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Notice to Unitholders Date: 7 June 2013 Our Ref.: All-in fee ...

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<strong>All</strong>ianz Global Inves<strong>to</strong>rs S<strong>in</strong>gapore Limited<br />

<strong>Date</strong>: 7 <strong>June</strong> <strong>2013</strong><br />

<strong>Our</strong> <strong>Ref</strong>.: <strong>All</strong>-<strong>in</strong> <strong>fee</strong><br />

<strong>All</strong>ianz Global Inves<strong>to</strong>rs S<strong>in</strong>gapore Limited<br />

3 Temasek Avenue, #07-05 Centennial Tower<br />

S<strong>in</strong>gapore 039190<br />

Phone : +65 6311 8000<br />

Fax : +65 6311 8099<br />

www.allianzglobal<strong>in</strong>ves<strong>to</strong>rs.com.sg<br />

Co. Regn No. 199907169Z<br />

<strong>Notice</strong> <strong>to</strong> <strong>Unitholders</strong><br />

IMPORTANT: This notice is important and requires your immediate attention.<br />

Dear <strong>Unitholders</strong>,<br />

<strong>All</strong>ianz Informationstechnologie<br />

<strong>All</strong>ianz PIMCO Europaz<strong>in</strong>s<br />

<strong>All</strong>ianz Rohs<strong>to</strong>fffonds<br />

(the “Funds”)<br />

We, as the S<strong>in</strong>gapore Representative of the Funds, are writ<strong>in</strong>g <strong>to</strong> <strong>in</strong>form you of a change <strong>to</strong> the Funds<br />

which will take effect from 1 July <strong>2013</strong>.<br />

Currently the Funds are charged on-go<strong>in</strong>g fund management costs through the management <strong>fee</strong>. In<br />

addition, certa<strong>in</strong> other fixed costs for all of the Funds are covered through the adm<strong>in</strong>istration <strong>fee</strong>, <strong>in</strong><br />

particular the cus<strong>to</strong>dian <strong>fee</strong>s and the costs of legally required documents and the publication of prices.<br />

Effective 1 July <strong>2013</strong>, the management <strong>fee</strong> and adm<strong>in</strong>istration <strong>fee</strong> currently levied on the Funds will be<br />

comb<strong>in</strong>ed <strong>in</strong><strong>to</strong> a s<strong>in</strong>gle lump-sum charge ("all-<strong>in</strong> <strong>fee</strong>"). The result is that the various <strong>fee</strong>s currently<br />

collected from the respective Funds <strong>in</strong> the form of a management <strong>fee</strong>, adm<strong>in</strong>istration <strong>fee</strong> will be<br />

elim<strong>in</strong>ated, and only a s<strong>in</strong>gle <strong>fee</strong>, the all-<strong>in</strong> <strong>fee</strong>, will be charged <strong>in</strong> the future.<br />

In addition <strong>to</strong> the current management <strong>fee</strong>, the future all-<strong>in</strong> <strong>fee</strong> <strong>in</strong>cludes all other major cost items such as<br />

bank cus<strong>to</strong>dy <strong>fee</strong>s, costs for pr<strong>in</strong>t<strong>in</strong>g and mail<strong>in</strong>g the legally prescribed sales documents <strong>to</strong> <strong>in</strong>ves<strong>to</strong>rs<br />

(annual and semi-annual reports, prospectus, product highlight sheet), publication costs for the annual<br />

and semi-annual reports as well as the liquidation report, the issue and redemption prices, distributions or<br />

accumulated <strong>in</strong>come, and the cost of the audit of the Funds by the Management Company's audi<strong>to</strong>rs.<br />

Based on specific needs and expenses, the costs <strong>in</strong> connection with the acquisition and disposal of<br />

assets (transaction costs), taxes that may arise <strong>in</strong> connection with the costs of adm<strong>in</strong>istration and cus<strong>to</strong>dy<br />

and any costs <strong>in</strong>curred by the fund for the assertion and enforcement of legal claims that appear <strong>to</strong> be<br />

justified or for defence aga<strong>in</strong>st claims that appear unjustified will cont<strong>in</strong>ue <strong>to</strong> be accounted for at the Fund<br />

level and charged <strong>to</strong> the respective unit holders.<br />

Fund <strong>in</strong>ves<strong>to</strong>rs <strong>in</strong>cur no additional costs through the <strong>in</strong>troduction of the all-<strong>in</strong> <strong>fee</strong>. The <strong>fee</strong>s and<br />

charges already currently collected are merely consolidated. At the same time, the possibility of<br />

<strong>in</strong>creas<strong>in</strong>g management and adm<strong>in</strong>istration <strong>fee</strong>s up <strong>to</strong> a maximum specified <strong>in</strong> the prospectus is<br />

elim<strong>in</strong>ated. The level of management and adm<strong>in</strong>istration <strong>fee</strong>s currently applicable will be set as part of the<br />

all-<strong>in</strong> costs.<br />

A <strong>fee</strong> comparison with fund <strong>fee</strong>s without an all-<strong>in</strong> <strong>fee</strong> may be based on the respective <strong>to</strong>tal expense<br />

ratios. This <strong>in</strong>cludes all regular costs <strong>in</strong>curred <strong>in</strong> the last f<strong>in</strong>ancial year with the exception of expenses for<br />

securities transactions.<br />

The relevant approvals were issued by German Federal F<strong>in</strong>ancial Supervisory Authority <strong>in</strong> letters dated<br />

19 April <strong>2013</strong> and 16 May <strong>2013</strong>.<br />

Upon the effective date, an updated version of the Fund prospectus will be available<br />

http://www.allianzgi.sg.


Below is an overview of the Funds’ new <strong>fee</strong> structure:<br />

Fund name<br />

Unit<br />

class<br />

ISIN<br />

Current Current NEW <strong>All</strong>-<strong>in</strong> <strong>fee</strong><br />

management adm<strong>in</strong>istration (current mgmt. +<br />

<strong>fee</strong><br />

<strong>fee</strong><br />

adm<strong>in</strong>. <strong>fee</strong>s)<br />

<strong>All</strong>ianz<br />

Informationstechnologie<br />

A DE0008475120 1.50% 0.30% 1.80%<br />

<strong>All</strong>ianz PIMCO Europaz<strong>in</strong>s A DE0008476037 0.75% 0.19% 0.94%<br />

<strong>All</strong>ianz Rohs<strong>to</strong>fffonds A DE0008475096 1.50% 0.30% 1.80%<br />

If you have any questions about the content of this notice or your <strong>in</strong>vestment, you should seek<br />

<strong>in</strong>dependent professional advice or you may call us at 1-800-438-0828.<br />

Yours s<strong>in</strong>cerely,<br />

<strong>All</strong>ianz Global Inves<strong>to</strong>rs S<strong>in</strong>gapore Limited<br />

Note: Investments <strong>in</strong> the Fund are not obligations of, deposits with, or guaranteed by the Management<br />

Company or <strong>All</strong>ianz Global Inves<strong>to</strong>rs S<strong>in</strong>gapore Limited and are subject <strong>to</strong> <strong>in</strong>vestment risks, <strong>in</strong>clud<strong>in</strong>g the<br />

possible loss of the pr<strong>in</strong>cipal amount <strong>in</strong>vested. The value of the units <strong>in</strong> the Fund and the <strong>in</strong>come accru<strong>in</strong>g<br />

<strong>to</strong> the units, if any, may fall or rise and cannot be guaranteed. Past performance of the Fund is not<br />

necessarily a guide <strong>to</strong> future performance. Inves<strong>to</strong>rs should read the prospectus of the Fund for details<br />

on the Fund before decid<strong>in</strong>g whether <strong>to</strong> subscribe for, purchase units <strong>in</strong> or switch <strong>in</strong><strong>to</strong> the Fund. Copies of<br />

the prospectus of the Fund are available and may be obta<strong>in</strong>ed from <strong>All</strong>ianz Global Inves<strong>to</strong>rs S<strong>in</strong>gapore<br />

Limited or any of its appo<strong>in</strong>ted distribu<strong>to</strong>rs.<br />

2

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