PRIVATE BANKING

Investment funds – CMG

CMG (Compagnie Monégasque de Gestion)
Funds valutation

Compagnie Monégasque de gestion

The Compagnie Monégasque de Banque group offers Monegasque investment funds managed by its specialised subsidiary, Compagnie Monégasque de Gestion.

Compagnie Monégasque de Gestion's range of funds provides an optimal investment support and enables to structure and manage a client’s portfolio depending on both financial objectives and the willingness to accept more or less volatile financial instruments.

Compagnie Monégasque de Gestion's investment funds satisfy:

• Short-term investment objectives (less than one month recommended investment horizon)
• Monaco Court Terme Euro (money-market fund in Euro)
• Monaco Court Terme Dollar (money-market fund in US Dollars)

• Medium-term and medium-long-term investment objectives (minimum recommended investment horizon of 2 to 3 years)
• Monaco Expansion Euro (bond fund in Euro)
• Monaco Expansion Dollar (bond fund in US Dollars)
• Monaco GF Bonds Euro (bond fund in Euro)
• Monaco GF Bonds Dollar (bond fund in US Dollar)
• Sport Bond Fund (multi-currency bond fund in US Dollar)
• Monaco Corporate Bond Euro
  
  These funds are invested in bond markets with the aim of medium-term capital gains. Over shorter periods clients must be aware of the volatile nature of bond markets.

• Monaco Patrimoine Sécurité Euro (European bond-equity balanced fund, allowing a 15%-35% partial allocation in European equities)
• Monaco Patrimoine Sécurité USD (international bond-equity balanced fund, allowing a 15%-35% partial allocation in world equities in US Dollars)
  
  These funds are invested in stock and bond markets and aim at medium-long-term capital gains. Over shorter periods clients must be aware of the volatile nature of stock and bond markets.

• Long-term investment objectives (over three-year recommended investment horizon)
• Monaco Plus-Value (international equity fund in Euros)
• Monaction International (international equity fund in US Dollars)
• Monaction Europe (European equity fund in Euros)
• Monaction USA (American equity fund in US Dollars)
  
  These funds are invested in stock markets and aim at long-term capital gains. Over shorter periods clients must be aware of the volatile nature of stock markets.

The Compagnie Monégasque de Gestion also manages specialised or dedicated products. It is currently offering:

• Specialised funds in the Healthcare and the Environment sectors
• Monaco Santé (international equity fund investing in the pharmaceutical, biotechnology, medical technology and health services sectors, in Euros)
• Monaco Eco+ (international equity fund mainly investing in companies performing activities in the fields of environmental technologies and services or in companies who consider environmental issues as of major interest in their policy)
  
  
• Funds with a geographical focus
• Monaction Asie (equity fund mainly investing in Asian shares of developed countries. Additional investments in companies of South-East-Asian countries outside the OECD may be carried out, up to a limit of 25% of the fund’s assets)
• Monaction Emerging Markets (international equity fund investing in Emerging markets equities: Central and Latin America, non-OECD Asian countries, such as India and China, East European countries, South Africa, Turkey and Israel)

• Funds of Hedge Funds
• Monaco Court Terme Alternatif
• Monaco Hedge Selection
  (funds of Alternative Investments funds, or “Hedge Funds”)

• Total Return Funds
• Monaco Total Return Euro
• Monaco Total Return Dollar
  (Funds mainly investing in money market products and bonds and using futures market instruments to gain exposure to a large array of asset categories, with a return objective uncorrelated to traditional markets, with daily liquidity)

Dedicated funds can be set up to meet clients' demands, with a minimum start-up capital of 10 million Euros.

Experts at the Compagnie Monégasque de Gestion offer clients added value thanks to the active management of funds.

Regarding share investments, our management method seeks out undervalued securities and implements sector-based strategies capable of taking advantage of macroeconomic developments by choosing securities with high, long-term growth potential.

With respect to bond investments, emphasis is mainly placed on securities from issuers having the highest ratings, usually government securities. Diversification into corporate issuers is carried in order to enhance medium-term yields. The main objective of bond investments management is to find the best positioning of the portfolio depending on our view of the future evolution of the yield curve.