CPR Invest - Global Resources - I EUR - Acc ISIN : LU1989769978

CPR Invest - Global Resources - I EUR - Acc
I EUR(C) - LU1989769978
Asset class: Equities
YTD
As of 10/09/2026
27.37%
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
€226.31
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 10/09/2026
$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 10/16/2020 to 09/10/2026
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Created with Highcharts 11.4.8CPR Invest - Global Resources - I EUR - AccJan '21May '21Sep '21Jan '22May '22Sep '22Jan '23May '23Sep '23Jan '24May '24Sep '24Jan '25May '25Sep '25Jan '26May '26Sep '26Sep '…75100125150175200225250

Performance

Change in NAV in base 100
FundCPR Invest - Global Resources - I EUR - Acc (135.76% over the period)
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Created with Highcharts 11.4.8ABCPR Invest - Global Resources - I EUR - AccBenchmarkJul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250
A. Simulation based on the performance from inception to Oct 15, 2020 of AF - CPR Global Resources - ME (C) absorbed by CPR Invest - Global Resources - I EUR - Acc on Oct 16, 2020. CPR Invest - Global Resources - I EUR - Acc has adopted a fee structure with a total ongoing charges higher by more 0,15% than those of AF - CPR Global Resources - ME (C) estimated at the merger date Oct 16, 2020.B. Performance of CPR Invest - Global Resources - I EUR - Acc since its launch date.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.
* 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 - Global Resources - I EUR - Acc (135.76% over the period)
Select period
Created with Highcharts 11.4.8ABCPR Invest - Global Resources - I EUR - AccBenchmarkJul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '2650100150200250
A. Simulation based on the performance from inception to Oct 15, 2020 of AF - CPR Global Resources - ME (C) absorbed by CPR Invest - Global Resources - I EUR - Acc on Oct 16, 2020. CPR Invest - Global Resources - I EUR - Acc has adopted a fee structure with a total ongoing charges higher by more 0,15% than those of AF - CPR Global Resources - ME (C) estimated at the merger date Oct 16, 2020.B. Performance of CPR Invest - Global Resources - I EUR - Acc since its launch date.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.
* 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
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
06/06/2019
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 costs1.11% of the value of your investment per year. This percentage is based on actual costs over the last year.€105.26
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 fees

15.00% annual outperformance of the reference asset 100% S&P GLOBAL NATURAL RESOURCES INDEX 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.

€10.17

Codification

ISIN code
LU1989769978
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
EL
PDF
01/09/2026
EN
PDF
31/07/2025
PDF
03/08/2026
PDF
31/01/2026
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 CPR Asset Management 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". CPR Asset Management 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.The Key Informations document (KID) and the prospectus of the fund, as well as the annual and semi-annual reports are available free of charge on the website www.cpram.com and from the Representative or Paying Agents : Alpha Bank, 35, Vas. Sofias Avenue – 106 75 Athens GR
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