* 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 16 April 2014
Net assets (in M)
NAV acc. share
NAV distr. share
Last coupon paid on 02/28/2014
NAV in EUR as of 04/02/2014 to 04/16/2014
Net assets (in M)
* The top performing equities for the month were:
1/ Grupo Televisa – The Mexican media giant was the top contributor in March. Grupo Televisa shares increased by 13.2% during the month on speculation proposed regulations will hinder America Movil SAB’s television expansion plans for at least two years. The share price gain added +0.14% to the fund’s return for the month.
2/ Bank of New York Mellon Corporation – The world’s largest custody bank has registered the second strongest contribution to the fund’s performance in March. BNY Mellon’s share price jumped by +10.3% during the month after the Federal Reserve signaled it may boost interest rates next year and following the firm’s announcement it will buy back as much as .74 billion in stock and increase its quarterly dividend starting in the second quarter. The gain added +0.13% to the fund’s March return.
3/ Microsoft Corporation – The global leader in computer software was the third best contributor to the fund’s performance in March. Microsoft gained +7.0%, adding +0.12% to the fund’s return during the month.
* The worst performing equities for the month were:
1/ Kinross Gold Corporation – The Canadian gold mining company was the worst contributor to the fund’s performance in March. Kinross’s stock price declined -20.9% as the gold price decreased for the first month this year, decreasing the fund’s value by -0.11% during March.
2/ DB Physical Gold ETC – The gold price tracking ETC registered the second worst contributing return during March. The Gold price declined by -3.1% during the month, decreasing the fund’s value by -0.10%.
3/ Goldcorp Inc. – The Canadian gold mining company was the third worst contributor to performance in March. Suffering just like Kinross from a decreasing gold price, Goldcorp’s shares declined -9.4% during the month, contributing a negative -0.09% to the total return of the fund.
Financials was the top performing sector with a +0.44% and Materials was the worst with a -0.36% contribution to return.
GEOGRAPHICAL BREAKDOWN Data as of 31 March 2014
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This funds aims to provide investors with capital growth through a dynamic diversification of its investments in all asset classes: stocks, bonds, securities linked to gold and money market securities. The fund is managed using a broadly-diversified allocation and focuses on undervalued assets to achieve its objective.
The fund’s performances appearing in this document are the ones by default of the capitalisation class.
Distr. share : 02 December 2010
Acc. share : 02 December 2010
Société Générale Bank and Trust S.A.
Country of registration :
Austria , Belgium , Switzerland , Germany , Spain , France , Greece , Italy , Luxembourg , Netherlands , Norway , Singapore , Sweden , Ireland , United Kingdom
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