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Amundi Global Macro 2 - I (C)

Ranked 68 out of 85 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Lionel Pigeon

David Ric

David Ric has over 10 years of experience in fixed income markets with a proven track record of global macro investing. He joins Amundi from Blackrock, where he was responsible for rates strategies across institutional total return G10 currency, euro and sterling denominated portfolios. Previously he was a portfolio manager at UBS Global Asset Management and a market specialist for Fisher Francis Trees and Watts. David started his career in 1998 as a financial journalist at Finanz und Wirtschaft Ag in Zurich before joining JP Morgan Chase & Co as a Financial Analyst in 2001. A CFA charter holder, he holds an MSc in Finance from the University of Zurich.

Objective

The investment objective of the UCITS is identical to that of the master fund AMUNDI FUNDS GLOBAL MACRO BONDS & CURRENCIES LOW VOL whose objective is to offer a positive return whatever the market conditions (absolute performance strategy). In particular, the sub-fund seeks to outperform (after deduction of applicable fees) the EONIA index (capitalized daily) over a given period of 1 year, following controlled exposure to risks. As an indication, taking into account the risk profile, the return should exceed EONIA by 1% per year (Before deducting applicable fees). The sub-fund seeks to maintain the level of ex-post volatility of returns between 1% and 2%, and the sub-fund's risk spread is managed via ex-ante weekly volatility of returns ranging from 0% to 0.25%.

Showing fund performance in Bahrain View performance globally

Performance

Bond Strategies over : 31/08/2017 - 31/08/2018
  • Rank 68/85 Total Return
  • Rank 60/85 Standard Deviation
  • Rank 61/85 Max Drawdown
Fund Name Currency Return
66 Invesco Unconstrained Bond Fund A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.4%

67 Parvest Bond Absolute Return V700 N Cap EUR

-3.4%

68 Amundi Global Macro 2 - I (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

69 Amundi Fds Glb Macro Bonds & Ccy Low Vol - AE (C) EUR

-3.8%

70 Threadneedle (Lux)-Global Opportunities Bond AEH

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.0%

Fund Name Currency Risk
58 PARVEST Bond Absolute Return V350 Classic Cap EUR EUR

2.4

59 La Francaise Multistrategies Obligataires I

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

60 Amundi Global Macro 2 - I (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

61 Amundi Fds Glb Macro Bonds & Ccy Low Vol - AE (C) EUR

2.7

62 Lazard Gestion Flexible Obligataire A EUR

3.0

Fund Name Currency Loss
59 Hedge Invest Numen Credit EUR I Initial EUR

-3.7%

60 Neuberger Berman Global Bd Abs Ret EUR I Acc EUR

-3.9%

61 Amundi Global Macro 2 - I (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.0%

62 Invesco Unconstrained Bond Fund A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.2%

63 Amundi Fds Glb Macro Bonds & Ccy Low Vol - AE (C) EUR

-4.2%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.1% -2.1%
2017 0.2% -0.1% 0.2% 0.2% -0.1%
2016 -0.6% -0.1% -0.1% -0.2% -0.2%
2015 -0.2% 0.3% -0.3% -0.1% 0.0%
2014 0.4% 0.1% 0.0% 0.7% -0.4%
2013 1.6% 0.9% 0.6% -0.3% 0.5%
2012 1.7% 0.6% -0.1% 0.5% 0.7%
2011 -3.8% 0.4% -0.8% -3.2% -0.2%
2010 0.7% 1.0% -1.1% 0.9% -0.2%
2009 10.8% 3.0% 3.2% 3.1% 1.2%
2008 -1.6% -0.5% 1.4% -1.4% -1.2%
2007 2.3% 0.9% 1.2% -0.3% 0.5%
2006 4.0% 1.1% 0.2% 0.9% 1.8%
2005 3.8% 1.3% 0.5% 1.1% 1.0%
2004 3.4% 0.5% 0.9% 0.5% 1.5%
2003 4.4% 1.1% 1.3% 1.0% 0.9%
2002 4.9% 1.0% 1.5% 0.8% 1.6%
2001 7.1% 2.5% 1.6% 1.2% 1.7%
2000 7.3% 0.7% 1.3% 2.7% 2.4%
1999 1.3% 0.7% 0.6% -0.3% 0.3%
1998 10.9% 4.0% 1.6% 1.9% 2.9%
1997 8.6% 1.4% 1.9% 3.2% 1.8%
1996 13.0% 2.0% 1.6% 5.3% 3.4%
1995 6.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2018

Top 10 Holdings

Stock Size
Amundi Fds Glb Macro Bonds & Ccy Low Vol - OR (C) 100.06%
EUR Cash 0.04%
NZD Cash 0.00%
AUD Cash 0.00%
MXN Cash 0.00%
31/05/2018

Registered For Sale In

  1. France
  2. Greece
  3. Spain

Fund Info

  • Launch date21/01/1994
  • Share Class size40Mn
  • Base currency
  • ISIN FR0007477146
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment5
  • Min. regular additional investment5

Charges

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).