Stay Tuned

2nd Quarter, 2024

The AUM of Balanced (AMBAL), Conservative (AMCON) and Fixed Income (AMFIX) funds amounted more than 487 billion AMD as of June 30, 2024, 96,5 billion AMD of which, about 20%, was generated from the income secured as a result of management.

The investments in Armenia and abroad include different asset classes, such as local government and corporate bonds, foreign bonds and equity ETFs and mutual funds, bank deposits, etc.

Since the inception annualized performance of Balanced, Conservative and Fixed income funds was in the range of 7.2%-7.7% depending on the type of fund as of June 30, 2024.

In Q2 2024, funds’ performance was positive due to the rise of local bonds and foreign equity prices.