Amundi Funds Equity MENA Equity Fund A2U Acc USD

東方匯理系列基金中東北非基金A2U類 Acc 美元

LU0823047385

Risk Rating: Level 5

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Non-dealing Hours

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.85%

HKD4,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

  • Subscription or Redemption Orders received today is placed on the next business day.
*Not include dividends (If applicable)

Fund Performances (including dividend, if any)

1 mth
+2.16%
3 mth
-4.31%
6 mth
-3.77%
1 yr
+3.02%
3 yr
+23.12%
5 yr
-9.31%

Analytical Figures (3 years)

Annualized Return
+7.18%
Annualized Volatility
+10.67%
Sharpe Ratio
+0.56

Fund Information

Fund Houses
Amundi Hong Kong Ltd.
Launch Date
2008-05-12
Fund Manager
Remy Marcel
Manager Start Date
Remy Marcel (Start Date: 2014-09-15)
Geographical Focus
Middle East & Africa
Asset Class/ Sector
Equity - All cap
Risk Rating
Risk Level 5

iFund risk rating methodology is a qualitative and quantitative assessment of a single fund’s geographic and asset class focus, investment style and any potential risk factors, as measured from one (1) (lowest risk) to six (6) (highest risk). For the funds with risk rating five (5) or six (6), these are mainly aimed at providing capital appreciation to investors by investing primarily in single market equities, single industry equities or derivatives etc. For more details, please refer to the Due Diligence section under the Procedures page.

Fund AUM(As of 2019-11-19)
USD 66,779,027.79
Management Fee
1.85%
Latest Dividend
N.A.

Sector Leaders

    No Funds

Dealing Information

Secure Transaction

Derivatives knowledge not required

HKD4,000.00Min. Subscription

1.85%

HKD4,000.00Min. Subscription

AUD / HKD / JPY / EUR / GBP / USD

HKD4,000.00Min. Subscription

HKD4,000.00

HKD4,000.00

Daily

16:30

-

  • Subscription or Redemption Orders received today is placed on the next business day.

Dividend Records

No Dividends

Investment Objective

To seek a total return through investment of at least 67% of its total assets in shares of MENA (i.e. The Middle East and North Africa region) companies listed on stock exchange in MENA countries. Such investments can be made indirectly through participatory notes, in case of a limited access to a stock market or for the purpose of efficient portfolio management.
The fund will not invest extensively in financial derivative instruments for investment purposes.

Nature and Extent of Risks

Investment involves risks. Please refer to the Prospectus for details including the risk factors.
1. Developing countries risk: According to the objectives and investment strategy of the fund, it will invest in developing countries which may subject to developing countries risk. Investment in securities of issuers of developing countries involves special considerations and risks, including the risks associated with investment in developing countries, such as currency fluctuations, the risks of investing in countries with smaller capital markets, limited liquidity, higher price volatility, different conditions applying to transaction and control and restrictions on foreign investment, as well as risks associated with developing countries economies, including high inflation and interest rates, large amounts of external debt as well as political and social uncertainties.
2. Additional risks due to the political and economic situation in MENA region: As the fund will invest in MENA region, instability in the MENA markets may result from factors such as government or military intervention in decision-making, terrorism, civil unrest, extremism or hostilities between neighbouring countries. An outbreak of hostilities could result in substantial losses for the fund. Extremist groups in certain countries have traditionally held anti-Western views and are opposed to openness to foreign investments. If these movements gain strength they could have a destabilising effect on the investment activities of the fund.
In MENA region, markets may remain closed for several days due to religious celebration, during which no subscription and redemption will be processed. Moreover, exact dates of market closure may be known only a very short time in advance.
The underlying investments of the fund will consist of quoted shares in the MENA region. The marketability of quoted shares is limited due to the restricted opening hours of stock exchanges, a narrow range of investors and a relatively high proportion of market shares being held by a relatively small number of shareholders. Trading volume is generally lower than on more developed stock markets and equities are generally less liquid.
3. Equity risk: Investment in common stocks and other equity securities are subject to market risk that historically has resulted in greater price volatility than experienced by bonds and other fixed income securities.
4. Risk specific for participatory notes: participatory notes which are the embedded derivatives instruments allowing investors to indirectly invest in securities listed on certain markets having a complicated or restricted access in MENA region, may be subject to counterparty risk which is the risk that the broker, dealer or bank that issues the notes will not fulfill its contractual obligations under the notes.
5. Risk attached to the use of Financial Derivative Instruments (“FDI”): The fund may invest in FDI for hedging purpose and for the purpose of efficient portfolio management only. Investment in FDI is subject to additional risks, including credit risk of the issuer, liquidity risk, counterparty risk and valuation risk. In adverse situation, the fund’s use of FDI may become ineffective in hedging/efficient portfolio management and the fund may suffer significant losses.
6. Market risk: Value of this fund investments could decrease due to movements in financial markets. The value of the fund can be extremely volatile and could go down substantially within a short period of time. It is possible that your investment value could suffer substantial loss.
7. Risks related to distribution out of capital: For distribution class, Amundi Funds may at its discretion determine to pay dividends out of income or capital of the fund. In addition, Amundi Funds may at its discretion pay dividends out of gross income while charging / paying all or part of the fund’s fees and expenses to the capital of the fund, resulting in an increase in distributable income for the payment of dividends by the fund, in which case, the fund is effectively paying dividends out of capital. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the fund’s capital or payment of dividends effectively out of the fund’s capital (as the case may be) may result in an immediate reduction of the net asset value per share of the fund. Amundi Funds may change the fund’s dividend distribution policy to pay dividends out of capital or effectively out of capital of the fund subject to the SFC’s prior approval. For change of distribution policy, not less than one month’s prior notice will be provided to affected Shareholders.

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