0001104659-12-067812.txt : 20121005 0001104659-12-067812.hdr.sgml : 20121005 20121005133050 ACCESSION NUMBER: 0001104659-12-067812 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 8 FILED AS OF DATE: 20121005 DATE AS OF CHANGE: 20121005 EFFECTIVENESS DATE: 20121005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANZ FUNDS CENTRAL INDEX KEY: 0000867297 IRS NUMBER: 330457728 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-36528 FILM NUMBER: 121131761 BUSINESS ADDRESS: STREET 1: 1633 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-739-3000 MAIL ADDRESS: STREET 1: 1633 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: PIMCO FUNDS MULTI MANAGER SERIES DATE OF NAME CHANGE: 19970626 FORMER COMPANY: FORMER CONFORMED NAME: PIMCO FUNDS EQUITY ADVISORS SERIES DATE OF NAME CHANGE: 19960227 FORMER COMPANY: FORMER CONFORMED NAME: PIMCO ADVISORS INSTITUTIONAL FUNDS DATE OF NAME CHANGE: 19941017 0000867297 S000007971 Allianz AGIC Growth Fund C000021653 A PGWAX C000021654 Administrative PGFAX C000021655 B PGFBX C000021656 C PGWCX C000021657 D PGRDX C000021658 Institutional PGFIX C000021659 R PPGRX C000066132 P AOGPX 497 1 a12-19444_7497.htm 497

 

 

October 5, 2012

 

Securities and Exchange Commission

100 F Street NE

Washington, DC  20549

 

Re:                               Allianz Funds (Reg. 33-36528) (811-6161)

 

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 for the Fund dated September 19, 2012.

 

Any comments or questions on this filing should be directed to Debra Rubano at (212) 739-3228.

 

Very truly yours,

 

 

 

/s/ Debra Rubano

 

 

 

Debra Rubano, Esq.

 

 

cc:           Ropes & Gray LLP

 

Allianz Global Investors of America L.P.

1633 Broadway

New York, NY 10019

 


EX-101.INS 2 ck0000867297-20120919.xml XBRL INSTANCE DOCUMENT iso4217:USD pure 0000867297 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021659Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021656Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021655Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021653Member 2012-09-19 2012-09-19 0000867297 ck0000867297:P0002-S000007971Member ck0000867297:S000007971Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021657Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021654Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000066132Member 2012-09-19 2012-09-19 0000867297 ck0000867297:S000007971Member ck0000867297:C000021658Member 2012-09-19 2012-09-19 0000867297 ck0000867297:P0001-S000007971Member ck0000867297:S000007971Member 2012-09-19 2012-09-19 Other 2012-09-19 ALLIANZ FUNDS 0000867297 false 2012-09-19 2012-09-19 2012-08-29 Allianz AGIC Growth Fund (the “Fund”) <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><b><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>ALLIANZ FUNDS</font></b></p> <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>Supplement Dated September&nbsp;19, 2012</font></p> <p class="MsoNormal" align="center" style="margin-top:0in;margin-right:0in;margin-left:0in;font-size:11.0pt;font-family:'calibri','sans-serif';margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>to the Statutory Prospectus for Institutional Class, Class P, Administrative Class and Class D Shares</font></p> <p class="MsoNormal" align="center" style="margin-top:0in;margin-right:0in;margin-left:0in;font-size:11.0pt;font-family:'calibri','sans-serif';margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>of Allianz AGIC Growth Fund, a series of Allianz Funds</font></p> <p class="MsoNormal" align="center" style="margin-top:0in;margin-right:0in;margin-left:0in;font-size:11.0pt;font-family:'calibri','sans-serif';margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Dated August&nbsp;29, 2012</font></p> <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><b><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>Disclosure Relating to the Allianz AGIC Growth Fund (the “Fund”)</font></b></p> <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Within the Fund Summary relating to the Fund, the subsection entitled “Investment Objective” will be restated in its entirety as follows:</font></p> <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The Fund seeks capital appreciation.</font></p> <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The fee tables and expense examples for the Fund under “Fees and Expenses of the Fund” will be revised in their entirety as follows:</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> Shareholder fees (fees paid directly from your investment): None &nbsp; Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) &nbsp; Examples: <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';"><font style='font-size:10.0pt;line-height:115%;font-family: "Times New Roman","serif"'>The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples assume that you invest $10,000 in the noted class of shares for the time periods indicated, your investment has a 5% return each year, and the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, the Examples show what your costs would be based on these assumptions.</font></p> Within the Fund Summary relating to the Fund, the subsection entitled “Principal Investment Strategies” will be restated in its entirety as follows: &nbsp; <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The Fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest up to</font><font style='font-size:12.0pt;font-family:"Times New Roman","serif"'> </font><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). At times, depending on market and other conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. Effective September&nbsp;24, 2012, the Fund changed its name from “Allianz AGIC Growth Fund” to “Allianz RCM Focused Growth Fund” in connection with a change in the Fund’s investment strategy. The portfolio managers are constrained to only including the 25-45 highest conviction large cap growth stocks covered by the research team. The portfolio managers believe the securities in the Fund exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investment: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> Within the Fund Summary relating to the Fund, the subsection entitled “Principal Risks” will be restated in its entirety as follows: &nbsp; <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The Fund’s net asset value, yield and total return will be affected by the allocation determinations, investment decisions and techniques of the Fund’s management, factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers, and factors influencing the U.S. or global economies and securities markets or relevant industries or sectors within them ( <b>Management Risk, Issuer Risk, Market Risk</b> ). Equity securities may react more strongly to changes in an issuer’s financial condition or prospects than other securities of the same issuer ( <b>Equity Securities Risk</b> ). Focusing on a limited number of issuers, sectors, industries, or geographic regions increases risk and volatility ( <b>Focused Investment Risk</b> ). Other principal risks include: <b>Credit Risk</b> (an issuer or counterparty may default on obligations); <b>Derivatives Risk</b> (derivative instruments are complex, have different characteristics than their underlying assets and are subject to additional risks, including leverage, liquidity and valuation); <b>Leveraging Risk</b> (instruments and transactions that constitute leverage magnify gains or losses and increase volatility); <b>Liquidity Risk</b> (the lack of an active market for investments may cause delay in disposition or force a sale below fair value); <b>Non-U.S. Investment Risk, Emerging Markets Risk, Currency Risk</b> (non-U.S. securities markets and issuers may be more volatile, smaller, less liquid, less transparent and subject to less oversight, particularly in emerging markets, and non-U.S. securities values may also fluctuate with currency exchange rates); and <b>Turnover Risk</b> (high levels of portfolio turnover increase transaction costs and taxes and may lower investment performance). Please see “Summary of Principal Risks” in the Fund’s statutory prospectus for a more detailed description of the Fund’s risks. It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> Within the Fund Summary relating to the Fund, the following will be inserted as the penultimate sentence of the first paragraph under “Performance Information”: &nbsp; <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Prior to September&nbsp;24, 2012, the Fund was managed by a different sub-adviser pursuant to a different investment strategy and would not necessarily have achieved the performance results shown below under its current investment strategy.</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><b><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>Please retain this Supplement for future reference.</font></b></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> PGFIX AOGPX PGFAX PGRDX 0.0075 0.0000 0.0001 0.0076 0.0085 0.0000 0.0001 0.0086 0.0075 0.0025 0.0001 0.0101 0.0085 0.0025 0.0001 0.0111 <div> &lt;div style="display:none;" &gt;~ http://www.allianzinvestors.com/20120919/role/OperatingExpensesData_P0001-S000007971Member row rr_ProspectusShareClassAxis compact * row dei_LegalEntityAxis compact ck0000867297_S000007971Member column primary compact * column dei_LegalEntityAxis compact ck0000867297_S000007971Member ~&lt;/div&gt; </div> 78 243 422 942 88 274 477 1061 103 322 558 1236 113 353 612 1352 <div> &lt;div style="display:none;" &gt;~ http://www.allianzinvestors.com/20120919/role/ExpenseExample_P0001-S000007971Member row primary compact * row dei_LegalEntityAxis compact ck0000867297_S000007971Member column rr_ProspectusShareClassAxis compact * column dei_LegalEntityAxis compact ck0000867297_S000007971Member ~&lt;/div&gt; </div> Allianz AGIC Growth Fund <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><b><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>ALLIANZ FUNDS</font></b></p> <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>Supplement Dated September&nbsp;19, 2012</font></p> <p class="MsoNormal" align="center" style="margin-top:0in;margin-right:0in;margin-left:0in;font-size:11.0pt;font-family:'calibri','sans-serif';margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>to the Statutory Prospectus for Class&nbsp;A, B, C and R Shares</font></p> <p class="MsoNormal" align="center" style="margin-top:0in;margin-right:0in;margin-left:0in;font-size:11.0pt;font-family:'calibri','sans-serif';margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>of Allianz AGIC Growth Fund, a series of Allianz Funds</font></p> <p class="MsoNormal" align="center" style="margin-top:0in;margin-right:0in;margin-left:0in;font-size:11.0pt;font-family:'calibri','sans-serif';margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Dated August&nbsp;29, 2012</font></p> <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><b><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>Disclosure Relating to the Allianz AGIC Growth Fund (the “Fund”)</font></b></p> <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Within the Fund Summary relating to the Fund, the subsection entitled “Investment Objective” will be restated in its entirety as follows:</font></p> <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The Fund seeks capital appreciation.</font></p> <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:normal;text-autospace:none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The fee tables and expense examples for the Fund under “Fees and Expenses of the Fund” will be revised in their entirety as follows:</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> Shareholder fees (fees paid directly from your investment): &nbsp; Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) &nbsp; Examples: <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';"><font style='font-size:10.0pt;line-height:115%;font-family: "Times New Roman","serif"'>The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples assume that you invest $10,000 in the noted class of shares for the time periods indicated, your investment has a 5% return each year, and the Fund’s operating expenses remain the same. The Examples also assume conversion of Class B shares to Class&nbsp;A shares after seven years. Although your actual costs may be higher or lower, the Examples show what your costs would be based on these assumptions.</font></p> Within the Fund Summary relating to the Fund, the subsection entitled “Principal Investment Strategies” will be restated in its entirety as follows: &nbsp; <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The Fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest up to 20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). At times, depending on market and other conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. Effective September&nbsp;24, 2012, the Fund changed its name from “Allianz AGIC Growth Fund” to “Allianz RCM Focused Growth Fund” in connection with a change in the Fund’s investment strategy. The portfolio managers are constrained to only including the 25-45 highest conviction large cap growth stocks covered by the research team. The portfolio managers believe the securities in the Fund exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investment: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> Within the Fund Summary relating to the Fund, the subsection entitled “Principal Risks” will be restated in its entirety as follows: &nbsp; <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>The Fund’s net asset value, yield and total return will be affected by the allocation determinations, investment decisions and techniques of the Fund’s management, factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers, and factors influencing the U.S. or global economies and securities markets or relevant industries or sectors within them ( <b>Management Risk, Issuer Risk, Market Risk</b> ). Equity securities may react more strongly to changes in an issuer’s financial condition or prospects than other securities of the same issuer ( <b>Equity Securities Risk</b> ). Focusing on a limited number of issuers, sectors, industries, or geographic regions increases risk and volatility ( <b>Focused Investment Risk</b> ). Other principal risks include: <b>Credit Risk</b> (an issuer or counterparty may default on obligations); <b>Derivatives Risk</b> (derivative instruments are complex, have different characteristics than their underlying assets and are subject to additional risks, including leverage, liquidity and valuation); <b>Leveraging Risk</b> (instruments and transactions that constitute leverage magnify gains or losses and increase volatility); <b>Liquidity Risk</b> (the lack of an active market for investments may cause delay in disposition or force a sale below fair value); <b>Non-U.S. Investment Risk, Emerging Markets Risk, Currency Risk</b> (non-U.S. securities markets and issuers may be more volatile, smaller, less liquid, less transparent and subject to less oversight, particularly in emerging markets, and non-U.S. securities values may also fluctuate with currency exchange rates); and <b>Turnover Risk</b> (high levels of portfolio turnover increase transaction costs and taxes and may lower investment performance). Please see “Summary of Principal Risks” in the Fund’s statutory prospectus for a more detailed description of the Fund’s risks. It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> Within the Fund Summary relating to the Fund, the following will be inserted as the penultimate sentence of the first paragraph under “Performance Information”: &nbsp; <p class="MsoNormal" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:4.5pt;margin-right:0in;margin-bottom:0in; margin-left:23.0pt;margin-bottom:.0001pt;line-height:normal;text-autospace: none"><font style='font-size:10.0pt;font-family:"Times New Roman","serif"'>Prior to September&nbsp;24, 2012, the Fund was managed by a different sub-adviser pursuant to a different investment strategy and would not necessarily have achieved the performance results shown below under its current investment strategy.</font></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> <p class="MsoNormal" align="center" style="font-size:11.0pt;font-family:'calibri','sans-serif';margin-top:9.0pt;margin-right:0in; margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center; line-height:normal;text-autospace:none"><b><font style='font-size:10.0pt; font-family:"Times New Roman","serif"'>Please retain this Supplement for future reference.</font></b></p> <p class="MsoNormal" style="margin-top:0in;margin-right:0in;margin-left:0in;margin-bottom:10.0pt;line-height:115%;font-size:11.0pt;font-family:'calibri','sans-serif';">&nbsp;</p> PGWAX PGFBX PGWCX PPGRX 0.0550 0.0100 0.0000 0.0500 0.0000 0.0100 0.0000 0.0000 <div> &lt;div style="display:none;" &gt;~ http://www.allianzinvestors.com/20120919/role/ShareholderFeesData_P0002-S000007971Member row rr_ProspectusShareClassAxis compact * row dei_LegalEntityAxis compact ck0000867297_S000007971Member column primary compact * column dei_LegalEntityAxis compact ck0000867297_S000007971Member ~&lt;/div&gt; </div> 0.0085 0.0025 0.0001 0.0111 0.0085 0.0100 0.0001 0.0186 0.0085 0.0100 0.0001 0.0186 0.0085 0.0050 0.0001 0.0136 <div> &lt;div style="display:none;" &gt;~ http://www.allianzinvestors.com/20120919/role/OperatingExpensesData_P0002-S000007971Member row rr_ProspectusShareClassAxis compact * row dei_LegalEntityAxis compact ck0000867297_S000007971Member column primary compact * column dei_LegalEntityAxis compact ck0000867297_S000007971Member ~&lt;/div&gt; </div> 657 883 1128 1827 689 885 1206 1892 289 585 1006 2180 138 431 745 1635 <div> &lt;div style="display:none;" &gt;~ http://www.allianzinvestors.com/20120919/role/ExpenseExample_P0002-S000007971Member row primary compact * row dei_LegalEntityAxis compact ck0000867297_S000007971Member column rr_ProspectusShareClassAxis compact * column dei_LegalEntityAxis compact ck0000867297_S000007971Member ~&lt;/div&gt; </div> 657 883 1128 1827 189 585 1006 1892 189 585 1006 2180 138 431 745 1635 <div> &lt;div style="display:none;" &gt;~ http://www.allianzinvestors.com/20120919/role/ExpenseExampleNoRedemption_P0002-S000007971Member row primary compact * row dei_LegalEntityAxis compact ck0000867297_S000007971Member column rr_ProspectusShareClassAxis compact * column dei_LegalEntityAxis compact ck0000867297_S000007971Member ~&lt;/div&gt; </div> For Class A shares, the CDSC is imposed only in certain circumstances where shares are purchased without a front-end sales charge at the time of purchase. For Class B shares, the maximum CDSC is imposed on shares redeemed in the first year, with CDSCs decreasing over time to zero for shares held longer. For Class C shares, the CDSC is imposed only on shares redeemed in the first year. EX-101.SCH 3 ck0000867297-20120919.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0011 - Document - Document And Entity Information {Elements} link:calculationLink link:presentationLink link:definitionLink 010005 - Document - Risk/Return Summary {Unlabeled} (Allianz AGIC Growth Fund (Prospectus Summary):) link:presentationLink link:calculationLink link:definitionLink 010010 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 010015 - Schedule - Annual Fund Operating Expenses link:presentationLink link:calculationLink link:definitionLink 010020 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 010025 - Schedule - Expense Example, No Redemption {Transposed} link:presentationLink link:calculationLink link:definitionLink 010030 - Schedule - Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 010035 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 050005 - Document - Risk/Return Summary {Unlabeled} (Allianz AGIC Growth Fund (Second Summary Prospectus)) link:presentationLink link:calculationLink link:definitionLink 050010 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 050015 - Schedule - Annual Fund Operating Expenses link:presentationLink link:calculationLink link:definitionLink 050020 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 050025 - Schedule - Expense Example, No Redemption {Transposed} link:presentationLink link:calculationLink link:definitionLink 050030 - Schedule - Annual Total Returns link:presentationLink link:calculationLink link:definitionLink 050035 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 050040 - Disclosure - Risk/Return Detail Data {Elements} (Allianz AGIC Growth Fund (Second Summary Prospectus)) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 ck0000867297-20120919_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 5 ck0000867297-20120919_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 6 ck0000867297-20120919_lab.xml XBRL TAXONOMY EXTENSION LABELS LINKBASE DOCUMENT EX-101.PRE 7 ck0000867297-20120919_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 8 g194447bci001.jpg GRAPHIC begin 644 g194447bci001.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#UW4-1L]*L MWO+Z=8($P&D?H,G`K('COPLQ`&M6V3[G_"KGB6]AT[P[?7 M]N9TCMHUW-*3P!ZU0L?%>@ZD\B6>J03-%&9'"DY"CJ:H>!K]-8\$VGG!9#$A M@D5AD';P,_ABO._A>H/C9E(&/(E&/RJ8T$U.^\1RK-.-MF>HV/B[P_J=VEI9 MZK!-/)]Q%)RW?C-+<>*]"M-6&ESZE$EV6"^6<\$]`3C`/XUY9I2)'\70B*J* MNH2`*HP!]ZK6LW6CIX_SJ>@7,=R;E-X6[!1\D;7QM[C!QFM7AH\UE?:_0S6( MERWTWL>PT5ROBSQS#X8NHK/^SY[NXF3>@4A5QG'7DD_A6#9?%O.H1V^I:,]K M&[`%Q(24SW(('%<\9F16/??&"UC$0L=,DF)4&0R2;0K$D45 MR$_Q!MT\(0Z_!8R2F6<0&W+X*OSGG'/3]:Q)OBW<6V//\.30[NGF2E<_FM$< M/5EL@=>FMV>E53U75;31=.EO[Z7RX8AD^I/8`=R:K^'-9_X2#0[?4_(\CSMW M[O=NQ@D=?PKB?';2^(?&NE^%T=E@7$DV/4Y)/X*/UI4Z7-/EETW'.I:'-'KL M1Q:GXR\>2N^E/_9&EAB!+G!;_@0Y)^F!45OX-ANYEBA^(!EO6.`J29)/_?>: MV->\:_\`"*ZW:^'['3(C`J1J"7(V@G&``*Y)K:"T^,,<-O$D4:WZ;408`R`: M[8N6TOQP^M>++GPW=:;%Y!:6+?O)W!<]01W`JGX-B_ MX1KQ[JWAP$_9YT$T&3T`Y'Z,1_P&L:D.:+YE:2U]4:PERR7*[Q>GHP^+NK"' M3+72HW&ZXD\R0#^ZO3]3^E<>=9O/^$)_X1__`(1^81`^;]JP_P![.[=C&.G' M7I78>(OAYJ_B'Q/+J,U]:K:NZA8_FW+&,#'3&>*]`:WB>V-L5'E%-FW_`&<8 MQ5*M3ITXQ6O4ETIU)R;TZ'F7P@U+']HZ6S=0)XQ^C?\`LM9'PO\`^1X/_7&7 M^8KH_#'P\U;P[XCBU`7MJ]NN]&0;MS(01Z=>A_"I_!_@#4?#OB(ZE6-V[!SQTQGFCQ%\/]2UCQ?\`VS!=VR0[XFV/NW?+ MC/0>U-5J?M$[_9L)TI\C5NHGB_QM>6?B./1=%LH);X;4\^5O%%&=&'*TUMKW"K"K/F5AOQ< M_P"/;1?]Q_Y+2^(+:WB^#VFM'!&C-Y+$JH!).*O!FL^)M.TN.2[LTN M;1&$S`,$8G&-O'M5O5O"-[?^`[/P_'<0+<0",-(V=AV]<<9K.-2"A!7V9Q+A-J,7'1;GIEM;0V=M';6\:QPQ*%1%'``KSNX M86GQNA>;A9X@$)]XR!^HKM/#=CJ6G:/';:M>_;;I68M-N)R">.3[5S?Q(\/W M5W#;:]I88WNG'<0@^8H#G(]2#S]":Y:+2J.+>]U1Y7H`,9S[>E=?M8P2C+=)HYO9RFW*.S=SC?"O_)7 M)_\`KXN?_9JZ/(N?C6#%R+:S(D([?+_]D*H:EIVF>!O$,WB*;5A<7OI=='A_0DA-XJ>;<3W`)2!.,<#J3D56UV]\1:/X7N;BY MO+4W*SQ+'-;Q$90L`05;//)KC5)NWF=;J)7\CK:*S-0\1Z/I5PMO?7\4,K*& MVG)P/4XZ#W-9&I^)DTKQC#!>7Z0Z:]@90"N0S[L`@@9/%*-.4N@W.*ZG545F MS^(-)M]/AU"2^C^RSG$4BY8/]`.3T-96K>(?.&AW&CWJ/;7FH+#(R`'BL3Q;K%SH>C"\M%C:3SXXR)`2,,V#4E[XJT+3;B6WO-3A MAEA($B$G*Y&1D4*$FKI#^)-'T[R?M5_$GGIY MD>W+;E_O<`\>_2J5EXML[SQ->:,'C7[.BE'W']X<$MVXQBFJ>)@/)7QA/Y/3&7 MSCZ;J[K3=6L=7A:6PN!,B-M8[2N#C/0@5'\ZWC45E)K71?<82@]8IZ:F!/>V.F:GXNCU:1(Y+N M-6@$G6:/RR`%]>>,"J^F7<&AZSHCZU,MN8]"VMYO7._A?KCM77:S_P`?^G_] M=*DU'_D(0?0?SIJHK;;_`.5@<'??;_ASC-.O;K1](TVWDG_LBTU*\N)?M,L8 MS!&>44;N%+>]5=/>/[#IC1S&9/\`A)WVR'JXYP3]>M>A:W_QX?\``U_G42?= MC_Z^C0JMU>P.EK:YE?$8X\+9]+J'_P!#%9\J1/JGCC5_P"NIY_?33:38:+J-NI+:EH_ M]G\?\]"H\L_J?RJU=V:Z/XH%I/JRZ5;/I<=O!-)$C(X7ADRW`/?WKM)/^/6R M_P!]?Y5!XE_Y!R_]=!6BJW:5B'2LF[G'WBV7AFRM-2T77H9;NVLUB^SS@'[9 M"6)4*.H/H1Z5->S/-K'B>V0>3?7VF0F"`\.Y\MMP7U(Z5T-W_P`A72O]T5H3 M_P#(=MO^N34>TZM:_P#!#V9Q]M>66I7?@^#2G1Y[12TZQ]84$>&#>G/'-+H> MGZ5>?#NXBOYTLXIKJ3=<\`JWF_*23[@=:Z?1_P#D)ZC_`-=*=-_R`)_^!?SI M.IT7E^K_`%!0ZOS_`$*?@_5[S4X;V&[EAN_L<_E)>PKA+@8SGTR.AQQ71UGZ :'_R![?\`W?ZUH5A4: XML 9 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } EXCEL 10 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%\S8S!A.3%F.%]D.30U7S0Q-61?8C'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I% M>&-E;%=O#I.86UE/E)I5]!;&QI86YZ7T%'23$\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I7;W)K#I3='EL97-H965T($A2968],T0B M5V]R:W-H965T&-E M;"!84"!O3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%\S8S!A.3%F.%]D.30U7S0Q-61?8C'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^3W1H97(\ M5)E9VES=')A;G1.86UE/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$ M=&5X=#Y!3$Q)04Y:($953D13/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$3PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^4V5P(#$Y+`T*"0DR,#$R/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^075G M(#(Y+`T*"0DR,#$R/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5]. M97AT4&%R=%\S8S!A.3%F.%]D.30U7S0Q-61?8C'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R2DZ('P@06QL:6%N>B!!1TE#($=R;W=T:"!& M=6YD/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^06QL:6%N M>B!!1TE#($=R;W=T:"!&=6YD("AT:&4@XH"<1G5N9.*`G2D\'0M86QI9VXZ M8V5N=&5R.R!L:6YE+6AE:6=H=#IN;W)M86P[=&5X="UA=71O3HG8V%L:6)R:2'0M875T;W-P86-E.FYO M;F4G/CQF;VYT('-T>6QE/3-$)V9O;G0M2!03HG8V%L M:6)R:2'0M875T;W-P86-E.FYO;F4G/CQF;VYT('-T>6QE/3-$)V9O M;G0MB!!1TE#($=R;W=T:"!&=6YD+"!A('-E6QE/3-$)VUA'0M86QI M9VXZ8V5N=&5R.VQI;F4M:&5I9VAT.FYOF4Z,3`N,'!T.V9O;G0M9F%M M:6QY.B)4:6UE6QE/3-$)V9O;G0MF4Z,3`N,'!T.R!F;VYT+69A M;6EL>3HB5&EM97,@3F5W(%)O;6%N(BPB3HB5&EM97,@3F5W(%)O;6%N(BPB2!R96QA=&EN9R!T;R!T:&4@1G5N9"P@=&AE M('-U8G-E8W1I;VX@96YT:71L960@XH"<26YV97-T;65N="!/8FIE8W1I=F7B M@)T@=VEL;"!B92!R97-T871E9"!I;B!I=',@96YT:7)E='D@87,@9F]L;&]W M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M'0M875T;W-P86-E.FYO;F4G/CQF;VYT('-T>6QE/3-$)V9O;G0M M2!A'0^4VAA6]U'!E;G-E65A M'!E;G-E MB!!1TE#($=R;W=T:"!&=6YD/&)R/CPO'!E;G-E'0^17AA;7!L97,Z/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^/'`@8VQA6]U(&EN=F5S="`D,3`L,#`P(&EN('1H M92!N;W1E9"!C;&%S65A'!E;G-E($5X86UP;&4-"@T*#0H-"D%L;&EA M;GH@04=)0R!'&%M<&QE+"!7:71H M(%)E9&5M<'1I;VXL(#,@665A&%M<&QE+"!7:71H(%)E9&5M<'1I M;VXL(#4@665A&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$P(%EE M87)S/&)R/CPO=&@^#0H@("`@("`@("`@("`\+W1R/@T*("`@("`@("`@("`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`N,'!T.V9O;G0M9F%M M:6QY.B)4:6UE2!A M(&1I9F9E3HG8V%L:6)R:2'0^/'`@8VQA7!E.B!T97AT+VAT;6P[ M(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@ M/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E M>'0O:'1M;#L@8VAAB!!1TE#($=R;W=T M:"!&=6YD("A0'0^06QL:6%N>B!!1TE#($=R M;W=T:"!&=6YD("AT:&4@XH"<1G5N9.*`G2D\F4Z,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPG'0M86QI9VXZ8V5N=&5R.R!L:6YE+6AE:6=H=#IN;W)M M86P[=&5X="UA=71O3HG8V%L:6)R M:2'0M875T;W-P86-E.FYO;F4G/CQF;VYT('-T>6QE/3-$)V9O;G0M M2!03HG8V%L:6)R:2'0M875T;W-P86-E.FYO M;F4G/CQF;VYT('-T>6QE/3-$)V9O;G0MB!!1TE# M($=R;W=T:"!&=6YD+"!A('-E6QE/3-$)VUA'0M86QI9VXZ8V5N=&5R.VQI;F4M:&5I9VAT.FYO MF4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UE6QE/3-$ M)V9O;G0MF4Z,3`N,'!T.R!F;VYT+69A;6EL>3HB5&EM97,@3F5W(%)O;6%N(BPB M6QE/3-$)V9O M;G0M6QE/3-$)V9O M;G0M'0M875T;W-P86-E.FYO;F4G M/CQF;VYT('-T>6QE/3-$)V9O;G0M2!A'0^4VAA6]U6]U('!A>2!E86-H('EE M87(@87,@82!P97)C96YT86=E(&]F('1H92!V86QU92!O9B!Y;W5R(&EN=F5S M=&UE;G0I("`F;F)S<#L\&%M<&QE2&5A M9&EN9SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^17AA;7!L97,Z M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$'!E;G-E($5X86UP;&4L($YA&%M<&QE3F%R&%M<&QE&%M<&QE'!E;G-E2!B92!H:6=H97(@ M;W(@;&]W97(L('1H92!%>&%M<&QE6]U'0^5VET:&EN('1H92!&=6YD(%-U;6UA6QE/3-$)V9O;G0M'0M875T;W-P86-E.B!N;VYE)SX\9F]N="!S='EL93TS1"=F;VYT M+7-I>F4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UE2!A;'-O(&EN=F5S="!U<"!T;SPO9F]N=#X\9F]N="!S M='EL93TS1"=F;VYT+7-I>F4Z,3(N,'!T.V9O;G0M9F%M:6QY.B)4:6UE2!A;'-O(&EN=F5S="!A('-I9VYI9FEC86YT('!E M2!I;F-L=61I;F<@=&AE(#(U+30U(&AI9VAE2`H87,@2!L;V]K(&9O2!F;W(@9W)O=W1H(&EN(')E=F5N=64L(&-A'!A;F1I;F<@;6%R:V5T(&]R M(&5X<&%N9&EN9R!M87)K970@2!U=&EL:7IE(&9O"!F=71U65A M2!D;R!S;R!A="!A;GD@=&EM92X\+V9O;G0^/"]P/B`@ M/'`@8VQA2!R96QA=&EN9R!T;R!T:&4@1G5N9"P@ M=&AE('-U8G-E8W1I;VX@96YT:71L960@XH"<4')I;F-I<&%L(%)I6QE/3-$)V9O;G0M'0M875T M;W-P86-E.B!N;VYE)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z,3`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`N,'!T.V9O;G0M9F%M:6QY.B)4:6UE2!A(&1I9F9E6QE/3-$)V9O;G0MF4Z,3`N,'!T.R!F;VYT+69A;6EL M>3HB5&EM97,@3F5W(%)O;6%N(BPB6QE/3-$;6%R9VEN+71O M<#HP:6X[;6%R9VEN+7)I9VAT.C!I;CMM87)G:6XM;&5F=#HP:6X[;6%R9VEN M+6)O='1O;3HQ,"XP<'0[;&EN92UH96EG:'0Z,3$U)3MF;VYT+7-I>F4Z,3$N M,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPG6UB;VP\+W1D/@T*("`@("`@("`\=&0@ M8VQA'!E M;G-E'!E;G-E'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@,2!996%R/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L95EE87(P,SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X M86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@-2!996%R&%M<&QE665A&%M<&QE665A6UB;VP\+W1D M/@T*("`@("`@("`\=&0@8VQA'!E;G-E'!E;G-E'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO M;BP@,2!996%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@,R!9 M96%R&%M<&QE665A&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$P(%EE87)S/"]T M9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'0^4$=&05@\'!E;G-E'!E;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@ M,R!996%R&%M<&QE665A&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$P(%EE87)S M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\ M+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'!E;G-E&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL M(#$@665A&%M<&QE665A&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#4@665A'!E;G-E17AA;7!L M95EE87(P-3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@,3`@665A'!E;G-E17AA;7!L95EE M87(Q,#PO=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\S8S!A.3%F M.%]D.30U7S0Q-61?8C'0O:'1M;#L@8VAAB!!1TE#($=R;W=T:"!&=6YD/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^06QL:6%N>B!!1TE#($=R M;W=T:"!&=6YD/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^ M/'`@8VQA6QE/3-$)V9O;G0MF4Z,3`N,'!T M.R!F;VYT+69A;6EL>3HB5&EM97,@3F5W(%)O;6%N(BPB6QE M/3-$)VUA'0M86QI9VXZ8V5N=&5R.VQI;F4M:&5I9VAT.FYOF4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UEF4Z,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPG3HG M8V%L:6)R:2'0M875T;W-P86-E.FYO;F4G/CQF;VYT('-T>6QE/3-$ M)V9O;G0MF4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UE M*`G2!W:6QL(&)E(')E2!A6QE/3-$;6%R9VEN+71O<#HP:6X[ M;6%R9VEN+7)I9VAT.C!I;CMM87)G:6XM;&5F=#HP:6X[;6%R9VEN+6)O='1O M;3HQ,"XP<'0[;&EN92UH96EG:'0Z,3$U)3MF;VYT+7-I>F4Z,3$N,'!T.V9O M;G0M9F%M:6QY.B=C86QI8G)I)RPG2!I;B!C97)T86EN(&-I&EM=6T@0T130R!I65A65A'!E;G-E65A'!E;G-EB!!1TE#($=R;W=T:"!&=6YD M/&)R/CPO'!E M;G-E&%M<&QE&%M M<&QE'!E;G-E M&%M<&QE65A2!B92!H:6=H97(@;W(@;&]W97(L('1H92!%>&%M<&QE6]UB!!1TE#($=R;W=T:"!&=6YD#0H-"BA54T0@)"D\8G(^/"]S M=')O;F<^/"]T:#X-"B`@("`@("`@("`@("`@/'1H(&-L87-S/3-$=&@^17AP M96YS92!%>&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$@665A'!E;G-E($5X86UP M;&4L(%=I=&@@4F5D96UP=&EO;BP@,R!996%R'!E;G-E($5X86UP;&4L(%=I=&@@ M4F5D96UP=&EO;BP@-2!996%R'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO M;BP@,3`@665A'!E;G-E M($5X86UP;&4L($YO(%)E9&5M<'1I;VXL(#$@665A'!E;G-E($5X86UP;&4L($YO M(%)E9&5M<'1I;VXL(#,@665A&%M<&QE+"!.;R!2961E;7!T:6]N M+"`U(%EE87)S/&)R/CPO=&@^#0H@("`@("`@("`@("`@(#QT:"!C;&%S'0^5VET:&EN('1H92!&=6YD(%-U M;6UA6QE/3-$)V9O;G0M'0M875T;W-P86-E.B!N;VYE)SX\9F]N="!S='EL M93TS1"=F;VYT+7-I>F4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UE2!A;'-O(&EN=F5S="!U<"!T;R`R,"4@ M;V8@:71S(&%S2!A;'-O(&EN=F5S="!A('-I9VYI9FEC86YT('!E2`H87,@ M2!L;V]K(&9O2!F;W(@ M9W)O=W1H(&EN(')E=F5N=64L(&-A'!A;F1I;F<@;6%R:V5T(&]R(&5X<&%N9&EN9R!M M87)K970@2!U=&EL:7IE(&9O M"!F=71U2!I;B!D97)I=F%T:79E(&EN6QE/3-$)V9O;G0M'0M875T M;W-P86-E.B!N;VYE)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z,3`N,'!T M.V9O;G0M9F%M:6QY.B)4:6UE2!T:&4@86QL;V-A=&EO;B!D971E2!S96-U2!R96%C="!M;W)E('-T2!M M87D@9&5F875L="!O;B!O8FQI9V%T:6]N2!I;B!E;65R9VEN M9R!M87)K971S+"!A;F0@;F]N+54N4RX@2!L;W=E2!T:&4@1F5D97)A;"!$97!O6QE/3-$;6%R M9VEN+71O<#HP:6X[;6%R9VEN+7)I9VAT.C!I;CMM87)G:6XM;&5F=#HP:6X[ M;6%R9VEN+6)O='1O;3HQ,"XP<'0[;&EN92UH96EG:'0Z,3$U)3MF;VYT+7-I M>F4Z,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPG2!R96QA=&EN9R!T;R!T:&4@1G5N M9"P@=&AE(&9O;&QO=VEN9R!W:6QL(&)E(&EN'0^/'`@8VQA6QE/3-$)V9O;G0M2!H879E(&%C:&EE=F5D('1H92!P97)F;W)M M86YC92!R97-U;'1S('-H;W=N(&)E;&]W('5N9&5R(&ET6QE/3-$;6%R9VEN+71O<#HP:6X[;6%R9VEN+7)I9VAT.C!I M;CMM87)G:6XM;&5F=#HP:6X[;6%R9VEN+6)O='1O;3HQ,"XP<'0[;&EN92UH M96EG:'0Z,3$U)3MF;VYT+7-I>F4Z,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI M8G)I)RPG'0M86QI9VXZ8V5N=&5R M.R!L:6YE+6AE:6=H=#IN;W)M86P[=&5X="UA=71O3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%\S M8S!A.3%F.%]D.30U7S0Q-61?8C'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^075G(#(Y+`T*"0DR,#$R/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%SB!! M1TE#($=R;W=T:"!&=6YD/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^ M#0H@("`@("`@(#PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0M86QI9VXZ8V5N=&5R.R!L:6YE+6AE:6=H=#IN;W)M86P[=&5X="UA=71O M'0M875T M;W-P86-E.FYO;F4G/CQF;VYT('-T>6QE/3-$)V9O;G0M6QE/3-$)VUA'0M86QI9VXZ8V5N M=&5R.VQI;F4M:&5I9VAT.FYOF4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4 M:6UEB!&=6YDF4Z,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPG M3HB5&EM97,@3F5W(%)O;6%N(BPB'0M86QI9VXZ8V5N=&5R.R!L:6YE+6AE:6=H=#IN;W)M86P[=&5X M="UA=71OB!!1TE#($=R M;W=T:"!&=6YD("AT:&4@XH"<1G5N9.*`G2D\+V9O;G0^/"]B/CPO<#X@(#QP M(&-L87-S/3-$37-O3F]R;6%L('-T>6QE/3-$)V9O;G0M'0M875T;W-P86-E.FYO;F4G/CQF;VYT('-T>6QE/3-$ M)V9O;G0M6QE/3-$)V9O;G0M'0M875T;W-P86-E.B!N;VYE)SX\9F]N="!S='EL93TS1"=F;VYT+7-I M>F4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UEF4Z,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPGF4Z,3`N,'!T.V9O;G0M9F%M:6QY.B)4:6UE M'!E M;G-E(&5X86UP;&5S(&9O'!E;G-E2!F'!E;G-E'!E;G-E65A&%M<&QE+"!(96%D:6YG/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&@^&%M<&QE6QE/3-$;6%R9VEN M+71O<#HP:6X[;6%R9VEN+7)I9VAT.C!I;CMM87)G:6XM;&5F=#HP:6X[;6%R M9VEN+6)O='1O;3HQ,"XP<'0[;&EN92UH96EG:'0Z,3$U)3MF;VYT+7-I>F4Z M,3$N,'!T.V9O;G0M9F%M:6QY.B=C86QI8G)I)RPG6QE/3-$)V9O;G0M3H@(E1I;65S($YE=R!2;VUA;B(L(G-E6]U6]U2!R96QA=&EN9R!T;R!T:&4@1G5N9"P@=&AE('-U8G-E8W1I M;VX@96YT:71L960@XH"<4')I;F-I<&%L($EN=F5S=&UE;G0@4W1R871E9VEE M<^*`G2!W:6QL(&)E(')E2!A4YA'1";&]C:SPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@8VQA6QE/3-$)V9O;G0M2!I;B!E M<75I='D@2!O;F4@;F]N+54N4RX@8V]U;G1R>2!OB!!1TE#($=R M;W=T:"!&=6YDXH"=('1O(.*`G$%L;&EA;GH@4D--($9O8W5S960@1W)O=W1H M($9U;F3B@)T@:6X@8V]N;F5C=&EO;B!W:71H(&$@8VAA;F=E(&EN('1H92!& M=6YDXH"9&AI8FET('1H92!G7II;F<@2!S96-UF4@9F]R96EG;B!C=7)R96YC M>2!E>&-H86YG92!C;VYT2!T:6UE+CPO9F]N=#X\+W`^("`\<"!C;&%S'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'`@8VQA6QE/3-$)V9O;G0M6EE;&0@86YD('1O=&%L(')E='5R;B!W:6QL(&)E M(&%F9F5C=&5D(&)Y('1H92!A;&QO8V%T:6]N(&1E=&5R;6EN871I;VYS+"!I M;G9E2!D969A=6QT M(&]N(&]B;&EG871I;VYS*3L@/&(^1&5R:79A=&EV97,@4FES:SPO8CX@*&1E M2!A;F0@=F%L=6%T:6]N*3L@/&(^ M3&5V97)A9VEN9R!2:7-K/"]B/B`H:6YS=')U;65N=',@86YD('1R86YS86-T M:6]N2!G86EN2!C875S92!D96QA>2!I;B!D:7-P;W-I=&EO;B!O M2!2:7-K/"]B/B`H;F]N+54N4RX@2!B92!M;W)E('9O;&%T:6QE+"!S;6%L;&5R+"!L97-S M(&QI<75I9"P@;&5S2!O;B!A;B!I;G9E2!O=&AE2X\+V9O;G0^/"]P M/B`@/'`@8VQA'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'`@ M8VQA3HG8V%L:6)R:26QE M/3-$)V9O;G0M2!H879E(&%C:&EE=F5D M('1H92!P97)F;W)M86YC92!R97-U;'1S('-H;W=N(&)E;&]W('5N9&5R(&ET M6QE/3-$;6%R9VEN+71O<#HP:6X[;6%R M9VEN+7)I9VAT.C!I;CMM87)G:6XM;&5F=#HP:6X[;6%R9VEN+6)O='1O;3HQ M,"XP<'0[;&EN92UH96EG:'0Z,3$U)3MF;VYT+7-I>F4Z,3$N,'!T.V9O;G0M M9F%M:6QY.B=C86QI8G)I)RPG'1";&]C:SPO=&0^#0H@("`@("`@(#QT9"!C M;&%S'0^/'`@8VQAB!!1TE#($=R;W=T M:"!&=6YD('P@0VQA6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'0^4$=7 M05@\&EM=6T@4V%L M97,@0VAA&EM=6U#=6UU;&%T:79E4V%L97-#:&%R9V5/ M=F5R3V9F97)I;F=0&EM M=6T@0V]N=&EN9V5N="!$969E'!E;G-E&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$@665A&%M<&QE665A'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP M=&EO;BP@,R!996%R&%M<&QE665A'!E;G-E($5X86UP;&4L(%=I M=&@@4F5D96UP=&EO;BP@,3`@665A'!E;G-E17AA;7!L95EE87(Q,#PO=&0^#0H@("`@("`@ M(#QT9"!C;&%S&%M<&QE+"!.;R!2961E;7!T:6]N+"`S(%EE87)S/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M<&QE+"!.;R!2961E;7!T:6]N+"`U(%EE87)S/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$=&@^'!E;G-E($5X86UP;&4L M($YO(%)E9&5M<'1I;VXL(#$P(%EE87)S/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$=&@^'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E'!E;G-E'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@,2!9 M96%R/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^&%M M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L95EE87(P,SPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO M;BP@-2!996%R&%M<&QE665A&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$P(%EE87)S/"]T9#X- M"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E;G-E($5X86UP;&4L($YO M(%)E9&5M<'1I;VXL(#$@665A&%M<&QE3F]2961E;7!T:6]N665A&%M<&QE3F]2961E;7!T:6]N665A&%M M<&QE3F]2961E;7!T:6]N665A&%M<&QE+"!.;R!2961E;7!T:6]N+"`Q,"!996%R&%M<&QE3F]2 M961E;7!T:6]N665AB!!1TE#($=R;W=T:"!&=6YD('P@0VQA6UB;VP\+W1D/@T*("`@("`@("`\=&0@8VQA'0^4$=70U@\&EM=6T@4V%L97,@0VAA&EM=6U#=6UU;&%T:79E M4V%L97-#:&%R9V5/=F5R3V9F97)I;F=0&EM=6T@0V]N=&EN9V5N M="!$969E'!E;G-E&%M<&QE+"!7:71H M(%)E9&5M<'1I;VXL(#$@665A&%M<&QE665A&%M<&QE M+"!7:71H(%)E9&5M<'1I;VXL(#4@665A'!E;G-E17AA;7!L95EE87(P-3PO=&0^#0H@("`@ M("`@(#QT9"!C;&%S&%M<&QE665A&%M<&QE+"!.;R!2961E;7!T:6]N+"`Q(%EE87(\+W1D/@T*("`@ M("`@("`\=&0@8VQA'!E;G-E17AA;7!L94YO4F5D96UP M=&EO;EEE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP M;&4L($YO(%)E9&5M<'1I;VXL(#,@665A'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P M,SPO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E;G-E($5X86UP;&4L($YO(%)E M9&5M<'1I;VXL(#4@665A'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(P-3PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'!E;G-E17AA;7!L94YO4F5D96UP=&EO;EEE87(Q,#PO=&0^#0H@("`@("`@ M(#QT9"!C;&%S6UB;VP\+W1D/@T* M("`@("`@("`\=&0@8VQA&EM=6U$969E'!E;G-E'!E;G-E17AA;7!L95EE87(P,3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'!E M;G-E($5X86UP;&4L(%=I=&@@4F5D96UP=&EO;BP@,R!996%R&%M<&QE665A&%M<&QE+"!7:71H(%)E9&5M<'1I;VXL(#$P(%EE87)S M/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&@^'!E;G-E($5X86UP M;&4L($YO(%)E9&5M<'1I;VXL(#$@665A&%M<&QE3F]2961E;7!T:6]N665A&%M<&QE3F]2961E;7!T:6]N665A&%M<&QE3F]2961E;7!T:6]N665A'!E;G-E17AA;7!L M94YO4F5D96UP=&EO;EEE87(Q,#PO=&0^#0H@("`@("`@(#QT9"!C;&%SF5R;R!F;W(@2!O;B!S:&%R97,@&UL/@T*+2TM+2TM/5].97AT4&%R=%\S G8S!A.3%F.%]D.30U7S0Q-61?8C XML 11 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Allianz AGIC Growth Fund (Prospectus Summary): | Allianz AGIC Growth Fund
Allianz AGIC Growth Fund (the “Fund”)

ALLIANZ FUNDS

Supplement Dated September 19, 2012

to the Statutory Prospectus for Institutional Class, Class P, Administrative Class and Class D Shares

of Allianz AGIC Growth Fund, a series of Allianz Funds

Dated August 29, 2012

Disclosure Relating to the Allianz AGIC Growth Fund (the “Fund”)

Within the Fund Summary relating to the Fund, the subsection entitled “Investment Objective” will be restated in its entirety as follows:

The Fund seeks capital appreciation.

The fee tables and expense examples for the Fund under “Fees and Expenses of the Fund” will be revised in their entirety as follows:

 

Shareholder fees (fees paid directly from your investment): None  
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  
Annual Fund Operating Expenses Allianz AGIC Growth Fund
Management Fees
Distribution and/or Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Institutional
0.75% none 0.01% 0.76%
Class P
0.85% none 0.01% 0.86%
Administrative
0.75% 0.25% 0.01% 1.01%
Class D
0.85% 0.25% 0.01% 1.11%
Examples:

The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples assume that you invest $10,000 in the noted class of shares for the time periods indicated, your investment has a 5% return each year, and the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, the Examples show what your costs would be based on these assumptions.

Expense Example Allianz AGIC Growth Fund (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
Institutional
78 243 422 942
Class P
88 274 477 1,061
Administrative
103 322 558 1,236
Class D
113 353 612 1,352
Within the Fund Summary relating to the Fund, the subsection entitled “Principal Investment Strategies” will be restated in its entirety as follows:  

The Fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest up to 20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). At times, depending on market and other conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. Effective September 24, 2012, the Fund changed its name from “Allianz AGIC Growth Fund” to “Allianz RCM Focused Growth Fund” in connection with a change in the Fund’s investment strategy. The portfolio managers are constrained to only including the 25-45 highest conviction large cap growth stocks covered by the research team. The portfolio managers believe the securities in the Fund exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investment: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.

 

Within the Fund Summary relating to the Fund, the subsection entitled “Principal Risks” will be restated in its entirety as follows:  

The Fund’s net asset value, yield and total return will be affected by the allocation determinations, investment decisions and techniques of the Fund’s management, factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers, and factors influencing the U.S. or global economies and securities markets or relevant industries or sectors within them ( Management Risk, Issuer Risk, Market Risk ). Equity securities may react more strongly to changes in an issuer’s financial condition or prospects than other securities of the same issuer ( Equity Securities Risk ). Focusing on a limited number of issuers, sectors, industries, or geographic regions increases risk and volatility ( Focused Investment Risk ). Other principal risks include: Credit Risk (an issuer or counterparty may default on obligations); Derivatives Risk (derivative instruments are complex, have different characteristics than their underlying assets and are subject to additional risks, including leverage, liquidity and valuation); Leveraging Risk (instruments and transactions that constitute leverage magnify gains or losses and increase volatility); Liquidity Risk (the lack of an active market for investments may cause delay in disposition or force a sale below fair value); Non-U.S. Investment Risk, Emerging Markets Risk, Currency Risk (non-U.S. securities markets and issuers may be more volatile, smaller, less liquid, less transparent and subject to less oversight, particularly in emerging markets, and non-U.S. securities values may also fluctuate with currency exchange rates); and Turnover Risk (high levels of portfolio turnover increase transaction costs and taxes and may lower investment performance). Please see “Summary of Principal Risks” in the Fund’s statutory prospectus for a more detailed description of the Fund’s risks. It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

 

Within the Fund Summary relating to the Fund, the following will be inserted as the penultimate sentence of the first paragraph under “Performance Information”:  

Prior to September 24, 2012, the Fund was managed by a different sub-adviser pursuant to a different investment strategy and would not necessarily have achieved the performance results shown below under its current investment strategy.

 

Please retain this Supplement for future reference.

 

XML 12 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Allianz AGIC Growth Fund (Second Summary Prospectus) | Allianz AGIC Growth Fund
Allianz AGIC Growth Fund

ALLIANZ FUNDS

Supplement Dated September 19, 2012

to the Statutory Prospectus for Class A, B, C and R Shares

of Allianz AGIC Growth Fund, a series of Allianz Funds

Dated August 29, 2012

Disclosure Relating to the Allianz AGIC Growth Fund (the “Fund”)

Within the Fund Summary relating to the Fund, the subsection entitled “Investment Objective” will be restated in its entirety as follows:

The Fund seeks capital appreciation.

The fee tables and expense examples for the Fund under “Fees and Expenses of the Fund” will be revised in their entirety as follows:

 

Shareholder fees (fees paid directly from your investment):  
Shareholder Fees Allianz AGIC Growth Fund
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
Maximum Contingent Deferred Sales Charge (CDSC) (Load) (as a percentage of the lower of original purchase price or Nav)
Class A
5.50% 1.00% [1]
Class B
none 5.00% [1]
Class C
none 1.00% [1]
Class R
none none [1]
[1] For Class A shares, the CDSC is imposed only in certain circumstances where shares are purchased without a front-end sales charge at the time of purchase. For Class B shares, the maximum CDSC is imposed on shares redeemed in the first year, with CDSCs decreasing over time to zero for shares held longer. For Class C shares, the CDSC is imposed only on shares redeemed in the first year.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  
Annual Fund Operating Expenses Allianz AGIC Growth Fund
Management Fees
Distribution and/or Service (12b-1) Fees
Other Expenses
Total Annual Fund Operating Expenses
Class A
0.85% 0.25% 0.01% 1.11%
Class B
0.85% 1.00% 0.01% 1.86%
Class C
0.85% 1.00% 0.01% 1.86%
Class R
0.85% 0.50% 0.01% 1.36%
Examples:

The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples assume that you invest $10,000 in the noted class of shares for the time periods indicated, your investment has a 5% return each year, and the Fund’s operating expenses remain the same. The Examples also assume conversion of Class B shares to Class A shares after seven years. Although your actual costs may be higher or lower, the Examples show what your costs would be based on these assumptions.

Expense Example Allianz AGIC Growth Fund (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
Class A
657 883 1,128 1,827
Class B
689 885 1,206 1,892
Class C
289 585 1,006 2,180
Class R
138 431 745 1,635
Expense Example, No Redemption Allianz AGIC Growth Fund (USD $)
Expense Example, No Redemption, 1 Year
Expense Example, No Redemption, 3 Years
Expense Example, No Redemption, 5 Years
Expense Example, No Redemption, 10 Years
Class A
657 883 1,128 1,827
Class B
189 585 1,006 1,892
Class C
189 585 1,006 2,180
Class R
138 431 745 1,635
Within the Fund Summary relating to the Fund, the subsection entitled “Principal Investment Strategies” will be restated in its entirety as follows:  

The Fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest up to 20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). At times, depending on market and other conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. Effective September 24, 2012, the Fund changed its name from “Allianz AGIC Growth Fund” to “Allianz RCM Focused Growth Fund” in connection with a change in the Fund’s investment strategy. The portfolio managers are constrained to only including the 25-45 highest conviction large cap growth stocks covered by the research team. The portfolio managers believe the securities in the Fund exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investment: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.

 

Within the Fund Summary relating to the Fund, the subsection entitled “Principal Risks” will be restated in its entirety as follows:  

The Fund’s net asset value, yield and total return will be affected by the allocation determinations, investment decisions and techniques of the Fund’s management, factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers, and factors influencing the U.S. or global economies and securities markets or relevant industries or sectors within them ( Management Risk, Issuer Risk, Market Risk ). Equity securities may react more strongly to changes in an issuer’s financial condition or prospects than other securities of the same issuer ( Equity Securities Risk ). Focusing on a limited number of issuers, sectors, industries, or geographic regions increases risk and volatility ( Focused Investment Risk ). Other principal risks include: Credit Risk (an issuer or counterparty may default on obligations); Derivatives Risk (derivative instruments are complex, have different characteristics than their underlying assets and are subject to additional risks, including leverage, liquidity and valuation); Leveraging Risk (instruments and transactions that constitute leverage magnify gains or losses and increase volatility); Liquidity Risk (the lack of an active market for investments may cause delay in disposition or force a sale below fair value); Non-U.S. Investment Risk, Emerging Markets Risk, Currency Risk (non-U.S. securities markets and issuers may be more volatile, smaller, less liquid, less transparent and subject to less oversight, particularly in emerging markets, and non-U.S. securities values may also fluctuate with currency exchange rates); and Turnover Risk (high levels of portfolio turnover increase transaction costs and taxes and may lower investment performance). Please see “Summary of Principal Risks” in the Fund’s statutory prospectus for a more detailed description of the Fund’s risks. It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

 

Within the Fund Summary relating to the Fund, the following will be inserted as the penultimate sentence of the first paragraph under “Performance Information”:  

Prior to September 24, 2012, the Fund was managed by a different sub-adviser pursuant to a different investment strategy and would not necessarily have achieved the performance results shown below under its current investment strategy.

 

Please retain this Supplement for future reference.

 

XML 13 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 14 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Sep. 19, 2012
Registrant Name dei_EntityRegistrantName ALLIANZ FUNDS
Central Index Key dei_EntityCentralIndexKey 0000867297
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Sep. 19, 2012
Document Effective Date dei_DocumentEffectiveDate Sep. 19, 2012
Prospectus Date rr_ProspectusDate Aug. 29, 2012
ZIP 15 0001104659-12-067812-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-12-067812-xbrl.zip M4$L#!!0````(`.9K14%`H7I2RA<``$W?```9`!P`8VLP,#`P.#8W,CDW+3(P M,3(P.3$Y+GAM;%54"0`#7QEO4%\9;U!U>`L``00E#@``!#D!``#M75MSV[B2 M?M^J_0]8G9VI9$LW2I8OLN-3CIUD4R>WLC-[9OW; MW0`O$B6'LL7XQIF:B42!0*/[Z^X/(-@Y^NOUU&.70FD9^*]J3K-=8\)W@Z'T MQZ]JD6YP[4I9^^OQO__;T7\T&NS-V;N3<_;9]Z0OV/O&1Q$J>NTV[T&"9G571T4XS;9B>>!RJ"I!J5IH2[%L&E[NAXHCX%Q M?/VJEE$/7FX&:@SS;G=;TFJW9EKVH>OO-S3'GU'[<7-Y':YMO0^=HZ2HQ5:H MN*]'@9KR$)01WX[-AVD/V;M[+?-CW%2IQ69:N,UQ<-E2"@W8;K0[C[_ MD/ZET&&@-+D-0JY]X!S4`$R,'>'`?4V3/!EBS MS<+Y3+RJ:3F=>2!,RW08^3)D-]2#^>(JEP?,_C?^IO=P`_%M;D_#BVGYEJMN-O$8\+-,IS;;_!=#O'*2`K% M2&=BH;,8O*?O_U8[3G5WU$IOBSMN+?1\-!-*!L-T'!!#A6<0TXY1[PV`MW-P MU$JO)@V%/\PUBZ_%0V4Z/VI9_>25=8$"M_<.]IRIF`Z$^G:*WSO.;N_`7'A` MZD,-B3&:-KD`EXQ?]\7US).N##^2U&PHH9W)8A`K^A_$F'MO2*Z3:ZDW"1C' M68?HI_HR`QVU5HZ_D8!*];^H0,^$&T;Z8L*5./6XUG<3-+5C,4$!9PNZ?518 MW:VP^B2PNOL,L-JKL/HDL-I[!ECM5EA]$ECM/AFLGG[]\^NW+SBM'&J7+SP- MU,:KF?=^LN".+]T-'*3$1AE8OE=G>P087A]O]YX2GWSZ/_;VCT]G%V:,59TL#W$*?2CNO?>'XOIO8G[S M&%DO6]M%.L()W#S$#MYZ?'QSSR/N:6$Z7;@KKW,ZZH%N>&N59WO(]_]F-((L M("_%[0=8Z,*,L)!@BO:\W^A`S[E;DQ[Q3(TY4O/?@N/!G(5.-XG5QR?FI``[ M>??^E+U3P54X86\C?\A>@"^PW_^RW^FT#_$"?70.7Y)<.0%LQEB((-%LY@GR M(9#LM1>XWV\OYN]>>#AC+N;F5[6/.OB$0=FK,>[),80^%T;!S*/#N0?)8@3# M-+3\(?J.TVS/PD.Z,.)3Z^'4Z[& MTF^$P:Q_0/W8"W26I]^6_B&S5P9!&`93NF2O>&(49K_;%DV<,/2$:FB0]'TC M_"'#LS6-B:"^?9J?;16%@`+N"KCJB]KOX_`0U3&(/^#D[,R-W)GIMTELEIU_ M[2ND#,T^B2MV'DRY7ZO7:,XU3MMW4P;6BD,&`;.BY"',**:LS2$@\$5G7Z4\!.D(>XQ6FS4S1_L2YV= M#*?2IZ2-6<1>YQ"-S:>*6UWGLZ MI$R\YO/@'V;]9*W)KJ3GL8&`CG5(G@RCRE!3'TJ$<\8QJWI><*7[&SMS>?;> M:?9N8>].-PN3C4W.RK7YU]C86HCOFKE\)D-@,'PV4\*5M*YN/B`3/#670_6/ MA&`A'WC"<$)Q/1.^%O`GQW/XAE\F/@G_"95$2&'O>6/N(8H2-\T[VZ74QM>@ MB51;];9-.*!^5/LI MGU'8N_761Z8_1(!F+^C_,RZ';`AV<4-OSD8JF+)Y$"DFDW#ZLL\^`289V"29 M$>W>K)8PF<#G&;ZY!6$\!LN=IW#B^Q'$"L)ETGN*Q1(C3@-G-F>#N MA,T%5X@[SN`^I"Y\+&+P7G(OHB_+$\_->-V4DCG;ZV^,*]UY5\WVH_LT^LK. MUPS]B2NS^"MQT^P1N6*A4+I:!CLD*QA<8Y,Q\`W`4B@@?@Z1R$R$-R-,NL%T MAC\B]-Q`AX@\`SK$"D1+38OS;&B%F`J$-;Y!Y^X(\($#FT8ANL<(EXI-MBB, MUM%4I'YA[F;_Z;3K8&P;HB'S(SD6BX8RA=I%+U9:]A M$W*SWF^0`.AMS<3_ZI0ZLNG"V3N$D1)/3OQ7B2FW,FD^%?@Z8S@)HO'$#,9= MFJC1Q11<'++-!,P&.@!9(:\(9>AB,G\]":[8E9V]LG=>!9$WQ'N3]T;A'DB$ MI"SR:[V.BJSPQ[S'I:$<-V+$>'[G>+!5POQ%2=^5,U!DACI;4:70M^'.^12Q M./.<1GYAF*KX^6WX.0`*W%>*2T%&S[AY$"^RV&#.C*A`(-*P-%,2IBCI&A/_ MC"1`!:`8*1G:O:T_FA=-$PU]O$(Q#F[Y+L)X62!_T(*`6H/O>H)3T&(#P"0N M%%@B+48![ND@CFS1#$3/.>]-VNK<1EMLHR%N99!.^S>*]R%%<4%&0`PT2'T9 MC;X81"'\P*8!)1?N,P=NA<;]A!@=4HK0=384$!@ITD'8L2TQ])LT!0X^ ME&36>AK)ENW'F99C7XX@R8`^%SG;HBJ@)4*/^1$=9(#?!Y$&+X(1)DF;+'F\NNK11V?'[.EE9'-!EV.!&F'-6W$#6\'T;M,DIN!6!96)_DCXS+JEM5#5^,0M4"(%9`B*X#ZI3 MAI-`Y]@.-$2T)/#)0UTO(H-A]YU>8Z=G$JI&$_N7T@CC0<@2Z)ML;.36(41L M6,0'EP00"`1X/V0*R/:0]$/!IVME&0B/P@IEJ13%V?0FKB=R($.Z,*8*#23/ M="!]B@MH;!C)!\%U+-(,.`QD)N[5&2#7PZCS@B.C&'F@4H-B5('4V"[%"K(F MCEH$%+XDM/(0U&1P@BL$LS6Q;C:!`O69<.<%P7*'3=AGI8=$O+\WC13R'I^C\BAKD-0MNVL.S*S7)AYM=YXJ.N-A,_X M2!:1W9E]N3J;2P'+=-HZ"#!MV6V%&!^.AMQPRF3)&VA+K6.B`B,EN.SB9?9T`9( MOII(-Q,CC60D8LS$["8'IB5DOX#9F(DF)&D$4P/7H:T0RZFQ?<)I9O;,B)$* MP`\@NF'U3E0$A,?-/#+M&@:G>B%<9`RZN7>.M*=MC=E96O(NT?7X* MQ/_M`HDS3P*+`?.F2YC$3E:#]8QBZV0;$8P5GP&*8.)C`C)`!W1`VV=8*PV- M=1E@/#8D.!4P7GQDMGWR$M(99ES$V]B,?6H+3P@*26>GP%)DKH,7B:Y16%HE M"C6#A>3<9&LQXI$7XNR#@2?'QD%?'J;=GB6D(*>^%^L(`RUN<"ONNLXF0(93 MJI=CW&17\U2*'G!Y4 M3FJ([XD_P1W`YX%$Q!L/'VW0,9=/ M8TZ[/(-5&R1QO"+5V'!M=X\I;%@M@2%I1P$WD3T,H\:L]@M9!??O?;.GD0$) M_1Y0R4-(IW6&>)=N!*MFNPFVN'EBH_`J24DQ.MT4@?B,V0#L3OL!>2:/M`_] M!SM,M/D5TB2*DU,.+AH)01[%LG0Y&\9W),C)@-#NFA,T^;6%&(I(&^[9Y`H) MB]YV@54<1)(O'O6D17+0)J:+,/8:\K=JHT,G9R%GBVA,I@7DKAK1M<&9[>(^-:45\&BBP%8_=BO;U M*$R/T6@^"0,Q`9#Q+%<_JPE^PO]?#8B(+ MH(`5/N"`:VHQ$S[D2#E%M]=XV`XA$.\E205K8@@PG%C`XBF-S.Q8YKTSZUOY MQ=+/%9.^@Y+^7BVE'MI2Z@MM8@'2BFUK7_%X94.AAV?H$B2U!A_B\1V@@)'2 M$3<[;-DV*_:=S784/57%*.<+%S*BV10E/F:?)`TMO%.4PAH?H&X>T_J6(1A( MXXK?I+N5(S[+.'>C$][X!M4I9#APY^I%JD=VLME2*(4,![,,T(C,:SS(@D6$!XA_`PT]L0L MPC>S`L/ZS=36E'RF_3T`,P![IW8,4&SO]2AVKALO$>@,7YN2`WJS"@C1A7FJ MXW0&3LD"MMLD8-'QTV.6N`*(SR.6*9]CCD"N'F[Y&&*IIMS-'K]:)<0=4+50 MX^>GHNS_>E1M)N"O1]6&\I6(J@U-62:J%JJO;%05EL1Q?HHJ\ZH$KO-S[RS0QLZ6EH!#>6F. M02(1-]_CY0,^`_#XG-9(AS73`IK^*_M7\MSX]XNT5.")5D[\,QYR(V.N^A%3 MP153ZMNZ4ESF0)4;LO^BEL!*ORT5.DI:9-<0WW+CN($737U[Q'6>Z=;^ M_Q5KLH6JM3HSITRMKLGRA)$-OBS+L=#KK9.C=((/3WJ(,!SOK9'#:=X7#:DJ5EV&_ M/#@4%:&SMU,:'(K*L+.W5QH=TO"PF@RM$F*M;VXE/A21H;O>-[<2 M'XK(T.NM=8RMQ(="MNAT=TL%1)['K!#"*1<0163H]LI-&$5DV'7*31B%;-'M M;9PQ\('GN1@*\Y[&,QBOJKN&1QPVY:.+#`7ZRQMG#@ M]NL#%I&F>JQ5U0=\5-:IZ@,^SX)D/ZL/2`DE-=A)G;VNLU,ZH'%>5?^KJO]5 M]JJJ_STM,E%5_WMDIE68KRK,5Q7FJPKS587YJL)\56&^ MJC!?59BO*LSWP%<_)17F*V=!]&P*\U5+J:HP7U68[S$5YJO>8'IHAXZKPGP/ MKC!?-ZT]]_<22MOU,I7S7F^_^]V,]*?;[_X@Z?[+N_.?%.:[EM-H>AI-(X\" MV06L$372D;'`>C.?,=W`;9#;7+&A:7Y:X*;7:]M:11L(L2SZF7U4LTW!Y?!5 M30Z_C8(@Q#-3WQQH4*0*U,)TB@A6JAUZ1>W0;C\L._1NL(-3`%8/S`Z[C]4. MNS?8H?/X_.'@L=KAX`8[=#>>SD9V6#H#7J0"1%'Z6GX%B"7ADY)BG6=<4NQ& M@VZK6F%A!G!?U0J+"W@_U0J+RU=VM<+"DA2H5GA'5!7G,_>$JL(".O=3!7H# M0E@RJHIKJO1ZO<79V3VAJK"`]X2J#>AMR:@JKJG2456<:]X3JHH+V+L75&U` MUDM&56%)G.Y/477'>KT/AUJOK]?[G,GU+ZW7FV=F*^H.]M96)MU*_<4B,NSO MEUM_L8@,CM,IMR)G(2'V.^NLL9V*G'E6M0(1^P>E(J*(#/LVYY6%B"(R0#!; M5QYU.X@H),3^07E%G%B4CHH@,0)_+140A8SC[[5(1D6T7T-'\F`6%^Q4T-3_FMA%7D#'= M"^**R+::Q)2/N$)Z6TUNRD?<'6AP^8@K1`OO"7&WI\WE(^X.=+I\Q-V!9I>/ MN-O3[_(1=WM:7C[B;D_7RP?<'6C\K0#WF`E]=AX5N2]H8H,)3_K?^_'1GP_P MA5W3I7`^`VM!6RI%5[-74?>O:AE370^4UPS4&,S3[AK38,,:=;[<_4+72N@@ M4JZ(N_;X0'AXJ'SA=&3Q8>,;X9ZI![WY8Q#?;_QQ43M^&]>T9W$E-_/"Q.G9 MQ2F^O"6GL\#463.O]+E"T9%L5RHWFF+]%*P8T&$+XB-%!Y\%O@*(1Z$HE=4QP)+6"3%\/#=/'LGOC*LENK/&=&FYE35"A%C M"12854R3(JGVY2%3,8_>)\1;-<8+?.>/WDK&=P!)A#!@/X0*3#T;T]T$7\?W M`G\L5%:JTY\KK(A(S:/6`A(6X`%@7$`&O>D?J-CX$X4QZ"_YD[,+N-G@&)H] M\-E:B=$3M2@,5VX\$GS\"1!MBQ:^@]_(`-*,H(+I;>2TT@0YWPC44*A7-:?9 M7I[,K33JW$VCG4>BT`L``00E#@`` M!#D!``#=6-]SVD80?N],_X>+^I+,^"2=!.+'F&:HB3N>,2$#3>NWS'%:PXVE M._5.,KA_?>\4%$1J&7C`L0L/(/AV]_MV5]J5SM^OTP3=@])$$5 MEF4$E\G40QA7T2\4F"`Q>OOYCXMW?41\+_0"GP2HTP]:?>*C3^,:NG1_R1-` M,\C1U:B/HN@V[L:M#NZTYA2W.K2->V$KPMUV'#("+.J25LW!,,O0GU]3TT>A MZYLWZ89G*'*)VXE\XD;M=AB=(=)R_3I+F3THOECFZ"U[AP+?;^.29#UW9^A* M,!<-D\2DS$"U29H&=0^QN_&45(DS!1)ZX-12M)ZKQ)5J8;3[H5F73P8=X)DU\CN]#AE# M.@?E(!OO\_1J1Q9-$D[%/US<@\ZETF575C$\:^$=%\0[O3;R'-H>"[+1QFC" MBJ1L$7L%V-$(ZQQ$#'&ETD8Y*:F2DB&52+9#)+%-+-5NMC<\RD[5P-R%O/>4 MLN%]\VGS[V-3U:!;5D"I+Q\AKTA,S(5TJ#7DNO*9T#DD`Z&(-%S+-I#"U)X?U\@'XYV(<',FX&?]+M*T](9Y#FEE?ZMDVCAE-S'EX_-. MJAC4P/$C-S#W/IGB4O'\8>`$#BJT820S&XTF#EJ!W=3-3=(/DO>TMN:95%/8 M?LT*#Y]B6\7AJZ[I,5.OIOE55[GQ`KX5V'KA1=TSLZS*`Y:"FMX77M!C]#:O M%%N][?]1?9L7DIK>%U[?IZ4>N,5LY48OO+Q[UXA#%J":W&.K>^Y]]_3$/@[\ M]CC-'/P+4$L#!!0````(`.9K14&^?;QH+18``!KW`0`=`!P`8VLP,#`P.#8W M,CDW+3(P,3(P.3$Y7V1E9BYX;6Q55`D``U\9;U!?&6]0=7@+``$$)0X```0Y M`0``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`A>MNCMF6]MMG8$8?QO MCQYZ>'NV_#H(_S>;3(WY-+;[8*[/HV_[,?IM['\:5R@P+?O*#,R_/X?"1N]+ M],Q@.I_JUVASC[PS+7K=G[BI3^XM6J'--OIAUCVN"F\2-$JQ(Q,_FIMMM*N&6_'KBWT1T[#<2VH;VY=P MZJ-'UUXA[WX_5^C!W-F!S[GG8/':L$UB&,F? MIK-Z[P16\/+!B?>&:(VI#"_?E[^.Q?26)4%F>KL_ACJ>::]?G$,W>LIR@O[* MVO1?9?KQ`P(5>@R_PEON[E$O?&NX-,0`E%&0^`4"%5ZY&]-R>IO77T,953./ MBE0R@:*W?V=)/7-/-Z/J_L=<6=?D\5=EP[];CA7]HJ+XY('"Z#E`S@JM$I6C M;Q+R4_YU'UYZ8[O+`P7L*%[F>L>LE)[W-UZL%_=^X)G+(/E"V[Q']MLSBDQ? MK%J?/=??HF6P\^-#=$:GW*>5M`G,9]=Q-Q;R]]-KY_=W?F]MFMMHELW[3C@A MXK^MD!7-M7DOW,OVP<,?PW_Z.[%:REC)/RV>+3^C,U,:=`Q7KS]2HLI7![_@ MAC7\B-:FO?]5$%#-?0JBXUX!(H:''S7VJXF/E)>VZ?L$T.AB@O7#KR-BE?_X MNSYX(5YXAYJ%BWCR-:_K.>>!9/_,@^=NJ(ON%I_>U9N`$-QF?: MUK-<+[3SVS/C3-OYH0IN[$B:T7OBS>IBZ3I!N&>\MU'TDPHW/+2._D/8&(EG MFO28*4ML-%KF6H5'KP^*1R]H=/GC17IHG"MS>JC)C$N-C&%7">V66PWQ:`P9 M[419VZ.A'*Z;J7&TSRKTY18/:RBC>5C;232X_)J=&A2OK2!./'?AFS+[3_YC M4;`?.G&E=J*\DACP&>\L@@#\,PHU"_V;U949%"&?D9/ MHK45C0UR&$\@S[0_."CW_&[U0+9&3D]H4 M.6VQ+;A/BTW:8A'^CE?1;_EWVUP3;)#Y7%+L,UIBS+E/?A";0IRI%QW/B_>$ M0S%)+4!6%AN"^XP'88CW#P_A2<]Z0@Q+9.0D-T5&6VR+D0A;5`G4$.`F?"XA MS`0M,;QC+GC?]`_CZ\?%W(O)O0Y%T57 M0NJ8?_68>E-SC:@774Q\J"LA>6L/&7.?*AH=6H4HZP@FRLH8R+'Q2+Y32>.C M*ER2&AN7Q>H]<=66#P9\.%/Y#9T])\I_CE#Y#=TY9TN;WU`QN4$_ MZ>0&O;/)#7JGDAOTCB0WZ-U,;M"[F-R@UYS<0+]+D/Z$>I_B8)OA>J+YB#+Y M*!;!S*4P#BY/(9`O@[D,:)..;#FLBU`6DK]0Q6G[`YE1E9&B@/IWD>9Q9I(D M!"T3D.X/:G?AF>U=^%5?"V>[N*!5UNJ2$N-.5Q!69NI93Q"3$ MG*+I*^#Z0$R.4U7`/YE>-$.>$&VIYWI">C.0E,86$9)X4V+!#Z*29^L7ZN3/ M"4B(=TY'#"_PVIYHQC/5BV0E!KUX>@O)^BYW4B\\H\L\K0_T2R#5Q>0,EX.4 M9SK3Y"0%NF@:EPCBB<$\J7*S<%;9$C[4VZSI8,%E[;KAU.C9,P@_Y1L)N!6'%MB+F^R18E:0HV&.2BI%U0I ME7^A\B\:T5#E7ZC\"^'Y%XS%D)&$P3J!=3L)`SX75502!E`^JJ`D#+X,5/F3 M,+B/V?)8A2<)8R*C>8Y-PIA"N$0J"6,P928&JB2,XY,PIIPQ,1!'LU0YWH;9 M78JS62"GW$WE;BIW4[F;W7`WF0LBP^%D95AVV^'DYE-;YW!RYP+)8[<"AY,[ M0U5RAY./39#**FR'T^#GT-OCNX5:AS0BT/:UY@2AO@*BJB:-WO8M2T:T=Z M,M&'!B?2![*R(WV@+$8:Y&#YW?2C$G-ZU!:D#Y3%2',SQ$*0GI9`>MHFI*=Y MI/FN2(/P1GR]*9N\(T5ABVA"BBI25)&BBA15U`VJJ'@I+.2)#.95UR[S1`94 M#27A/)$!54])"$]D0%55JIDG,J#**(GFB;C]KS;Q1/5>FE,\$3]/!!*B.CF> M"/C.^>&IY;_(]`8Z-?*:D0)`FWG&HBJ;N/1U)]S6@?B0"_%AFQ`?IA$'9G8( MZHVY$!^W"?%Q&G$YV)R4>I&#PT8\DFH-XI&R&'%%Z#1"Z!@#1>@T0^B$2"M" MIQ%")T1:$3J-$#HATJTA=#ZYMVB%-K%B,I`[:7VXB![R`XKT4:2/(GT4Z=-% MTJ=HB6000"R'K=L$$'P_,5$$$%`M!T$$$%!%A]H)(*`2#J()(.XB#FTB@$": M5"@":##EOTZG"*#*!-",L\HYB$.:E#>%*TB1:!`OAQ2ODR*C'$WE:"I'4SF: MW7`T"Q="AF_)2C'HMF\)5*JA`=\2J&R#(-\2J'A#S;[E$*I:@UC?LL1UZO;X MEL.:.PPIWY+7MYS5G!*D?$LRRGS)LR"^9;9?!IR/N7A"GKE&"\?9F3:YN\'K M!"F45/ZF\C>5OZG\S8;\34%XX57Y&IG^SD,DM"A"C>M&Q(PN)EB_Q4.`O#OS M&?DW3KK^C4\\;#"EH;2-RO68-BJI=?:IIN(B')MW871DR$PG[7)T9`AU05%X M=*1$.2EY[$:-C@RAKBS6'AT!NJ,H.CK"?4NQ3=$1H'XQ1]F*6-Y>4'UCZ`$,UI$M&AGS((0'")5^)&B`V3-3:J`JYP4H+@ER$>/DXI)\ MB6KUQB6SKE$\2-S0]`H%IF5'44C!X49Z#]57!B<;OS@I@BZWS3[9@B=\9^ZV**0`V-!,44I'$],4?,(%WLS!!4QMO7F21\1,OT#F2O+6>?A M)8A(B#!!2PPR-\5?ZS*QVV[W[N==Z(F^"[_J:^%*01*7#6BVQAATX#9]\5'Y MT;5#=:+&:)=F_.+\]*;)R09]@:H8<^XR!6(PSS7PHJ).EY00=[JR&/EZ;_0? M65",NI93Q"3$G*)I4A5T4/.A^]@*;J87S9`G1%OJN9Z0W@PDI;%%ZJTG7W[! M#_4/T/J%.OES`A+BG=,1PPN\MB>:\4SU(EF)02^>WMRQ4'$G]<(SNLS3^D"_ M!%)=!N>'9SK3Y"0%NF@:ZS7[0I7+SBR<5?:>(G5V\SPCH2UXU,9V`7:74AKR M_"08XA):@Z$Q-D2]^VSI8,&E[?KAU"@9,\@_)9L)N!5/+&&(:2=R;(K4G1?_ M=+^\;.Y=.V,RF8&@(@8_>41CZY@EY"]]'03;?M%!2MGVQ4%F,/'"8 M-YV0$.4C(._)6B+=N-=9EN!_4D++\"N?6(I]^5PT%1(\(B_A"XH,0Q64T`Y4 M73'L]38VJAJ6+T2\)6`7XUSO`?)(^D/VYI8E:8YL8\L)]++?KL:65=`^:&H) MO'2WJZEE%;0/&EK*L6*WI*%E!;0/FUGRK=L@=0/QV.+,2Z/I:H'J^JZZOJNN M[ZKKNS)?WY7S6J3.I$JZ?"VR1!Y!RZY%ZE!W:(1.QK MD2520]IS+5*'Z;1-.3\7(B!>(P.\GJ@M$8FXUJ@M$ MQ:$#^@4BG;/-!DBR1<85_]ZCL?&LBXPBE-0+JI3*OU#Y%XUHJ/(O5/Z%\/P+ MQF+(2,)@43'=3L(`ZFG50!(&4&,K04D84+VLZD["`&I9)3H)@_N^:IN2,$#X M4Y6$,9BHKEN-)&$`Q\2NS6=KL]M<[C8[.XY+Q(6JH]C1&D77QVX>'I`7.LF? M/6M)**!;\G&@2]/%Q[+RPQ!5C*&J]:Y0J)Z'5I5LQ_>PY);C&X0L!0>&)0H. M#.'6MO(%!X:9]4TOT89!"-+C$DB/VX3T.(\T2-+D=X4F)9">M`GI21YI;G]5 M"-+S$DC/VX3T/(\TGTL#$H;/96;!!>)SJE!"\05R*ABO@O$J&*^"\=T(QC,7 M1$8XGN4>=#L<#]10L8%P/%!S14'A>*`6B[6'XX%Z*HH-QQM0715%AN/K+JRK MPO'\X7C5L$Y\.'X*W;"NG?4QN8Y;7&4R1]#UTKI9)I/70.6K98ZA2ZZUL5HF MKSF813/'DMS]:T'13%[,B^&&*[Y^6KS13/%&#?%&,\4;-<0;S11OU!!O-).9 M-SJ\U@Q#&!WJ0&&+:$***E)4D:**%%74#:JH>"DLY(D,YGW-+O-$)7I^M8PG M,J"J30KAB0RHFI,U\T0&5)%)T3P1=PBG33Q1O;4%%4_$RQ/5W0)#\41DE($K M\K2KB0[[C,5LI#.#)H;:U4BG*N*I9CIS:&:G7 M@`[ALLYA7(/`(0.I"*.6BAOQ.;GNXJ"%,6TW%10VF,"S@R7%1?#L$B&^9 M[3X,YV,NGI!GKM'"<7:F3>X5^SI!"B65OZG\3>5O*G^S(7]3$%YX5;Y&IK_S M$`DMBE#CNA$QHXL)UF_Q$"#OSGQ&_HV3KI?I$P\;3&DH;:/RGE&SK'):9Y]J M*B["L7D71D?8N09=CHX,H0J:"(^.#*&*FPB)C@RA2IS4'AT!JFDB.CK"7=6D M3=$1H.[;1]F*D3BTO..$^=('')6\O_NO/<+$W0U`18PM< M_`1K_@[=S[O0$WT7?M77PI6")"X; MT&R-$]#GT/V_XZ/RHVN'ZD0=ER_-^,7YZ4V3DPWZ`E4QYO6>1$ICGNL,3$6= M+BDA[G1E,?+U7O\_LKP+=2VGB$F(.453##AWJ;]&ZNF87C1#GA!MJ>=Z0GHS MD)3&%N$.%@E:\$/]`[1^H4[^G("$>.=T3/IK#*#7]D0SGJE>)"LQZ`73.\2_ MWCYLE4[JA6=TF:?U@7X84@F<'Y[I3).3%.CB:5RO+U2Y/LW"664O-%)G-\\S M$MJ"1^W$+CJTNY32D.^M%T_G!HE8P;YIV0S`;?B MV!+U%F2L*47JSHM_NE]>-O>NG3$.X7/9S$!0$0,.DD5]>A4P==7"K:$*F'J) MUNI"D#Z9"I@Z=+.\DZF`J9?H9RM]G9\3DJYL6CL^X:W3PA M[^;A`7GA!O/9LY8$OJ[DX[+MH.5'@`T''"5^U?L*A>IY:%7);'P/RVLT/OVQ MR>H]$U4PF6.NXY-R1/E$FBY\'P79W.Y"22F-05,V07[$GT0I!OET\D^4^X.\ MIW!JZ,:]SK($_Y,26H9?^<12XYI/L^5IQ^`1>0DW5V08JJ"$=J#JBF&O]\!5 ME0(K1+PE8!?C+!6WR]>4"*X144E*,=-L2)]!+_L$]9@-AN":"E5!&S<."ATJ MX*6;H!ZS61!<@Z`J:(_3:,NQ8J?48S?^@6OV4P'M5$,?7;*2.M*DVB/:VBCN2(L<-H;CVT<(Q5?> M]*-7WIL^"O_R?U!+`P04````"`#F:T5!SB=(%U0K``"?NP(`'0`<`&-K,#`P M,#@V-S(Y-RTR,#$R,#DQ.5]L86(N>&UL550)``-?&6]07QEO4'5X"P`!!"4. M```$.0$``.6=;5/D.);OWV_$?@?=NF^Z(Z`@>::BNS"O39FPG!??37TFV,_T@R0_ZRS)S9UYT5:7\/SH^OR/+QY;\RW^\+N;D MA4:Q'P:_?IA\W/Y`:#`-9W[P^.N'9;SIQ5/?__`?O_W[O_WROS8WR?G97TYN MR74P]P-*+C:_TB3R7\G?IW1.(R^AY-:/OY-;FBRC@/S]\^TEN?2#[]^\F)*S M<+IX>;AWC=O<^_0V]\\WMT[V#S:G^U.)W1Z<#39*PBR^W&;_7]RM+M!#CY./AX>;$\^'NSO[QYLD,G>Q^UB+\/GM\A_?$K(3].? MR<[V]OZFZ&3QW&V0BV#ZD9S,Y^R4L:8Q.VDQC5[H[&.F-,]/'`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`0=G/`YU[FK'RF#V%$KVARG3S1Z/J9%W/\X/'\]9D&,>W%3).D M0W;:>5MC2'\8A*4V)@!,S68^GQ$QGC)E\E.X3&)_1DGX0.[#9/U+_'.5KC$Z MEO`N7Z;>"0NK[IOGQFFX>`X#&B1[0CD7[I442BV'V=#@7RT-%.TA_&NUS<%? MRQ-KE.P#*:EJC8$2N7]J2O8M4B+3!E*R#ZI=Y>LK\,,W%J_"6SNA"5(KDKDRVQ8T9("4[ MV!I-9G8^/PT)VEK/0IYVM&TA75F6KKN@2]J\G&0A;8<["\7L_9=P:):]RR`> M@:M]&F!,XG:'&9%22^]I/"J>&_/1B*NY&8O6EIV.1()Q-VD+.0.E4>B].U,= M@:3^V!]_=H>;$NV^OQG1+G9"M.MN/K0[DNF0XN'(>SH'Q6'H7\"=RD`$>WK5 MU9W]X4:B_?%ASP3`]6%AW1IH,IP*Y=`M>$.MM[7^-2A M/MQ:S]789+5&W&5DLE58'>XL#%(G'LZ=02K%;=R!U8J[&'M7(U*G>G%[04=C MDN6:<8=!R5Z9=<#S,$S=>$"'AJDN?(6 M-'[VIGPOEUX9519PF#`R3VKY4&P$P;TN:$[S2I,P4?,05Q>3G<[#F/WMGKXF MG]GAWWN%O5G4(0IM/:[AT70@!)EV1LPQ6ME93:XR2WBDXO6*R>Q?)A"JI+HC M`DOC=R-;DF.MX*6T8V>=[`2S'G8(+VQ>5YO[OV,I0W9&GB$[!AFR,U"&[-C, MD)VA,L3<"YL9K((ET%R$;S0.%EO!M@I1UHJ M.\R23K[7\J35T9!,Z6#)/%=R8X3?S?WDQ<0CSRN3?-^%U"S)[6+2:!@7*Q43 M8U>-TLTTJ<:2.FT2!)T&-F!'7,@AFCK/:HS*&D-@50N; M4XNNHUGIJ\U)R]V3%]&G<#ZC$4L&H=YO'B\7<@BOSK,:O++&$'C5PN;P%K3Y M2!9O9+N7[*"QB$^"67UV_BU.(F^:`&AIT!\-1*W.0P-;6@T+R+6PAR>1,*.D M5JY##%?+Y^>Y>#)A5NV5ZKCD3.U7G:=Z6PPW*ET`'RMIPK61'$"*_SJY45#1 MNN"O/@3,B*TB?P$5D^K^C/I_GC"5&5"L(@_1M3Y=^/.-[)G[#8W7O?%-^7-(UOQ<+P`9:ZF$>X]*-)B"5"@+4WF2CY M0\CV']R%T-LIPR7RYN)+B_^'OMD+=]V2H["K7"Z%O]K(&`.Y(&#G_E0V^U0F M$S;DP>)M8MF`J^C+;Q&+OYG'&GM[>,)?;F,==IH=X12-7)5S6$`3%'FG<+$?>^*&04@ITA7]C MUW3F$NE4&.\Z?WZ?>3-_.#Q M[FWQ+9Q;B77%PO"1EKJ8Q[GTHTF4)4+F,PZ.(\3?\'N[^79+OH7T^G'Q_!E*XI8-R?;[+_\W8#MS>V= MS9TC$>RNEH8EH=]YX)AT.[(O0WVL`)X@9B8)MYF^AL272N=F-X@P3,*`K$Q; MH%#U#C"2/W>O!W?UO9DY\Y>%N^E;YZPW4P\)C>Z]5];EX(S/>/UO2UXAY\[< M>7,:?Z6+;S0RI:JME>&YZN9_3E:[HTS8ZF(!0!(10E6?T?=`9[V=H;'J.LYR(%J>YP)6MUL M`"!+/TPNKG[U=[R-"O,K=]*OGD^.C[R:/;>T<,I92%Z$Y`T=W!1G?PY60:C^31[;UD3"EE(;K] M5H?5>[B+C>ZN^^CNZJ.[BXONKK7H[H*BNX>-[I[[Z.[IH[N'B^Z>M>CN@:*[ MCXWNOOOH[NNCNX^+[KZUZ.Z#HGN`C>Z!^^@>Z*-[@(ON@;7H'H"B>XB-[J'[ MZ![JHWN(B^ZAM>@>@J)[A(WND?OH'NFC>X2+[I&UZ!Z!HGN,C>ZQ^^@>ZZ-[ MC(ONL;7H'B.BR\P@:U6IG-/H%CV21)?_#(KN6@H=7:X,BBZR5I7*N8ZNKE;% M?\9%UU*MBBN#HHNL5:5RKJ.KJU7QGW'1M52KXLJ@Z")K5:FJ)KA:U<1:K6H"JE5-L+6J MB?M:U41?JYK@:E43:[6J":A6-<'6JB;N:U43?:UJ@JM53:S5JB:@6M4$6ZN: MN*]53?2UJ@FN5C6Q5JN:0&I5IYYZA^%^`5XI.HUQQ2])F+,6H$B7U,#!WB"9 M>M^O?5CJ:_&+VHH>]D(RG"\7@7++DYY4%D3=@EGS3L;FJA$*SXH@GE!A0+K9 MB?LNET`5L@A.+T3(==LU]T.UHNN45JF/$F!+[4#,2C3AV*YL2'=7'$7'B_#J MN]L:XA<:\8_K%;HL_RY.=XQURL.#W.QGCK*ZI0G,3:H`G%,3I(3U)R08RH7D M]HAI-CD*E-J>&0UC31)@^-J9`^QI>GYS>WYZ1`N6S9(!^*C0P\D6CSE%/.S,X MXL8OGQL8?C^(UUYH[RWD`G'82_((Q/N_5]_3HOF;@`:&WPWB];<+>PLY0!SW MQB(`<8.7'#M8=%6=>4]5&50UQD459DS5E\&K+D-76]Y#E<6TNC)D564,U93! MJBC.JB?OJFH"JY8XJ9*,JCHR?%5D\&K(NZB"&%<_!JUZC*+:,5R58_#JQKNH M:AA7,P:M8HRB>C%`H&(=B+(A M%BGTJA#9VYZQH0U8J,`9JO.-:9R5MNJE8WB%+8&I>)C0K@=-!86:DEC*AFUK0S9 M*`!AZSPJ+/8%%OT_$RGOMXV"S9CJ,FW++S:J+-ABBG*XV#8#X[,7G3YY47(2 MS&YH]!!&"X^=8_&1R+]2\4EX0T+:&!@9\PT'V``3UMQ!I](*0(I4$8E%9@`%`.J;UVI9UPBHOFBM:H:#`/Z] MZA4%&SD&IA25'D)?X+!9?! M)+K.V%#Z6.&BU@[`A$(360Y;F3`NB*V4T/>Q,F'W.#3=Q]8;(H&P>1^[,F)* MQ"WUXC"XH[QB0F>G2G7:&Y+TAHCMDU1_"8T$*/2*K+I&T3^89 M(1ZE?PDC8?HJ3*Z%[=E%D6QT+H;6T'#*JP M2Q["*(.4%Y\SV\0/R-JZ*9+BL2AX_E;1=(:8U+<*2J4V`&0D>LCYFI`WGJL) M%?0\K2KJ-NQ-\[-R(U3@[`X#-D>>7"=/ M-#I_?:9!3./K%QJ=Q#%-3">M+?0'9Z2USQDLC>T-J&FI;8[/VA`1EDANRIB< M'K6*L:&H5>+XH@05@@:Q,; M9&4$AL97/_`7R\5%\$+C9,&&DEOZSZ4?T5DZEJ"!:33G'J.69T0%5\/A2.1: MF;(#8F::K&V3W'AV%3(D]/S56SS#'C*J1%W1IO"NS%2ED3DY4D$<'YE\[P>- MY5Y^?N.E:,S>B%IEQPQ(_92"4&H)HT&B"D=B@WQ^$T\6C'=(E/8=M45BD_@X M2%%MDJAOC.8%ODVB!AEAJTK,>!Q(:!33R[PL*>NK"=V8A7U:Y5%P+5_PIVD) M)AJ\$%"-L^&ZP'+?L5M*-&@[YD2_O82V+8P52UM-5&@QWG!"VFG4NUM-XN/` M1/4NE[XQ&A3XNUVU<<5P4XIRK^'["C3+.Z:E<8^!IN8P8NSM-U!CQGC7@7+/ M;4Q1QC(Y:3,M04](;$]%H#,0]'J^1G7'0#2M[6MH#8/$VCJ_ZES$?+6?HN-V MKC&C6/G7UF,],_AKC+VU@+5!QGA%8*7GX?IYJIV11FK`-3D:K^7L2`[`T:,4 MM\%/2-;64$-/P0%[]66-E1'AU+[NK#S*"EC#U*-+=-DJ3TOQT[:GB@VF1I0X7:>0VD.M),^04\MR^EB< M:4+7O+8W,R+PM.MBVQYF!3@[:V?UL)DNJ%5[`_DX3K/\5K:\>SO;QY-CT;D60MWQ:!2U!L7O?O)4&H-VY%^Y&(\GLW"Z MY*]I>6*Z_YNFO[:'F]9,\4&FY8G!8)O#>&1-YS MG\CFYZ&2R!J?WD,B[Z$3>0^=R+`DM9*`0R>7O13Z_RD].J%O!^O:W1EB0BD3 MM=AE1%;*1$=4_Y!^T+6IN:S>X9!V-6H-Y-_)+HC M_4CO.%V2WA@-T75[5^U*-/;>D4O2R[>5)U+8SU4WQ4#^V>HQ.5)\H&;VD>V& MKN[:K3+OCN_ZO=OM^KUKY7E%4=H^[[MF]PE#>%($7M%=$/&F7Y=OEA\;\=5O MS3*`^C?X.LMI!-S1%NCZ\M6EDT)&NU>P1V':Y$UA5!2@_+U-2:F9.BD,2- MC2L#IDMJ;6T5,Z8]8MIN#F-C5QCKV\'@MH&![O_B?.,7[8XOL*U>[.SQ@MK; MQ=;"RS&MLFR[I-+&^DGKBR5QJR+!5_D17-T;KNK`J[FMJ[CQQ3L^HP\TBNB, M?_7O$7X-U\@["WJ3QQ4(5,T!4.BE<9!LD-P2R4R94L/^R[HF7@V[?K@*@XA. MEU'$]\._#DVGZ_0%^N\L_DP0BL8,]9SQV/B<5*EL?#V"S MHRTDH[/R5S0;"B$W0O>@M M__?/E`87P72^G-$9B-D>=IVQV_L<51CNK`-@N:=-)-/ECU^R^S]O1DK=6/U& M>$=(WA-CM%>?OP/?'\B$W<&I]+)*7ZTA`B^%*(X?^5?DA,F?C>\Q8%^QE`F. M`(E&%*`(H$)_'R;>G)P$P9+]1USIKEGXV7603=-RJ^:/QY`=3WB/+XN]5_6S M*Z&W_#')]4/A,W[P.V&]"6<4M_&\PK7N$`#IS?+(RZ:PQ@>[XO<6S7FBS\Q1 M-I)^#I.GKUZ-(<@>&J4A_*46R/<'$GM\4]' MD]2B.5EQDMTPT8XQI-\N80DG326(I22^+6-+5% M,F-]`6+X_>[Y[&)\'97VZEA?G\^8Q>N'>QHM_+1Z8\A4+XN#8V9P7C+R>B@8 MP-C;FCF?_&O3J6W^5?*2=1+R?TWM;Q#>`WY-+?3!'K;6*1TEE)T9M(K<`(09 MW(H@^R_ZOHRWEO'FH^<]%WJ_%=!'/F9W\J)U&H31XFKB@4HL-;7A`9?[D]-< M_M4$79D2@%,F2ZXV)R>]:R-_]1^?V$7^/Y=>Q":(\[=;FBRCX+)XLGH&5ZL\ M>*!;^)D%7=/2`(!&57,8,A-D98.D1C:(,&,P<-GL?/%-8VD_VY)\$>S5^!-?.Q.!L=_$\@[S-(0:TMY<0PF9?MB[#'W8&29WPX!PU>YG1HVYHP$R3J#DIJ04+XZ/%KL.& MQZ]>X#V*N1_/#-AMBUIV<'R;/,S@534S0%2MB-/*IF.\"H- M-TM1JHX#@-J6*8I6:`!P&Z<4!P##W4>^>J_^8KE8+S0"EKXTR@Y(:/1S18.R MI1$1#:J(VU5AHKAX2_>^.(P8-"=CH*.)"20)%N-O&./3Y6(Y%XO2[[PYC=-5 MJ1SL.5-=[.!X$[:R)ORDZ=:O!)F/2//O&NF@Y+Z!/!E5[9!36V,#]"B[VW!Y,?8 M!'*MCP-Q;:W"9(4[4\KR9?KV!\5VEEP1U^4\E+EKVM`!D,`[XTBS^+ M7.WF4(;Q].SN].=\G)0-B2PUR#S\P5]+9.-CY#_Z@36^9=(C>(N64Q-X-;Z@TI41@";#N"UEU1BQC+'4'.+J'`7U+ MJYMW](4&9][;O?=Z_L^E_\)Z%B3_\.G<=%>4EC:&I[J+[SFZ;8XQX;.]/@!" M;BQ[(+E!A#W"#/)WA\G:)!$V@8`)O5,/\F"[27T,4,G\5>-4;(T%J:YL#R%A M:X-DUN#PA//E(KCR%L83S18&QH-0S>LFBE8'V`"I(FZ?)6$0C=+-$_O!$D69 M]F@`*OG:P(YH:P&;@JYU8H0MI\_&GFQ2+VS0,A9*VM"!IF)H&@R6 MT-GI?W&GMJ(3?:F]_O8_=,J?OV&^,%&7&YQ5E4<9IM6?#0B52R'6__+ZD%@< MMS)A_-F)E=)-Y"^\Z`VU/DZCZR[T*A^K#%3;(6"0:YI3X4NIR*P94W%'V:F= MV>!"INR.#+6?53;J+1%TJ%1MC1HK>PA">*$'-`]6RSIE0^:A!(QB,Q`5=4ES M)%;Z)#/0>W*[VL`6_,D:C>[P'#3YF(.@:F="@EX3@$)M!V(<"YA"OUK6/0GR MTKZJ&9(#<#&_CH%Q!;_>953I7JL\`BA4Q7I-2R@:\/*\E`YAA7`SO0DI?L/A MBO[@6Z)_]L3[*.=QPN:OB?$^5NU,#,],!\]S>%H<8D)1:WD`3I4/9S!SV9=R MA47^,L3*)H0M>+6V4=TM48T5VX;6*([L56W+"!7WPNT_?9'WW`XIXR&D'1EX M(NR08%"7M=7/8F56W]FVI!8V-CJ9S7P^2?/FA76JAL@VRP_.;EN/,XB;FAO0 MW$[:'.N"G0VRME3:0P+!SXOGLQ_\N9^\(=Z'T$L[Y4;EJ829:E,0+W)9-"L% M*Y#7(!0>_$Z_W?D)3P+FO.E5LJ6-L?`C]UT/4OD8/%$R?9MH,7LQLT;+NGK?F[J-+;7P-#9U1Z8 MUH)Y4K!/"AW@#_2S+@#X_4J]>!G1DUAUA3#@T(6.T*LC/2N*\EZC'J9HD%[%'RH7JC0M@43 M`G^IHC336)D!('(=4+X)V'5T";VKJLBZ!$/J89V)4C,,#A)),`G,@MC#C>_I M<(FY*[KQXN0LI/%5R`M,/CN`?EFR*2NP4J,QX1*41L_KT"@/P0#4(`^&B5LC MW!QA]DAND*06`62)+?%/YV'L!X_XZ8I&INSF92:C1P;%#5\&,L^JROV/>!;)@&G-SH; MSOG1^JZ`2'H,D"2-OA6'`;R MZO>7,#J=>W%\YO-=C/BWLU@(+Q8+.O/9A&[^=A/1*>5K>-CA?FBZOGB8+CJG MW>:95R2*#9/`'+/7/2OIN>KN!DD[7/I@5_'I#?_(I>@T6?6:<"Y(H=]DU7&2 M]AR>X;9FO#(#X\FNMK/>^@$VR!YBYKLRAB((LX)6J>J<%?EZ6D4K(!7@U;42 M%`R7UE8[7'A-[/2)]96B+_4R`\[Q4'NM(*5^`!`:E;@5?DH??,K,H6"R^2Q) M:<`Y3%V>*BD.`,(TR/.E'";D4Z:T]V%R2^?TQ0N2^Y#=&N6[":,Y4IIQ3U/# M&5`QI3@,29;6A!V^PH3D-DD2BIOEW"P*N>N`BHG\]4->!;A["G\`7Y316W$. M7(/_"MX41P%QTUJP0AM_4IK>TX4/A>J,,(NB#;LS0:.Z<[KT^Q0TM`;29&G7 M@OJS+=/="ZH=MS65&M,,JNW$R<9\R>HTR?`3[]6^_BVFL:@5Q\D7.J.1-[\U M_[IW6R/.*=%[KT!&?A"0'YT!*U$P!);H#D%OI??:I]!14*E;+N25"4"A7-D!R@ MBX4U#,RKA=4N(ZXWAK?E5B^^J!23(%35HI/_@XD2H][^A7,G=/7E16E]#K`U5 MRCJ,O=S#&@#E9A`*9)+F*`C5K#YIN#9TU5-Q2PD+?J;F,.8E?VJA%K]"(EQ0 M0N9X[]NV6SJC"[$SXA.+[_)&AB&W]X)[&GKC=]JY#.;Q5$G)28CE#Z$*OQ@& M$_RH*8V@X<,E+G(9QE1\%Q$0P8*6DQC6?"E$=#(,9DXAB_\&GL[O$2Y:F#Q'4LFZ"K_&P&'Y),U,`E)(P M!$H62&K"#(?D(N`;(<[.Z#.[06,-W]@_)'ZR!-5%&BTX@J25WR5>M$<8H]-" M'4<17T8FK)&U.5*P9X)4N@%?@H-S#$02:&B?Y6*MW_@=6J M=V!UJ^!DK0P#+:EM4Y> MDRJZ":_8O(<0;1,AC(H[ZM*12U7'D59^25+2"$0#_ M=&25@MZ7UTH_,>^EJ$1=1U_^MHJ\$2[VX'=8Z@.`X?LLU>ZBWG;0Z#H'0?4. MA+(=$`?XFQ$2(LS?DJCT&EIO:=!V38>VVJ)MBZ/$3JVE2HIII>5.?([L\0U3 M9ZFI#0^"W)\\].5?38(M4S(/[T7P0N-DP;<6S2T8UUER(?B36YVPL\`W/L%5 M-P3@8.])KI0,XP>[N=1JR>@I/\D!_U?`)+)!W!DC>F\KG,@;`UC1"5OB9;TR MN&33E!YL%5>IZHP7?357T0I`B*6J;BYO7-F]?_*CY.W,>[OW7L__N?1?O#EC MZA\^G9N^":95'IR#%GYF+&A:&O#0J&K.1&J",!MB`[RU%2+,&!,B5#"U"86F M.RIDOE5Y*+9!D%#7@S(@Y(WK$I7>HLH2:EG7#*B*$JIF.!+@)0D)#.8EB7*G M;Y["`,M"IN@8@Y)?4@)$"UCP"VHVXB[DR=5R\:W_0XIRAZ$Q=QYN;:1A0;85 MW[X1Y=\7O0_Y7C3IZR"7Q3/5,[`*S<'CJ_4M"[.TC4&T-7KF01'Y(T=)NG`X1@T@?7)4DMCW:FP MDLRG_,\[DX/]W>8TKK=UE<#5GBA82;AW3:&TTZ[>F'WMG"#_PXD3\+'#BK]%VM-AM#5IF>7#?)M=9]5-.AVT3:>#X=+IL$,Z'8XFG0Y;!/[,<3HU]+'2 M;`SIU/NLNDFGP[;I=#A<.AUU2*>CT:33D3;PA9TLO-JSD8&32M_3:K,Q))7A MN7636D=M4^MHN-0Z[I!:QZ-)K>,68^JMXZ1JZ&.EV1B2JO=9=9-.QVW3Z7B8 M=#HXF.SNM$RG4ENGZ53HB3;P-P[3J44?*\UUQ\L[ MG1\ORXYP^7BYWI_.SS/O*`OC+'^62=:/-[M_E@/VD+FU6_+&CA\R#QZ4P1\U MJQ-'^JA9=4+2S,D\NF2'L[^SO[$_?/-BRO[R_P!02P,$%`````@`YFM%0;8< M`"GS%0``,Q$"`!T`'`!C:S`P,#`X-C`L``00E#@``!#D!``#M7=MRXS82?=^J_`/7>4FJH@MU ML^2:24ICSVRF=AQ/>9Q-]BE%2[#,,D6J2,J1]^L7H$2#(HD+95)HBD@>/+8: M8J,/"*#[`-WO?MDL'>,9^8'MN>_/S';WS$#NS)O;[N+]V3IH6<',ML]^^?F[ M?[S[9ZME?+SZU_36N'$=VT7&Y]8U"GU[8_PY0P[RK1`9MW;P9-RB<.V[QI\? M;K\87VSWZ=X*D''ES=9+Y(8_&>37N>'M!'IMTS`>PW!UT>G\_???;31?6'[+ MBY[0GGG+CM%JQ4^_]!%^R-SXX?>[RQ\O#+/;Z7=Z7;-GG%_T!A=FU_AZG9". MOOZ3[2#C&PJ-SU<7QFCT,!_/!^>M\\&]U1J<6\/6I#\8M<;#>7]FHMEH;`X2 M7S!=K8S_;$US8?3;7?R_.>[_9(S:9OM\U#7;H^&P/_K),`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`+?BF=[5N18]7,ITITW"J0:\/] MCX[VUD2K]J5C!4&.T=AB%>M''Y=KJ^S'K_HDI^*IOZ^;Y<_B+\+_S,S#^Z'2 MG41GA1_EAJW9H^V\3N$/OK=D3GB[)WHYLX_GX\W1^[/NL#WJGADKW_9\C/G[ ML]Z9L0ZP,EZT;[<<-?UA3*6D)\(Y*=&S(;R>24[`R9[&`VO7,;--=DGP>L;! M+#/C48S.`?:$,7V3GNQ/C?5%A#V=)J`!^/J(5@O2M^R4?`A.*G8T=_A)J?4E M^S'(]26K)AU'8]EQI,+D7Q'6#'LP\ROL1G%LGY(##T)*7XK&!"(:VVGU%BUL MTBLW_,U:YH&1+P86BWQU8RA&[2Y<*"YQOWW+^>S.T>;?Z(6)148..!@9?2D: M)D0TIOA=GI/W^9-C+7)02'T.UOHI/:G5>Q"M'D^BT0$DLD/GKPW[8F`QR%>7 M0M&'#,7'AP>\[;.?D0"+E!QX,%+Z4C0&5:!Q2%@FQ^`YGX,T=(Z>U,!#*0._ MZZ0CZD>*LXM)'\5!=AUAUQ%V'6'7$?9F1-@/#*\/Y#>X,`*#TN'U0;L/,.2I MP^LIC`"./AU>CZ`9@.X2B/`Z^T!0\A/FH:B]942J!?`I2ZH/U,,9"\#`G7Q` MOH_F7[8F8G8BZD&(_`!%DA7!6`1`&-!Q9C*!MA0D43S^6""]P4'\%5GD`B'O M$-:K"+R]6[Z>,4"3DB.4LN_">K5R4,2FH4WX`7_5$_=UR!.'9VJQSM3LBN-? MJ2/$E]9J>PPT/<196\VGMSC/*BEZ)`DU!HE-`_]CMZ%9#I,O# MM7\[B+D;8HB!A(&A*S5Y)6SYH2;_S?+)4'GFO1CB%C4`(D]MBDDE!.ZAF/QA MAX_T`J!HVBK2M@8X\3M`$1NJ76?8%S:+X<5K60.T>.HGL%*\-0Y)QIW%"W-Y MR0B`M'Q&2VI@U;['3C.9Q80G"]KL_`6DDI.ZQ2)*W%@2[*&]IV%L5%/UYI1H M)3.D67)@3)BZ\W3^"N8(EVD#$@T9Q2DRJ@^V40UE7@N! M.$@\!#I3*!2ON/&X$6TV67(@C<]2EEI=<6`O_8K*#?Y:V)ZC;\+\:@?]M>4_ MH3"Z@%``";E6($&14YWB4V[LM3#?=NEX`5ZQ"M)NV5;PL)!6/<:BUY8[SJ'L MC'2!/#]'Y:T8)Z:94OK8M#XV?10-];%I?6SZJ"N28&(4G)V6=A5AG/HL<'9: M.O`/\R!B(\Y.2P?\89PX;-+9:=@YB_39:8!35J&ST^=M4Y^=AGYV^EP8Y'\K M2,H8]\#I#AW'+DM'NKW5OMWFKW]O3<6^'D*'!P(6:H+,?!A9C743NX M*8P`CC[MX$;02'/$VL'5#NY!#J[H^KEV<`$XN*(0)-C+P=>6:RTB>IF$_6^> MD3\-`A2F=Y=<2;`;.J[6\7S7%X:0*H;@BF0=M>_7D=7<^3?D/]LS9/;N31$D M\BTA0R3?"PJ9=$J;BF(MX2/RXV[Q$&(*0@:$J32U/XS[,%S3U\WJ?(-+NVEE MKN67Y-\]1:OJ!%7*^#NY>J''O-S+ M8.U80IJRTY2=INPT97=ZE!U_6A3P==)WAV`P#07X.NE;-S"#WXW@ZZ1+-\&( M'KQM*7I2"MU77?%U=^#I1I`Z89]M,ODZT/P#+U^WOBOZ+++]K,F/?*2F8 MNSBFNO$$)S[C?7R;]Z5LWJ^7S?M)FRMFV'+4&TK9?%@OFP^3-H?!JB74(R^> MV.9$JD8V)^I2FVMB[43ZH+@T*0)N*& M\D$IF%'M!A!Q0_GB%S#"UTTBXD0Q`*A;>TW$U8.(&PNI7F">DYMMQ)4>#+2I&C?!EI8L&PM@!-LF7%3&DVI?5ONS;?%G1!*U]60"^K"@+>FU]V70Y&'4^ M[?09^=8";8M/YU=0V8TQKJ3V;[5_J_U;[=\>R;^MR%YT5KY&5K#V49ZU&$)' MURW79FRQBO6;/N#E]<[:H.#&3>:?"G+W*T)I5=J2=%F6@PIJG6ZE8K\EL9`+ MHC&G6G-FJ&O.0,&,$XW1-6?`1F-.K^9,E_0*X(#C`<78=U"8("8>YV^I\OM5 MEY=*L",CG1/NE-$NUIN&6@="'U3(+1FUUN:&0@530[P`J%I M7RQZ,*W2?(5"RW9(V+/B^":[,/1NQ.0)Z&BFCF;J:*:.9NIHIHYFZFBFBDT3 M>]D6!#%/-4_A\%3S%))-+_`DSY2C),6EW)GL#4':7Y$UM]U%UL`Y(B!MG*,G-;/TC9-29YKU:N5$!1OO MT";\@+_JB3O9Y(G#,[589VIVZ:,E%08&'ST'JT/J+UY:T8.S0YPE!\_X'&6I MU:4)[6JLGJD2R+0[6Q*DY=GJOKJ%\C[A,7+#,>=TAAA(JS-TI2:7OLMZE'1\ MED_&R#-B3?E2+6H`1)[:%!/I$ZT53?Q8_Q`M7I@O0$8`I,4S6E(#*Y[C8\UD MACM/%K39^4-<.MY'/;3W-(R-:D)PAV2&-$L.K*EY0]DLV3LZ.+O/ MU)VGKV8]&KIHK.6X]KW?G1Z_OM97GO.2EXLQ/B32XN@M&J6;6\)A<7P6A57:ZB*K0:6%P$HP6%8RZ\@[ZV7&L1 M[6=(L/[F&?G3($!A^C0P5Q+>3H&K;HQ:7W4P/'F8A)PE0?ZS/4-F[]X482'? M$B0V\NI3K,K=WQ4GC<)'Y,>\"@\:IB!())C:4L-+9]RKE+[@VKPVYN9;6OHV M_3&((OCU;@L20ME:MZ"X4/BU;@^Q]UZ=6\53>-WJW!YB[[T:MS!F[MK4N#W` MWOOU;>7F;V6I)6G_HD.SO6,GE-07KO6%:WWA6E^XAGSA&LQRP[S(.CC9V@@# M71L!"F;,:ZP#71M!#2+B:ZP#71NA-#:#L3_FXESMNG+7M*FEK_L-59](+JAE[T4GYA.*1CMJWAW`?CB M=<`@K7/BDJEB"K6Q]^ZP[17'XK?)_S^MW7E&6=$K4:`I2'0*Z`_F8G#CKDEB MDTMG7=?7)(]S31)C(ITS[QB8_&&'C[=HCI;1XT735I&V-<")WP&@][M_\P[% MB]>R!FCQU$]@!>..[.E>0E;M>^A+R(IO;I[B)>2NZLUI(R\A*\]HH"\A,RXA M*\]TH"\A@\F/$(\;T6:3)0?2^"QE$_D1U&[ZTZ^HW."OA>TY^H))3W%M^4\H M_.S.T:8`$G*M0((BISK%I]S8J\Z,(&+?V)D13,F"J\K.2*>X%%*&2LUAZ90B MC!/33"E];%H?FSZ*AOK8M#XV?=0523`Q"LY.GVHE\X&N9`X%,\[9:5W)7`DB M,F>G3Z^2N3X[#>OL=,V2937S['35Y90K#`)M[.5Z>;E>KITH/!M5)B)QPP4B MV29N'K#>V"G_ZMNSG"HE!9L#W?@5[XA\+KOCX'>U&UX'H2?7&#QVNU*Z,":(WJ MB=8HBY;(DX>*UJ0`6I-ZHC7)HE5U5E5E5$CFM+PZ,B2C"H,.XJH5#F0A*E[H8*@Z2W8] M"QW(`B*L=S!4G:FC3O4.9*W.-WBYS*OF[\3\W5CS=W#1RO!W8\W?P44KP]^- M-7\'%ZT,?S<^7?YN/R.)&N)N7P<&:\<2TI2=INPT9:#KI'.MP(AR-X>O*Q#K!;95UWQ=/?@Z<0%'8)YM,_DZ M438:L'Q=W>K/BG=QPAJT$]4$7=UJT!YJ\W[2YKH.[5%L/DS:'`:K5IM:M`?: M/%F/=J*)M6,3:[V>)M;@HI4FUC!:FE@#BU::6,-H:6(-+%II8@VCU1!B+9GJ M'P+)EM1'BG#+;Z#)-TV^:?)-DV^G3K[QIDLN$3>4+]\"@T*0)N*&0B<&>%2[ M`43<4#[3/HSP=9.(..GX(K"MO2;BZD+$UBQ/`*$$D8HPTD7AL(G&DB42X:&6(Q)$F$N&BE2$21W5SGQI-)(Y.ETB, M"SNJ2ZRY5UJ2P18R9#1!J`E"31!J@O#T"$+NI"C@!'L`69ER.$'I&L,P`^R- MX`2E"Q'#B*0WB1.4#G,!VZ5K3K`NG*`H72LPI[:9G*#H^G1M?=ET(79U/NWT M&?G6`DU==VTY^;7+=V.,*ZG]6^W?:O]6^[='\F\KLA>=E:^1%:Q]E&M7>NZ17``<<#RC&OH/"!+&`$W]+E=^O MNKQ4@AT9Z9QPGY-`#^)P?$L7TYLBVE4E):AU(#0OQE:[W/9-#(2.A41I;0.A MMW;PM'56KE!HV8ZZ0"C5A!'_S!/084\=]M1A3QWVU&%/'?;484\5NROVLBV( M=IYJ8OCAJ2:&)[M!X%F[B\0[=6IXH/'.$?!!=EB\LW[OCBC@.8*94D@'/*4" MGN(KF[7K(BO@.9+//J0#GM4'/$5GBW7`$T#`4\0&@\T&0Q>T*RM,1^QR/H?G M,^4H27&1)DVK#M+^BJRY[2ZR!LX1`6GC'#VIF:6=TU)GFO5JY2`RP]ZA3?@! M?]43=[+)$X=G:K'.L=DG\AO*"@.#CYZ#U2$%[R^MZ,'9(J8L.]/N;$F0EF>K2VTO?3+N&/F$F',Z0PRDU1FZ4I-+'_0X2@HGRR=C MY!FQIGRI%C4`(D]MBHET,*ZBB1_K'Z+%"_,%R`B`M'A&R]?PD^HY/M9,9KCS M9$&;G3/$,0+2I[NKV[ES]^RPA_:>AM2H`-PAF2'-D@-K:OY0+M<[.C@-T-2= MI^]Q,D>X3!N0:,@H'B-CJG:@$AK*O!8"<9!X"'2F4)2[XA8.(5PZ7H`'1\%( M0K85/!"D5:=8E)L1M*3C6G=^]/I^>UG>>TX*GIS/X0&1HR0UN?1EB$I2#S8P M":NIJSD"1BN=A!6C5;/RY$U.PFK6M_9F`Y.P8K2@<,R%=]#7UL9>KI>7Z^7: MB?:6T8D&X@$LT,TS\F\>L-YXP?WJV[,<=K-@%RM<-4U@LK2,"F:H*98]73?XYZPCI@*FM_ M'6)O6M\+.VF*I_`<]80UO536\3K$WL.DO6',W`GUQ/6Y5-;D.L#>B;I;)K"S M3/6M`UGT8`VG[F,/UAQ?W[J/;\5DK\XCJ'6@OG4>WXK)7EU'4&M%?>LZOA&3 M_3J.].-H"```XE$` M`!D`'`!C:S`P,#`X-C'-D550)``-?&6]07QEO4'5X M"P`!!"4.```$.0$``.U<6V^C2A)^7VG_0Z^?9J1@P-?82N;(N8TLY28G<\Z< MIU$'*C8*=+--DS@[.O]]N[GX"C9@[#B2)](80U7U5_555U/0RT$#X#XCZ.?9X!H]&"-P,+J@AN\`X4?H"7M@(AI=KE5U MA$: M5ZB\G%9FHC1^8G:5LJ%P7ZNK\K*,:B42%ZSQ=Q>\B4H@[GMJ?$&J=11-5^IZ MK"-%K!5C6,3CF!B3,<9+F-[J@;3>Z734X&HL:KQHXM]QJUWKM.,:^S47^DO_ZV+:>+3!%6ML@,W!.8.8RQVP(_!8[X+G8@-Q(DX(A0J>K/V^N MPTE0$<0B=&(Y+F4YI$QS*0W0RO3+A"B)>?&I3#-@Y=@I.9-I MZ+EHVL("HS:H!(:R%$GGCQ5!2";G@PA&FNI4LR16""7A-Q.L'*0(Z20^,"&4 M!P""[_*,ZUKDF49?Q0DYQ[MQ[1G`,PIF?5=2?%KQA#.VK!;!.1FS%?D9A-3& M3V!?3\W%NI@92^I+M49U&76!<1&=V7(8&!@Q>#ZMS%8A)9ZZO\2@53%[8U%N M<3G2M82")!;O"(FY7RE6AS/52'5K`37AV2*6I'#7414C)T3U8H)G+K3;"X#+ MQ*)*PBS>=0C$V`DAN)]!M#(($MBC]@C)@K'1C.#H]^7X<+M M_7.B+EI;',@7]Y9WY%MP;&#;\.T)^Y%R)+%*<3%OLFO.3[EDO>ALS'#)Q,O[ M[_#V^]>]2$M=>9#9J;4[;?T&G"=@(>L9Q$JD7!>FF_.D2P!JU"<\^(Z#V3OZ M_8,$BP"8_Z`OO=!7U/O>/T??&7WC(W3EBPSY1IC!B-HFL"L`[P)SO#)'\LB7FRRBE5."QM'T1?LF#J=(D(1R('LM MV7>N[,=%$W\Y=H%X&>C.IU$RX0]HVBYA-<69G@$`D4HT.]'AHGG4A&SG*O^@6ZXI0,PP7$EHAS49U(K.0V: M*]/@"-U2-`5UR(I\67&&V;E8.?G:TI])L%SFZUIBQ7^D7/P?WA<>ZOQZBN^! M!8T2,>`1/]FPENI<"B53OKC(OXJ%?0B)U!^F^D9M7RU;VY\^4O+E#SRY:;,H?G;8O.71G<^C9()/S1_6V_^TGC/*%HN MX8?F;Y?-7S;J,ZF5G`:'YF^7S5]:'F02+)?Y0_.WW>8OC>I<"B53?FC^=M#\ M70#'EKTV#W(IE)L'#3GU+RS/L*GG,UAH"4,X2.*9>>U[Z`H7,^=$G=V-([[- M[]8YB;:Z!63/[D_XU?,YO<'L!7B?F#"><"QW_W7%O;9%S<=@MX7IL^C5O]PZ M=%I)4226;)]8%V3.M@B M?7%)#CK9>Y2./BP:8J:="(3L85-ET#\C<@H+A:$+05!`MU*"$+# M>Q^`^M:2H/Y9_]^) MJSW/`YYIU1W[TL[G'JF&;Q[P79T1B_B6:*9W3ZJ6@\I4^W,9&:WG@E18X0]$',Z MBP=SXCNO9#.C][Q[8(9\FSB$GD-]POO!ZUOY9R9RN;'*T&ZIF);/?.4X66^W MV.?WL@:/E3/-B&2]C\3N]8BY/$_%^`P;?+5+.)**82>YN,;\!HN0,"%,9J_6 M#[[KAM=RK3N):CM?:J8HBJR=J[1W[\K2=I`(Y-+Y-:_VUR!=&98%I]<68BWY MMUFBZIIR=7_PG\OCFMYJUN>1+Y_?0\R-%,R-/<;<3,'GZDG1UM_A/U/"O MB(G#_P-02P$"'@,4````"`#F:T5!0*%Z4LH7``!-WP``&0`8```````!```` MI($`````8VLP,#`P.#8W,CDW+3(P,3(P.3$Y+GAM;%54!0`#7QEO4'5X"P`! M!"4.```$.0$``%!+`0(>`Q0````(`.9K14&T?)G3L@,``+45```=`!@````` M``$```"D@1T8``!C:S`P,#`X-C`Q0````(`.9K14&^?;QH+18``!KW M`0`=`!@```````$```"D@28<``!C:S`P,#`X-C`Q0````(`.9K14'. M)T@75"L``)^[`@`=`!@```````$```"D@:HR``!C:S`P,#`X-C`Q0` M```(`.9K14&V'``I\Q4``#,1`@`=`!@```````$```"D@55>``!C:S`P,#`X M-C`Q0````(`.9K14'&'O3C:`@``.)1```9`!@```````$```"D@9]T M``!C:S`P,#`X-C'-D550%``-?&6]0=7@+``$$)0X` <``0Y`0``4$L%!@`````&``8`2@(``%I]```````` ` end XML 16 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Aug. 29, 2012
Allianz AGIC Growth Fund (Second Summary Prospectus) | Allianz AGIC Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Allianz AGIC Growth Fund
Supplement Text ck0000867297_SupplementTextBlock

ALLIANZ FUNDS

Supplement Dated September 19, 2012

to the Statutory Prospectus for Class A, B, C and R Shares

of Allianz AGIC Growth Fund, a series of Allianz Funds

Dated August 29, 2012

Disclosure Relating to the Allianz AGIC Growth Fund (the “Fund”)

Within the Fund Summary relating to the Fund, the subsection entitled “Investment Objective” will be restated in its entirety as follows:

The Fund seeks capital appreciation.

The fee tables and expense examples for the Fund under “Fees and Expenses of the Fund” will be revised in their entirety as follows:

 

Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment):  
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  
Expense Example, Heading rr_ExpenseExampleHeading Examples:
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock

The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples assume that you invest $10,000 in the noted class of shares for the time periods indicated, your investment has a 5% return each year, and the Fund’s operating expenses remain the same. The Examples also assume conversion of Class B shares to Class A shares after seven years. Although your actual costs may be higher or lower, the Examples show what your costs would be based on these assumptions.

Investment Strategy, Heading rr_StrategyHeading Within the Fund Summary relating to the Fund, the subsection entitled “Principal Investment Strategies” will be restated in its entirety as follows:  
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock

The Fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest up to 20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). At times, depending on market and other conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. Effective September 24, 2012, the Fund changed its name from “Allianz AGIC Growth Fund” to “Allianz RCM Focused Growth Fund” in connection with a change in the Fund’s investment strategy. The portfolio managers are constrained to only including the 25-45 highest conviction large cap growth stocks covered by the research team. The portfolio managers believe the securities in the Fund exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investment: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.

 

Risk, Heading rr_RiskHeading Within the Fund Summary relating to the Fund, the subsection entitled “Principal Risks” will be restated in its entirety as follows:  
Risk, Narrative rr_RiskNarrativeTextBlock

The Fund’s net asset value, yield and total return will be affected by the allocation determinations, investment decisions and techniques of the Fund’s management, factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers, and factors influencing the U.S. or global economies and securities markets or relevant industries or sectors within them ( Management Risk, Issuer Risk, Market Risk ). Equity securities may react more strongly to changes in an issuer’s financial condition or prospects than other securities of the same issuer ( Equity Securities Risk ). Focusing on a limited number of issuers, sectors, industries, or geographic regions increases risk and volatility ( Focused Investment Risk ). Other principal risks include: Credit Risk (an issuer or counterparty may default on obligations); Derivatives Risk (derivative instruments are complex, have different characteristics than their underlying assets and are subject to additional risks, including leverage, liquidity and valuation); Leveraging Risk (instruments and transactions that constitute leverage magnify gains or losses and increase volatility); Liquidity Risk (the lack of an active market for investments may cause delay in disposition or force a sale below fair value); Non-U.S. Investment Risk, Emerging Markets Risk, Currency Risk (non-U.S. securities markets and issuers may be more volatile, smaller, less liquid, less transparent and subject to less oversight, particularly in emerging markets, and non-U.S. securities values may also fluctuate with currency exchange rates); and Turnover Risk (high levels of portfolio turnover increase transaction costs and taxes and may lower investment performance). Please see “Summary of Principal Risks” in the Fund’s statutory prospectus for a more detailed description of the Fund’s risks. It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

 

Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Within the Fund Summary relating to the Fund, the following will be inserted as the penultimate sentence of the first paragraph under “Performance Information”:  
Performance, Narrative rr_PerformanceNarrativeTextBlock

Prior to September 24, 2012, the Fund was managed by a different sub-adviser pursuant to a different investment strategy and would not necessarily have achieved the performance results shown below under its current investment strategy.

 

Supplement Closing ck0000867297_SupplementClosingTextBlock

Please retain this Supplement for future reference.

 

Allianz AGIC Growth Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PGWAX
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice 5.50%
Maximum Contingent Deferred Sales Charge (CDSC) (Load) (as a percentage of the lower of original purchase price or Nav) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 657
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 883
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,128
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,827
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 657
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 883
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,128
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,827
Allianz AGIC Growth Fund | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PGFBX
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Contingent Deferred Sales Charge (CDSC) (Load) (as a percentage of the lower of original purchase price or Nav) rr_MaximumDeferredSalesChargeOverOfferingPrice 5.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.86%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 689
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 885
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,206
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,892
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 189
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 585
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,006
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,892
Allianz AGIC Growth Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PGWCX
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Contingent Deferred Sales Charge (CDSC) (Load) (as a percentage of the lower of original purchase price or Nav) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.86%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 289
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 585
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,006
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 2,180
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 189
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 585
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,006
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,180
Allianz AGIC Growth Fund | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PPGRX
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumCumulativeSalesChargeOverOfferingPrice none
Maximum Contingent Deferred Sales Charge (CDSC) (Load) (as a percentage of the lower of original purchase price or Nav) rr_MaximumDeferredSalesChargeOverOfferingPrice none [1]
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.36%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 138
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 431
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 745
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,635
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 138
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 431
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 745
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,635
[1] For Class A shares, the CDSC is imposed only in certain circumstances where shares are purchased without a front-end sales charge at the time of purchase. For Class B shares, the maximum CDSC is imposed on shares redeemed in the first year, with CDSCs decreasing over time to zero for shares held longer. For Class C shares, the CDSC is imposed only on shares redeemed in the first year.
XML 17 ck0000867297-20120919_cal.xml IDEA: XBRL DOCUMENT XML 18 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Prospectus Date rr_ProspectusDate Aug. 29, 2012
Allianz AGIC Growth Fund (Prospectus Summary): | Allianz AGIC Growth Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Allianz AGIC Growth Fund (the “Fund”)
Supplement Text ck0000867297_SupplementTextBlock

ALLIANZ FUNDS

Supplement Dated September 19, 2012

to the Statutory Prospectus for Institutional Class, Class P, Administrative Class and Class D Shares

of Allianz AGIC Growth Fund, a series of Allianz Funds

Dated August 29, 2012

Disclosure Relating to the Allianz AGIC Growth Fund (the “Fund”)

Within the Fund Summary relating to the Fund, the subsection entitled “Investment Objective” will be restated in its entirety as follows:

The Fund seeks capital appreciation.

The fee tables and expense examples for the Fund under “Fees and Expenses of the Fund” will be revised in their entirety as follows:

 

Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment): None  
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)  
Expense Example, Heading rr_ExpenseExampleHeading Examples:
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock

The Examples are intended to help you compare the cost of investing in shares of the Fund with the costs of investing in other mutual funds. The Examples assume that you invest $10,000 in the noted class of shares for the time periods indicated, your investment has a 5% return each year, and the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, the Examples show what your costs would be based on these assumptions.

Investment Strategy, Heading rr_StrategyHeading Within the Fund Summary relating to the Fund, the subsection entitled “Principal Investment Strategies” will be restated in its entirety as follows:  
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock

The Fund seeks to achieve its investment objective by normally investing primarily in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest up to 20% of its assets in non-U.S. securities (but no more than 10% in any one non-U.S. country or 10% in companies organized or headquartered in emerging market countries). At times, depending on market and other conditions, the Fund may also invest a significant percentage of its assets in a small number of business sectors or industries. Effective September 24, 2012, the Fund changed its name from “Allianz AGIC Growth Fund” to “Allianz RCM Focused Growth Fund” in connection with a change in the Fund’s investment strategy. The portfolio managers are constrained to only including the 25-45 highest conviction large cap growth stocks covered by the research team. The portfolio managers believe the securities in the Fund exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. The portfolio managers ordinarily look for several of the following characteristics when analyzing specific companies for possible investment: higher than average growth and strong potential for capital appreciation; substantial capacity for growth in revenue, cash flow or earnings through either an expanding market or expanding market share; a strong balance sheet; superior management; strong commitment to research and product development; and differentiated or superior products and services or a steady stream of new products and services. In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants), the Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.

 

Risk, Heading rr_RiskHeading Within the Fund Summary relating to the Fund, the subsection entitled “Principal Risks” will be restated in its entirety as follows:  
Risk, Narrative rr_RiskNarrativeTextBlock

The Fund’s net asset value, yield and total return will be affected by the allocation determinations, investment decisions and techniques of the Fund’s management, factors specific to the issuers of securities and other instruments in which the Fund invests, including actual or perceived changes in the financial condition or business prospects of such issuers, and factors influencing the U.S. or global economies and securities markets or relevant industries or sectors within them ( Management Risk, Issuer Risk, Market Risk ). Equity securities may react more strongly to changes in an issuer’s financial condition or prospects than other securities of the same issuer ( Equity Securities Risk ). Focusing on a limited number of issuers, sectors, industries, or geographic regions increases risk and volatility ( Focused Investment Risk ). Other principal risks include: Credit Risk (an issuer or counterparty may default on obligations); Derivatives Risk (derivative instruments are complex, have different characteristics than their underlying assets and are subject to additional risks, including leverage, liquidity and valuation); Leveraging Risk (instruments and transactions that constitute leverage magnify gains or losses and increase volatility); Liquidity Risk (the lack of an active market for investments may cause delay in disposition or force a sale below fair value); Non-U.S. Investment Risk, Emerging Markets Risk, Currency Risk (non-U.S. securities markets and issuers may be more volatile, smaller, less liquid, less transparent and subject to less oversight, particularly in emerging markets, and non-U.S. securities values may also fluctuate with currency exchange rates); and Turnover Risk (high levels of portfolio turnover increase transaction costs and taxes and may lower investment performance). Please see “Summary of Principal Risks” in the Fund’s statutory prospectus for a more detailed description of the Fund’s risks. It is possible to lose money on an investment in the Fund. An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

 

Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Within the Fund Summary relating to the Fund, the following will be inserted as the penultimate sentence of the first paragraph under “Performance Information”:  
Performance, Narrative rr_PerformanceNarrativeTextBlock

Prior to September 24, 2012, the Fund was managed by a different sub-adviser pursuant to a different investment strategy and would not necessarily have achieved the performance results shown below under its current investment strategy.

 

Supplement Closing ck0000867297_SupplementClosingTextBlock

Please retain this Supplement for future reference.

 

Allianz AGIC Growth Fund | Institutional
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PGFIX
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.76%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 78
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 243
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 422
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 942
Allianz AGIC Growth Fund | Class P
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol AOGPX
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.86%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 88
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 274
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 477
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,061
Allianz AGIC Growth Fund | Administrative
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PGFAX
Management Fees rr_ManagementFeesOverAssets 0.75%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.01%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 103
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 322
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 558
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,236
Allianz AGIC Growth Fund | Class D
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol PGRDX
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.01%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 113
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 353
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 612
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,352