Balanced fund (AMBAL)
Performance history as of 06/05/2025
Share Class
-
NOMINAL (INITIAL) VALUE:
1 000 AMD
NAV per share
re-evaluated daily
2291.6045
Weekly
0.97 %
Year to date(YTD)
1.46 %
Last year
10.29 %
Last 12 months
8.68 %
For the last three years(annualized)
7.17 %
For the last five years (annualized)
6.11 %
Since inception (annualized)
since inception date: 11/03/2014
7.71 %
Performance of previous years
10.29%
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 is associated with exposure to equities
risk is associated with exposure to equitieshigh
- Investing in equity instruments Maximum 50%
-
secured investment returns are reinvested
on the principle of compound interest, i.e. performance is calculated based on both the initial principal and the accumulated interest from previous periodsIncomes are reinvested
- Fund manager Hrayr Aslanyan, Anush Amirjanyan
- Since inception date 11/03/2014
- Fund currency AMD
-
NAV CALCULATION FREQUENCY
the time period when the fund's net asset value is calculated and reported to the RegistrarDaily
-
NAV PER UNIT PUBLICATION TIME
no later than the end of business day: defined by 10/09 Regulation of the Central Bank15:00
-
Fund's net assets
assets minus accrued liabilities8200077615.66
-
Share nominal value
defined by RA Government1 000
-
NAV per share
re-evaluated daily2291.6045
-
The amount of participation of the fund manager
as of 30/04/2025108 715 412
- Entry charge (maximum) 0.00%
- Exit charge (maximum) 3.00%
- The amount of management fee including custodian fee 1.15%
- 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
In 2024, 17 Mio AMD from 26 Mio AMD will be paid by the funds, 9 Mio AMD by the Manager. In 2023, 17 Mio AMD from 25 Mio AMD was paid by the funds, 8 Mio AMD by the Manager. 17 Mio AMD is distributed proportionally among the 3 funds according to the net asset value of the given fund as of the last business day of the year preceding the given year.contractual
- 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
Responsible Investment policy
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
Ernst & Young
7th floor, Kamar Business Center, 2 Vazgen Sargsyan, Yerevan 0010, Armenia
(+374) 60 50 77 77
yerevan@am.ey.com
https://www.ey.com/en_am
How to choose this fund?
Tel: (+374 10) 51 12 11 
Fund performance
Performance history as of 06/05/2025
Share Class
-
NAV per share
re-evaluated daily
2291.6045
Weekly
0.97 %
Year to date(YTD)
1.46 %
Last year
10.29 %
Last 12 months
8.68 %
For the last three years(annualized)
7.17 %
For the last five years (annualized)
6.11 %
Since inception (annualized)
7.71 %
Performance analytics data since inception
- Maximum drawdown -12.44%
- Recovery period (days) 335
- Lowest return -5.00%
- Highest return 4.04%
- Worst month 06/2022
- Best month 11/2020
Risk analysis data
- 1 year 4.34%
- 3 years 4.79%
- 5 years 4.53%
- Inception to date 4.21%
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
30/10/2024
|
Assets
7,316,510,918
|
NAV per share
2,221.11
|
|
Date
29/11/2024
|
Assets
7,486,994,515
|
NAV per share
2,263.92
|
|
Date
30/12/2024
|
Assets
7,640,781,852
|
NAV per share
2,258.64
|
|
Date
31/01/2025
|
Assets
7,749,904,751
|
NAV per share
2,289.35
|
|
Date
28/02/2025
|
Assets
7,766,967,573
|
NAV per share
2,291.69
|
|
Date
31/03/2025
|
Assets
8,021,033,791
|
NAV per share
2,270.12
|
Global distribution
- By regions
- By countries
- By sectors
Breakdown by
- Country of listed securities
- Deposit by Country
- Issuer country of investment funds
- Country of derivatives counterparty
Bond analysis
Structure by
- Issuer type
- Rating
- Countries
- Currencies
Distribution of government bonds by countries
Equity analysis
Structure by
- Geographic area
- Sector
- Countries
- Market capitalization
Anush Amirjanyan
28.04.2025
Fund Manager's comment
In March, the changes in the weights of assets were primarily driven by an unprecedented inflow of cash and market impact.
The share of foreign currency assets declined to 35.6%, compared to 37.1% in the previous month, also due to the substantial cash inflow.
The fund’s performance was negative during the month, mainly due to the decline in the prices of foreign equities.
Past performance is not a guarantee or a reliable indicator for future performance and returns..
Reports
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
Funds
Updated 28.04.2025 | 13:04