The Pet Economy Boom
The pet boom is no coincidence, but rather the result of a wide variety of social developments:
- For the majority of millennials, money is no object when it comes to their pet's health.1
- Older people with grown-up children spend the highest amount on their pets.2
- With China’s ongoing economic development and greater disposable income, the country’s middle class has joined the pet lovers of the world.3
- Also, our animal companions are no longer limited to living outside. They move around the living area, sleep in their owner’s beds and are generally regarded as part of the family.4
The sum of these trends is reflected in the new pet economy, which can offer opportunities for investors.5
1) 41% of millennials surveyed stated that money is no object when it comes to their pets – APPA National Pet Owners Survey Debut. Statista. IDEXX Laboratories Inc. Investor Day Presentation 2017
2) Administration on Aging and U.S. Bureau of Labour Statistics
3) The World Pet Markets Trend, countries experiencing growth in the pet industry, The Balance Careers
4) Nielsen survey conducted by Harris Poll, 26th May 2015
5) A success of the strategy cannot be guaranteed and losses cannot be excluded.
Investing involves risk. The value of an investment and the income from it may fall as well as rise and investors might not get back the full amount invested. Allianz Pet and Animal Wellbeing is a sub-fund of Allianz Global Investors Fund SICAV, an open-ended investment company with variable share capital organised under the laws of Luxembourg. The value of the units/shares which belong to the Unit/Share Classes of the Sub-Fund that are not denominated in the base currency may be subject to an increased volatility. The volatility of other Unit/Share Classes may be different and possibly higher. Past performance is not a reliable indicator of future results. Investment funds may not be available for sale in all jurisdictions or to certain categories of investors. This communication has not been prepared in accordance with legal requirements designed to ensure the impartiality of investment (strategy) recommendations and is not subject to any prohibition on dealing before publication of such recommendations.
For investors in Europe (excluding Switzerland)
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For investors in Switzerland
For a free copy of the sales prospectus, incorporation documents, daily fund prices, key investor information, latest annual and semi-annual financial reports, contact the Swiss funds’ representative and paying agent BNP Paribas Securities Services, Paris, Zurich branch, Selnaustrasse 16, CH-8002 Zürich or the issuer either electronically or by mail at the given address. Please read these documents, which are solely binding, carefully before investing. This is a marketing communication issued by Allianz Global Investors (Schweiz) AG, a 100% subsidiary of Allianz Global Investors GmbH, licensed by FINMA (www.finma.ch) for distribution and by OAKBV (Oberaufsichtskommission berufliche Vorsorge) for asset management related to occupational pensions.