CPR Invest - Food For Generations - A CHFH - Acc ISIN : LU1816197757

CPR Invest - Food For Generations - A CHFH - Acc
A(C) - LU1816197757
Asset class: Equities
YTD
As of 04/11/2026
12.21%
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 04/11/2026
CHF 117.72
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 04/11/2026
€354.70M
The compartment’s investment objective is to outperform global equity markets over a minimum five-year investment horizon by investing in international equities involved in the entire food value chain (agriculture, forest, water, food and beverage production and distribution, restaurants and all related activities). The investment process takes into account a sustainable approach by excluding certain companies with high Environmental Social and Governance controversies.

NAVs

NAV from 31/05/2018 to 04/11/2026
Select period
Created with Highcharts 11.4.8CPR Invest - Food For Generations - A CHFH - AccJul '18Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '266080100120140160

Performance

Change in NAV in base 100
FundCPR Invest - Food For Generations - A CHFH - Acc (19.16% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Food For Generations - A CHFH - AccBenchmarkJul '18Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250300
Change in NAV in base 100Rolling performancesYear-on-year return (365 days)Annual returnsRisk indicatorsPerformances Scenarios
FundCPR Invest - Food For Generations - A CHFH - Acc (19.16% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Food For Generations - A CHFH - AccBenchmarkJul '18Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250300

Portfolio Analysis

Repartition 12/31/2024
Main Lines in Portfolio (Source: Amundi)
Sector
Weight
Spread / Index
GEA GROUP AGIndustrials3.95%3.94%
PENTAIR PLCIndustrials3.90%3.87%
KERRY GROUP PLC-AConsumer Staples3.72%3.70%
DANONEConsumer Staples3.57%3.51%
SYMRISE AGMaterials3.45%3.43%
SEB SAConsumer Discretionary3.44%3.43%
COMPASS GROUP PLC GBPConsumer Discretionary3.05%2.97%
BRAMBLES LTDIndustrials2.91%2.88%
KONINKLIJKE AHOLD DELHAIZEConsumer Staples2.86%2.82%
SMURFIT WESTROCK PLC USDMaterials2.79%2.75%

Management commentary

Effective date: 31/10/2026October 2026 was marked by a renewed surge in energy prices. Attacks on ships continued in the Strait of Hormuz, the Houthis claimed strikes against several Saudi refineries, and Donald Trump suggested that U.S. strikes on Iran could resume after the midterm elections on November 3. Brent crude therefore rose by nearly 14% over the month, to $118, its highest level in six months. The other major event of the month was the sharp decline in technology stocks at the very end of the month, following disappointing earnings releases from Alphabet, Amazon, and Intel, which reignited doubts about the profitability of massive investments in AI.
Despite the rise in oil prices, bond yields fell sharply over the month, benefiting from a flight to safety at month-end and the pause in central bank activity. The U.S. 10-year yield fell by nearly 40 bps, to 4.90%, after briefly exceeding 5.30% during the month. The German 10-year yield declined by around 25 bps over the month, to 3.29%. In Japan, the 10-year yield moved back below 3%, to 2.77%. Finally, gold fell again, by about 6% over the month, to a little over $3,875 per ounce, weighed down by the prospect of future Fed rate hikes.
Equity markets were volatile at the end of the month amid concerns about the profitability of AI-related investments. The S&P 500 fell by 0.9% over the month and the Nasdaq by more than 5%. The Euro Stoxx 600 held up better, rising 1.9%. Asian markets, which are more exposed to the semiconductor sector, declined sharply: the Nikkei lost nearly 5.2% and the MSCI Emerging Markets index fell 8.1%, its worst month since the beginning of the war in Iran.
Food for Generations posted a strong performance over the month, benefiting from a sector rotation away from information technology toward defensive sectors such as consumer staples.
The Restaurants sector posted a strong gain, notably thanks to Compass, a defensive name in contract catering. The Food Retail and Food Products sectors benefited from their defensive profile, with strong gains from Dollar Tree, Kroger, as well as Kerry Group and Nestlé. Earnings releases were good in ingredients, relatively good in food products in Europe, but remained disappointing for food products in the United States. The Water and Waste sector also performed well thanks to defensive names in utilities, such as American Water Works, but also thanks to Pentair’s strong results after a very difficult start to the year. By contrast, Kurita Water fell sharply following significant losses on a U.S. contract for water treatment at a semiconductor plant. The Agriculture sector rose moderately in a context of falling grain prices over the month. Strong gains in Zoetis (a defensive name in animal health) and Mowi (strong earnings) were partially offset by declines in agricultural machinery names (CNH Industrial, Agco) and Bunge in agri-services despite a good earnings report.
In Food Products, we favor ingredient companies that maintain strong sales momentum as well as producers outside the United States, as the U.S. market remains challenging. In Agriculture, salmon farming should benefit from a rise in selling prices in 2026. While salmon production increased significantly in 2025, its growth is expected to be very limited in 2026, supporting the rise in selling prices. The agricultural machinery market has been declining since 2023. After several months of production decline, inventory levels have normalized. The market has therefore stabilized and should reach its bottom in 2026. The European market is even expected to rebound as early as 2026. This should support this segment in the stock market. In the Water and Waste sector, our main positions are in water treatment companies that should benefit from the need to modernize water networks and improve water quality and recycling.

Characteristics

General data

Inception date
16/05/2018
First Nav Date
31/05/2018
Currency
CHF
Show more
Valuation
Daily
Minimum initial investment
1 10/1000° share(s)/equity
Minimum additional investment
1 10/1000° share(s)/equity

Costs Composition

One-off costs upon entry or exit (Investment CHF 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 CHF 500.00
Exit costsWe do not charge an exit fee for this product, but the person selling you the product may do so.CHF 0.00
Ongoing costs taken each year (Investment CHF 10,000)
Management fees and other administrative or operating costs1.95% of the value of your investment per year. This percentage is based on actual costs over the last year.CHF 185.25
Transaction costs0.18% 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.CHF 17.31
Incidental costs taken under specific conditions (Investment CHF 10,000)
Performance fees

15.00% annual outperformance of the reference asset 100% MSCI WORLD CROSS HEDGED WITH EUR TO CHF NET TOTAL RETURN INDEX NR Close. 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.

CHF 0.00

Codification

ISIN code
LU1816197757
Bloomberg code
Reuters code
LP68496256

Investment Objective

The compartment’s investment objective is to outperform global equity markets over a minimum five-year investment horizon by investing in international equities involved in the entire food value chain (agriculture, forest, water, food and beverage production and distribution, restaurants and all related activities). The investment process takes into account a sustainable approach by excluding certain companies with high Environmental Social and Governance controversies.

Documents

LanguageDocumentsTypeClosing Date
DE
PDF
01/09/2026
EN
PDF
01/09/2026
FR
PDF
01/09/2026
PDF
31/07/2024
PDF
16/04/2026
PDF
31/01/2026
IT
PDF
01/09/2026
EN
PDF
31/10/2026
FR
PDF
31/10/2026
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 2026
Legal notices Accessibility: non-compliant Cookies preferences