25 July Dear Business Partner

Transcription

1 25 July 2013 Dear Business Partner As you are probably aware 8 th and 9 th of August are Singapore public holidays and the contractual settlement cycle for all Sub Funds of Allianz Global Investor Funds ( AGIF Funds ) is T+ 3. We envisage that the forthcoming holidays may potentially affect our valued distribution partners on their timely settlement of trades placed on 6 th and 7 th of August. As such, AllianzGI has taken the approach to arrange a special one-off settlement cycle of T+5 applicable only for orders placed on 6 th and 7 th August. The extended 2 days in settlement provides you with at least 3 Singapore business days from trade date to make arrangement for subscription payment and hence avoid any potential overdraft interest. Conversely, the redemption settlement cycle will also be delayed by one or two days for applications received on 6 th and 7 th of August except for Allianz Flexi Asia Bond and Allianz Thailand Equity. You can refer to the Appendices for the list of all AGIF Funds and comparison tables on subscription and redemption with settlement cycle at T+3 & T+5 for orders on 6 th and 7 th August. We would like to reiterate that T+5 settlement cycle is an exception and is not a set precedence for similar circumstance unless otherwise announced by AllianzGI. Please do not hesitate to contact AllianzGI Client Services if you have any question relating to the above. Client Services Allianz Global Investors Singapore Limited 3 Temasek Avenue #07-05 Centennial Tower Singapore Reg. No Z Hotline: Fax: SGPClientServices@allianzgi.com Please consider the environment before printing this .

2 Appendix I - List of AGIF Funds offered by AllianzGI Singapore Base No. Name of Sub Fund Share Class Currency Income Type ISIN Code 1 Allianz Asian Multi Income Plus IT USD Acc LU Allianz BRIC Equity AT EUR Acc LU Allianz Global Agricultural Trends AT USD Acc LU Allianz Global EcoTrends A EUR Dis LU Allianz Global Sustainability A EUR Dis LU Allianz Global Equity AT USD Acc LU Allianz US Equity Fund A USD Dis LU Allianz US Equity Fund AT SGD Acc LU Allianz China Equity A USD Dis LU Allianz China Equity AT SGD Acc LU Allianz Hong Kong Equity A USD Dis LU Allianz Hong Kong Equity AT SGD Acc LU Allianz Thailand Equity A USD Dis LU Allianz Little Dragons A USD Dis LU Allianz Little Dragons AT USD Acc LU Allianz Oriental Income A USD Dis LU Allianz Oriental Income AT USD Acc LU Allianz Oriental Income AT SGD Acc LU Allianz Oriental Income I USD Dis LU Allianz Total Return Asian Equity A USD Dis LU Allianz Emerging Asia Equity A USD Dis LU Allianz Tiger A USD Dis LU Allianz Global Hi-Tech Growth A USD Dis LU Allianz US Equity Dividend AT SGD Acc LU Allianz Indonesia Equity A USD Dis LU

3 No. Name of Sub Fund Share Class Base Currency Income Type ISIN Code 26 Allianz Japan Equity A USD Dis LU Allianz Korea Equity A USD Dis LU Allianz US High Yield IT USD Acc LU Allianz US High Yield AM USD Dis LU Allianz US High Yield AM H2 - AUD Dis LU Allianz US High Yield AM H2 - EUR Dis LU Allianz US High Yield AM H2 - GBP Dis LU Allianz US High Yield AM H2 - SGD Dis LU Allianz US High Yield AM H2-RMB Dis LU Allianz US High Yield AM H2-CAD Dis LU Allianz Europe Equity Growth AT EUR Acc LU Allianz Europe Equity Growth AT H2-SGD Acc LU Allianz Europe Equity Growth AT H2-USD Acc LU Allianz Global Metals and Mining AT EUR Acc LU Allianz Flexi Asia Bond IT USD Acc LU Allianz Renminbi Currency A USD Dis LU Allianz Income & Growth AM USD Dis LU Allianz Income & Growth AM H2 - AUD Dis LU Allianz Income & Growth AM H2 - EUR Dis LU Allianz Income & Growth AM H2 - GBP Dis LU Allianz Income & Growth AM H2 - RMB Dis LU Allianz Income & Growth AM H2 - SGD Dis LU Allianz Income & Growth AT USD Acc LU

4 Appendix II - Subscription and Redemptions application on 6th Aug 2013 Base on Contractual Settlement cycle T+3 Base on Contractual Settlement cycle T+5 1. Orders placed for trade date on 6 th Aug 1. Applicable for orders placed for trade date, 6 th Aug Order confirmations will be sent on 7 th Aug 2. Order confirmations will be sent on 7 th Aug 3. Settlement dates in accordance to Dealing Procedure for Distributor; 3. Special arrangement for T+5 contractual settlement cycle; Subscription settlement will fall on 7 th Aug (one day before holidays) Subscription settlement will fall on 13 th Aug* Redemption settlement will fall on 12 th Aug (one day after holidays) Redemption settlement will fall on 13 th Aug * 1. Order confirmation from RBC IS (Registrar of AGIF Funds) on 7th Aug limits the time for distributor to arrange for next day settlement for subscription. 2. Late settlement will incur overdraft charges which will be borne by the party who is obliged to ensure timely settlement. 1. Due to the holidays on 8 th and 9 th Aug, distributor will receive redemption proceeds on 12 th Aug. 1. No change in Order confirmation process as T+3 settlement cycle; that is, on 7 th Aug. 2. Distributor has more time to arrange for settlement on 13 th Aug; at least 3 Singapore business days from trade date. Hence avoid overdraft charges. 1. Distributor will receive the proceeds on 13th Aug, one day later than the normal T+3 settlement cycle except for Allianz Flexi Asia Bond and Allianz Thailand Equity. Notes* The determination on the settlement date for the below funds takes into account the valuation days of the Sub Fund 1. Allianz Flexi Asia Bond - settlement will fall on 16 th August Sub Fund valuation days exclude Singapore holidays on 8 th & 9 th August and Luxembourg holiday on 15 th Aug 2. Allianz Thailand Equity - settlement will fall on 14 th August Sub Fund valuation days exclude Thailand holiday on 12th Aug.

5 Appendix III - Subscription and Redemptions application on 7th Aug 2013 Base on Contractual Settlement cycle T+3 Base on Contractual Settlement cycle T+5 1. Orders placed for trade date on 7th Aug 1. Applicable for orders placed for trade date, 7th Aug Order confirmations will be sent on 12th Aug 2. Order confirmations will be sent on 12th Aug 3. Settlement dates in accordance to Dealing Procedure for Distributor; 3. Special arrangement for T+5 contractual settlement cycle; Subscription settlement will fall on 7th Aug (one day before holidays) Redemption settlement will fall on 12th Aug Subscription settlement will fall on 14th Aug* Redemption settlement will fall on 14th Aug* 1. Order confirmation from RBC IS (Registrar of AGIF Funds) to distributor on 12th Aug would not enable distributor who needs the confirmation to arrange for settlement on 7th Aug 2. Late settlement will incur overdraft charges which will be borne by the party who is obliged to ensure timely settlement. 1. Due to the holidays on 8th and 9th Aug, distributor will receive redemption proceeds on 12th Aug. 1. No change in Order confirmation process as T+3 settlement cycle; ie. 12th Aug. 2. Distributor has more time to arrange for settlement on 14th Aug; at least 3 Singapore business days from trade date. Hence avoid overdraft charges. 1. Distributor will receive the proceeds on 14th Aug, two days later than the normal T+3 settlement cycle except for Allianz Flexi Asia Bond and Allianz Thailand Equity. Notes* The determination on the settlement date for the below funds takes into account the valuation days of the Sub Fund 1. Allianz Flexi Asia Bond - settlement will fall on 19 th August Sub Fund valuation days exclude Singapore holidays on 8 th & 9 th August and Luxembourg holiday on 15 th Aug. 2. Allianz Thailand Equity - settlement will fall on 16th August Sub Fund valuation days exclude Thailand holiday on 14th Aug and Luxembourg holiday on 15 th Aug.