Fixed income fund (AMFIX)
Performance history as of 20/09/2023
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
risk is associated with exposure to equitieslow
- 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
no later than the close of business day15:00
-
Fund's net assets
assets minus accrued liabilities3439872067.04
-
Share nominal value
defined by RA Government1 000
-
NAV per share
re-evaluated daily1899.4388
-
The amount of participation of the fund manager
as of: 30/06/202351 925 875
- Entry charge (maximum) 0.00%
- Exit charge (maximum) 3.00%
- The amount of management fee including custodian fee 1.00%
- 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
Working hours
Interested parties
Tel: (+374 10) 51 45 14 
Tel: (+374 10) 51 12 11 
Tel: (+374 10) 59 20 20 
Tel: (+374 60) 65 55 66 
Tel: (+374 8000) 87 87 Fund performance
Performance history as of 20/09/2023
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 1.89%
- 3 years 2.87%
- 5 years 2.61%
- Inception to date 3.29%
Fund structure
Structure by
- Asset classes
- Currency
The movement of assets under management
| Date | Assets | NAV per share |
|---|---|---|
|
Date
31/03/2023
|
Assets
2,897,729,209
|
NAV per share
1,797.86
|
|
Date
28/04/2023
|
Assets
3,005,114,148
|
NAV per share
1,813.21
|
|
Date
31/05/2023
|
Assets
3,097,185,243
|
NAV per share
1,831.59
|
|
Date
30/06/2023
|
Assets
3,166,762,493
|
NAV per share
1,853.26
|
|
Date
31/07/2023
|
Assets
3,300,626,168
|
NAV per share
1,869.38
|
|
Date
31/08/2023
|
Assets
3,406,929,178
|
NAV per share
1,890.33
|
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
In August, the exposure of
deposits have decreased from 25․1% to 23․9%.
The changes in the weights of other asset classes are mainly driven by inflows.
There were no significant change in the foreign currency structure of the fund.
As regards the fund’s
performance, it was positive in August mainly due to the increase in the prices
of local bonds.
Past performance is not a guarantee or a reliable indicator for current or future performance and returns.
Reports
- 2023
- 2022
- 2021
- 2020
- 2019
