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1st Quarter, 2023

The net assets under management of Balanced (AMBAL), Conservative (AMCON) and Fixed Income (AMFIX) funds amounted around 321 billion AMD as of March 31, 2023․

he funds invested in different asset classes, such as local government and corporate bonds, foreign bond and equity ETFs and mutual funds, bank deposits, etc. 

Since inception annualized performance was in the range of 6․7%-7.0%.  In Q1, 2023 fund’s performances were positive due to the increase in the prices of both local and foreign securities.