Notification of changes to the underlying funds of various Allianz funds
17 Aug 2026
Notification of changes to the underlying funds of:
- R213 Allianz GEM Equity High Dividend (the “Affected ILP sub-fund 1”)
- R147 Allianz Total Return Asian Equity (the “Affected ILP sub-fund 2”)
(together the “Affected ILP sub-funds”)
We have been notified by Allianz Global Investors Fund (SICAV) (the “Company") of upcoming changes to the underlying funds of the Affected ILP sub-funds. These changes take effect 22 September 2026 (the “Effective Date”).
Renaming of the underlying fund of Affected ILP sub-fund 1
From the Effective Date, “Emerging Markets” will be outlined in the underlying fund name instead of the abbreviation “EM” for transparency purposes. The Company will therefore rename the underlying fund of Affected ILP sub-fund 1 to Allianz High Dividend Emerging Markets Equity. Accordingly, on the Effective Date we will update the name of Affected ILP sub-fund 1 as follows:
| Before Effective Date | From the Effective Date |
|---|---|
| R213 Allianz GEM Equity High Dividend | R213 Allianz High Dividend Emerging Markets Equity (USD) |
The Company states that the name change will not change the way the underlying fund is managed or its risk profile.
Investment Restrictions of the underlying funds of the Affected ILP sub-funds
The permissible level of exposure to the China A-Shares market, specified in Appendix 1 Part B of the underlying fund prospectus, will be aligned with applicable local registration requirements. As at the Effective Date, exposure to the China A-Shares market for the underlying funds of the Affected ILP sub-funds will be updated as follows:
| Before Effective Date | From the Effective Date |
|---|---|
| Max. 30% of the underlying fund assets may be invested into the China A-Share market | Max. 20% of the underlying fund assets may be invested into the China A-Share market |
These changes will take effect automatically and policyholders do not need to take any action. We recommend that policyholders seek the advice of their usual financial adviser before making any investment decisions.
We have contacted impacted policyholders and their financial advisers with notification; primarily by e-shot, with letters sent by post where we do not hold a valid email, and to those who prefer to receive letters by post. A sample of the client communication can be found opposite.
Should you have any questions regarding these changes, please contact the Investment Marketing Team.
