74 | -2,76 |
| Fondsvermögen |  |  |  | EUR |  | 431.671.296,55 | 100,00 |
|  | Summe der umlaufenden Anteile aller Anteilklassen |  |  | STK |  | 2.194.343 |  |

1) 
Diese Wertpapiere sind ganz oder teilweise Gegenstand eines Stillhaltergeschäftes in Wertpapieren.
30) 
Im Bankguthaben können Cash Initial Margin enthalten sein.
| Gattungsbezeichnung |  | gesamt |
| --- | --- | --- |
| Gesamtbetrag der Kurswerte der Wertpapiere, die Dritten als Marginsicherheiten für Termingeschäfte dienen: | EUR | 52.714.444,98 |
| Gesamtbetrag der Kurswerte der Wertpapiere, die Gegenstand von Optionsrechten Dritter sind: | EUR | 15.461.955,38 |

| Allianz Adiverba A (EUR) |
| --- |
| ISIN | DE0008471061 |
| Fondsvermögen | 393.634.219,93 |
| Umlaufende Anteile | 2.161.264,208 |
| Anteilwert | 182,13 |

| Allianz Adiverba P (EUR) |
| --- |
| ISIN | DE000A2DU1P0 |
| Fondsvermögen | 38.037.076,62 |
| Umlaufende Anteile | 33.078,995 |
| Anteilwert | 1.149,89 |

Wertpapierkurse bzw. Marktsätze
| Die Vermögensgegenstände des Sondervermögens sind auf der Grundlage nachstehender Kurse/Marktsätze bewertet: |
| --- |
| Aktien Nord- und Südamerika: Kurse per 29.06.2021 oder letztbekannte |
| Alle anderen Vermögenswerte: Kurse bzw. Marktsätze per 30.06.2021 oder letztbekannte |

| Devisenkurs(e) bzw. Konversionsfaktor(en) (in Mengennotiz) per 30.06.2021 |
| --- |
| Großbritannien, Pfund | (GBP) | 1 Euro = GBP | 0,86035 |
| Norwegen, Kronen | (NOK) | 1 Euro = NOK | 10,18175 |
| Schweden, Kronen | (SEK) | 1 Euro = SEK | 10,12450 |
| Schweiz, Franken | (CHF) | 1 Euro = CHF | 1,09720 |
| USA, Dollar | (USD) | 1 Euro = USD | 1,19005 |
| Kanada, Dollar | (CAD) | 1 Euro = CAD | 1,47540 |
| Japan, Yen | (JPY) | 1 Euro = JPY | 131,55405 |
| Taiwan, Neue Dollar | (TWD) | 1 Euro = TWD | 33,15775 |
| Hongkong, Dollar | (HKD) | 1 Euro = HKD | 9,24060 |
| Australien, Dollar | (AUD) | 1 Euro = AUD | 1,58305 |

| Marktschlüssel |
| --- |
| Terminbörsen |
| XCBO | = | Chicago - Chicago Board Options Exchange (CBOE) |
| XEUR | = | Eurex (Eurex Frankfurt/Eurex Zürich) |

Kapitalmaßnahmen
Alle Umsätze, die aus Kapitalmaßnahmen hervorgehen (technische Umsätze), werden als Zu- oder Abgang ausgewiesen.
Stimmrechtsausübung
Stimmrechte aus den im Fonds enthaltenen Aktien haben wir, soweit es im Interesse unserer Anleger geboten erschien, entweder selbst wahrgenommen oder durch Beauftragte nach unseren Weisungen ausüben lassen.
Während des Berichtszeitraumes abgeschlossene Geschäfte, soweit sie nicht mehr in der Vermögensaufstellung erscheinen
- Käufe und Verkäufe in Wertpapieren, Investmentanteilen und Schuldscheindarlehen (Marktzuordnung zum Berichtsstichtag):
| ISIN | Gattungsbezeichnung | Stück bzw. | Käufe/ | Verkäufe/ |
| --- | --- | --- | --- | --- |
|  |  | Anteile bzw. | Zugänge | Abgänge |
|  |  | Währung |  |  |
| Börsengehandelte Wertpapiere |
| Aktien |  |  |  |  |
| Australien |  |  |  |  |
| AU000000IAG3 | Insurance Australia Group Ltd. Reg.Shares | STK | 0 | 1.019.100 |
| China |  |  |  |  |
| CNE1000003X6 | Ping An Insurance(Grp)Co.China Reg.Shares H | STK | 128.200 | 525.200 |
| Deutschland |  |  |  |  |
| DE0005810055 | Deutsche Börse AG Namens-Aktien | STK | 0 | 29.000 |
| Frankreich |  |  |  |  |
| FR0000120628 | AXA S.A. Actions au Porteur | STK | 0 | 220.000 |
| FR0000131104 | BNP Paribas S.A. Actions Port. | STK | 153.600 | 153.600 |
| FR0010411983 | SCOR SE Actions au Porteur | STK | 0 | 270.157 |
| Großbritannien |  |  |  |  |
| GB00B0SWJX34 | London Stock Exchange GroupPLC Reg.Shares | STK | 10.900 | 78.900 |
| Hongkong |  |  |  |  |
| HK2388011192 | Bank of China (Hongkong) Ltd. Reg.Shares | STK | 0 | 1.005.700 |
| Kanada |  |  |  |  |
| CA45823T1066 | Intact Financial Corp. Reg.Shares | STK | 0 | 64.300 |
| Niederlande |  |  |  |  |
| NL0011821202 | ING Groep N.V. Aandelen op naam | STK | 774.100 | 774.100 |
| Norwegen |  |  |  |  |
| NO0010031479 | DnB ASA Navne-Aksjer A | STK | 66.200 | 350.100 |
| Schweden |  |  |  |  |
| SE0007100599 | Svenska Handelsbanken AB Namn-Aktier A | STK | 0 | 220.300 |
| Schweiz |  |  |  |  |
| CH0126881561 | Swiss Re AG Namens-Aktien | STK | 27.100 | 117.100 |
| Singapur |  |  |  |  |
| SG1L01001701 | DBS Group Holdings Ltd. Reg.Shares | STK | 46.000 | 435.400 |
| USA |  |  |  |  |
| US0846707026 | Berkshire Hathaway Inc. Reg.Shares B New | STK | 0 | 98.700 |
| US09215C1053 | Black Knight Inc. Reg.Shares | STK | 61.800 | 61.800 |
| US1729674242 | Citigroup Inc. Reg.Shares | STK | 241.600 | 241.600 |
| US12572Q1058 | CME Group Inc. Reg.Shares | STK | 0 | 47.100 |
| US5717481023 | Marsh & McLennan Cos. Inc. Reg.Shares | STK | 0 | 75.000 |
| US7433151039 | Progressive Corp. Reg.Shares | STK | 5.900 | 121.500 |
| US76029L1008 | Repay Holdings Corp. Reg.Shares | STK | 131.600 | 131.600 |
| US8085131055 | Schwab Corp., Charles Reg.Shares | STK | 1.200 | 202.200 |
| Nichtnotierte Wertpapiere |
| Aktien |  |  |  |  |
| Spanien |  |  |  |  |
| ES0161376019 | Martinsa-Fadesa S.A. Acciones Port. | STK | 0 | 193.750 |

| Gattungsbezeichnung | Stück bzw. | Volumen |
| --- | --- | --- |
|  | Anteile bzw. | in 1.000 |
|  | Währung |  |
| Derivate |  |  |
| (In Opening-Transaktionen umgesetzte Optionsprämien bzw. Volumen der Optionsgeschäfte, bei Optionsscheinen Angabe der Käufe und Verkäufe.) |
| Terminkontrakte |  |  |
| Aktienindex-Terminkontrakte |  |  |
| Verkaufte Kontrakte: | EUR | 11.199 |
| (Basiswert(e): ESTX Banks Index (Price) (EUR)) |  |  |
| Optionsrechte |  |  |
| Wertpapier-Optionsrechte |  |  |
| Optionsrechte auf Aktien |  |  |
| Gekaufte Kaufoptionen (Call): | EUR | 20.374 |
| (Basiswert(e): Bank of America Corp. Reg.Shares, Bank of Mon- treal Reg.Shares, Schwab Corp., Charles Reg.Shares) |
| Gekaufte Verkaufoptionen (Put): | EUR | 8.958 |
| (Basiswert(e): AXA S.A. Actions au Porteur, Bank of America Corp. Reg.Shares) |  |

| Verkaufte Kaufoptionen (Call): | EUR | 60.754 |
| --- | --- | --- |
| (Basiswert(e): Bank of America Corp. Reg.Shares, London Stock Exchange GroupPLC Reg.Shares, Schwab Corp., Charles Reg.Shares, Storebrand ASA Navne-Aksjer, The Toronto-Domi- nion Bank Reg.Shares, Truist Financial Corp. Reg.Shares) |  |  |
| Verkaufte Verkaufoptionen (Put): (Basiswert(e): AXA S.A. Actions au Porteur, Bank of America Corp. Reg. Shares, Deutsche Wohnen SE Inhaber-Aktien, PayPal Holdings Inc. Reg.Shares, Temenos AG Nam.-Aktien) | EUR | 48.514 |
| Optionsrechte auf Aktienindex-Derivate |  |  |
| Optionsrechte auf Aktienindizes |  |  |
| Gekaufte Kaufoptionen (Call): |  |  |
| (Basiswert(e): ESTX Banks Index (Price) (EUR)) | EUR | 7.225 |
| Gekaufte Verkaufoptionen (Put): |  |  |
| (Basiswert(e): ESTX Banks Index (Price) (EUR)) | EUR | 7.125 |
| Verkaufte Kaufoptionen (Call): |  |  |
| (Basiswert(e): ESTX Banks Index (Price) (EUR)) | EUR | 11.938 |
| Verkaufte Verkaufoptionen (Put): |  |  |
| (Basiswert(e): ESTX Banks Index (Price) (EUR)) | EUR | 22.513 |
| Sonstige Optionsrechte |  |  |
| Gekaufte Kaufoptionen (Call): |  |  |
| (Basiswert(e): CBOE Volatility Index (VIX)) | EUR | 1.490 |
| Verkaufte Verkaufoptionen (Put): |  |  |
| (Basiswert(e): CBOE Volatility Index (VIX)): | EUR | 1.150 |

Ertrags- und Aufwandsrechnung
Anteilklasse: Allianz Adiverba A (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Erträge |  |  |
| 1. Dividenden inländischer Aussteller (vor Körperschaftsteuer) |  | 801.417,55 |
| 2. Dividenden ausländischer Aussteller (vor Quellensteuer) | 9.043.061,36 |
| 3. Zinsen aus inländischen Wertpapieren |  | 0,00 |
| 4. Zinsen aus ausländischen Wertpapieren (vor Quellensteuer) |  | 0,00 |
| 5. Zinsen aus Liquiditätsanlagen im Inland |  | -9.565,02 |
| a) Negative Einlagezinsen | -9.565,02 |  |
| 6. Zinsen aus Liquiditätsanlagen im Ausland (vor Quellensteuer) |  | 0,00 |
| 7. Erträge aus Investmentanteilen |  | 0,00 |
| 8. Erträge aus Wertpapier-Darlehen- und -Pensionsgeschäften |  | 0,00 |
| 9a. Abzug inländischer Körperschaftsteuer |  | -120.212,60 |
| a) inländische Körperschaftsteuer auf inländische Dividendenerträge | -120.212,60 |  |
| 9b. Abzug ausländischer Quellensteuer | -1.368.025,10 |
| a) aus Dividenden ausländischer Aussteller | -1.368.025,10 |  |
| 10. Sonstige Erträge |  | 41.006,11 |
| Summe der Erträge | 8.387.682,30 |
| II. Aufwendungen |  |  |
| 1. Zinsen aus Kreditaufnahmen |  | -20.595,30 |
| 2. Verwaltungsvergütung | -6.011.928,64 |
| a) Pauschalvergütung 1) | -6.011.928,64 |  |
| 3. Verwahrstellenvergütung |  | 0,00 |
| 4. Prüfungs- und Veröffentlichungskosten |  | 0,00 |
| 5. Sonstige Aufwendungen |  | 0,00 |
| Summe der Aufwendungen | -6.032.523,94 |
| III. Ordentlicher Nettoertrag | 2.355.158,36 |
| IV. Veräußerungsgeschäfte |  |  |
| 1. Realisierte Gewinne | 36.711.722,45 |
| 2. Realisierte Verluste | -19.319.448,91 |
| Ergebnis aus Veräußerungsgeschäften | 17.392.273,54 |
| V. Realisiertes Ergebnis des Geschäftsjahres | 19.747.431,90 |
| 1. Nettoveränderung der nicht realisierten Gewinne | 61.836.335,16 |
| 2. Nettoveränderung der nicht realisierten Verluste | 21.309.034,67 |
| VI. Nicht realisiertes Ergebnis des Geschäfts- jahres | 83.145.369,83 |
| VII. Ergebnis des Geschäftsjahres | 102.892.801,73 |
| 1)  Gemäß den Vertragsbedingungen ist für das Sondervermögen eine an die Kapi- talverwaltungsgesellschaft abzuführende Pauschalvergütung („All-In-Fee“) in der Höhe von 1,80 % p.a. (im Geschäftsjahr 1,80 % p.a.) vereinbart. Hieraus bestritt die Kapitalverwaltungsgesellschaft die Kosten für das Portfoliomanagement sowie un- ter anderem die Aufwendungen für die Verwahrstelle (im Geschäftsjahr 0,008 % p.a.) und für Sonstige Dritte (z.B. Druck- und Veröffentlichungskosten, Abschlussprü- |

für den Zeitraum vom 01.07.2020 - 30.06.2021 (einschließlich Ertragsausgleich)
fung, etc.).
Anteilklasse: Allianz Adiverba P (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Erträge |  |  |
| 1. Dividenden inländischer Aussteller (vor Körperschaftsteuer) |  | 77.334,71 |
| 2. Dividenden ausländischer Aussteller (vor Quellensteuer) |  | 871.096,95 |
| 3. Zinsen aus inländischen Wertpapieren |  | 0,00 |
| 4. Zinsen aus ausländischen Wertpapieren (vor Quellensteuer) |  | 0,00 |
| 5. Zinsen aus Liquiditätsanlagen im Inland |  | -582,00 |
| a) Negative Einlagezinsen | -582,00 |  |
| 6. Zinsen aus Liquiditätsanlagen im Ausland (vor Quellensteuer) |  | 0,00 |
| 7. Erträge aus Investmentanteilen |  | 0,00 |
| 8. Erträge aus Wertpapier-Darlehen- und -Pensionsgeschäften |  | 0,00 |
| 9a. Abzug inländischer Körperschaftsteuer |  | -11.600,27 |
| a) inländische Körperschaftsteuer auf inländische Dividendenerträge | -11.600,27 |  |
| 9b. Abzug ausländischer Quellensteuer |  | -131.788,49 |
| a) aus Dividenden ausländischer Aussteller | -131.788,49 |  |
| 10. Sonstige Erträge |  | 3.958,02 |
| Summe der Erträge |  | 808.418,92 |
| II. Aufwendungen |  |  |
| 1. Zinsen aus Kreditaufnahmen |  | -1.608,33 |
| 2. Verwaltungslvergütung |  | -311.296,98 |
| a) Pauschalvergütung 1) | -311.296,98 |  |
| 3. Verwahrstellenvergütung |  | 0,00 |
| 4. Prüfungs- und Veröffentlichungskosten |  | 0,00 |
| 5. Sonstige Aufwendungen |  | 0,00 |
| Summe der Aufwendungen |  | -312.905,31 |
| III. Ordentlicher Nettoertrag |  | 495.513,61 |
| IV. Veräußerungsgeschäfte |  |  |
| 1. Realisierte Gewinne | 3.536.906,67 |
| 2. Realisierte Verluste | -1.858.148,02 |
| Ergebnis aus Veräußerungsgeschäften | 1.678.758,65 |
| V. Realisiertes Ergebnis des Geschäftsjahres | 2.174.272,26 |
| 1. Nettoveränderung der nicht realisierten Gewinne |  | 857.744,01 |
| 2. Nettoveränderung der nicht realisierten Verluste |  | 29.374,47 |
| VI. Nicht realisiertes Ergebnis des Geschäfts- jahres |  | 887.118,48 |
| VII. Ergebnis des Geschäftsjahres | 3.061.390,74 |
| 1)  Gemäß den Vertragsbedingungen ist für das Sondervermögen eine an die Kapi- talverwaltungsgesellschaft abzuführende Pauschalvergütung („All-In-Fee“) in der Höhe von 0,95 % p.a. (im Geschäftsjahr 0,95 % p.a.) vereinbart. Hieraus bestritt die Kapitalverwaltungsgesellschaft die Kosten für das Portfoliomanagement sowie un- ter anderem die Aufwendungen für die Verwahrstelle (im Geschäftsjahr 0,008 % p.a.) und für Sonstige Dritte (z.B. Druck- und Veröffentlichungskosten, Abschlussprü- |

für den Zeitraum vom 01.07.2020 - 30.06.2021 (einschließlich Ertragsausgleich)
fung, etc.).
Entwicklung des Sondervermögens 2020/2021
Anteilklasse: Allianz Adiverba A (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Wert des Sondervermögens am Beginn des Geschäftsjahres	 | 271.469.308,13 |
| 1. Ausschüttung bzw. Steuerabschlag für das Vorjahr | -392.580,26 |
| 2. Zwischenausschüttung(en) |  | 0,00 |
| 3. Mittelzufluss (netto) | 21.087.381,00 |
| a) Mittelzuflüsse aus Anteilschein-Verkäufen | 87.383.231,05 |  |
| davon aus Anteilschein-Verkäufen | 87.383.231,05 |  |
| davon aus Verschmelzung | 0,00 |  |
| b) Mittelabflüsse aus Anteilschein-Rücknahmen | -66.295.850,05 |  |
| 4. Ertragsausgleich/Aufwandsausgleich | -1.422.690,67 |
| 5. Ergebnis des Geschäftsjahres | 102.892.801,73 |
| davon Nettoveränderung der nicht realisierten Gewinne | 61.836.335,16 |  |
| davon Nettoveränderung der nicht realisierten Verluste | 21.309.034,67 |  |
| II. Wert des Sondervermögens am Ende des Geschäftsjahres | 393.634.219,93 |

Anteilklasse: Allianz Adiverba P (EUR)
Verwendung der Erträge des Sondervermögens
Anteilklasse: Allianz Adiverba A (EUR)
| Berechnung der Ausschüttung | insgesamt EUR | je Anteil EUR *) |
| --- | --- | --- |
| I. Für die Ausschüttung verfügbar |
| 1. Vortrag aus dem Vorjahr | 40.380.296,59 | 18,68 |
| 2. Realisiertes Ergebnis des Geschäftsjahres | 19.747.431,90 | 9,14 |
| 3. Zuführung aus dem Sondervermögen | 0,00 | 0,00 |
| II. Nicht für die Ausschüttung verwendet |
| 1. Der Wiederanlage zugeführt | 0,00 | 0,00 |
| 2. Vortrag auf neue Rechnung | 57.772.577,27 | 26,73 |
| III. Gesamtausschüttung | 2.355.151,22 | 1,09 |
| 1. Zwischenausschüttung | 0,00 | 0,00 |
| 2. Endausschüttung | 2.355.151,22 | 1,09 |
| Umlaufende Anteile per 30.06.2021: Stück 2.161.264 |
| *)  Rundungsbedingte Differenzen bei den je Anteil-Werten sind möglich. |

Anteilklasse: Allianz Adiverba P (EUR)
|  | EUR | EUR |
| --- | --- | --- |
| I. Wert des Sondervermögens am Beginn des Geschäftsjahres |  | 7.448,30 |
| 1. Ausschüttung bzw. Steuerabschlag für das Vorjahr |  | -83,93 |
| 2. Zwischenausschüttung(en) |  | 0,00 |
| 3. Mittelzufluss (netto) | 36.692.135,24 |
| a) Mittelzuflüsse aus Anteilschein-Verkäufen | 37.991.374,69 |  |
| davon aus Anteilschein-Verkäufen | 37.991.374,69 |  |
| davon aus Verschmelzung | 0,00 |  |
| b) Mittelabflüsse aus Anteilschein-Rücknahmen | -1.299.239,45 |  |
| 4. Ertragsausgleich/Aufwandsausgleich | -1.723.813,73 |
| 5. Ergebnis des Geschäftsjahres | 3.061.390,74 |
| davon Nettoveränderung der nicht realisierten Gewinne | 857.744,01 |  |
| davon Nettoveränderung der nicht realisierten Verluste | 29.374,47 |  |
| II. Wert des Sondervermögens am Ende des Geschäftsjahres | 38.037.076,62 |

| Berechnung der Ausschüttung | insgesamt EUR | je Anteil EUR *) |
| --- | --- | --- |
| I. Für die Ausschüttung verfügbar |
| 1. Vortrag aus dem Vorjahr | 0,00 | 0,00 |
| 2. Realisiertes Ergebnis des Geschäftsjahres | 2.174.272,26 | 65,73 |
| 3. Zuführung aus dem Sondervermögen | 0,00 | 0,00 |
| II. Nicht für die Ausschüttung verwendet |
| 1. Der Wiederanlage zugeführt | 0,00 | 0,00 |
| 2. Vortrag auf neue Rechnung | 1.678.758,51 | 50,75 |
| III. Gesamtausschüttung | 495.513,75 | 14,98 |
| 1. Zwischenausschüttung | 0,00 | 0,00 |
| 2. Endausschüttung | 495.513,75 | 14,98 |
| Umlaufende Anteile per 30.06.2021: Stück 33.079 |
| *)  Rundungsbedingte Differenzen bei den je Anteil-Werten sind möglich. |