Conservative fund (AMCON)

Performance history as of 20/09/2023

nominal (initial) value: 1,000 drams

NAV per share

1930.2174

Weekly

-0.04 %

Year to date(YTD)

9.14 %

Last year

-7.67 %

Last 12 months

9.32 %

For the last three years(annualized)

2.99 %

For the last five years (annualized)

5.05 %

Since inception (annualized)

7.14 %

Performance of previous years

-7.67%

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 Conservative 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 medium
Investing in equity instruments Maximum 25%
secured investment returns are reinvested Incomes are reinvested
Fund manager Hrayr Aslanyan, Anush Amirjanyan

Since inception date 11/03/2014
Fund currency AMD
NAV CALCULATION FREQUENCY Daily
NAV PER UNIT PUBLICATION TIME 15:00
Fund's net assets 366081616333.36
Share nominal value 1 000
NAV per share 1930.2174
The amount of participation of the fund manager 1 335 436 806

Entry charge (maximum) 0.00%
Exit charge (maximum) 3.00%
The amount of management fee including custodian fee 1.10%
Performance fees No
Guarantee fund fee 0,02%
Transaction costs Maximum 0.1%
Audit fee contractual
Taxes Fund is not taxable

The redemption price of the unit may be less than the net asset value per unit
that has been calculated at the time of publication, by an amount equal to the fees and expenses stipulated in the rules of the fund.

The procedure for repurchasing, repaying, terms and conditions of pension fund shares are defined in the fund rules.

Fund rules

Conservative 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

6/1 Vazgen Sargsyan str., Yerevan 0010, RA

(+374) 60 61 55 55

info@amx.am

https://cda.am

Fund Administration Agent

CACEIS FA

1-3, place Valhubert 75206 Paris Cedex 13

(+33) 1 57 78 05 88

https://www.caceis.com

External auditor

Ernst & Young

1 Northern Ave., office 307, Yerevan 0001, Armenia

(+374) 10 50 07 90

yerevan@am.ey.com

https://www.ey.com/en_am

How to choose this fund

Fund performance

Start

End

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Fund performance since inception (as for 1000)

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Performance history as of 20/09/2023

nominal (initial) value: 1,000 drams

NAV per share

1930.2174

Weekly

-0.04 %

Year to date(YTD)

9.14 %

Last year

-7.67 %

Last 12 months

9.32 %

For the last three years(annualized)

2.99 %

For the last five years (annualized)

5.05 %

Since inception (annualized)

7.14 %

Performance analytics data since inception

Maximum drawdown -11.29%
Recovery period (days) -
Lowest return -5.05%
Highest return 3.69%
Worst month 12/2014
Best month 11/2020

Risk analysis data

1 year 3.98%
3 years 4.37%
5 years 4.34%
Inception to date 3.95%

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.

Year

Month

Download the structure PDF

Fund structure

Structure by

Asset classes
Currency

The movement of assets under management

Date	Assets	NAV per share
Date 31/03/2023	Assets 313,487,189,040	NAV per share 1,826.16
Date 28/04/2023	Assets 323,630,297,754	NAV per share 1,843.70
Date 31/05/2023	Assets 332,122,345,573	NAV per share 1,858.25
Date 30/06/2023	Assets 342,418,638,216	NAV per share 1,895.83
Date 31/07/2023	Assets 356,785,844,695	NAV per share 1,924.25
Date 31/08/2023	Assets 364,909,300,402	NAV per share 1,932.79