Amundi Funds Equity Global Agriculture - ACE Life Hong Kong

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Amundi Funds Equity Global Agriculture - ACE Life Hong Kong

Amundi FundsEquity Global Agriculture1. This is an equity fund.2. Investing in this fund may expose investors to market, volatility, exchange and developing countries risks as well as to risk of small and medium companies. The fund may be exposed to restructuring andsingle sector companies and may involve a higher degree of risk. The use of financial derivative instruments for hedging and efficient portfolio management purposes may lead to exposure to credit risk of theissuer.3. The investment focus of the fund might give rise to increased risk over more diversified funds.4. The value of the fund can be extremely volatile and could go down substantially within a short period of time. It is possible that your investment value could suffer substantial loss.5. The investment decision is yours, but you should not invest in the product unless the intermediary who sells it to you has advised you that the product is suitable for you and explained why including howbuying it would be consistent with your investment objective.December 2011Investment objective:To seek long-term capital growth by investingprincipally in equities issued by companiesworldwide active in the farming sectors(including producers of cereals, fruits,vegetables, fertilizer, system of irrigation and/or agrarian equipment, animal husbandry,transport, stocking and/or trade of farmproduce).Benchmark:S&P Global Agribusiness Equity net totalreturnKey dataFund managerFund sizeNicolas FragneauUSD 172.90 mnNAV per unit USD 79.64ClassAUFund launch date 04 Mar 2008Fund currencyUSDOther dealing currency EUR/GBPUnit classISIN code Acc. ShsISIN code Dis. ShsSubscription feeRedemption feeSwitching feeManagement feeDealing dateAcc. Shs / Dis. ShsLU0347595026LU03475952994.50% max.None1.00% max.1.70% p.a.DailyOrders executed on forward pricingBloomberg ticker CAMGLAC LX /CAMGLCD LXNAV publicationSouth China Morning PostHong Kong Economic JournalAll information and comments as of31 December 2011 unless otherwise specified.For more information, please visit us atwww.amundi.com/hkgPerformance from 04/03/08 – 31/12/111201008060402003/08 06/08 09/08 12/08 03/09 06/09 09/09 12/09 03/10 06/10 09/10 12/10 03/11 06/11 09/11 12/11Cumulative performancePortfolio (Acc. shares)3 months YTD 1 year 3 years 5 yearsSince4 Mar 2008Portfolio 8.00% -13.96% -13.96% 65.57% N/A -20.36%Benchmark 7.05% N/A N/A N/A N/A N/AAll performance figures are calculated in USD based on NAV to NAV with gross income accumulated.Calendar year performance2006 2007 2008 2009 2010Portfolio N/A N/A -51.90% 61.02% 19.51%Benchmark N/A N/A N/A N/A N/AAll performance figures are calculated in USD based on NAV to NAV with gross income accumulated.Top 10 holdingsPotash Corp of Saskatchewan 5.94%Brf Brasil Foods Sa 5.86%Monsanto Co 4.72%Golden Agri Resources Ltd 4.61%Mosaic Co/the 4.52%Tyson Foods Inc 4.06%Wilmar International Ltd 4.01%Uralkali 3.75%Deere & Co 3.29%Associated British Foods Plc 3.13%Risk indicators (over a 3-year period)Annualised volatility 24.55%Tracking errorN/AInformation ratioN/ASharpe ratio 0.75Source of statistical information: AmundiAll statistical information calculations are based upon NAV.Sector breakdownConsumer staples 52.82%MaterialsIndustrialsConsumer discretionaryOthers & cashPortfolioUSAAsia (ex Japan)Emerging markets (ex Asia)CanadaUnited KigdomNorwaySwitzerlandGermanyJapanNetherlandsOthers & cash1.40%9.06%2.09%Geographical breakdownBenchmark2.60%34.63%19.57%17.59%9.35%4.58%2.82%2.20%2.00%1.77%1.40%36.12%PortfolioBenchmarkChanges that may impact Fund performance: Effective 21 May 2011, a reference indicator ‘S&P Global Agribusiness Equity net total return’ was added. Effective 12 December 2008, CAAM Funds Global Food & Healthcare was mergedinto CAAM Funds Global Agriculture.Effective 24 June 2011, Amundi Funds Global Agriculture has changed name to Amundi Funds Equity Global Agriculture. Effective 2 March 2010, CAAM Funds Global Agriculture has changed name to Amundi Funds Global Agriculture.The issuer of this document is Amundi Hong Kong Limited. This document has not been reviewed by the Securities and Futures Commission in Hong Kong (the “SFC”). Investors should not only base on this document alone to makeinvestment decisions. Investment involves risk. The past performance information of the market, manager and investments and any forecasts on the economy, stock market, bond market or the economic trends of the markets which aretargeted by the fund(s) are not indicative of future performance. Investment returns not denominated in HKD or USD is exposed to exchange rate fluctuations. The value of an investment may go down or up. The offering document(s) shouldbe read for further details including the risk factors. The fund(s) may use financial derivatives instruments as part of the investment strategy and invest in securities of emerging markets or smaller companies, or fixed-income securities. Thisinvolves significant risks and is usually more sensitive to price movements. The volatility of fund prices may be relatively increased. Issuers of fixed-income securities may default on its obligation and the fund(s) will not recover its investment.Additional risk factors are described in the offering document(s). Investors are advised to be aware of any new risks that may have emerged in the prevailing market circumstances before subscribing the fund(s).

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