So investiert der Allianz Smart Europe Equity Active UCITS ETF EUR Acc: The investment objective of the Fund is to provide capital growth over the long term. There is no guarantee that the Fund will achieve its investment objective. Investment Policy The Fund will seek to achieve its investment objective by investing its net assets in a portfolio of European equity and equity-related securities that will be listed or traded on Regulated Markets. The Fund will invest at least 70% of its net assets in equities and equity-related securities, in order to meet its investment objective. Investment Strategy The Fund follows a systematic, rule-based investment process. Under this process, individual securities are analysed, assessed versus sectoral, regional and/or other peers, , and selected for investment by the Fund based on their relative attractiveness derived from the investment signals.