AllianzGI exports successful Voya strategy to Europe and Asia

Investing involves risk. The value of an investment and income from it may fall or rise. Investors may not get back the full amount invested. Investments in fixed income securities may involve various risks to investors, including but not limited to credit risk, interest rate risk, liquidity risk and risk of limited flexibility. Changes in the economic environment and market conditions may affect these risks, which may adversely affect the value of the investments. In times of rising nominal interest rates, the values of fixed income securities (including positions relating to short-term fixed income instruments) are generally expected to decline. Conversely, in times of falling interest rates, the values of fixed income securities are generally expected to increase. Liquidity risks may potentially result in account disbursements or repayments being delayed or not possible at all. Allianz US Investment Grade Credit and Allianz US Short Duration High Income are sub-funds of Allianz Global Investors Fund SICAV, an open-ended investment company with variable capital incorporated under the laws of Luxembourg. The value of Shares in Share classes of the Sub-Funds denominated in currencies other than the Base Currency may be subject to increased volatility. The volatility of other share classes may differ and may be higher. Past performance is not indicative of future returns. Where the currency in which past performance is presented differs from the investor's home currency, the investor should note that the performance presented may be higher or lower when converted into the investor's local currency due to exchange rate fluctuations. This is for information purposes only and should not be construed as an offer or solicitation of an offer, to enter into any contract or to acquire or dispose of any securities. The products or securities described herein may not be available for purchase in all countries or only to certain categories of investors. This information may only be distributed to the extent permitted by applicable law and, in particular, not to nationals or residents of the United States. The investment opportunities described therein do not take into account the investment objectives, financial situation, knowledge, experience or special needs of any individual person and are not guaranteed. Management companies may decide to discontinue the arrangements they have made for the distribution of the units of their collective investment undertakings in accordance with the applicable de-notification rules. The estimates and opinions expressed are those of the publisher and/or its affiliates at the time of publication and are subject to change without notice. The data used has been obtained from various sources and is believed to be accurate and reliable as of the date of publication. Existing or future offer or contract terms take precedence.

For investors in Europe (excluding Switzerland) Up-to-date fund prices, sales prospectuses, formation documents, current semi-annual and annual reports and the basic information sheet in German are available free of charge from the issuer by post or as a download at regulatory.allianzgi.com. You can also contact the management company Allianz Global Investors GmbH in Luxembourg (the fund's country of domicile) for this purpose. Austrian investors may additionally contact the Austrian Information Agent Erste Bank der österreichischen Sparkassen AG Am Belvedere 1, AT-1100 Vienna. Please read these sole binding documents carefully before making an investment decision. This is a marketing communication issued by Allianz Global Investors GmbH, www.allianzgi.de, a capital management company with limited liability, incorporated in Germany; registered office: Bockenheimer Landstr. 42-44, 60323 Frankfurt/M., Commercial Register of the Local Court of Frankfurt/M., HRB 9340; authorised by the German Federal Financial Supervisory Authority (www.bafin.de). Allianz Global Investors GmbH has established a branch office in the United Kingdom, France, Italy, Spain, Luxembourg, Sweden, Belgium and the Netherlands. Contact details and information on local regulation are available here (www.allianzgi.com/Info). The summary of investor rights is available in English, French, German, Italian and Spanish at https://regulatory.allianzgi.com/en/investors-rights.

For investors in Switzerland Up-to-date fund prices, sales prospectuses, formation documents, current semi-annual and annual reports and the basic information sheet are available free of charge from the Management Company Allianz Global Investors GmbH in Luxembourg (the fund's country of domicile), the Issuer, the Representative appointed for the fund in Switzerland and the Paying Agent BNP Paribas Securities Services, Paris, Zurich Branch, Selnaustrasse 16, CH-8002 Zurich by post or as a download from the address www.allianzgi-regulatory.eu. Please read these sole binding documents carefully before making an investment decision. This is a marketing communication issued by Allianz Global Investors (Schweiz) AG, a wholly owned subsidiary of Allianz Global Investors GmbH. The summary of investor rights is available in English, French, German, Italian and Spanish at https://regulatory.allianzgi.com/en/investors-rights. [2913597]