Big Amundi vol fund celebrates fifth anniversary with another positive year


An Amundi fund which is the fourth largest fund in the Absolute UCITS database, with assets of $2.9 billion at the end of September 2011, is celebrating its fifth anniversary.

The Luxembourg-domiciled Amundi Funds Absolute Volatility Euro Equities has had a cumulative performance of 55% since its launch in November 2006, which represents an annualised return of 9%. Year-to-date to October 2011, the fund was up more than 1%; last year the fund was up 7.6%; and its best year so far was in 2008 when it returned 23.5%.

Volatility is a particularly attractive asset class in today’s