CPR Invest - Climate Action - E EUR - Acc ISIN : LU1902444154

CPR Invest - Climate Action - E EUR - Acc
E(C) - LU1902444154
Asset class: Equities
YTD
As of 09/09/2026
11.74%
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.
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The risk indicator assumes you keep the product according to the holding period.
NAV
As of 10/09/2026
€229.65
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 10/09/2026
€1.73B
The investment objective is to outperform global equity markets over a long-term period (minimum of five years) by investing in international equities committed to limiting impact of climate change, while integrating Environmental, Social and Governance (E, S, and G – or, when taken together, ESG) criteria in the investment process.
 

NAVs

NAV from 12/07/2018 to 09/10/2026
Select period
Created with Highcharts 11.4.8CPR Invest - Climate Action - E EUR - AccJan '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 - Climate Action - E EUR - Acc (131.19% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Climate Action - E EUR - AccBenchmarkJan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250300
* Rolling performance : for funds that have been launched since less than 1 year or 3 years or 5 years, the performance showed in the table in the 1 year or 3 years or 5 years column is the performance since inception of the fund.

All performance figures are calculated in your selected currency based NAV to NAV with gross income accumulated.

Past performance does not guarantee future returns. The value of an investment can rise or fall with market fluctuations, and you may lose the amount originally invested. The material is based upon information that we consider reliable as of the date shown, but we do not represent that it is accurate, complete, valid or timely, in particular any data communicated to us by a third party, and it should not be relied on as such for any particular purpose. All material is subject to change.

The fund performance is calculated net of investment management fees including commissions and custody fees. The benchmark performances are calculated with net dividend reinvested when applicable. Both performances for funds and benchmarks are calculated using internal software fed by external sources (predominantly Datastream).

The exchange rates used to convert the benchmark and investment funds are the rates published by WM/Reuters at 16:00 (London time) on the last day of the month.
Change in NAV in base 100Rolling performancesYear-on-year return (365 days)Annual returnsRisk indicatorsPerformances Scenarios
FundCPR Invest - Climate Action - E EUR - Acc (131.19% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Climate Action - E EUR - AccBenchmarkJan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250300
* Rolling performance : for funds that have been launched since less than 1 year or 3 years or 5 years, the performance showed in the table in the 1 year or 3 years or 5 years column is the performance since inception of the fund.

All performance figures are calculated in your selected currency based NAV to NAV with gross income accumulated.

Past performance does not guarantee future returns. The value of an investment can rise or fall with market fluctuations, and you may lose the amount originally invested. The material is based upon information that we consider reliable as of the date shown, but we do not represent that it is accurate, complete, valid or timely, in particular any data communicated to us by a third party, and it should not be relied on as such for any particular purpose. All material is subject to change.

The fund performance is calculated net of investment management fees including commissions and custody fees. The benchmark performances are calculated with net dividend reinvested when applicable. Both performances for funds and benchmarks are calculated using internal software fed by external sources (predominantly Datastream).

The exchange rates used to convert the benchmark and investment funds are the rates published by WM/Reuters at 16:00 (London time) on the last day of the month.

Portfolio Analysis

Repartition 08/31/2026
Sector allocationMain Lines in Portfolio (Source: Amundi)Geographical breakdown (Source: Amundi)Currency
Created with Highcharts 11.4.8Values35.17​35.1715.27​15.2714.15​14.157.32​7.326.49​6.494.84​4.844.58​4.584.56​4.563.96​3.961.46​1.4631.20​31.2016.95​16.9510.59​10.598.49​8.497.69​7.698.72​8.724.65​4.653.80​3.802.33​2.331.56​1.56PortfolioBenchmark02468101214161820222426283032343638Information TechnologyFinancialsIndustrialsHealth CareCommunication ServicesConsumer DiscretionaryConsumer StaplesMaterialsUtilitiesReal EstateHighcharts.com

Management commentary

Effective date: 31/08/2026August started off rather well, with hopes for the restoration of traffic in the Strait of Hormuz. The rest of the month was more turbulent, with renewed tensions between Iran and the United States, new tariffs between the United States and Canada in particular, and intensified Russian bombings in Ukraine while the front appears to be stalled. From a macroeconomic perspective, activity remains well oriented in the United States, even though economic surprises are deteriorating, while Europe is in a more uncertain dynamic.
In response to this situation, the markets focused on the end of earnings releases and the outlook provided by companies, which remain positive and show strong growth.
Ultimately, equity markets reached new highs in August. The gold, "Momo," and technology sectors outperformed, while "Value" stocks, Treasury bonds, and fixed income securities underperformed.
However, concerns about "fiscal dominance," the credibility of the Fed, and the sharp rise in issuances led to an increase in interest rates, which weighed on equities from mid-month onwards. These concerns will persist as the level of government debt remains high and significant electoral deadlines are ahead of us (mid-terms, French presidential elections, elections in Italy).
 
In terms of sector performance, Materials driven by gold miners, Tech boosted by large caps, Energy by rising oil prices, and Health where Medtech is rebounding on low valuations, posted the best gains. Conversely, more defensive sectors affected by rising rates underperformed, including Utilities, Real Estate, Telecoms, and Consumer Staples.
 
During the month, the fund outperformed its benchmark index. The overweight in the Tech sector, although favorable from a trend perspective given the absolute gains recorded by this sector, was penalized by positions whose performance was below that of the sector benchmark—particularly Samsung Electronics, whose stock declined despite results exceeding forecasts, as investors were skeptical about the viability of the AI hardware market. The overweight in the industrial sector worsened the decline, with both allocation and selection effects proving negative. In Consumer, TJX ended sharply lower as a more promotional environment put pressure on prices. On the positive side, concentrated positions in ServiceNow, Publicis Groupe, and Merck & Co. each generated significant gains related to stock selection, supported by strong financial results, upward revisions of forecasts, and pipeline-related catalysts. The underweight in the financial sector, the only sector with a combined positive allocation and stock picking attribution, served as a marginal buffer, with good contributions from Mizuho, S&P Global, and Commerzbank.
 
In terms of movements, we took profits on Merck Inc after its strong post-quarterly results rally, and on Palo Alto in cybersecurity. We also began to reduce our exposure to French stocks exposed to France (Orange, BNP, Société Générale). Finally, we increased our positions in Eaton, Siemens Energy, Infineon, and AMD.
The evolution of the markets in the coming months will obviously depend on the movement of interest rates and the perception of risk associated with the debt levels of the world’s major economies, but also on upcoming electoral deadlines and the political noise that will surround them. At the microeconomic level, the question of the profitability of investments associated with artificial intelligence remains unresolved, as the upcoming increase in depreciation will continue to weigh on free cash flow. Finally, within industrial sectors, the uneven performances this summer raise questions about the valuation multiples that investors are willing to grant the benefit of the doubt to companies for which visibility remains excellent but whose earnings growth is no longer accelerating.

Characteristics

General data

Inception date
07/12/2018
First Nav Date
07/12/2018
Currency
EUR
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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 costs0.30% of the value of your investment per year. This percentage is based on actual costs over the last year.€28.88
Transaction costs0.29% 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.€27.35
Incidental costs taken under specific conditions (Investment EUR 10,000)
Performance fees

15.00% annual outperformance of the reference asset 100% MSCI ACWI 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.

€3.33

Codification

ISIN code
LU1902444154
Bloomberg code
CPRCEEA LX
Reuters code
LP68528358

Investment Objective

The investment objective is to outperform global equity markets over a long-term period (minimum of five years) by investing in international equities committed to limiting impact of climate change, while integrating Environmental, Social and Governance (E, S, and G – or, when taken together, ESG) criteria in the investment process.
 

Documents

LanguageDocumentsTypeClosing Date
FI
PDF
01/09/2026
EN
PDF
31/07/2025
PDF
03/08/2026
PDF
31/01/2026
FI
PDF
31/08/2026
EN
PDF
31/12/2024
EN
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 the Amundi 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". Amundi 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.

Institutional Sub-Class (Sub-Class I): Shares of this sub-class are only available to institutionals subscribing for their own account or within the framework of a collective savings or any comparable scheme, as well as UCITS. As such this Sub-Class benefits from the reduced "taxe d abonnement" of 0,01%. The minimum investment in this Sub-Class is USD 500,000.
Classic Sub-Class (Sub-Class C): Share of this sub-class are available to all investors. There is no minimum investment requirement in this sub-class.
Source : Amundi
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