Investing involves risk. The value of an investment and the income from it will fluctuate
and investors may not get back the principal invested. Past performance is not indicative of
future performance. This is a marketing communication. It is for informational purposes
only. This document does not constitute investment advice or a recommendation to buy,
sell or hold any security and shall not be deemed an offer to sell or a solicitation of an offer
to buy any security.
The views and opinions expressed herein, which are subject to change without notice, are
those of the issuer or its affiliated companies at the time of publication. Certain data used
are derived from various sources believed to be reliable, but the accuracy or completeness
of the data is not guaranteed and no liability is assumed for any direct or consequential
losses arising from their use. The duplication, publication, extraction or transmission of the
contents, irrespective of the form, is not permitted.
This material has not been reviewed by any regulatory authorities. In mainland China, it is
for Qualified Domestic Institutional Investors scheme pursuant to applicable rules and
regulations and is for information purpose only. This document does not constitute a public
offer by virtue of Act Number 26.831 of the Argentine Republic and General Resolution No.
622/2013 of the NSC. This communication's sole purpose is to inform and does not under
any circumstance constitute promotion or publicity of Allianz Global Investors products
and/or services in Colombia or to Colombian residents pursuant to part 4 of Decree 2555 of
2010. This communication does not in any way aim to directly or indirectly initiate the
purchase of a product or the provision of a service offered by Allianz Global Investors. Via
reception of this document, each resident in Colombia acknowledges and accepts to have
contacted Allianz Global Investors via their own initiative and that the communication under
no circumstances does not arise from any promotional or marketing activities carried out
by Allianz Global Investors. Colombian residents accept that accessing any type of social
network page of Allianz Global Investors is done under their own responsibility and initiative
and are aware that they may access specific information on the products and services of
Allianz Global Investors. This communication is strictly private and confidential and may not
be reproduced. This communication does not constitute a public offer of securities in
Colombia pursuant to the public offer regulation set forth in Decree 2555 of 2010. This
communication and the information provided herein should not be considered a solicitation
or an offer by Allianz Global Investors or its affiliates to provide any financial products in
Brazil, Panama, Peru, and Uruguay. In Australia, this material is presented by Allianz Global
Investors Asia Pacific Limited (“AllianzGI AP”) and is intended for the use of investment
consultants and other institutional/professional investors only, and is not directed to the
public or individual retail investors. AllianzGI AP is not licensed to provide financial services
to retail clients in Australia. AllianzGI AP is exempt from the requirement to hold an
Australian Foreign Financial Service License under the Corporations Act 2001 (Cth) pursuant
to ASIC Class Order (CO 03/1103) with respect to the provision of financial services to
wholesale clients only. AllianzGI AP is licensed and regulated by Hong Kong Securities and
Futures Commission under Hong Kong laws, which differ from Australian laws.
This document is being distributed by the following Allianz Global Investors companies:
Allianz Global Investors GmbH, an investment company in Germany, authorized by the
German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin); Allianz Global Investors
(Schweiz) AG; in HK, by Allianz Global Investors Asia Pacific Ltd., licensed by the Hong Kong
Securities and Futures Commission; in Singapore, by Allianz Global Investors Singapore Ltd.,
regulated by the Monetary Authority of Singapore [Company Registration No. 199907169Z];
in Japan, by Allianz Global Investors Japan Co., Ltd., registered in Japan as a Financial
Instruments Business Operator [Registered No. The Director of Kanto Local Finance Bureau
(Financial Instruments Business Operator), No. 424], Member of Japan Investment Advisers
Association, the Investment Trust Association, Japan and Type II Financial Instruments
Firms Association; in Taiwan, by Allianz Global Investors Taiwan Ltd., licensed by Financial
Supervisory Commission in Taiwan; and in Indonesia, by PT. Allianz Global Investors Asset
Management Indonesia is licensed and supervised by Indonesia Financial Services Authority
(OJK). Investment through mutual funds contains risk. Before deciding to invest, prospective
investors must read and understand the prospectus. Past performance does not
guarantee/reflect an indication of future performance.
AdMaster ID: 6018283