AGIF-Allianz US Sh.Dur.H.I.B AMg USD/  LU2111465915  /

Long-term income and lower volatility by investing in short duration high yield rated corporate Debt Securities of US Bond Markets in accordance with the Sustainability Key Performance Indicator Strategy (Absolute) ("KPI Strategy (Absolute)"). In this context, the aim is, at least, a year-on-year improvement pathway on the Sub-Fund"s weighted average Sustainability KPI to achieve the investment objective. The Sub-Fund follows the KPI Strategy (Absolute) and promotes responsible investments by applying a sustainability key performance indicator ("Sustainability KPI") to provide transparency on the measurable sustainability outcome pursued by the Sub-Fund"s Investment Manager for the shareholders. Minimum exclusion criteria for direct investments are applied. Min. 70% of Sub-Fund assets are invested in corporate bonds from the US as described in the investment objective in accordance with the KPI Strategy (Absolute). Max. 30% of Sub-Fund assets may be invested in bonds other than described in the investment objective in accordance with the KPI Strategy (Absolute). Sub-Fund's Sustainability KPI is the "Weighted Average GHG Intensity (Sales)" which is the weighted average of Sub-Fund"s portfolio GHG intensity (in tCO2e per Millions of sales). Min. 70% of Sub-Fund"s portfolio shall be evaluated by the "Weighted Average GHG Intensity (Sales)". Portfolio in this respect does not comprise derivatives and instruments that are nonevaluated by nature (e.g., cash and Deposits). Sub-Fund"s investment objective shall be achieved by a minimum outperformance of Sub-Fund's portfolio of at least a 5% year-on-year improvement pathway at the fiscal year end of the Sub-Fund"s portfolio Weighted Average GHG Intensity (Sales). Min. 70% of Sub- Fund assets may be invested in High-Yield bonds bearing a typically higher risk and higher potential of gains. Max. 30% of Sub-Fund assets may be invested in Emerging Markets. Max. 20 % of Sub-Fund assets may be invested in ABS and/or MBS.

Long-term income and lower volatility by investing in short duration high yield rated corporate Debt Securities of US Bond Markets in accordance with the Sustainability Key Performance Indicator Strategy (Absolute) ("KPI Strategy (Absolute)"). In this context, the aim is, at least, a year-on-year improvement pathway on the Sub-Fund"s weighted average Sustainability KPI to achieve the investment objective. The Sub-Fund follows the KPI Strategy (Absolute) and promotes responsible investments by applying a sustainability key performance indicator ("Sustainability KPI") to provide transparency on the measurable sustainability outcome pursued by the Sub-Fund"s Investment Manager for the shareholders. Minimum exclusion criteria for direct investments are applied.