05.02.2018

CPR AM strengthens thematic equities solutions with the launch of CPR Invest – Megatrends

Paris, 5th February 2018 - CPR AM expands its thematic equity offering with the launch of CPR Invest – Megatrends, a sub-fund of the Luxembourg SICAV (open-ended investment company) CPR Invest.

CPR Invest – Megatrends is an innovative thematic allocation solution which aims to outperform international equity markets by capitalising on potential megatrends.

This international equity fund, managed by Florian Peudevin and co-manager Guillaume Uettwiller, invests mainly in CPR AM thematic equity funds. Responding to increasing investor interest in thematic equity investing, CPR Invest – Megatrends offers investors a new theme to consider within their investing strategy.

“Investors are increasingly looking for meaning in their investments and interest in thematic management is clearly growing. Investors are looking for the best opportunities to benefit from long-term megatrends through a suitable thematic equity allocation” commented Vafa Ahmadi, head of global thematic equities at CPR AM.

CPR AM’s thematic approach stems from the identification of current and future societal, demographic, economic, environmental and technological megatrends that change the way we will live in the future.  As a pioneer of major themes such as the ageing population and disruptive companies, CPR AM offers investors a range of investment strategies relating to restructuring, luxury goods, lifestyle, the food value chain and natural resources.

CPR AM’s portfolio managers use their in-depth knowledge of each fund’s performance drivers and risk profiles to build a dynamic asset allocation that takes full advantage of megatrends while adapting to evolving market cycles.

“We have built CPR Invest – Megatrends around a base of our thematic strategies, which we believe benefits from a long-term growth potential. Based on our convictions, we implement the optimum dynamic allocation that aims to seize the performance potential of each major theme while being able to navigate different market conditions” said Florian Peudevin and Guillaume Uettwiller.

The fund’s allocation is determined monthly by the thematic allocation committee meeting and incorporates CPR AM’s financial scenarios. Fund managers decide on each fund’s risk-adjusted weighting, whilst considering geographic and sector variables. Funds are then tactically invested into specific vehicles depending on the region, theme or sector.

“Risk management is vital, and so, while maintaining the essence of thematic management, we consider the correlations and volatility of each theme when structuring the allocation” stated Florian Peudevin.

CPR Invest – Megatrends offers national and international investors the opportunity to incorporate megatrends into their core portfolio investment or use the fund as a means of diversification.

The fund’s b[1]World[1]  and is registered in Austria, Belgium, Finland, France, the Czech Republic, the Netherlands, the UK and Spain, Sweden and will soon be registered in Italy and Switzerland. CPR Invest – Megatrends bears a risk of capital loss.

 

GENERAL

 

Management company

CPR Asset Management

 

Legal form

Sub-fund of the Luxembourg SICAV (open-ended investment company) CPR Invest

 

Inception date

14/12/2017

 

Min. recommended investment period

More than 5 years

 

Reference currency

EUR

 

Eligible for equity savings plans

No

 

Countries where the fund is registered

The fund is registered in Austria, Belgium, the Czech Republic, Finland, France, the Netherlands, Spain, Sweden  and the UK

In progress: Italy and Switzerland

 

SHARE

A-Acc/A-Dist Share

I-Acc Share

R-Acc Share

 

ISIN code

Acc: LU1734693812
Dist: LU1734693903

LU1734694208

LU1734694380

 

Types of investors

All investors

Institutional investors

Distributors

 

Date of share’s creation

14/12/2017 

 

The share’s reference currency

EUR

 

Currency hedge

-

 

Appropriation of income

Acc: Accumulation
Dist. : Distribution

Accumulation

Accumulation

 

ORDERS

A-Acc/A-Dist Share

I-Acc Share

R-Acc Share

 

Minimum initial/subsequent subscription amount

1 fractional share

€100,000

1 fractional share

 

Valuation frequency

Daily

 

Order cut-off time (Luxembourg)

Before 9.00 a.m. based on the NAV at D

 

S/R settlement date

D+3

 

Depositary

CACEIS Bank, Luxembourg Branch

 

FEES*

A-Acc/A-Dist Share

I-Acc Share

R-Acc Share

 

Max. subscription fee

5.00%

 

Max. redemption fee

N/A

 

Max. management fees, incl. tax, p.a.

1.60%

0.80%

0.80%

 

Max. administrative fees p.a.

0.30%

0.20%

0.30%

 

Max. conversion fees incl. tax

5.00%

 

Performance fee**

15% incl. tax of the difference between the unit’s net asset value and the benchmark net asset value, up to a limit of 2% of the fund’s net asset value

 

 

PROFILE

 

Investment universe

Global equity funds or equities benefiting from structural economic, social, demographic, technological, regulatory or environmental changes

 

 

Management objective

To outperform the global equity markets over the long term (at least five years) by investing in equity funds or equities that are benefiting from global thematic trends

 

 

Benchmark index

 

MSCI World Net Total Return Index in EUR (net dividends reinvested)

- used ex post as a benchmark, but does not dictate management decisions

 

 

RISKS*

 

Risk of a capital loss

Yes

 

Equity risk

Yes

 

Counterparty risk

Yes

 

Currency risk

Yes (including emerging countries)

 

Rate and credit risk

Yes

 

Liquidity risk

Yes

 

RISK SCALE (SRRI)*

             

 

(SRII)*:  The synthetic risk and reward indicator (SRRI) is in line with the “Risk and reward profile” stated in the KIID and may change over time. The lowest level of risk does not mean “risk free”.

Footnotes

 

  1. ^ [1] Ex-post benchmark: MSCI World Net Total Return Index (net dividends reinvested)

CPR AM is the Amundi group’s global thematic equity investment expertise centre. With more than 5 billion euros in assets under management and a rich line of open and dedicated worldwide funds on various thematic strategies, CPR AM is one of Europe’s largest players in this area.

Led by Vafa Ahmadi, the head of global thematic equity investment, the team of nine investment professionals share their know-how in optimising and enhancing thematic investment management capabilities with a major ambition of ensuring the sustainability and development of existing and future thematic investment solutions that reconcile “meaning and quest for performance”.

This document is provided for informational purposes and meant exclusively for journalists and press and media professionals. Information is provided for the sole purpose of providing journalists and press and media professionals with a broad overview, regardless of the use they make thereof, which is under their exclusive editorial responsibility and for which CPR Asset Management declines all liability. This document is not to be construed as an advertisement or an offer to buy or sell and does not incur the liability of CPR Asset Management. Past performances are not constant over time and are therefore not a reliable indicator of future performances.

CPR AM is an investment management company certified by the French Financial Markets Authority, an autonomous and wholly owned subsidiary of Amundi Group. CPR AM works exclusively in third-party investment management (for institutional, corporate, insurance, private banking, fund management, and wealth management clients). CPR AM covers the main asset classes, including equities, convertibles, diversified investments, interest rates and credit).

CPR Asset Management, limited company with a capital of € 53 445 705 - Portfolio management company authorised by the AMF n° GP 01-056 - 90 boulevard Pasteur, 75015 Paris - France – 399 392 141 RCS Paris.

CPR AM  in figures (end-September 2017)

§  €43.6 billion in AuM

§  More than 100 employees, more than one third of whom are involved in investment management

CPR Asset Management, Société anonyme au capital de 53 445 705 € - Société de gestion de portefeuille agréée par l'AMF n° GP 01-056 - 90 boulevard Pasteur, 75015 Paris - France – 399 392 141 RCS Paris.

Amundi is Europe’s largest asset manager by assets under management and ranks in the top 101 globally. Thanks to the integration of Pioneer Investments, it now manages 1.4 trillion2 euros of assets across six main investment hubs3. Amundi offers its clients in Europe, Asia-Pacific, the Middle-East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes.  Headquartered in Paris, and listed since November 2015, Amundi is the 1st asset manager in Europe by market capitalization4.

Leveraging the benefits of its increased scope and size, Amundi has the ability to offer new and enhanced services and tools to its clients. Thanks to its unique research capabilities and the skills of close to 5,000 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles. 

Amundi. Confidence must be earned.

Visit amundi.com for more information or to find an Amundi office near you.