Allianz Global Multi-Asset Credit AQ (H2-EUR) EUR - dis
Allianz Global Investors Luxembourg S.A. - Luxembourg
The fund concentrates on global bonds of public or corporate issuers. Up to 75 % of fund assets may be invested in securities with a credit rating below BBB- (Standard & Poor’s classification). The proportion of asset-backed securities/mortgage-backed securities (ABS/MBS) may not exceed 40 %. Non-USD currency exposure exceeding 10 % of fund assets needs to be hedged. The investment objective is a long-term return in excess of the 3 month USD LIBOR.