Performance history as of 26/03/2024
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
risk is associated with exposure to equitiesmedium
- Investing in equity instruments Maximum 25%
-
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
Time, when the NAV is calculated and submitted to the RegistrarDaily
-
NAV PER UNIT PUBLICATION TIME
no later than the close of business day15:00
-
Fund's net assets
assets minus accrued liabilities445909672147.11
-
Share nominal value
defined by RA Government1 000
-
NAV per share
re-evaluated daily2092.9759
-
The amount of participation of the fund manager
at least 1% of AUM, if it does not exceed 1 billion AMD1 438 311 132
- Entry charge (maximum) 0.00%
- Exit charge (maximum) 3.00%
- The amount of management fee including custodian fee 0.95%
- 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
- 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
Working hours
Interested parties
Fund performance
Performance history as of 26/03/2024
Performance analytics data since inception
- Maximum drawdown -11.29%
- Recovery period (days) 315
- Lowest return -5.05%
- Highest return 3.69%
- Worst month 12/2014
- Best month 11/2020
Risk analysis data
- 1 year 3.24%
- 3 years 4.18%
- 5 years 4.39%
- Inception to date 3.93%
Fund structure
Structure by
- Asset classes
- Currency
The movement of assets under management
Date | Assets | NAV per share |
---|---|---|
Date
29/09/2023
|
Assets
367,811,049,005
|
NAV per share
1,936.16
|
Date
30/10/2023
|
Assets
374,046,986,570
|
NAV per share
1,935.11
|
Date
30/11/2023
|
Assets
383,003,140,799
|
NAV per share
1,981.17
|
Date
29/12/2023
|
Assets
407,143,650,538
|
NAV per share
2,021.48
|
Date
31/01/2024
|
Assets
419,328,550,295
|
NAV per share
2,034.18
|
Date
29/02/2024
|
Assets
436,017,011,680
|
NAV per share
2,081.68
|
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
The movement of assets under management
- Geographic area
- Sector
- Countries
- Market capitalization
In
February, we reallocated our portfolio by reducing the allocation to cash (from
2.9% to 2.2%) and money market instruments (from 1.3% to 0.3%). Simultaneously,
we increased our exposure to foreign bonds (from 8.1% to 10.5%) and adjusted
the wight of foreign shares (from 21.4% to 22%).
The proportion of foreign currency assets rose to 34.4% from the previous month's 32.9%.
The fund's performance remained positive in February,
driven by the appreciation of local investments and foreign equities.
Past performance is not a guarantee or a reliable indicator for current or future performance and returns.
Reports
- 2023
- 2022
- 2021
- 2020
- 2019