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Amundi Funds
Equity Greater China
1 . This is an equity fund.
2 . Investing in this fund may expose investors to market, liquidity, volatility, exchange and developing countries risks as well as to risk of small and medium companies. Share price and currency volatility are
generally higher in developing markets. The use of financial derivative instruments for hedging and efficient portfolio management purposes may lead to exposure to credit risk of the issuer.
3 . The investment focus of the fund might give rise to increased risk over more diversified funds.
4 . 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.
5 . The investment decision is yours, but you should not invest in the product unless the intermediary who sells it to you has advised you that the product is suitable for you and explained why including how
buying it would be consistent with your investment objective.
Performance from 31/05/10 - 31/05/15
May 2015
Investment objective:
To seek long-term capital appreciation by
investing at least two thirds of assets in
equities issued by companies (i) Listed on the
authorised markets in Hong Kong and having
their domicile or substantial activity in Hong
Kong or the People’s Republic of China or (ii)
Not listed on the authorised markets in Hong
Kong but based in or having most of their
activities in the People’s Republic of China or
Taiwan. The fund’s total exposure (via both
direct and indirect investments) to China A
Shares and China B Shares will not be more
than 10% of its assets. Exposure to China A
Shares will mainly be through investing in
funds investing in China A Shares. Exposure
to China B Shares will mainly be through
direct investment in China B Shares.
Benchmark:
MSCI AC Golden Dragon Index
Cumulative performance
Portfolio
Benchmark
3 months
8.71%
10.57%
YTD
12.09%
16.34%
1 year
18.72%
24.16%
3 years
60.99%
66.10%
5 years
52.16%
67.15%
10 years
258.31%
179.93%
2013
11.37%
6.58%
2014
6.31%
7.72%
All performance figures are calculated in USD based on NAV to NAV with dividend reinvested.
Calendar year performance
Key data
Fund manager
Kenrick Leung
Fund size
USD 437.95mn
NAV per unit
USD 690.49
Class
A2U
Fund launch date
1 Jan 1986
Fund currency
USD
Unit class
Acc.Shs / Dis. Shs
ISIN code Acc. Shs
LU0823044523
ISIN code Dis. Shs
LU0823044879
Subscription fee
4.50% max.
Redemption fee
None
Switching fee
1.00% max.
Management fee
1.85% p.a. max.
Dealing date
Daily
Orders executed on forward pricing
Bloomberg ticker
AFGCAUC LX /
AFGCAUD LX
NAV publication
South China Morning Post
Portfolio
Benchmark
2010
11.38%
8.31%
2011
-21.34%
-17.18%
2012
21.82%
27.73%
All performance figures are calculated in USD based on NAV to NAV with dividend reinvested.
Top 10 companies
Taiwan Semiconductor
China Construction Bank-H
ICBC-H
Tencent Holdings
China Mobile
AIA
Ping An Insurance-H
CK Hutchison Holdings
Sun Hung Kai Properties
China Life Insurance-H
Sector breakdown
6.68%
6.10%
5.94%
5.05%
3.95%
3.91%
3.00%
2.18%
1.89%
1.86%
Risk indicators (over a 3-year period)
Annualised volatility
Tracking error
Information ratio
Sharpe ratio
11.66%
3.20%
-0.38
1.47
Source of statistical information: Amundi
All statistical information calculations are based on NAV.
Hong Kong Economic Journal
All information is as of 31 May 2015
unless otherwise specified.
For more information, please visit us at
www.amundi.com/hkg
Effective 16 April 2013, the reference indicator of the Fund was modified to "MSCI AC Golden Dragon" index from "Hang Seng" index. Effective 12 February 2013, holdings of Hong Kong sharesholders in the AU Class of the Fund were automatically
converted into share class A2U, which replicated the fee and costs structure applied in AU Class at that time. Prior to 12 February 2013, the performance of A2U share class of Amundi Funds Equity Greater China is that of AU share class of the
Sub-Fund. The AU share class is not authorized by the Commission in Hong Kong and not available to the public of Hong Kong. Effective 13 April 2012, the objectives and investment policy of the sub-fund was revised to precise the investment in China
“A” and “B” shares. Effective 24 June 2011, SGAM Fund/Equities China was merged into Amundi Funds Greater China, which has changed name to Amundi Funds Equity Greater China on the same effective date. Prior to 24 June 2011, the performance
of the Sub-fund is that of Amundi Funds Greater China. Effective 2 March 2010, CAAM Funds Greater China has changed name to Amundi Funds Greater China. The name of CA Funds Hong Kong was changed to CAAM Funds Greater China effective 1
November 2003, with a revised investment policy in order to include investments in Taiwan and China. CA Funds Hong Kong was a sub-fund created under the CA Funds umbrella that merged with the IAP-Hong Kong Fund on 7 April 2003. Performance,
from 7 April 2003 to 31 October 2003, is of the CA Funds Hong Kong. Prior to 7 April 2003, it relates to that of IAP-Hong Kong Fund.
The issuer of this document is Amundi Hong Kong Limited. This document and the mentioned website have not been reviewed by the Securities and Futures Commission in Hong Kong (the "SFC"). Investors should not only base on this document alone
to make investment decisions. Investment involves risk. The past performance information of the market, manager and investments and any forecasts on the economy, stock market, bond market or the economic trends of the markets which are targeted
by the fund(s) are not indicative of future performance. Investment returns not denominated in HKD or USD is exposed to exchange rate fluctuations. The value of an investment may go down or up. The offering document(s) should be read for further
details including the risk factors. The fund(s) may use financial derivatives instruments as part of the investment strategy and invest in securities of emerging markets or smaller companies, or fixed-income securities. This involves significant risks and is
usually more sensitive to price movements. The volatility of fund prices may be relatively increased. Issuers of fixed-income securities may default on its obligation and the fund(s) will not recover its investment. Additional risk factors are described in the
offering document(s). Investors are advised to be aware of any new risks that may have emerged in the prevailing market circumstances before subscribing the fund(s).
This document is not intended for citizens or residents of the United States of America or to any «U.S. Person» , as this term is defined in SEC Regulation S under the U.S. Securities Act of 1933 and in the Prospectus of the Fund.
ֱࣟႪ෻ߓ٨ഗ८
Օխဎഗ८
1 . ‫ء‬ഗ८᥆࣍ैปഗ८Ζ
2 . ‫ދ‬ᇷ‫ءڇ‬ഗ८ࢨᄎࢭ࠹ؑ໱Εੌ೯ࢤΕं೯ΕႪ‫܋‬Ε࿇୶խഏ୮֗խ՛ীֆ‫׹‬հଅᙠΖैปᏝ௑֗ຄኞհं೯ࢤ‫ڇ‬࿇୶խؑ໱ԫ౳ለ೏Ζሎ‫ش‬८ᘜ૜‫س‬ՠࠠ‫א‬ሒࠩኙ‫֗ޱ‬೏ய෷ጥ෻‫ދ‬ᇷิ‫ٽ‬հ‫ؾ‬ऱࢨ‫ױ‬౨Ꮑ૞
ࢭ࠹࿇۩೸ऱॾ၊ଅᙠΖ
3 . ഗ८ऱ‫ދ‬ᇷྡྷរ‫֧ױ‬ીᇠഗ८ઌኙ࣍ለ੡։ཋ‫ދ‬ᇷऱഗ८հଅᙠለՕΖ
4 . ‫ء‬ഗ८ऱᏝଖ‫ױ‬౨ᄎॺൄं೯Δ‫ױ׊‬౨‫ڇ‬࿍ழၴփՕ༏ՀၓΔ‫ދח‬ᇷृ፞࠹ૹՕჾ؈Ζ
5 . ຍਢ൞ଡԳऱ‫ދ‬ᇷެࡳΔೈॺංտᇠ‫ދ‬ᇷข঴࿯൞ऱ᥽ംբਐ‫נ‬ᇠข঴ᔞ‫ٽ‬൞‫ء‬Գ֗բ‫ٻ‬൞ᎅࣔᇠข঴‫ڕ‬۶ฤ‫ٽ‬൞ऱ‫ދ‬ᇷ‫ؾ‬ᑑΔ‫ܡ‬ঞ൞լᚨ‫ދ‬ᇷ࣍ᇠข঴Ζ
2015
31/05/10 - 31/05/15
5
Κ
ຘመലࠡ۟֟Կ։հԲᇷข‫ދ‬ᇷ࣍Հ٨ֆ‫׹‬࿇
۩հैปΔ༈‫ޣ‬९ᒵᇷ‫ء‬ᏺଖΔᇠ࿛ֆ‫׹‬Κ
)j* ࣍ଉཽᛧ඄ᦞؑ໱ՂؑΔ‫ࠡࢨچםုࠡ׊‬
‫׌‬૞ᄐ೭‫چ‬រ੡ଉཽࢨխဎԳ‫ا‬٥ࡉഏΙࢨ!
)jj*‫࣍آ‬ଉཽᛧ඄ᦞؑ໱ՂؑΔ‫א܀‬խဎԳ‫ا‬
٥ࡉഏࢨ‫؀‬᨜੡ഗ‫ࢨچ‬ၞ۩Օຝٝᄐ೭Ζ‫ء‬ഗ
८ኙխഏҝै֗խഏҞैऱ᜔‫ދ‬ᇷᠰΰຘመऴ
൷֗ၴ൷‫ދ‬ᇷαլ‫ױ‬၌ማࠡᇷขऱѾѽиΖኙ
խഏҝैऱ‫ދ‬ᇷ‫׌‬૞ਢຘመ‫ދ‬ᇷ࣍խഏҝै‫ދ‬
ᇷഗ८ΖኙխഏҞैऱ‫ދ‬ᇷঞ‫׌‬૞ຘመऴ൷‫ދ‬
ᇷ࣍խഏҞैΖ
Κ
MSCI AC Golden Dragon ਐᑇ
ഗ८
ਐᑇ
3ଡִ
8.71%
10.57%
‫۟ॣڣ‬վ
12.09%
16.34%
1‫ڣ‬
18.72%
24.16%
3‫ڣ‬
60.99%
66.10%
5‫ڣ‬
52.16%
67.15%
10‫ڣ‬
258.31%
179.93%
ࢬ‫ڶ‬।෼ᇷற‫א‬ભցΕᇷข෣ଖኙᇷข෣ଖΕैஒ٦‫ދ‬ᇷૠጩΖ
ഗ८ᆖ෻
ඩ٠഑
ഗ८๵ᑓ
437.95‫ۍ‬ᆄભց
‫ޢ‬໢‫ۯ‬ᇷข෣ଖ
690.49ભց
ᣊܑ
A2Uᣊܑ
ഗ८
2010
11.38%
2011
-21.34%
2012
21.82%
2013
11.37%
2014
6.31%
ഗ८‫ֲمګ‬ཚ
1986‫ڣ‬1ִ1ֲ
ਐᑇ
8.31%
-17.18%
27.73%
6.58%
7.72%
ഗ८ຄኞ
ભց
໢‫ۯ‬ᣊܑ
ีᗨैٝ0੔ஒैٝ
ISINᇆᒘีᗨैٝ
LU0823044523
ISINᇆᒘ੔ஒैٝ
LU0823044879
ᎁ᝜၄
່೏4.50%
ᦱ‫ڃ‬၄
ྤ
᠏ང၄!
່೏1.00%
ጥ෻၄
່೏‫ڣޢ‬1.85%
ᇷข෣ଖૠጩ᙮෷ ‫ֲޢ‬
ਐ‫אח‬ቃૠૡᏝֱ‫ڤ‬ച۩
༙໑‫ז‬ᇆ
AFGCAUC LX /
AFGCAUD LX
ࢬ‫ڶ‬।෼ᇷற‫א‬ભցΕᇷข෣ଖኙᇷข෣ଖΕैஒ٦‫ދ‬ᇷૠጩΖ
10
‫؀‬ᗨሽ
৬๻Ꭼ۩ЁҤ
ՠ೸Ꭼ۩ЁҤ
ᤴಛ൳ै
խഏฝ೯
֖߶অᙠ
խഏؓ‫ڜ‬ЁҤ
९ࡉ
ᄅពഗ‫چ‬ข
խഏԳኂЁҤ
6.68%
6.10%
5.94%
5.05%
3.95%
3.91%
3.00%
2.18%
1.89%
1.86%
)‫א‬3‫ڣ‬ཚૠጩ*
তဎ‫ڰ‬໴
‫ंڣ‬༏෷
11.66%
ॾ໴
༛૩ᎄ஁
3.20%
ᇷறֺ෷
-0.38
୙ཏਐᑇ
1.47
ࢬ‫ڶ‬ᇷறኲ۟2015‫ڣ‬5ִ31ֲΔೈॺ‫׼‬؆‫!ࣔع‬
Ζ
‫ڶ‬ᣂᇡൣΔᓮោᥦጻܿ www.amundi.com/hkg
อૠᇷறࠐᄭΚֱࣟႪ෻ᇷขጥ෻Ζ
ࢬ‫ڶ‬อૠᇷற݁௅ᖕᇷข෣ଖૠጩΖ
ൕԲሿԫԿ‫ڣ‬؄ִԼքֲದΔഗ८ऱ೶‫ە‬ਐᑑല‫ޏޓ‬੡!ψNTDJ!BD!Hpmefo!EsbhpoωਐᑇΔ‫זא‬ཙψ㠬‫س‬ωਐᑇΖൕԲሿԫԿ‫ڣ‬ԲִԼԲֲದΔଉཽैࣟ‫ڇ‬՗ഗ८ऱҝұᣊܑհैٝբ۞೯᠏ང۟ҝѿұᣊܑΔࠀආ‫ش‬
ፖҝұᣊܑᅝழऱ၄‫گ֗ش‬၄࿨ዌΖ‫ڇ‬ԲሿԫԿ‫ڣ‬ԲִԼԲֲছհ՗ഗ८ҝѿұᣊܑऱ।෼ࠉᖕֱࣟႪ෻ߓ٨ഗ८Օխဎഗ८ҝұᣊܑհ।෼ૠጩΔۖҝұᣊܑբॺᢞ጑ᄎᎁ‫ױ‬ऱഗ८ᣊܑ֗ࠡլ౨‫ٻ‬ଉཽֆฒ࿇ഇΖ
࣍ԲሿԫԲ‫ڣ‬؄ִԼԿֲದΔ՗ഗ८ऱ‫ދ‬ᇷ‫ؾ‬ᑑ֗ਙ࿜բᆖଥૡΔ‫ࣔא‬ᒔᎅࣔխഏψҝωै֗ψҞωैऱ‫ދ‬ᇷΖ࣍Բሿԫԫ‫ڣ‬քִԲԼ؄ֲΔऄᘋഗ८Яխഏैป๯ࠓԵֱࣟႪ෻ߓ٨ഗ८Օխဎഗ८ΖԲሿԫԫ‫ڣ‬ք
ִԲԼ؄ֲছհ՗ഗ८।෼ࠉᖕֱࣟႪ෻ߓ٨ഗ८Օխဎഗ८հ।෼ૠጩΖֱࣟႪ෻ҟҝҝҩߓ٨ഗ८Օխဎഗ८࣍Բሿԫሿ‫ڣ‬ԿִԲֲ࣐‫ټ‬੡ֱࣟႪ෻ߓ٨ഗ८Օխဎഗ८Ζ‫ط‬ԲሿሿԿ‫ڣ‬ԼԫִԫֲದΔֱࣟႪ෻
ҟҝߓ٨ഗ८Ёଉཽഗ८࣐‫ټ‬੡ֱࣟႪ෻ҟҝҝҩߓ٨ഗ८Օխဎഗ८Δۖ‫ދ‬ᇷਙ࿜ٍᆖଥૡΔ‫౏א‬Ե‫؀‬᨜֗խഏ‫ދ‬ᇷΖֱࣟႪ෻ҟҝߓ٨ഗ८Ёଉཽഗ८ԯҟҝߓ٨ഗ८ໆ՗ഗ८዁Հհॵ᥆ഗ८Δ‫ڼ‬ഗ८࣍Բሿሿ
Կ‫ڣ‬؄ִԮֲፖֱࣟႪ෻ࠅ੊ิ‫ٽ‬ഗ८Ёଉཽ‫ࠓٽ‬Ζ‫ط‬ԲሿሿԿ‫ڣ‬؄ִԮֲ۟ԲሿሿԿ‫ڣ‬ԼִԿԼԫֲհ।෼੡ֱࣟႪ෻ҟҝߓ٨ഗ८Ёଉཽഗ८հ।෼ΖԲሿሿԿ‫ڣ‬؄ִԮֲছհ।෼᥆ֱ࣍ࣟႪ෻ࠅ੊ิ‫ٽ‬ഗ८Ё
ଉཽΖ
‫֮ء‬ԯ‫ֱࣟط‬Ⴊ෻ᇷขጥ෻ଉཽ‫ૻڶ‬ֆ‫׹‬ᒳ፹Ζ‫֗༼ࢬ֮֗ء‬հጻీࠀ‫آ‬൓ࠩଉཽᢞࠦ֗ཚຄࠃ೭጑ኘࡡ୉ᄎΰψᢞ጑ᄎωαऱᐉᔹΖ‫ދ‬ᇷृլ‫ױ‬໢ᔾ‫ދנ܂֮ۖء‬ᇷެࡳΖ‫ދ‬ᇷ௫֗ଅᙠΖؑ໱Εഗ८ᆖ෻‫ދ֗א‬ᇷ
ऱመ࢓।෼֗ٚ۶ഗ८‫ދ‬ᇷऱᆖᛎؑ໱ΕैؑΕ႘ؑࢨᆖᛎ᝟Ⴈቃྒྷࠀॺലࠐ।෼ࠉᖕΖ‫ދ‬ᇷ‫ڃ‬໴‫ཽॺא‬ցࢨભց੡໢‫ױۯ‬౨‫ڂ‬Ⴊ෷ं೯ۖ‫ދח‬ᇷ᜔ଖՀၓࢨՂ֒Ζ‫ދ‬ᇷ‫ױ‬ၓ‫֒ױ‬Δ‫ދ‬ᇷृ‫ؘ‬ႊᔹᦰᔭഇ֮ٙ‫࠷א‬൓‫ޓ‬
ᇡጐᇷறΔ֠ࠡᅝխࢬ٨ሉ‫ދ‬ᇷଅᙠհຫ૪Ζഗ८ࢨ‫ױ‬౨‫ދ‬ᇷ࣍८ᘜ૜‫س‬ՠࠠΔ‫܂‬੡ࠡ‫ދ‬ᇷ࿜ฃऱࠡխԫຝٝΔٍ‫ױڶ‬౨‫ދ‬ᇷ࣍ᄅᘋؑ໱Ε՛ীֆ‫׹‬࿛ᢞࠦࢨࡐࡳ‫گ‬墿ᢞࠦΖຍᣊী‫ދ‬ᇷᄎ௫֗ለՕ‫ދ‬ᇷଅᙠΔኙᏝ௑
ߨႨٍᄎለ੡ඕტΖഗ८Ꮭ௑ऱं೯ࢤઌኙٍᄎᏺ‫ף‬Ζࡐࡳ‫گ‬墿ᢞࠦհ࿇۩Գ‫ױ‬౨ྤऄᐌ۩ࠡᆠ೭֗‫ڶ‬ᣂഗ८ྤऄ‫ދࠡڃگ‬ᇷΖᔭഇ֮ٙփ‫ڍޓڶ‬ଅᙠ‫ైڂ‬հຫ૪Ζ‫ދ‬ᇷृ‫ؘ‬ႊఎრԫࠄ‫ڂ‬ᅝழؑ໱ൣउۖข‫س‬ऱᄅଅ
ᙠΔֱ‫ࡳެױ‬ᙇ᝜‫ڶ‬ᣂഗ८Ζ
‫֮ء‬լᚵ༼ࠎ࣍ભഏֆ‫ا‬Εભഏࡺ‫ࢨا‬ٚ۶௅ᖕભഏѾ҆ҀҀ‫ࠦဳڣ‬ऄՀऱ๵ঞүࢨഗ८ᎅࣔ஼խࢬࡳᆠऱψભഏԳՓωΖ