Amundi Alapkezelő launched an investment fund under the name of My Portfolio Fund of Funds, partially replacing portfolio management1. The new fund offers its investors a solution similar to portfolio management: it does not follow fixed bond-equity market ratios but adjusts their investments to the currently relevant market expectations.
The potential risks are described in detail in the official and currently effective Management Regulation and Key Investor Information (KIID) approved by the National Bank of Hungary. Please study all potential risks to the fund in these documents before making an investment decision!
In addition to the risks indicated in the KIID, macroeconomic risks and inflation and market interest rate risks, as well as foreign exchange rate fluctuation risks, should be emphasised among the risks. These risks are described in detail in Section 26 of the Management Regulation.
Considering that the fund works as a Fund of Funds investment scheme, the total costs charged to the product may be higher than the costs of investment funds that follow a strategy with similar risks and similar investments, but do not function as a fund of funds.
Enjoy the advantages of the Premium Banking service with a personal investment advisory service if you have more than HUF 5 million in savings2 or receive HUF 300,000 in regular income at UniCredit Bank.
The distributor of the investment units of MyPortfolio Fund of Funds (“Fund) is UniCredit Bank Hungary Zrt. (operating licence No.: I-1523/2003.), a member of the Budapest Stock Exchange. The Fund manager is Amundi Alapkezelő Zrt. (operating licence No.: III/100.001-5/2002., and III/100.001-6/2003. H-EN-III-1120/2012., and H-EN-III-136/2014). Pursuant to Act CXX of 2001 on the capital market and Act XVI of 2014 on collective investment trusts and their managers and the amendment of certain acts on financing, this information constitutes commercial communication while, pursuant to Act CXXXVIII of 2007 on investment firms and commodity dealers and on the regulations governing their activities, it qualifies as advertising. This commercial communication does not provide full