Fixed income fund (AMFIX)

Performance history as of 06/05/2025

Share Class

NOMINAL (INITIAL) VALUE:

1 000 AMD

NAV per share

2196.9422

Weekly

0.21 %

Year to date(YTD)

3.45 %

Last year

8.08 %

Last 12 months

9.05 %

For the last three years(annualized)

7.25 %

For the last five years (annualized)

5.69 %

Since inception (annualized)

7.31 %

Performance of previous years

8.08%

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 Fixed income fund is to maximize the total return on assets, by investing only in fixed income instruments at acceptable level of risk. The assets of the Fund can be invested in money market instruments, government and corporate bonds, bank deposits, 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 low
Investing in equity instruments 0%
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 5658033642.41
Share nominal value 1 000
NAV per share 2196.9422
The amount of participation of the fund manager 75 549 053

Entry charge (maximum) 0.00%
Exit charge (maximum) 3.00%
The amount of management fee including custodian fee 0.85%
Performance fees No
Guarantee fund fee 0.02%
Transaction costs Maximum 0.1%
Audit fee 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

Fixed Pension Fund's Rules.pdf

Responsible Investment policy

Amundi-Acba Responsible Investment Policy

Working hours

Monday-Friday

09:00-18:00

Frequently Asked Questions Find answers to questions that interest you

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

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

Fund performance

Start

End

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Fund performance since inception (as for 1000)

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Performance history as of 06/05/2025

Share Class

NAV per share

2196.9422

Weekly

0.21 %

Year to date(YTD)

3.45 %

Last year

8.08 %

Last 12 months

9.05 %

For the last three years(annualized)

7.25 %

For the last five years (annualized)

5.69 %

Since inception (annualized)

7.31 %

Performance analytics data since inception

Maximum drawdown -12.15%
Recovery period (days) 414
Lowest return -9.42%
Highest return 2.42%
Worst month 12/2014
Best month 09/2016

Risk analysis data

1 year 1.84%
3 years 2.44%
5 years 2.51%
Inception to date 3.12%

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 30/10/2024	Assets 4,851,297,351	NAV per share 2,091.38
Date 29/11/2024	Assets 4,922,045,560	NAV per share 2,115.05
Date 30/12/2024	Assets 5,114,101,832	NAV per share 2,123.59
Date 31/01/2025	Assets 5,143,232,192	NAV per share 2,139.59
Date 28/02/2025	Assets 5,179,880,307	NAV per share 2,155.69
Date 31/03/2025	Assets 5,506,831,347	NAV per share 2,173.13

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

Download the structure PDF

Anush Amirjanyan

28.04.2025

Fund Manager Comment

In March, the fund increased the allocation to foreign bonds from 26% to 26.9%. Changes in the weights of other asset classes were primarily driven by an unprecedented inflow of cash and market impact.

The share of foreign currency assets declined to 28.9%, compared to 29.4% in the previous month, also due to the significant inflow of cash.

The fund’s performance was positive during the month, mainly driven by the appreciation of local investments.

Past performance is not a guarantee or a reliable indicator for current or future performance and returns.