Amundi Sa · EURONEXT:AMUN
Amundi Sa — Investor Presentation (February 2019)
24 slides from Amundi Sa's investor presentation, February 2019
Slide 1: Merger of Luxembourg Flagship Umbrellas
February 2019 Merger of Luxembourg Flagship Umbrellas Summary Presentation For Professional Clients Only Marketing Material Subject to regulatory approval
Slide 2: Project Rationale, Target Range Overview, Target Range Implementation, Appendix
1. Project Rationale 2. Target Range Overview 3. Target Range Implementation 4. Appendix Page 2 I Luxembourg Flagship Umbrellas Merger I For Professional Clients Only I Subject to regulatory approval I February 2019
Slide 3: Project Rationale
01 Project Rationale Page 3 I Luxembourg Flagship Umbrellas Merger I For Professional Clients Only I Subject to regulatory approval I February 2019
Slide 4: Luxembourg Flagship Umbrellas: Merger - Project Summary
Luxembourg Flagship Umbrellas: Merger What: Project Summary Following the acquisition of Pioneer Investments by Amundi Asset Management in 2017, we have embarked on a multi-stage integration and convergence process. We are now proceeding to the product integration phase, aiming to deliver an outstan
Slide 5: Luxembourg Flagship Umbrellas: Merger - Selection and Benefits
Luxembourg Flagship Umbrellas: Merger Why: Selection and Benefits Fund Selection: In defining the target flagship range, we selected “best in class” funds from a pool of over 150 funds according to performance, fund size, fund characteristics, market potential and investor requirements. The resultin
Slide 6: Target Range Overview
02 Target Range Overview Page 6 I Luxembourg Flagship Umbrellas Merger I For Professional Clients Only I Subject to regulatory approval I February 2019
Slide 7: Target Range: Overview
Target Range: Overview Highlights The target product range covers the needs of both retail and institutional clients and is well distributed between asset classes: Equity Fixed Income Solutions Smart Beta & Other Total 24 33 22 13 92* Strong AUM figures: − After the merger over 48 sub-funds should h
Slide 8: Target Range: Breakdown
Target Range: Breakdown Traditional Asset Class Region 2 Alternative 2 Emerging Markets 10 2 9 2 13 2 14 Convertibles Europe Equity Eurozone 21 32 35 Fixed Income Global Money Market 35 5 Japan Multi-Asset - Allocation U.S. Allocation Emerging Markets Inv. Objective 24 24 Alpha - Equity Alpha - Fixe
Slide 9: Target Range Implementation
03 Target Range Implementation Page 9 I Luxembourg Flagship Umbrellas Merger I For Professional Clients Only I Subject to regulatory approval I February 2019
Slide 10: Target Range: Implementation Scenarios
Target Range: Implementation Scenarios Two scenarios for an existing sub-fund to be included in the target range: 1. Existing Amundi Funds’ sub-funds 51 existing sub-funds will be kept in target range. Of these, 39 sub-funds will change name to match the target range’s new naming convention. The new
Slide 11: Merger Timeline
Merger Timeline Lead-up to June merger Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 Post-merger Amundi Funds Merger Notice filing Notice Mailings 3rd Party readiness/ Distributor prospectus filing with Regulator approvals Distributor Distributor Support Support empty ‘shells’ + Registrations Communicaton
Slide 12: Merger Month: Big Bang Mergers
Merger Month: Big Bang Mergers Mergers over 4 consecutive June weekends The June “Big Bang” Mergers will be carried out over 4 consecutive June weekends. This approach was chosen to minimise disruption to our clients. Embargos on Merging Funds Merger Weekends Action Amundi Funds’ feature changes at
Slide 13: Appendix
04 Appendix Page 13 I Luxembourg Flagship Umbrellas Merger I For Professional Clients Only I Subject to regulatory approval I February 2019
Slide 14: Merger Month: First Merger Weekend
Merger Month: First Merger Weekend 01 June to 02 June 2019 What is happening? 1. Changes at Umbrella Level: Amundi Funds − 39 Amundi Funds’ Sub-Funds will change name − Share Class Restructuring with 350 share class letter changes − Share Class Repricing 2. 11 Rationalisation* Mergers − Five Amundi
Slide 15: First Merger Weekend Sub-Fund Mergers
Merger Month: First Merger Weekend 11 Sub-Fund Mergers Merging Sub-Funds Target Sub-Funds Amundi Funds Bond Europe Amundi Funds Euro Aggregate Bond Amundi Funds Convertible Conservative Amundi Funds Convertible Europe Amundi Funds Equity India Infrastructure Amundi Funds SBI FM Equity India Amundi F
Slide 16: Merger Month: Second Merger Weekend
Merger Month: Second Merger Weekend 08 June to 10 June 2019** What is happening? 1. Amundi SICAV II umbrella stops existing as an active vehicle − 20 Amundi SICAV II sub-funds liquidate via merger into Amundi Funds shells* − 3 Amundi SICAV II sub-funds liquidate via merger into existing Amundi Funds
Slide 17: Second Merger Weekend Sub-Fund Mergers
Merger Month: Second Merger Weekend 23 Sub-Fund Mergers Merging Sub-Fund Target Sub-Fund Amundi Funds II - Global Ecology Amundi Funds Global Ecology ESG New Name Amundi Funds II - Euroland Equity Amundi Funds Euroland Equity Amundi Funds II - European Potential Amundi Funds European Equity Small Ca
Slide 18: Merger Month: Third Merger Weekend
Merger Month: Third Merger Weekend 15 June to 16 June 2019 What is happening? 1. Amundi Funds II shell* mergers − 21 Amundi Funds II sub-funds merge into their Amundi Funds shells*, which subsequently launch via merger. *A shell is an empty sub-fund (not yet launched) in the Amundi Funds prospectus,
Slide 19: Third Merger Weekend Sub-Fund Mergers
Merger Month: Third Merger Weekend 21 Sub-Fund Mergers Merging Sub-Fund Target Sub-Fund New Name Amundi Funds II - Pioneer U.S. Research Value Amundi Funds Pioneer US Equity Research Value Amundi Funds II - China Equity Amundi Funds China Equity New Name Amundi Funds II - Pioneer Global Select Amund
Slide 20: Merger Month: Fourth Merger Weekend
Merger Month: Fourth Merger Weekend 22 June to 23 June 2019 What is happening? 1. 9 Rationalisation* Mergers − Eight Amundi Funds’ sub-funds merge away − One Amundi Funds II sub-fund merges away. *The merging sub-fund is liquidated via merger and its assets are transferred to the target sub-fund. 2.
Slide 21: Fourth Merger Weekend Sub-Fund Mergers
Merger Month: Fourth Merger Weekend 9 Sub-Fund Mergers Merging Sub-Funds Target Sub-Funds Amundi Funds II - Pioneer North American Basic Value Amundi Funds Pioneer US Equity Research Value Amundi Funds Bond Global Emerging Local Currency Amundi Funds Emerging Markets Local Currency Bond Amundi Funds
Slide 22: Important Information
Important Information On the 16 February 2018, Pioneer Funds was renamed Amundi Funds II. Prior to 16 February 2018 the name of the sub-fund was with the prefix “Pioneer Funds”. This material is provided to Professional Clients, including financial intermediaries, and is not intended for and should
Slide 23: Important Information
Important Information In the UK, this document is approved for distribution by Amundi Asset Management London Branch), 41 Lothbury, London, EC2R 7HF. Amundi Asset Management is a portfolio management company authorised by the Autorité des Marchés Financiers in France and its London Branch is subject
Slide 24: Important Information
Important Information In Austria the paying agents for Funds registered for public distribution in are, in respect of Amundi Funds II and Amundi Fund Solutions: UniCredit Bank Austria AG, Schottengasse 6-8, A-1010 Vienna Amundi Funds: Meinl Bank Aktiengesellschaft, Bauernmarkt 2, A-1010 Vienna; Firs