Yes. It's a push pull zoom action.

One touch zooms as used on 35mm film SLRs used to have the same mechanism, the zoom ring twisted as well to achieve focus but now that most lenses are autofocus that's unnecessary. So you have a lens which just retains the push-pull, a far more natural action in my opinion and usually faster than a rotating zoom. Once you get used to it I think that you'll prefer it.

By contrast, most modern zooms have what was considered in 35mm terms to be an old-fashioned twin touch zoom: one ring was turned to zoom the lens and another was turned to focus it. This sometimes meant that after zooming you had to refocus; your push pull zoom will likely have a more technically demanding constant focus zoom action, there will be an additional manual focus control as well, but it's very much a minor secondary control used only when your AF has broken or is switched off.

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