Allianz Global Investors Premier Funds - Fundsupermart.com

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12.2 Such suspension shall take effect forthwith upon the declaration in writing thereof to the Trustee by the Managers (or, as the case may be, to the Managers by the Trustee) and shall terminate on the day following the first Business Day on which the condition giving rise to the suspension shall have ceased to exist and no other conditions under which suspension is authorised under this Paragraph 12 shall exist upon the declaration in writing thereof by the Managers (or, as the case may be, by the Trustee). 12.3 The Managers may also, with the approval of the Trustee, suspend the realisation of Units for such reasonable period as may be necessary to effect an orderly realisation of investments of the Sub-Fund in accordance with Clause 15.9 of the Deed. 12.4 Payment for any Units of the Sub-Fund realised before the commencement of any such suspension but for which payment has not been made before the commencement thereof may, if the Managers and the Trustee so agree, be deferred until immediately after the end of such suspension. 12.5 The “material proportion” of any Authorised Investment means such proportion of any Authorised Investment which when sold would in the opinion of the Managers in consultation with the Trustee cause the Value of the Sub-Fund Property to be significantly reduced. 13. PERFORMANCE OF THE SUB-FUND AND BENCHMARK INFORMATION 13.1 Performance of the Sub-Fund The performance of the Sub-Fund and its benchmark (as of 30 June 2009 is shown in the table below:- 1 Year 3 Years (Average Annual Compounded Return) Offer-to-bid basis 5 Years (Average Annual Compounded Return) Since Inception (Average Annual Compounded Return) % % % % Global Internet Fund -10.62 -3.67 -2.02 -13.47 Inter@ctive Week Internet Index -2.66 -0.78 -0.67 9.08 Notes: 1. Performance calculation of the Sub-Fund is in Singapore Dollars, with net dividends reinvested. Source: Morningstar. 2. Inception date: 15 February 2000. Earliest data available from S&P Micropal: 24 March 2000. 3. Past performance of the Sub-Fund is not necessarily a guide to its future performance. 4. The benchmark index during the launch of the Fund was Dow Jones Internet Index, against which benchmarking was discontinued in January 2004 and replaced with the Inter@ctive Week Internet Index and therefore the calculations since inception have been normalised with the new Index to reflect the change. 13.2 Expense ratio The expense ratios of the Sub-Fund including that of the Underlying Fund (calculated in accordance with IMAS’ guidelines on the disclosure of expense ratios and based on figures 15
in the Sub-Fund’s latest audited accounts) over the financial year ended 31 December 2008 are 2.89% (excluding performance fees) and 2.89% (including performance fees). The following expenses, if applicable, are excluded from the calculation of the expense ratios:- (a) (b) (c) (d) brokerage and other transaction costs; foreign exchange gains and losses; front-end or back-end loads arising from the purchase or sale of other funds; and tax deducted at source or arising from income received. 13.3 Turnover ratio The turnover ratio of the Sub-Fund (calculated based on the lesser of purchases or sales expressed as a percentage over average net asset value, i.e. average daily net asset value) over the period 1 January 2008 to 31 December 2008 is 34.85%. The turnover ratio of the Underlying Fund for the period 1 January 2008 to 31 December 2008 is 169.85%. 14. SOFT DOLLAR COMMISSIONS / ARRANGEMENTS Neither the Managers, AllianzGI Ireland nor the investment manager/investment adviser of the Underlying Fund may retain cash or other rebates from a broker or dealer in consideration of directing transactions in the Sub-Fund’s or the Underlying Fund’s deposited property, as the case may be, to the broker or dealer save that goods and services (soft dollars) may be retained if: (i) (ii) (iii) the goods and services are of demonstrable benefit to the Sub-Fund or the Underlying Fund, as the case may be; transaction execution is consistent with best execution standards and brokerage rates are not in excess of customary institutional full-service brokerage rates; and periodic disclosure is made in the Sub-Fund’s or the Underlying Fund’s annual report and semi-annual report, as the case may be, in the form of a statement describing the Managers’, AllianzGI Ireland’s or the investment manager/investment adviser’s soft dollar practices, as the case may be, including a description of the goods and services received by them. 15. CONFLICTS OF INTEREST 15.1 The Managers are also the managers of the RCM Global High Payout Fund and the RCM Global Twin-Focus Fund, the AllianzGI Enhanced Income & Growth Fund and the AllianzGI Choice Equity Fund, all of which are sub-funds of the Scheme. 15.2 The Managers may from time to time have to deal with competing or conflicting interests of the other funds which they manage with the Sub-Fund. For example, the Managers may make a purchase or sale decision on behalf of the AllianzGI Enhanced Income & Growth Fund without making the same decision on behalf of the Sub-Fund, as a decision whether or not to make the same investment or sale for the Sub-Fund depends on factors such as the cash availability and portfolio balance of the Sub-Fund. However, the Managers will use their reasonable endeavours at all times to act fairly and in the interests of the Sub-Fund. In particular, after taking into account the availability of cash and the relevant investment guidelines of the AllianzGI Enhanced Income & Growth Fund and the Sub-Fund, the Managers will endeavour to ensure that securities bought and sold will be allocated 16
Page 1: Prospectus dated 28 August 2009 All
Page 4 and 5: ALLIANZ GLOBAL INVESTORS PREMIER FU
Page 6 and 7: 6.2 In view of the equity-orientati
Page 8 and 9: 1. STRUCTURE OF THE SCHEME 1.1 The
Page 10 and 11: assessment of the market situation
Page 12 and 13: Investments in emerging markets and
Page 14 and 15: investor, the Managers will procure
Page 16 and 17: 8.7 Confirmation of purchase A trad
Page 18 and 19: cancellation proceeds if the apprec
Page 20 and 21: 10.5 How the realisation proceeds a
Page 24 and 25: proportionately as far as possible
Page 26 and 27: 19. OTHER MATERIAL INFORMATION 19.1
Page 28 and 29: GLOSSARY OF TERMS In this Prospectu
Page 30 and 31: (a) (b) (c) (d) the constitution of
Page 32 and 33: Register Relevant Participating Ban
Page 34: Board of Directors of Allianz Globa

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