It is not the other name of your smartphone, but the general characteristic of our members as described overleaf by Bertrand Mutter our (private) HR expert. In a nutshell, AMFIE is striving to take care of those who look after others, worldwide. This term, our team travelled from Porto to Amman to meet you and collect good vibes! In this edition of the Newsletter, AMFIE Academy is focusing on asset allocation best practices and without any relation… you will read the results of the sale of AMFIE shares.

I wish to express the Board’s deepest regrets for the passing of Mr. Witold Zyss and Mr. Claude Tibi during the last months.

They both greatly contributed to AMFIE and deserved more than a few lines in our newsletter;  you will find attached a special “in memoriam” edition.
Best Regards,

Stéphane Argyropoulos
President of the Board of Directors 

The sale of ordinary shares took place on October 18th 2018. 
We received purchase orders from 29 members for a total of 1,148 shares. 
AMFIE, together with four members, had put a total of 2,030 shares up for sale.
Shares were sold at the price of 96.33 euros per share.
All buyers received the number of shares they had requested to purchase.

Jordan, Portugal, Switzerland, follow our Globettroters team.

Once your portfolio is set up, it can be tempting to change portfolio allocation in response to market developments. Staying the course and adhering to your original investment plan can be difficult. When the market rises, people often want to increase the equity weighting and reduce it when the market falls. Investors who do this are essentially buying high and selling low.

Another frequent mistake investors make is to close positions because the markets seem to indicate a future dip in prices. Investors who do this run the risk of getting it wrong. Closing positions also means that you will have to manage the right time to reinvest, while remaining under-invested can reduce your long-term investment return.

Staying invested and adhering to your original investment plan will allow you to avoid missing out on periods of exceptional performance, which constitute an important part of the final long-term performance of your portfolio.

In other words, attempting to guess future market developments is risky. In most cases, a better approach is to stay invested and adhere to your original investment plan.

We all know it: As international civil servants, the world is, quite simply, our daily professional environment!  Our professional duties are, by essence, of international scope. We speak how many languages during our coffee breaks with colleagues from all over the world? World news headlines often mention our employing organisation …  All this being our daily life, we sometimes forget how extraordinary this life is….  

Many of us live and work outside of our home countries, changing two, three, sometimes up to 10 times duty stations/countries/continents in a career.   Our children often attend international schools, our professional languages become part of our international family settings.  We keep, sometimes intimately, a special link with “home”, with “the village”, because we feel the diversity we belong to, and we are conscious of it….