Amundi Aktien Rohstoffe
Equity · Global · Sector
Figures refer to the share class ISIN DE0009779884, currency EUR, retail share class.
Key facts
- Management company
- Amundi Deutschland GmbH
- Asset class
- Equity
- Geography
- Global
- Strategy
- Sector
- Share class currency
- EUR
- Share class inception
- 03.04.2000
- Fund size
- 166 million (as at 15.09.2026)
- Management fee
- 0.50%
- Performance fee
- No
- Liquidity
- Not available in this publication
- UCITS
- Yes
- Risk grade (SRRI)
- Not available in this publication
- Registered in Switzerland
- No (qualified investors only)
Price history
Fund and benchmark rebased to 100 at 30.09.2021.
Table view
| Period | From | Fund (100 at start) | Benchmark (100 at start) |
|---|---|---|---|
| 1Y | 02.10.2025 | 139.9 | 118.2 |
| 3Y | 29.09.2023 | 154.9 | 168.5 |
| 5Y | 30.09.2021 | 210.5 | 176.4 |
| Since 2000 | 31.10.2011 | 288.6 | 600.0 |
Total return: distributions reinvested.
In EUR, the currency of the share class shown.
Fund history to 29.09.2026.
Benchmark history to 28.09.2026.
The table shows each series at its own ending date; the comparison periods are not identical.
Past performance is not a reliable indicator of future results, and the value of investments can fall as well as rise.
Performance against the benchmark
| 1M | 3M | 6M | YTD | 2025 | 2024 | 2023 | 1Y | 3Y | 5Y | Volatility | Sharpe R. | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FundISIN DE0009779884, currency EUR, retail share class | 8.53 | 9.69 | 13.51 | 37.13 | 19.10 | -2.51 | -0.58 | 49.39 | 17.58 | 17.82 | 15.73 | 0.93 | -10.67 |
| BenchmarkMSCI ACWI NR EUR | 1.69 | 2.39 | 11.41 | 15.57 | 7.86 | 25.33 | 18.06 | 23.29 | 17.78 | 11.24 | 11.57 | 1.24 | -11.88 |
| Differencefund minus benchmark, in percentage points | 6.84 | 7.30 | 2.10 | 21.56 | 11.24 | -27.85 | -18.64 | 26.10 | -0.20 | 6.58 | – | – | – |
Within the list: OpenList — Real Assets
Compared with the equity funds on OpenList — Real Assets (10 funds), each in the share class and currency its list shows. Returns are in each share class's own currency and are not converted.
| This fund | Group median | Position | |
|---|---|---|---|
| Return 1Y | 49.39 | 38.42 | 4 of 10 |
| Return 3Y p.a. | 17.58 | 21.13 | 8 of 10 |
| 3Y p.a. over its own benchmark | -0.20 | 5.19 | 7 of 10 |
| Volatility 3Y | 15.73 | 16.79 | 5 of 10 |
| Sharpe ratio 3Y | 0.93 | 0.98 | 9 of 10 |
| Max drawdown 3Y | -10.67 | -10.99 | 5 of 10 |
| Management fee | 0.50% | 1.05% | 1 of 10 |
Position 1 is the highest value, except for volatility and the management fee, where 1 is the lowest; for max drawdown, 1 is the smallest fall.
Return against risk, 3 years
WSP report
Ask WSP which research is available for this fund and what it covers.
Enquire about WSP researchBack to the list: OpenList — Real Assets
Performance: in %, in the currency of the share class shown. 3Y and 5Y are annualised. Volatility and Sharpe ratio are over three years; Max DD is the largest fall over three years.
Benchmark: each fund is measured against the index its own documents name. Where WSP measures a fund against a comparator of its own instead, the row names it: a tracker or a blend of the markets the fund invests in, or a cash-plus hurdle
– means not applicable. "Not available in this publication" means no value is shown here; it does not mean zero.
Period figures as of 31.08.2026.
This page is advertising within the meaning of the Swiss Financial Services Act. It is not an offer, a recommendation or investment advice. The prospectus and key information document for any fund shown may be obtained free of charge from its management company or Swiss representative
WSP commentary
Draft commentary, machine-generated from the fund's monthly factsheet dated 31.08.2026; key information document (PRIIPs), not yet reviewed by WSP.
Investment rationale
AMUNDI AKTIEN ROHSTOFFE - A is an equity UCITS fund designed to seek capital growth from companies linked to commodities, energy carriers, agricultural products and food, while taking account of capital-market and commodity-market developments. Its PRIIP summary risk indicator is 4 on a 1 to 7 scale, classified as medium risk, and the recommended minimum holding period is 6 years. The target investor is described as an investor with basic knowledge and no or limited experience in fund investments who wants to increase the value of the investment over the recommended holding period and can bear losses up to the amount invested. Given its specialised natural-resources equity exposure and sector concentration, it is a distinct, thematic allocation rather than a broad market holding.
Investment strategy
The stated objective is to achieve an appropriate appreciation in value, taking into account the risks assumed and the development of capital and commodity markets. At least 51% of the fund's assets are invested in equities of companies whose main business is the production, extraction, trading or processing of raw materials, energy carriers, agricultural products or food. The fund may also invest in convertible bonds, warrant-linked bonds and warrants from domestic and foreign issuers where these grant rights to acquire shares of target companies, and it may invest as permitted by its general and special investment conditions. It is an actively managed fund, does not track a securities index, and is not managed against a benchmark; income is accumulated in the fund, units are generally redeemable on each valuation day, and the recommended holding period is 6 years.
Investment philosophy
• The investment universe is centred on companies whose principal business is the production, extraction, trading or further processing of raw materials, energy carriers, agricultural products or food, with a minimum 51% allocation to equities in these target companies.
• Portfolio construction is active and discretionary: the management company selects assets based on analyses and evaluations of financial instruments together with macroeconomic and political developments, without following a fixed benchmark.
• The fund can complement its equity holdings with convertible bonds, warrant-linked bonds and warrants of domestic and foreign issuers where these instruments provide access to shares of target companies.
• Current positioning is concentrated in natural-resources-related sectors, led by Basic Materials at 42.05% and Energy at 38.14%, with additional exposure to Consumer Staples at 15.53%, Real Estate at 3.38% and Other/Cash at 0.90%.
• Geographic exposure is heavily tilted to the United States at 75.81%, followed by Canada at 11.98%, Australia at 7.56% and Brazil at 3.76%; the top 10 issuers account for 44.52% of assets, including Marathon Petroleum, Valero Energy, Phillips 66, Newmont, General Mills and Cheniere Energy.
The asset manager
The fund is managed by Amundi Deutschland GmbH, based in Munich, and it belongs to the Amundi group. The fund is a German UCITS special fund governed by German law and supervised in Germany by BaFin. The documents also state that Amundi Asset Management is a French société par actions simplifiée with headquarters at 91-93 Bd Pasteur, 75015 Paris, authorised by the Autorité des Marchés Financiers under number GP 04000036. The depositary is CACEIS BANK S.A., German branch.
Strengths
The fund offers a clearly defined natural-resources equity specialism, with exposure spanning raw materials, energy, agricultural products and food rather than a broad global equity remit. It is actively managed without benchmark constraints, allowing the portfolio to be selected entirely on the manager's analysis of financial instruments and macro-political developments. The current portfolio combines basic materials and energy as the dominant sector exposures, while also holding consumer staples names such as General Mills and Conagra Brands within the stated remit. Ongoing management and other administrative or operating costs are stated at 0.61%, and there is no redemption fee charged by the product.
Risks
The fund's summary risk indicator is 4 out of 7, which the document classifies as medium risk, based on a 6-year holding assumption. The documents state that potential losses from future performance are assessed as medium and that, under very unfavourable market conditions, the ability to meet redemption requests could be impaired. Market liquidity risk is specifically identified as an additional risk that could amplify performance fluctuations. The structure of the fund also implies concentrated sector and regional exposure, with large allocations to basic materials and energy and a dominant weighting to the United States, while the product provides no capital protection so investors may lose part or all of the capital invested.