CPR Invest - Global Equity - I EUR (C) ISIN : LU1811426771

CPR Invest - Global Equity - I EUR (C)
I EUR(C) - LU1811426771
Asset class: Equities
YTD
As of 26/08/2026
16.03%
Risk IndicatorThe level of risk of the fund mainly reflects the risk of the market in which the fund is invested and, as the case may be, the leveraging strategy or inverse performance of the index. The capital initially invested does not benefit from any guarantee. The current level of risk does not indicate the future level of risk and may change over time. The lowest risk level is not equal to a risk-free investment.
1234567
Lower Risk
Higher Risk
The risk indicator assumes you keep the product according to the holding period.
NAV
As of 26/08/2026
€230.00
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 26/08/2026
€356.03M
The fund invests in global equities and aims to deliver long-term returns in excess of the MSCI World All Countries index (minimum 5 years). The final portfolio is constructed from around 100 stocks across all countries, sectors and market capitalisations. The investment process involves adapting the stock picking approach to the identified market regime. New investment process since December 2013.

NAVs

NAV from 10/11/2018 to 08/26/2026
Select period
Created with Highcharts 11.4.8CPR Invest - Global Equity - I EUR (C)Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250

Performance

Change in NAV in base 100
FundCPR Invest - Global Equity - I EUR (C) (164.48% over the period)
Select period
Created with Highcharts 11.4.8ABCPR Invest - Global Equity - I EUR (C)BenchmarkJul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '2650100150200250300350
A. Simulation based on the performance from December 23, 2013 to October 10, 2018 of CPR Global Equity All Regime - Part I French Fund absorbed by CPR Invest - GEAR World - I- Acc on October 11, 2018.B. Performance of CPR Invest - GEAR World - I - Acc since its launch date.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.
Change in NAV in base 100Rolling performancesYear-on-year return (365 days)Annual returnsRisk indicatorsPerformances Scenarios
FundCPR Invest - Global Equity - I EUR (C) (164.48% over the period)
Select period
Created with Highcharts 11.4.8ABCPR Invest - Global Equity - I EUR (C)BenchmarkJul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '2650100150200250300350
A. Simulation based on the performance from December 23, 2013 to October 10, 2018 of CPR Global Equity All Regime - Part I French Fund absorbed by CPR Invest - GEAR World - I- Acc on October 11, 2018.B. Performance of CPR Invest - GEAR World - I - Acc since its launch date.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.

Portfolio Analysis

Repartition 07/31/2026
Sector allocationMain Lines in Portfolio (Source: Amundi)Geographical breakdown (Source: Amundi)Currency
Created with Highcharts 11.4.8Values34.38​34.3814.10​14.1012.14​12.1411.18​11.1810.05​10.054.36​4.364.18​4.182.52​2.522.50​2.502.19​2.191.05​1.0530.07​30.0717.36​17.3610.88​10.888.55​8.558.72​8.727.72​7.724.92​4.923.63​3.631.67​1.673.98​3.982.51​2.51PortfolioBenchmark02468101214161820222426283032343638Information TechnologyFinancialsIndustrialsHealth CareConsumer DiscretionaryCommunication ServicesConsumer StaplesMaterialsReal EstateEnergyUtilitiesHighcharts.com

Management commentary

Effective date: 31/07/2026Key highlights of the month
July 2026 was dominated by the resurgence of geopolitical tensions between Iran and the United States, in a context of the end of negotiations. This development led to a sharp increase in the price of Brent crude in the first part of the month, reaching $100 per barrel, before a slight decline at the end of the period to $89. In the United States, total inflation for June surprised on the downside, at 3.5%, benefiting from lower energy prices and a more widespread slowdown in underlying inflation. In the eurozone, July inflation, on the contrary, surprised on the upside, at 2.9%, due to the rebound in energy prices.
In the United States, the ISM manufacturing and services indices edged down slightly in June, to 53 and 54, while still being consistent with growth close to 2%. However, the June employment report was disappointing and revived questions about the strength of the previous three releases, which had been significantly above expectations.
In Japan, business surveys remain well oriented, with a manufacturing PMI at 54.7 and a services PMI at 51.9. Conversely, China continues to stand out unfavorably, with the economic downturn worsening in July, as the composite PMI hit its lowest level since 2022.
On the monetary front, the main central banks kept their rates unchanged.
Equity markets moved in a mixed fashion. The S&P 500 remained almost flat (-0.1%), weighed down by technology, while the Eurostoxx 600 rose by 1.2%. The Nikkei fell by 8.1% and the MSCI Emerging Markets by 3.3%. Sovereign yields rose sharply, with the US 10-year at 4.71% and the German 10-year at 3.17% at the end of the month. European credit spreads remained broadly stable, and gold ended the month almost unchanged.
 
Summary of the main positions of the month
Over the month, the fund posted a performance above that of the benchmark index.
We note a negative sector effect, despite a good contribution from Healthcare and Consumer Discretionary, but negative in the Technology and Financial sectors. The country effect was neutral, with a good contribution from North America and Japan but negative in Asia and Emerging Markets.
We also observe a negative effect from our aggressive factor, with a contribution of around -0.31%, while at the same time noting a positive effect from our defensive factor, showing a contribution of 1.07%. The size effect was positive.
During the review period, we were overweight on the quality factor and underweight on the volatility factor.
At the stock level, we saw very strong contributors to performance such as NetApp (OW, 15%), Tesla Inc (UW, -26.5%), China Gold International Resources (OW, 38.4%), Expedia Group (OW, 14.5%).
Conversely, the following stocks penalized us: KLA (OW, -39.8%), Vertiv Holdings (OW, -28.3%), SK hynix (OW, -30%), ASML Holding (OW, -16.6%).
There were no transactions during the month.
 
Outlook for the following month
The market environment is expected to remain dominated in the short term by geopolitical volatility and uncertainty surrounding oil price developments. The main risk remains the persistence of high crude prices, which could temporarily fuel inflation and delay monetary easing. However, the central scenario is not one of a lasting inflationary shock, but rather of a more unstable regime, marked by erratic data and central banks forced to arbitrate between temporary tensions and underlying trends.
In terms of growth, the scenario remains one of a modest recovery, but differentiated by region. Europe could gradually benefit from a more favorable combination of reforms, public investment, and improved confidence, even if normalization is likely to remain gradual. The United States remains resilient, but with more limited potential for positive surprises and increased sensitivity to rate levels. China remains surrounded by uncertainties, while Japan and several emerging markets retain more attractive fundamentals in the medium term.
In the United States, caution remains warranted due to high valuations, excessive market concentration, and the risk of disappointment in results or outlook. The theme of artificial intelligence remains a driver, but its engine is gradually expanding beyond semiconductors, towards infrastructure, electricity, applications, and adjacent value chains.
Europe, on the other hand, appears more attractive, with revaluation potential in the event of macroeconomic improvement and the materialization of announced reforms and investments. The financial, industrial, utilities sectors and certain quality stocks seem better positioned. Japan also maintains a favorable profile, supported by reasonable valuations and solid fundamentals.

Characteristics

General data

Inception date
11/10/2018
First Nav Date
27/12/2013
Currency
EUR
Show more
Valuation
Daily
Minimum initial investment
100000 euros
Minimum additional investment
1 10/1000° share(s)/equity

Costs Composition

One-off costs upon entry or exit (Investment EUR 10,000)If you exit after 1 year
Entry costsThis includes distribution costs of 5.00% of amount invested. This is the most you will be charged. The person selling you the product will inform you of the actual charge.Up to €500.00
Exit costsWe do not charge an exit fee for this product, but the person selling you the product may do so.€0.00
Ongoing costs taken each year (Investment EUR 10,000)
Management fees and other administrative or operating costs0.95% of the value of your investment per year. This percentage is based on actual costs over the last year.€90.35
Transaction costs0.41% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the underlying investments for the product. The actual amount will vary depending on how much we buy and sell.€38.65
Incidental costs taken under specific conditions (Investment EUR 10,000)
Performance fees

20.00% annual outperformance of the reference asset 20% of the difference between the net assets of the Share Class and the Reference Asset. Performance indicator : MSCI All Countries World Net Return index. ESMA methodology since 01/01/2022. The calculation applies on each Net Asset Value calculation date in accordance with the terms described in the prospectus. Past underperformances over the last 5 years should be clawed back before any new accrual of performance fee.The actual amount will vary depending on how well your investment performs. The aggregated cost estimation above includes the average over the last 5 years.

The performance fee is paid even if the performance of the share over the performance observation period is negative, while remaining higher than the performance of the Reference Asset.

€0.00

Codification

ISIN code
LU1811426771
Bloomberg code
CPIGWIE LX
Reuters code

Investment Objective

The fund invests in global equities and aims to deliver long-term returns in excess of the MSCI World All Countries index (minimum 5 years). The final portfolio is constructed from around 100 stocks across all countries, sectors and market capitalisations. The investment process involves adapting the stock picking approach to the identified market regime. New investment process since December 2013.

Documents

LanguageDocumentsTypeClosing Date
DE
PDF
18/12/2025
EN
PDF
18/12/2025
FR
PDF
18/12/2025
PDF
31/07/2024
PDF
16/04/2026
PDF
31/01/2026
IT
PDF
18/12/2025
FR
PDF
26/10/2016
Prices expressed in a currency other than the base currency of the portfolio are available for information purposes only. 
Nothing contained in this site constitutes a solicitation or offer by any member of CPR Asset Management to provide any investment advice or service or to purchase or sell any financial instruments. The information it contains aims to inform the subscriber by providing information on the UCITS supplemental to that appearing in the Information Memorandum. The material provided on this site is presented as of the date shown and "as is". CPR Asset Management does not expressly or impliedly warrant the accuracy of the information provided on this site and expressly disclaims any warranties of fitness of this site for any particular purpose. This material reflects the opinion of the management company at the date of printing. The material is based upon information that we consider reliable, but we do not represent it is accurate, complete, valid or timely and it should not be relied on as such for any particular purpose. Any subscription should be based solely on the Information Memorandum provided to subscribers prior to the subscription and/or available upon request.The Key Informations document (KID) and the prospectus of the fund, as well as the annual and semi-annual reports are available free of charge on the website www.cpram.com and from the Representative or Paying Agents : UniCredit Bank Czech Republic and Slovakia, a.s., Bratislava, Šancová 1/A, Postal Code 813 33, Slovak Republic
© CPR Asset Management 2025
Legal notices Accessibility: non-compliant Cookies preferences