cqag

CQ Armenia Growth Fund - CQ AGF Relative volatility Medium
Net asset value 19.17 billion
NAV per Share 1359.7545
Average annual return 6.7%
Year to date return 7.2%
Volatility 4.25%

Overview

CQ Armenia Growth (CQAG) investment fund is designed to achieve long-term capital growth by investing in a mix of asset classes, including stocks, bonds, and deposits. The fund's investment strategy is guided by safety, diversification, rebalancing, and liquidity management principles, ensuring robust risk management. Investment in the CQAG fund is an opportunity to have a diversified portfolio and gain exposure to local and international capital markets. 

The Fund invests up to 25% of its assets in equities, equity funds, and equity-like instruments. The remainder is invested in fixed-income, including government and corporate bonds, deposits, and fixed-income funds. The Fund's strategy mirrors that of the C-Quadrat Ampega Conservative (CQCON) pension fund.   

Performance

Since inception 3 Years 1 Year
Share Class A
Since inception 3 Years 1 Year 3 Months Year to date
Share Class A
2023 2022 2021 2020 2019
Share Class A
Fund name Share class NAV per Share Fund performance
Weekly Year to date Trailing 12 months Previous years
Last 3 years (average annual) Last 5 years (average annual) Average annual return
CQ Armenia Growth Fund A 1359.7545 0.8236% 7.2491% 14.6213% 16.4649% 5.2384% - 6.6665%
CQ Armenia Growth Fund B 1346.2442 0.8216% 7.1377% 14.3950% 16.2346% 5.0314% - 6.5088%

Past performance does not constitute any reliable indicator of future performance. Every capital investment bears a risk.  

Fund performance data assumes the reinvestment of any distributions and is net of fees and costs on behalf of the fund. 

Key Facts & Figures

  • Fund full name
    “C-QUADRAT Ampega Asset Management Armenia” Limited Liability Company’s “CQ Armenia Growth” Investment Fund
  • Fund short name
    CQ Armenia Growth Fund
  • Fund manager company
    "C-QUADRAT Ampega Asset Management Armenia" LLC
  • Fund managers
    Arman Kirakosyan
    Petros Margaryan
  • Fund advisory
    "Impact Asset Management" GmbH
  • Fund auditor
    "KPMG Armenia" LLC
  • Fund administrator
    "Raiffeisen Bank International AG"
  • Fund custodian and registry keeper
    "Central Depositary of Armenia" OJSC
  • Fund bank
    "HSBC Bank Armenia" CJSC
  • Fund type
    Public, open, standard, contractual investment fund
  • Fund currency
    AMD
  • Minimum initial investment
    Class A: AMD 250M
    Class B: Private individuals AMD 100,000
    Legal entities AMD 3M
  • Fund inception date
    09/10/2019
  • Management fee
    Class A: 0.95% p.a., Class B: 1.15% p.a.
  • Subscription fee
    0%
  • Redemption fee
    0% for AMD 10M per month
    2% for ≤ 730 days; 0% ≥ 731 days
    for exceeding AMD 10M 
  • Depositary fee
    0.15% p.a.
  • Profit tax
    0.01% p.a.
  • Fund manager's share
    0.33%
  • Financial year
    01.01-31.12

Portfolio

Asset Allocation
Local government bonds  48.55%
Equities  24.48%
Local corporate bonds  11.66%
Foreign Fixed income  8.59%
Term Deposits and Cash  6.48%
Alternative Investments  0.23%
  • Financial
    22.95%
  • Government
    50.13%
  • Consumer, non-cyclical
    1.73%
  • Energy
    0.94%
  • Materials
    1.03%
  • Communication
    2.47%
  • Consumer, Cyclical
    2.97%
  • Utilities
    0.76%
  • Industrial
    2.80%
  • Technology
    7.08%
  • Health Care
    4.06%
  • Other
    3.10%
  • AMD
    63.92%
  • USD
    25.41%
  • EUR
    4.18%
  • JPY
    1.30%
  • GBP
    1.18%
  • CHF
    0.51%
  • INR
    0.40%
  • CAD
    0.39%
  • AUD
    0.19%
  • Other
    2.51%
Europe
  • Armenia
    65.44%
  • France
    0.98%
  • Germany
    0.84%
  • United Kingdom
    1.20%
  • Netherlands
    0.49%
  • Spain
    0.36%
  • Switzerland
    0.35%
  • Italy
    0.31%
  • Sweden
    0.12%
  • Ireland
    0.04%
  • Belgium
    0.04%
  • Denmark
    0.57%
  • Finnland
    0.06%
  • Luxembourg
    1.49%
  • AAA
    1.63%
  • AA
    1.94%
  • A
    3.74%
  • BBB
    3.17%
  • BB
    6.10%
  • B
    53.08%
  • NR
    30.34%

Some assets are not rated by a credit rating agency. The absence of a credit rating does not imply poor credit quality. Please be aware that credit ratings for certain assets, like equities, are not applicable.


  • 0 -1 years
    8.42%
  • 1 - 3 years
    17.50%
  • 3 -5 years
    3.89%
  • 5 -7 years
    2.60%
  • 7 - 10 years
    27.31%
  • 10 - 20 years
    5.57%
  • > 20 years
    9.02%
  • N/A
    25.70%
As of - 28-June-2024

Annual Financial Statements

2019 2020 2021 2022 2023
Share Class A
Share Class B
Last updated: 11-July-2024 00:00