Balanced fund (AMBAL)
Performance history as of 24.06.2022
Share class
-
NAV per share
1773.4923
Weekly
-0.37 %
Year to date(YTD)
-9.72 %
Last year
3.55 %
Last 12 months
-9.53 %
For the last three years(annualized)
3.26 %
For the last five years (annualized)
5.05 %
Since inception (annualized)
since inception date: 11/03/2014
7.15 %
Performance of previous years
3.6%
Fund's profitability indicators include expenses and payments paid at the expense of the fund assets.Past performance is not a guarantee or a reliable indicator for future performance and returns.
The investment objective of the Balanced fund is to maximize the total return on assets, by investing in fixed income and equity instruments at acceptable level of risk. The assets of the Fund can be invested in money market instruments, government and corporate bonds, bank deposits and equities, denominated in AMD and foreign currency, as well as in exchange traded funds (ETFs) and mutual funds, investing solely in above mentioned instruments.
Characteristics
- Legal status Contractual, standard, open-ended investment fund
-
Risk degree
risk is associated with exposure to equitieshigh
- Investing in equity instruments Maximum 50%
-
Distribution of fund income
Incomes are reinvested
- Fund manager Hrayr Aslanyan, Anush Amirjanyan
- Since inception date 11/03/2014
- Fund currency AMD
-
NAV calculation frequency
no later than the close of business dayDaily
-
NAV per unit publication time
no later than the close of business day15:00
-
Fund's net assets
assets minus accrued liabilities3804066795.36
-
Share nominal value
defined by RA Government1 000
-
NAV per share
1773.4923
-
The amount of participation of the fund manager
as of 31/12/202153 172 610
- Entry charge (maximum) 0.00%
- Exit charge (maximum) 3.00%
- The amount of management fee including custodian fee 1.30%
- Performance fees No
- Guarantee fund fee 0,02%
-
Transaction costs
According to Regulation 10/12 on “Items and Maximum Amounts of Costs by the Use of Mandatory Pension Fund Assets”Maximum 0.1%
-
Audit fee
maximum 17 Mio AMD for 3 fundscontractual
- Taxes Fund is not taxable
Redemption price of a unit may be less than the available net asset value per unit (at the time when the application is submitted to CDA) by an amount equal to the fees and expenses stipulated in the fund's rules.
The procedure for repurchasing, repaying, terms and conditions of pension fund shares are defined in the fund rules.
Fund rules
Balanced Fund's Rules.pdf:
Working hours
Monday-Friday
09:00-18:00
Interested parties
Asset Management
Amundi-ACBA Asset Management
10 V. Sargsyan, premises 100-101, Yerevan 0010, RA
(+374) 11 31 00 00
info-armenia@amundi.com
https://amundi-acba.am
Custodian and Registrar
Central Depository of Armenia
Fund Administration Agent
CACEIS FA
External auditor
Deloitte Armenia
Amiryan St. 4/7, 0010 Yerevan, RA
(+374) 10 52 75 20
amdeloitte@deloitte.am
https://www2.deloitte.com/am/am.html
How to choose this fund?
Fund performance
Performance history as of 24.06.2022
Share class
-
NAV per share
1773.4923
Weekly
-0.37 %
Year to date(YTD)
-9.72 %
Last year
3.55 %
Last 12 months
-9.53 %
For the last three years(annualized)
3.26 %
For the last five years (annualized)
5.05 %
Since inception (annualized)
7.15 %
Performance analytics data since inception
- Maximum drawdown -7.92%
- Recovery period (days) 439
- Lowest return -4.65%
- Highest return 4.04%
- Worst month 04/2022
- Best month 11/2020
Risk analysis data
- 1 year 4.31%
- 3 years 4.77%
- 5 years 4.01%
- Inception to date 4.06%
Volatility is a statistical indicator that measures an asset’s variations around its average value. The higher the value of the volatility index, more risky is the asset.
Fund structure
Structure by
- Asset classes
- Currency
The movement of assets under management
| Date | Assets | NAV per share |
|---|---|---|
|
Date
2021.11.30
|
Assets
3,646,114,672
|
NAV per share
1,948.20
|
|
Date
2021.12.30
|
Assets
3,826,388,125
|
NAV per share
1,964.42
|
|
Date
2022.01.31
|
Assets
3,873,750,527
|
NAV per share
1,953.28
|
|
Date
2022.02.28
|
Assets
3,916,182,060
|
NAV per share
1,945.13
|
|
Date
2022.03.31
|
Assets
3,956,905,961
|
NAV per share
1,934.85
|
|
Date
2022.04.29
|
Assets
3,829,110,654
|
NAV per share
1,844.95
|
Global distribution
- By regions
- By countries
- By sectors
Breakdown by
- Country of listed securities
- Deposit by Country
- Issuer country of investment funds
Bond analysis
Structure by
- Issuer type
- Rating
- Countries
- Currencies
Distribution of government bonds by countries
Equity analysis
The movement of assets under management
- Geographic area
- Sector
- Countries
- Market capitalization
Anush Amirjanyan
11.05.2022
Fund Manager's comment
In April, we have increased exposure to local government and corporate bonds respectively from 28.9% to 30.5% and from 8.1% to 9.6%. The changes in the weights of other asset classes are mainly driven by market impact.
Foreign currency exposure has decreased from 37.4% to 34.9%, which is due to the appreciation of Armenian dram against US dollar and euro.
As regards to the fund’s performance, it was negative due to the decrease in both foreign and local securities’ prices.
Past performance is not a guarantee or a reliable indicator for future performance and returns..
Reports
- 2022
- 2021
- 2020
- 2019
Ֆոնդեր
Updated 13.05.2022 | 14:35