* Rolling performance : for funds that have been launched since less than 1 year or 3 years or 5 years, the performance shown in the table in the 1 year, 3 years or 5 years column is the performance since launching date of the fund.
All performance figures are calculated in your selected currency based NAV to NAV with gross income accumulated.
Important: Past performance does not guarantee future returns. The value of an investment can rise or fall with market fluctuations, and you may lose the amount originally invested. The value of your investment is dependant of the value of the securities and contracts bought by the fund. The material is based upon information that we consider reliable as of the date shown, but we do not represent that it is accurate, complete, valid or timely, in particular any data communicated to us by a third party, and it should not be relied on as such for any particular purpose. All material is subject to change without any prior notice from us. Investment in a fund gives rise to certain risks.
The fund performance is calculated net of investment management fees including commissions and custody fees. The benchmark performances are calculated with net dividend reinvested when applicable. Both performances for funds and benchmarks are calculated using internal software fed by external sources (mainly Datastream).
The exchange rates used to convert the benchmark and the funds are the rates published by WM/Reuters at 16:00 (London time) on the last day of the month.
Value as of 29 January 2015
Net assets (in M)
NAV acc. share
NAV distr. share
Last coupon paid on 11/28/2014
NAV in EUR as of 01/19/2015 to 01/29/2015
Net assets (in M)
* The top performing equities for the month were:
1/ Oracle Corporation – The world’s second-largest software company, which specializes in database management systems, was the top contributor to the fund’s performance in December. Oracle’s stock price jumped by +6.0% after Web-based cloud computing helped fuel fiscal second-quarter profit and sales that surpassed analysts’ estimates. The share price increase added +0.13% to the fund’s December return.
2/ Northrop Grumman Corporation – The global security company providing systems, products and solutions in unmanned systems and cybersecurity registered the second strongest contribution to the fund’s performance in December. Northrop Grumman’s stock price increased by +4.6% in December; adding +0.10% to the fund’s return for the month.
3/ Comcast Corporation – The largest American broadcasting and cable company was the third best contributor to the fund’s performance in December. Comcast gained +1.3% during the month, adding +0.07% to the fund’s return for December.
* The worst performing equities for the month were:
1/ KT & G – The South Korean tobacco company was the worst contributor in December. KT & G’s stock price declined by -21.5% during the month as South Korea will increase tobacco taxes for the first time in a decade. The share price decrease contributed a negative -0.10% to the total return of the fund.
2/ Grupo Televisa – The largest Latin American and Spanish-speaking media company in the world was the second worst contributor to performance in December. Grupo Televisa’s shares declined by -8.8% during the month, contributing a negative -0.09% to the total return of the fund.
3/ HeidelbergCement AG – The world’s third largest cement maker registered the third worst contributing return during December. HeidelbergCement’s stock price dropped –3.5% during the month and decreasing the fund’s value by -0.07%.
Financials was the top performing sector with +0.06% and Consumer Staples was the worst with -0.34% contribution to return.
Top portfolio exposures as of 31 December 2014
DB PHYSICAL GOLD ETC
NORTHROP GRUMMAN CORP
ETFS PHYSICAL GOLD
BANK NY MELLON CORP
SECOM CO LTD
The Sub-Fund seeks to offer investors capital growth through diversification of its investments over all categories of assets and a policy of following a ‘value’ approach.
To pursue its goal, it invests at least two-thirds of its Net Assets in equities, Equity-linked Instruments and bonds without any restriction in terms of market capitalisation, geographical diversification or in terms of what part of the assets of the Sub-Fund may be invested in a particular class of assets or a particular market. The investment process is based on fundamental analysis of the financial and business situation of the issuers, market outlook and other elements.
The fund’s performances appearing in this document are the ones by default of the capitalisation class.
UK retail investors will not have any protection under the UK Financial Services Compensation Scheme (FSCS).
Distr. share : 02 December 2010
Acc. share : 02 December 2010
Amundi Luxembourg SA
Société Générale Bank and Trust S.A.
Country of registration :
Austria , Belgium , Switzerland , Germany , Spain , France , Greece , Italy , Luxembourg , Netherlands , Norway , Singapore , Sweden , United Kingdom , Ireland
Nothing contained in this site constitutes a solicitation or offer by any member of Amundi to provide any investment advice or service or to purchase or sell any financial instruments. The information it contains aims to inform the subscriber by providing information on the UCITS supplemental to that appearing in the Information Memorandum. The material provided on this site is presented as of the date shown and "as is". Amundi does not expressly or impliedly warrant the accuracy of the information provided on this site and expressly disclaims any warranties of fitness of this site for any particular purpose. This material reflects the opinion of the management company at the date of printing. The material is based upon information that we consider reliable, but we do not represent it is accurate, complete, valid or timely and it should not be relied on as such for any particular purpose. Any subscription should be based solely on the Information Memorandum provided to subscribers prior to the subscription and/or available upon request.
The product or securities referred to herein are not sponsored, endorsed, or promoted by the reference index or benchmark sponsor. The sponsor bears no liability with respect to any such products or securities or any index on which such products or securities are based.
Institutional Sub-Class (Sub-Class I): Shares of this sub-class are only available to institutional investors subscribing for their own account or within the framework of a collective savings or any comparable scheme, as well as UCITS. As such this Sub-Class benefits from the reduced "taxe d abonnement" of 0,01%. The minimum investment in this Sub-Class is USD 500,000.
Classic Sub-Class (Sub-Class C): Shares of this sub-class are available to all investors. There is no minimum investment requirement in this sub-class.
Source : Amundi