Amundi Funds Asian Income

Asset class /
Geographical area : Fixed Income / Asia
Benchmark : 100% HSBC ASIAN USD BOND INDEX
Minimum recommend investment period : 5 years
Risk level
from 1 (low) to 10 (high) :

Launch date01/04/1987

Data as of 02 September 2010

Reference Currency : USD

Other dealing currency : EUR

Net assets (in M) : 19.67

NAV : 17.25

Country of registration : Austria, Belgium, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Luxembourg, Macao, Netherlands, Norway, Singapore, Spain, Sweden, Switzerland, United Kingdom

Performance
NAVs
Management
Key features
News & Publications


Start Date	End Date
or time period	Currency

Performance from 06 September 2005 to 02 September 2010 ( USD )

Amundi Funds Asian Income - S ( 23.57% over the period)

100% HSBC ASIAN USD BOND INDEX ( 50.31% over the period)

Sliding performance as of 02 September 2010 ( USD )
	YTD	1 week *	1 Month *	1 Year *	3 Years *	5 Years *
Fund	10.22%	-0.29%	2.43%	16.55%	13.79%	23.74%
Benchmark	11.60%	-0.20%	2.55%	16.64%	36.04%	50.07%

Calendar performance ( USD )
	2006	2007	2008	2009
Fund	8.39%	-0.52%	-22.69%	32.40%
Benchmark	7.19%	5.51%	-6.50%	25.42%

Risk indicators as of 02 September 2010
	1 Year	3 Years	5 Years
Volatility (Volatility)	3.48% (3.11%)	8.64% (8.73%)	6.89% (6.97%)
Tracking Error Ex Post	2.18%	6.21%	5.00%
Information Ratio	-0.04	-1.03	-0.82
Sharpe ratio	4.72	0.40	0.28

* Rolling performance : for funds that have been launched since less than 1 year or 3 years or 5 years, the performance showed in the table in the 1 year or 3 years or 5 years column is the performance since incentive of the fund.

All performance figures are calculated in your selected currency based NAV to NAV with gross income accumulated.

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 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.

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 (predominantly Datastream).

The exchange rates used to convert the benchmark and investment funds are the rates published by WM/Reuters at 16:00 (London time) on the last day of the month.


Start Date	End Date
or time period	Frequency	Currency

NAV in USD as of 08/23/2010 to 09/02/2010
Dates	NAV C/D	Net assets (in M)
09/02/2010	17.25	19.67
09/01/2010	17.26	19.67
08/31/2010	17.25	19.48
08/30/2010	17.24	19.46
08/27/2010	17.22	19.44
08/26/2010	17.30	19.50
08/25/2010	17.31	19.52
08/24/2010	17.28	19.48
08/23/2010	17.26	19.45

Value as of 02 September 2010
	USD	EUR
Net assets (in M)	19.67	15.33
NAV	17.25	13.45
Last coupon paid on 04/13/1999	0.75	0.70

Management comment

Asian bonds rallied massively in the month of July, led by high yield bonds as well as USD-denominated government bonds in Indonesia and the Philippines. The rally came as more investors looked to increase yield and risk in their portfolios. Global equity markets also strengthened during the month. Global central banks are unlikely to raise interest rates anytime soon, thereby creating a low interest rate and low inflationary environment, which was ideal for risk taking. Also many global investors bought Asian USD bonds to diversify from their usual holdings in emerging market bonds in Eastern Europe and Latin America. We remain positive on Asian USD bonds in the medium term. On the currency front, we remain long Asian currencies and short the EUR and the JPY.

Management guidance

To maximise total investment returns by investing principally in debt instruments issued by Asian governements and corporates and denominated mainly in USD.

General information
Launch Date	04 January 1987
Legal domicile	SICAV
Manager	CHIA Patrick
Management Company	Amundi Luxembourg SA
Custodian	CACEIS BANK LUXEMBOURG
Asset class	Fixed Income
Country of registration :	Austria , Switzerland , Germany , Spain , Finland , France , Greece , Italy , Luxembourg , Netherlands , Norway , Singapore , Sweden , Ireland , United Kingdom

Conditions and fees
Valuation	Daily
Maximum subscription fee	3.00%
Max. annual management fees (incl.taxes)	1.00 IAT
1st subscription minimum	1.0 in thousandths of a share(s)
Reference Currency	USD
Other currencies	EUR

List of codes
	C/D
ISIN	LU0119089349
BLOOMBERG	CAASIAS LX
REUTERS	LP60057004

Publications

Document	Date updated	Size
Prospectus	2010-08-27	110 KB
Monthly Factsheet	2010-08-23	84 KB
Semi-Annual report	2009-02-26	1673 KB
Annual Report	2009-11-02	2906 KB

Disclaimers

Prices expressed in a currency other than the base currency of the portfolio are available for information purposes only.
Nothing contained in this site constitutes a solicitation or offer by any member of the 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.

Institutional Sub-Class (Sub-Class I): Shares of this sub-class are only available to institutionals 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): Share of this sub-class are available to all investors. There is no minimum investment requirement in this sub-class.
Source : Amundi