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BFT MONETAIRE COURT TERME ISR CLIMAT - E (C) ISIN : FR001400FDO3

BFT MONETAIRE COURT TERME ISR CLIMAT - E (C)
E(C) - FR001400FDO3
Asset class: Money Market
YTD
As of 10/09/2026
2.06%
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
€108.0512
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 10/09/2026
€1.99B
The investment objective is to outperform its benchmark, capitalized Eonia, an index representing the eurozone's money market rate, after deducting ongoing charges. To achieve this, the management team selects securities from public or private issuers, in euros or in foreign currencies. These securities will be deemed to be of high quality by the management team and in compliance with the management company's internal credit risk monitoring policy. Fund management may invest, but not exclusively or automatically, in securities issued by...
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NAVs

NAV from 06/03/2025 to 09/10/2026
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Created with Highcharts 11.4.8BFT MONETAIRE COURT TERME ISR CLIMAT - E (C)Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26105110

Performance

Change in NAV in base 100
FundBFT MONETAIRE COURT TERME ISR CLIMAT - E (C) (2.58% over the period)
Select period
Created with Highcharts 11.4.8BFT MONETAIRE COURT TERME ISR CLIMAT - E (C)BenchmarkJul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '2695100105
A. From 10/19/2023 to 05/15/2025, the fund achieved a performance of 5.31% and its benchmark a performance of 5.61%. From 05/16/2025 to 06/02/2025, due to the absence of assets, no performance was calculated for the period.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
FundBFT MONETAIRE COURT TERME ISR CLIMAT - E (C) (2.58% over the period)
Select period
Created with Highcharts 11.4.8BFT MONETAIRE COURT TERME ISR CLIMAT - E (C)BenchmarkJul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '2695100105
A. From 10/19/2023 to 05/15/2025, the fund achieved a performance of 5.31% and its benchmark a performance of 5.61%. From 05/16/2025 to 06/02/2025, due to the absence of assets, no performance was calculated for the period.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.

Portfolio Analysis

Repartition 08/31/2026
Portfolio Breakdown by Maturity (Source: Amundi)Breakdown by Rating (Source: Amundi)Sector allocationAllocation of assets (Source : Amundi)
Created with Highcharts 11.4.8Values36.39 %​36.39 %3.27 %​3.27 %13.06 %​13.06 %14.53 %​14.53 %8.52 %​8.52 %8.23 %​8.23 %16.00 %​16.00 %Portfolio0246810121416182022242628303234363840O/N & Repo2 - 7 days8 - 30 days31 - 60 days61 - 90 days91 - 180 days181 - 397 daysHighcharts.com

Management commentary

Effective date: 31/08/2026August 2026 was marked by concerns over the evolution of long-term rates. The deadlock in negotiations between Iran and the United States, punctuated by sporadic attacks, led to oil prices remaining volatile throughout the month, with Brent crude ending at $89 per barrel. The persistence of energy prices at high levels continued to fuel fears of accelerating inflation and thus weighed on bond markets. In response to this rise in long-term rates, U.S. Treasury Secretary Scott Bessent announced that Treasury purchases of long maturities would be at least doubled for the quarter. Inflation indices published in August, covering the month of July, delivered a mixed message. In the United States, headline inflation (CPI) slowed to 3.4% year-on-year, compared to 3.5% in June, while core inflation fell to 2.5%, its lowest level of the year. In the eurozone, by contrast, inflation accelerated to 2.9% in July, compared to 2.8% in June, driven higher by a renewed acceleration in the energy component (+10.3% year-on-year) linked to developments in oil and gas prices. Core inflation, meanwhile, came in at 2.5%. Business activity surveys remained generally well oriented despite high energy prices. In the eurozone, the composite PMI rose for the third consecutive month, reaching 52.1 in August, its highest level since November, driven by German industry. In the United States, the ISM manufacturing index jumped to 55.6 in July, its highest level since May 2022, while the ISM services index held steady at 54.1. The July employment report, however, disappointed, with a loss of 23,000 non-farm jobs and significant downward revisions for previous months, even though the unemployment rate fell to 4.1%, a thirteen-month low, due to a further decline in the participation rate.
 
None of the major central banks held a monetary policy committee meeting in August. The key event of the month from this perspective was the Jackson Hole symposium, where Kevin Warsh was reassuring about the labor market but concerned about the inflation trajectory. For the first time in his term, he provided guidance by saying that the Fed’s attention should currently be focused primarily on price stability. In the eurozone, the ECB minutes suggested that a majority of Governing Council members would be ready to raise key rates in September to contain the effects of rising energy prices.
 
Bond yields generally increased over the month, particularly at the very end of the month after Kevin Warsh’s speech. The U.S. 10-year yield ended the month at 4.74%, its highest level since the start of 2025. The German 10-year yield rose sharply, ending the month at 3.30%, its highest level since 2011, driven by expectations of an ECB rate hike. Sovereign spreads in the eurozone widened slightly.
 
€STR swap levels are up by 11 bps for the 3-month swap at 2.42% and by +10 bps for the 1-year swap at 2.71%.

Bank issuer spreads on the NeuCP money market widened in August. French bank spreads averaged ESTR +34 bps for one-year maturities (+1 bp) and ESTR +24 bps for six-month maturities, stable compared to the previous month.
Corporate issuer rates at issuance stand at +260 bps for 3-month maturities, a sharp increase over the month, representing an average spread vs 3-month ESTR Swap of +18 bps.
 
At the end of August, the fund had an average life (WAL) of 69 days, down 6 days over the month. The fund’s interest rate sensitivity (WAM) stands at 2 days, down over the month.
Liquidity and Money Market UCITS represent 36.4% of the fund, down over the month. Exposure to bank issuers stands at 44.1%, stable over the month, while exposure to Corporate issuers stands at 19.4%, up over the month.
During the month, we invested €140 million, including €110 million in Financials and €25 million in Corporate issuers. The WAL of investments made during the month (excluding JJ) is 130 days, down compared to the previous month.
 
The fund’s average ESG rating stands at C, above its investment universe after excluding the bottom 30% of issuers.

Characteristics

General data

Inception date
09/02/2023
First Nav Date
19/10/2023
Currency
EUR
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Valuation
Daily
Minimum initial investment
10 share(s)
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 day
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 costs0.14% of the value of your investment per year. This percentage is based on actual costs over the last year.€0.04
Transaction costs0.02% 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.€0.01
Incidental costs taken under specific conditions (Investment EUR 10,000)
Performance fees

10.00% annual outperformance of the reference asset 100% ESTR CAPITALISE (OIS). 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
FR001400FDO3
Bloomberg code
BMCTIEC FP
Reuters code
LP68785255

Investment Objective

The investment objective is to outperform its benchmark, capitalized Eonia, an index representing the eurozone's money market rate, after deducting ongoing charges. To achieve this, the management team selects securities from public or private issuers, in euros or in foreign currencies. These securities will be deemed to be of high quality by the management team and in compliance with the management company's internal credit risk monitoring policy. Fund management may invest, but not exclusively or automatically, in securities issued by private entities with one of the top two short-term ratings determined by each of the recognized rating agencies, or in securities with an investment grade rating issued by public entities. Securities in foreign currencies will be hedged against the currency risk.

Documents

LanguageDocumentsTypeClosing Date
FR
PDF
26/05/2026
PDF
31/03/2026
PDF
26/05/2026
PDF
30/09/2025
PDF
16/04/2026
FR
PDF
31/03/2026
PDF
02/01/2026
PDF
31/08/2026
PDF
31/03/2026
PDF
07/09/2026
FR
PDF
31/12/2025
PDF
16/05/2025
FR
PDF
31/03/2026
FR
PDF
30/12/2025
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.
© CPR Asset Management 2025
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