Allianz filed a new prospectus for Allianz Global Investors Money Market Fund. It says that the new Allianz Global Investors Money Market Fund will have Class A, Class C and an Institutional II Class. The filing says, "The Fund seeks to maximize current income, to the extent consistent with the preservation of capital and liquidity and the maintenance of a stable $1.00 per share net asset value, by investing in U.S. dollar-denominated money market securities. The Fund invests as part of a "master-feeder" structure. The Fund operates as a "feeder fund" which means it invests in a separate mutual fund, or a "master fund." The Fund currently invests substantially all of its assets in a master fund, the State Street Money Market Portfolio, a registered open-end fund advised by SSgA Funds Management, Inc. with an identical investment objective. The Master Portfolio may accept investments from other feeder funds. Each feeder fund bears the Master Portfolio’s expenses in proportion to its investments in the Master Portfolio. Each feeder fund can set its own fund-specific expenses, transaction minimums and other requirements."
