Allianz Global Investors Fund - Allianz Best Styles US Small Cap Equity P EUR Inc

Long-term capital growth by investing in U.S. Equity Markets with a focus on small-sized companies in accordance with environmental and social characteristics (E/S characteristics). Sub-Fund assets are invested in accordance with E/S characteristics. Min. 70% of Sub-Fund assets are invested in Equities of small sized companies of the U.S. Equity Markets as described in the investment objective. Small Sized companies mean companies whose market capitalization is a maximum of 2 times the market capitalization of the largest component of the MSCI USA Small Cap Total Reutrn (Net) Index in terms of market capitalization. Max. 30% of Sub-Fund assets may be invested in Equities other than described in the investment objective. Max. 30% of Sub-Fund assets may be invested in Emerging Markets. Max. 25% of Sub Fund assets may be held directly in time deposits and/or (up to 20% of Sub-Fund assets) in deposits at sight and/or invested in Money Market Instruments and/or (up to 10% of Sub-Fund assets) in money market funds for liquidity management. Max. 10% of Sub-Fund assets may be invested in UCITS/UCI. All bonds and money market instruments must have at the time of acquisition a rating of at least B- or a comparable rating from a recognised rating agency. Sub-Fund classifies as “equity-fund” according to German Investment Tax Act (GITA). The Sub-Fund promotes E/S characteristics with simultaneous application of certain minimum exclusion criteria for direct investments. Sub-Fund’s pre-contractual template describes all relevant information about the E/S characteristics’ scope, details, and requirements and applied exclusion criteria. Min. 80% of Sub-Fund’s portfolio shall be evaluated by the “Weighted Average Greenhouse Gas Intensity" (GHG Intensity) which is the weighted average of Sub-Fund’s portfolio GHG intensity (in tCO2e per Millions of sales). Portfolio in this respect does not comprise derivatives and instruments that are nonevaluated by nature (e.g., cash and Deposits). GHG Intensity will be addressed by ensuring that the GHG Intensity of the SubFund's portfolio is continuously min. 20% lower than the GHG Intensity of Sub-Fund’s benchmark which has been assigned as for this calculation relevant benchmark. Min. 10% of Sub-Fund assets will be invested in Sustainable Investments. We manage this Sub-Fund in reference to a Benchmark. SubFund's Benchmark plays a role for the Sub-Fund’s performance objectives and measures. We follow an active management approach with the aim to outperform the Benchmark. Although our deviation from the investment universe, weightings and risk characteristics of the Benchmark is likely to be material in our own discretion, the majority of the Sub-Fund's investments (excluding derivatives) may consist of components of the Benchmark. Benchmark: MSCI USA Small Cap Total Return Net (in USD). You may redeem shares of the Fund usually on each business day. Allianz Global Investors GmbH reserves the right to restrict the redemption of shares under certain circumstances (e.g., increased redemption requests) or to suspend the redemption of shares in exceptional circumstances. We reinvest income generated into the Fund. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years