497 1 a12-19444_5497.htm 497



September 26, 2012


Securities and Exchange Commission

100 F Street NE

Washington, DC 20549


Re:               Allianz RCM Short Duration High Income Fund, a series of Allianz Funds Multi-Strategy Trust (Reg. 333-148624) (811-22167)


Ladies and Gentlemen:


We are filing the referenced amendment pursuant to Rule 497(e) under the Securities Act of 1933, as amended, to submit an exhibit in interactive data form with revised risk/return summary information from the supplement dated September 12, 2012.


Any comments or questions on this filing should be directed to Angela Borreggine at (212) 739-3213.


Very truly yours,


/s/ Angela Borreggine


Angela Borreggine

Senior Vice President and Senior Counsel


cc: Ropes & Gray LLP


Allianz Global Investors U.S. LLC

1633 Broadway

New York, NY 10019