FORM OF PORTFOLIO MANAGEMENT AGREEMENT Allianz Funds Multi-Strategy TrustPortfolio Management Agreement • September 22nd, 2011 • Allianz Funds Multi-Strategy Trust
Contract Type FiledSeptember 22nd, 2011 CompanyThis Portfolio Management Agreement is executed as of September ___, 2011 by and between RCM CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the “Sub-Adviser”), and CAYWOOD-SCHOLL CAPITAL MANAGEMENT LLC, a California corporation (the “Portfolio Manager”).