Allianz Smart EUR Government Bond 1-10Y Active UCITS ETF (the "Fund") aims to generate superior risk-adjusted returns over the long term when compared with the long-term return of the government bond markets issued within the Eurozone in Euro (EUR) by investing in global bond markets with Euro exposure. The Fund is actively managed and invests in a portfolio of government, sovereign, supranational and agency ("SSA") Debt Securities, covered Debt Securities (i.e. debt securities issued by credit institutions secured by assets to which debt holders have direct recourse as preferred creditors), and global corporate Debt Securities.