My account

CPR Invest - Global Resources - T1 EUR - Acc ISIN : LU1989770042

CPR Invest - Global Resources - T1 EUR - Acc
T(C) - LU1989770042
Asset class: Equities
YTD
As of 10/09/2026
27.93%
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 11/09/2026
€23,221.41
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 11/09/2026
$1.22B
The Compartment's objective is to outperform (after applicable fees) over a long-term period (minimum 5 years), the S&P Global Natural Resources Index by investing in international equities mainly involved in the energy, gold and materials activities.

NAVs

NAV from 01/29/2021 to 09/11/2026
Select period
Created with Highcharts 11.4.8CPR Invest - Global Resources - T1 EUR - AccMay '21Sep '21Jan '22May '22Sep '22Jan '23May '23Sep '23Jan '24May '24Sep '24Jan '25May '25Sep '25Jan '26May '26Sep '26Sep '…7.5K10K13K15K18K20K23K25K

Performance

Change in NAV in base 100
FundCPR Invest - Global Resources - T1 EUR - Acc (136.42% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Global Resources - T1 EUR - AccBenchmarkMay '21Sep '21Jan '22May '22Sep '22Jan '23May '23Sep '23Jan '24May '24Sep '24Jan '25May '25Sep '25Jan '26May '26Sep '26Sep '…75100125150175200225250
Change in NAV in base 100Rolling performancesYear-on-year return (365 days)Annual returnsRisk indicatorsPerformances Scenarios
FundCPR Invest - Global Resources - T1 EUR - Acc (136.42% over the period)
Select period
Created with Highcharts 11.4.8CPR Invest - Global Resources - T1 EUR - AccBenchmarkMay '21Sep '21Jan '22May '22Sep '22Jan '23May '23Sep '23Jan '24May '24Sep '24Jan '25May '25Sep '25Jan '26May '26Sep '26Sep '…75100125150175200225250

Portfolio Analysis

Repartition 08/31/2026
Main Lines in Portfolio (Source: Amundi)Geographical breakdown (Source: Amundi)Currency
Sector
Weight
Spread / Index
EXXONMOBIL HOLDINGS CORPEnergy5.42%0.94%
NUTRIEN LTDMaterials5.01%0.08%
SHELL PLC GBPEnergy4.82%0.60%
TOTALENERGIES SE PARISEnergy4.50%1.62%
FREEPORT-MCMORAN INCMaterials3.34%0.83%
CHEVRON CORPEnergy3.02%0.42%
AGNICO EAG MINES-USDMaterials2.57%0.20%
NEWMONT CORP USDMaterials2.43%-0.76%
UPM-KYMMENE OYJMaterials2.38%-0.31%
CORTEVA INCMaterials2.30%-0.53%

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 episodic attacks, kept oil prices at high levels, continuing to fuel fears of accelerating inflation and thus weighing on the bond markets. Equity markets held up well against the volatility in oil prices, buoyed by renewed strength in the theme of artificial intelligence.

Non-ferrous metals generally performed well in August, following the recovery observed in July. Copper prices set a new record ($14,593/t). Zinc prices reached an annual high ($4,115/t), approaching the peaks seen in December 2006 and March 2022. Nickel prices, however, were weak. While steel prices were well oriented, iron ore prices fell again in August. There was divergence regarding lithium, with a clear recovery in prices in China, contrary to the rest of the world. Gold prices rebounded sharply, rising by almost 10% ($), after nearly reaching $4,700/oz during the month following the announcement by Scott Bessent of a plan to buy back maturities over 10 years for an amount that could approach $1T.

In the absence of developments in the Middle East, oil prices remained relatively stable in August. However, gas prices continued their ascent, rising by 7% to 18% depending on the American, European, or Asian markets, as markets worry about stocks that remain at historically low levels.

Poor summer conditions led to a sharp rise in cereal prices, jumping by 9% to 18% in August. There was no impact, however, on fertilizers, whose prices remained relatively stable in August.

In this environment, the natural resources theme once again posted a significant overall performance, exceeding that of global equities. While the energy and agriculture segments only made modest gains, metals and mining clearly stood out on the upside.
 
In this context, the fund recorded a distinctly positive performance, exceeding that of its benchmark index. Materials were the main contributor to performance, notably through metals and mining, including diversified miners (Hudbay Minerals, MP Materials, Ivanhoe Mines), copper producers (Ero Copper) and steel producers (Arcelor Mittal), as well as the gold sector. Underexposure to the paper sector was also beneficial. Energy contributed to performance through refining, supported by record margins, and uranium. Underexposure to the agriculture segment was also profitable.
 
Regarding portfolio management, the main increases concerned the energy sector, through integrated oil companies Chevron Corp, TotalEnergies, and ExxonMobil, and oil services companies Technip Energies, Vallourec, and Saipem. Conversely, profits were taken within metals and mining with reductions in Freeport McMoran, Hudbay Minerals, First Quantum, and Ero Copper among diversified miners, and Gold Fields and Anglogold Ashanti among gold companies.

Characteristics

General data

Inception date
16/10/2020
First Nav Date
29/01/2021
Currency
EUR
Show more
Valuation
Daily
Minimum initial investment
100 share(s)
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 costs0.20% of the value of your investment per year. This percentage is based on actual costs over the last year.€19.00
Transaction costs0.32% 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.€30.52
Incidental costs taken under specific conditions (Investment EUR 10,000)
Performance feesThere is no performance fee for this product.€0.00

Codification

ISIN code
LU1989770042
Bloomberg code
Reuters code

Investment Objective

The Compartment's objective is to outperform (after applicable fees) over a long-term period (minimum 5 years), the S&P Global Natural Resources Index by investing in international equities mainly involved in the energy, gold and materials activities.

Documents

LanguageDocumentsTypeClosing Date
FR
PDF
01/09/2026
PDF
31/07/2025
PDF
03/08/2026
PDF
31/01/2026
FR
PDF
31/07/2025
FR
PDF
26/10/2016
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
Legal notices Accessibility: non-compliant Cookies preferences