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BFT FRANCE FUTUR ISR CLIMAT - I (C) ISIN : FR0011036912

BFT FRANCE FUTUR ISR CLIMAT - I (C)
I(C) - FR0011036912
Asset class: Equities
YTD
As of 02/09/2026
-1.83%
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 02/09/2026
€2,194,120.53
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 02/09/2026
€277.29M
The investment objective is to achieve, over a 5-year investment horizon, a higher performance than that of the CAC Mid & Small index (with dividends reinvested) representing the performance of small- and medium-sized French companies, after taking into account ongoing fees, based on a selection of French securities, while taking an environmentally responsible approach, targeting a level of CO2 emissions that is always 30% lower than that of the benchmark indicator.
The SICAV is eligible for the PEA.

NAVs

NAV from 09/05/2016 to 09/02/2026
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Created with Highcharts 11.4.8BFT FRANCE FUTUR ISR CLIMAT - I (C)Jul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '261.3M1.5M1.8M2M2.3M2.5M2.8M3M

Performance

Change in NAV in base 100
FundBFT FRANCE FUTUR ISR CLIMAT - I (C) (17.19% over the period)
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Created with Highcharts 11.4.8BFT FRANCE FUTUR ISR CLIMAT - I (C)BenchmarkJul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '265075100125150175
Change in NAV in base 100Rolling performancesYear-on-year return (365 days)Annual returnsRisk indicatorsPerformances Scenarios
FundBFT FRANCE FUTUR ISR CLIMAT - I (C) (17.19% over the period)
Select period
Created with Highcharts 11.4.8BFT FRANCE FUTUR ISR CLIMAT - I (C)BenchmarkJul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '265075100125150175

Portfolio Analysis

Repartition 03/31/2026
Sector allocationGeographical breakdown (Source: Amundi)
Created with Highcharts 11.4.8Values23.80 %​23.80 %19.32 %​19.32 %17.35 %​17.35 %16.08 %​16.08 %7.91 %​7.91 %5.71 %​5.71 %5.04 %​5.04 %3.58 %​3.58 %0.11 %​0.11 %1.10 %​1.10 %PortfolioBenchmark02468101214161820222426IndustrialsFinancialsHealth CareConsumer ServicesTechnologyConsumer GoodsBasic materialsUnknownUtilitiesOthers and cashHighcharts.com

Management commentary

Effective date: 31/03/2026With the announcement of U.S. intervention in Iran, the positive momentum in the financial markets seen in the first two months of the year has completely reversed. The favorable trends (well-oriented economic indicators, declining inflation, expected support from the Fed) have been swept away by the impacts of the war: rising oil prices following the closure of the Strait of Hormuz and the destruction of certain infrastructures, fears of a return of inflation, tensions on interest rates, and a negative impact on the economic outlook. Uncertainties regarding the outcome of the war (duration, ground intervention, etc.) are significantly reducing visibility not only in the markets but also in corporate activity. In this context, it is advisable to remain cautious in our investments and, by definition, to favor sectors least affected by the situation in Iran.
 
Over the period, sector allocation choices had a negative impact: it was mainly the underexposure to the oil sector (+23.5%), which benefited from the war in Iran, that weighed on performance.
 
Stock selection had a near-neutral impact: in this anxiety-inducing climate, the position in FDJ United held up very well (-1.9%), supported by fundamentals that were little affected by geopolitical tensions. The defense sector obviously benefited from the "war" context, and the holdings in Thales (-1.1%) and Exosens (-1.8%) also showed greater resilience. Finally, the position in Semco Technologies (+8.7%) benefited from continued strong momentum in semiconductors. Conversely, the position in Covivio (-15.3%) suffered from tensions in interest rates. The holding in Spie (-18.4%) was subject to profit-taking due to concerns about the French and German economies following the outbreak of the conflict. The Eurazeo stock (-18.9%) was impacted by concerns related to the private debt market.
 
Regarding transactions, we reduced our positions in Elis, Forvia, SEB, Icade, and Unibail-Rodamco. In exchange for these sales, we increased our exposure to the healthcare sector with positions in Abivax, Valneva, and Virbac.
 
The abrupt U.S. intervention in Iran has further heightened uncertainties in the financial markets: this leads us to maintain our positions in the defense sector, which should benefit from this belligerent context. The healthcare segment should be one of the sectors least affected by this environment; it is therefore advisable to prioritize it. The current strategy thus remains to stay cautious in our investment choices. Our sector allocation leads us toward industry, real estate, and the tourism/leisure sector.

Characteristics

General data

Inception date
18/12/2012
First Nav Date
18/12/2012
Currency
EUR
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Valuation
Daily
Minimum initial investment
250000 euros
Minimum additional investment
1 thousandth unit(s)/share(s)

Costs Composition

One-off costs upon entry or exit (Investment EUR 10,000)If you exit after 1 year
Entry costsWe do not charge an entry fee for this product.€0
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 costs1.05% of the value of your investment per year. This percentage is based on actual costs over the last year.€105.23
Transaction costs0.37% 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.€36.99
Incidental costs taken under specific conditions (Investment EUR 10,000)
Performance fees

20.00% annual outperformance of the reference asset 100% FRANCE CAC MID & SMALL 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.

€0.00

Codification

ISIN code
FR0011036912
Bloomberg code
FRFUVIC FP
Reuters code
LP68094913

Investment Objective

The investment objective is to achieve, over a 5-year investment horizon, a higher performance than that of the CAC Mid & Small index (with dividends reinvested) representing the performance of small- and medium-sized French companies, after taking into account ongoing fees, based on a selection of French securities, while taking an environmentally responsible approach, targeting a level of CO2 emissions that is always 30% lower than that of the benchmark indicator.
The SICAV is eligible for the PEA.

Documents

LanguageDocumentsTypeClosing Date
FR
PDF
03/04/2026
PDF
30/09/2024
PDF
03/04/2026
PDF
31/03/2026
FR
PDF
09/01/2025
PDF
20/10/2025
PDF
16/02/2026
PDF
31/03/2026
PDF
31/07/2026
FR
PDF
31/08/2026
FR
PDF
20/12/2024
This site does not constitute in any way a solicitation or an offer to buy or sell securities. The information it contains is intended to inform the subscriber by supplementing certain financial characteristics of the OPC appearing in the Key Information Document (KID PRIIPs) or in the prospectus. As a result, this information is inevitably partial and is subject to change. The KID PRIIPs or the prospectus must be offered to subscribers prior to subscription, provided upon subscription and made available to the public upon request, as well as the latest financial statements available.
Data relating to past performance does not take into account any entry fees and exit fees on subscriptions and redemptions of units. These fees may impact past performance.
The funds and securities mentioned above are in no way sponsored, recommended or promoted by the sponsor of the reference index or benchmark used. The sponsor of the reference index or benchmark is not legally and legally responsible for the funds, securities, indices or any funds or securities on which these are based.
References of the local representative or paying agent from whom the legal documents are available free of charge: CACEIS Bank France 1-3, place Valhubert 75013 Paris.
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