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CPR Invest - Future Cities - A EUR - Acc ISIN : LU1989763773

CPR Invest - Future Cities - A EUR - Acc
A(C) - LU1989763773
Asset class: Equities
YTD
As of 07/10/2026
14.89%
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 07/10/2026
€176.52
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 07/10/2026
$40.29M
The Compartment's objective is to outperform global equity markets over a long-term period (minimum of five years) by investing in international equities which contribute to urbanisation and sustainable development of cities, while integrating Environmental, Social and Governance (E, S, and G - or, when taken together, ESG) criteria in the investment process.

NAVs

NAV from 09/17/2019 to 10/07/2026
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Created with Highcharts 11.4.8CPR Invest - Future Cities - A EUR - AccJan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '265075100125150175200

Performance

Change in NAV in base 100
FundCPR Invest - Future Cities - A EUR - Acc (76.52% over the period)
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Created with Highcharts 11.4.8CPR Invest - Future Cities - A EUR - AccBenchmarkJan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250
Change in NAV in base 100Rolling performancesYear-on-year return (365 days)Annual returnsRisk indicatorsPerformances Scenarios
FundCPR Invest - Future Cities - A EUR - Acc (76.52% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Future Cities - A EUR - AccBenchmarkJan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250

Portfolio Analysis

Repartition 09/30/2026
Sector allocationMain Lines in Portfolio (Source: Amundi)Geographical breakdown (Source: Amundi)Currency
Created with Highcharts 11.4.8Values40.09​40.0920.80​20.8011.15​11.157.37​7.376.76​6.765.99​5.994.22​4.222.80​2.8033.01​33.0110.31​10.318.21​8.213.51​3.518.00​8.002.25​2.2516.26​16.261.46​1.46PortfolioBenchmark02468101214161820222426283032343638404244Information TechnologyIndustrialsConsumer DiscretionaryMaterialsCommunication ServicesUtilitiesFinancialsReal EstateHighcharts.com

Management commentary

Effective date: 30/09/2026In September, global equities rose by +1.10% in euros, but in a mixed environment characterized by a strong concentration of gains in technology stocks and communication services. The launch of Muse, Meta’s new personal agent, served as a new catalyst for the technology sector, strengthening demand prospects for the infrastructure required to deploy AI agents, particularly semiconductors and CPUs. However, this positive momentum for equities took place in a much more restrictive interest rate environment. The yield on 10-year US Treasuries rose by 53 basis points over the month to reach 5.3%, driven by persistent inflationary pressures, concerns about the trajectory of public finances, and considerable financing needs, in addition to the massive investments required for the development of AI-related infrastructure. This rise in US rates spread to European bond markets, with particularly strong pressure in France: the French 10-year yield rose by 61 basis points to reach (4.85%), compared to only 26 basis points for the German Bund (3.6%), as concerns about the French budget trajectory were amplified by the approach of the 2027 presidential election. The sharp rise in oil prices, with Brent up by around 14% over the month amid ongoing tensions in the Middle East, further heightened inflation fears.

In this context, the fund rose by 0.17%, compared to +1.1% for the MSCI ACWI in euros. The technology sector was the main detractor (-0.49 point), despite an absolute increase of +4.60% in the fund’s positions. Within semiconductors (-0.66 point), the positive contributions from Nvidia (+0.08 point), Analog Devices (+0.09 point), and Infineon Technologies (+0.06 point) did not offset our underweight in CPU manufacturers (AMD cost 0.23 point, and Intel 0.14 point), and in memory. Conversely, software contributed 0.15 point, notably thanks to CrowdStrike (+0.26 point) and Palo Alto Networks (+0.07 point), despite Autodesk (-0.25 point). Communication services weighed in at 0.28 point, mainly due to the absence of Meta (-0.34 point). Materials also contributed negatively (-0.28 point), penalized mainly by CRH (-0.36 point), as did utilities (-0.24 point) and industry (-0.24 point). These effects were partially offset by financials (+0.32 point). Movements remained limited during the month.

Finally, while AI remained a powerful market driver, questions surrounding its development have increased. The debate now focuses as much on the sector’s considerable financing needs as on the ability to control increasingly autonomous agents. At the same time, opposition to the development of data centers is intensifying in the United States, particularly around their electricity and water consumption, and is gradually becoming a political issue as the midterm elections approach. In this context, we are maintaining but not increasing the portfolio’s exposure to the data center infrastructure theme.

Characteristics

General data

Inception date
17/09/2019
First Nav Date
17/09/2019
Currency
EUR
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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 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 costs1.95% of the value of your investment per year. This percentage is based on actual costs over the last year.€185.06
Transaction costs0.19% 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.€17.98
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.

€0.00

Codification

ISIN code
LU1989763773
Bloomberg code
Reuters code

Investment Objective

The Compartment's objective is to outperform global equity markets over a long-term period (minimum of five years) by investing in international equities which contribute to urbanisation and sustainable development of cities, while integrating Environmental, Social and Governance (E, S, and G - or, when taken together, ESG) criteria in the investment process.

Documents

LanguageDocumentsTypeClosing Date
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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