CPR Invest - Biodiversity - A EUR - Acc ISIN : LU3110816249
CPR Invest - Biodiversity - A EUR - Acc
Asset class: Equities
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 04/09/2026€121.63
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 04/09/2026€223.06M
The Compartment's objective is to outperform the MSCI World Index, over the recommended holding period (at least five years) through active management of international equities, while incorporating indicators for analysing the sustainability of biodiversity practices.
Marketing Communication
NAVs
NAV from 10/20/2025 to 09/04/2026
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Performance
Change in NAV in base 100
FundCPR Invest - Biodiversity - A EUR - Acc (12.54% over the period)
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* 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.
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 - Biodiversity - A EUR - Acc (12.54% over the period)
Select period
* 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.
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
Management commentary
Effective date: 31/07/2026Key highlights of the month
July 2026 was dominated by the renewed geopolitical tensions between Iran and the United States, in a context of the end of negotiations. This development led to a sharp rise in Brent prices in the first part of the month, reaching $100 per barrel, before a slight decline at the end of the period to $89. In the United States, total inflation for June surprised on the downside, at 3.5%, benefiting from lower energy prices and a more widespread slowdown in underlying inflation. In the eurozone, July inflation, on the contrary, surprised on the upside, at 2.9%, due to the rebound in energy prices.
In the United States, the ISM manufacturing and services indices edged down slightly in June, to 53 and 54, while still being consistent with growth close to 2%. However, the June employment report was disappointing and revived questions about the strength of the previous three releases, which had been significantly above expectations.
In Japan, business surveys remain well oriented, with a manufacturing PMI at 54.7 and a services PMI at 51.9. Conversely, China continues to stand out unfavorably, with the economic downturn worsening in July, as the composite PMI hit its lowest level since 2022.
On the monetary front, the main central banks kept their rates unchanged.
Equity markets moved in a mixed fashion. The S&P 500 remained almost flat (-0.1%), weighed down by technology, while the Eurostoxx 600 rose by 1.2%. The Nikkei fell by 8.1% and the MSCI Emerging Markets by 3.3%. Sovereign yields rose sharply, with the US 10-year at 4.71% and the German 10-year at 3.17% at the end of the month. European credit spreads remained broadly stable, and gold ended the month almost unchanged.
Note:
A study published at the end of May in the journal Geophysical Research Letters suggests that trees planted by humans show higher growth than natural forests. Planted trees grow 66% faster than natural woodlands. Several explanatory factors are highlighted, such as the choice of seeded species (often eucalyptus or poplars, which grow quickly) or the active management from which reforested plants benefit. According to scientists, trees resulting from reforestation react more strongly to the increase in atmospheric carbon dioxide. (Since 1978, the Middle Kingdom has planted 66 billion trees. Some 34 billion more will be reforested by 2050).
Summary of the main positions of the month:
Over the month, the fund posted a slightly lower performance compared to the benchmark index.
We note a negative sector effect, despite a good contribution from Communication Services and Consumer Discretionary, but negative in the Energy and Technology sectors.
The main source of underperformance was the rebound in the energy sector, to which the fund is structurally not exposed due to its biodiversity positioning, with an estimated impact of around -0.40%. Added to this was the correction in semiconductor-related stocks and the technology investment chain, which were among the main detractors of the month: despite reductions already made upstream, the normalization of capex expectations and the halt in upward revisions for certain players, in a context of a sharp decline in the momentum factor, weighed on performance.
The country effect was positive, notably with a good contribution in Asia and North America but negative in Europe.
We also observe a neutral effect from our blend factor, with a contribution around -0.01%, and at the same time note a negative effect from our defensive factor, showing a contribution of -0.23%.
The market capitalization size effect was positive, and the effect related to the Biodiversity exclusion was positive.
During the review period, we were overweight on the Environment factor and underweight on the defensive factor.
At the stock level, we find very strong contributors to performance such as Tesla Inc (UW, -26.5%), Autodesk (OW, 19.7%), Central Japan Railway Company (OW, 16.6%), NetApp (OW, 15%).
Conversely, the following stocks penalized us: Applied Materials (OW, -30.2%), Lam Research (OW, -32.8%), Amazon.com (UW, 13.2%), Microsoft (UW, 23.8%).
Stock selection in software provided notable support, with the rebound of Autodesk, held in the portfolio, which mainly reflected a catch-up after the stress episode linked to fears of AI substitution in the software segment; new Buy coverages may also have contributed to the movement. NetApp rebounded in a similar dynamic. Japan also contributed positively via Central Japan Railway, whose rise was more of a technical rebound than a publication effect, as the latter occurred on the 31st, outside the period actually reflected by the prices. "Biodiversity solutions" exposures were more neutral, notably on Xylem, with no specific catalyst identified during the month.
Outlook for the following month:
The market environment is expected to remain dominated in the short term by geopolitical volatility and uncertainty surrounding oil price developments. The main risk remains the persistence of high crude prices, which could temporarily fuel inflation and delay monetary easing. In the United States, caution is still warranted due to high valuations, excessive market concentration, and a risk of disappointment in results or outlook. The theme of artificial intelligence remains promising, but its driver is gradually broadening beyond semiconductors, towards infrastructure, electricity, applications, and adjacent value chains. Europe, on the other hand, appears more attractive, with revaluation potential in the event of macroeconomic improvement and the materialization of announced reforms and investments. The financial, industrial, utilities sectors and certain quality stocks seem better positioned. Japan also maintains a favorable profile, supported by reasonable valuations and solid fundamentals.
We maintain a disciplined approach focused on companies providing solutions to biodiversity challenges, while assuming structural biases (no energy, underweighting certain mega-caps) that may create relative gaps during style rotations.
July 2026 was dominated by the renewed geopolitical tensions between Iran and the United States, in a context of the end of negotiations. This development led to a sharp rise in Brent prices in the first part of the month, reaching $100 per barrel, before a slight decline at the end of the period to $89. In the United States, total inflation for June surprised on the downside, at 3.5%, benefiting from lower energy prices and a more widespread slowdown in underlying inflation. In the eurozone, July inflation, on the contrary, surprised on the upside, at 2.9%, due to the rebound in energy prices.
In the United States, the ISM manufacturing and services indices edged down slightly in June, to 53 and 54, while still being consistent with growth close to 2%. However, the June employment report was disappointing and revived questions about the strength of the previous three releases, which had been significantly above expectations.
In Japan, business surveys remain well oriented, with a manufacturing PMI at 54.7 and a services PMI at 51.9. Conversely, China continues to stand out unfavorably, with the economic downturn worsening in July, as the composite PMI hit its lowest level since 2022.
On the monetary front, the main central banks kept their rates unchanged.
Equity markets moved in a mixed fashion. The S&P 500 remained almost flat (-0.1%), weighed down by technology, while the Eurostoxx 600 rose by 1.2%. The Nikkei fell by 8.1% and the MSCI Emerging Markets by 3.3%. Sovereign yields rose sharply, with the US 10-year at 4.71% and the German 10-year at 3.17% at the end of the month. European credit spreads remained broadly stable, and gold ended the month almost unchanged.
Note:
A study published at the end of May in the journal Geophysical Research Letters suggests that trees planted by humans show higher growth than natural forests. Planted trees grow 66% faster than natural woodlands. Several explanatory factors are highlighted, such as the choice of seeded species (often eucalyptus or poplars, which grow quickly) or the active management from which reforested plants benefit. According to scientists, trees resulting from reforestation react more strongly to the increase in atmospheric carbon dioxide. (Since 1978, the Middle Kingdom has planted 66 billion trees. Some 34 billion more will be reforested by 2050).
Summary of the main positions of the month:
Over the month, the fund posted a slightly lower performance compared to the benchmark index.
We note a negative sector effect, despite a good contribution from Communication Services and Consumer Discretionary, but negative in the Energy and Technology sectors.
The main source of underperformance was the rebound in the energy sector, to which the fund is structurally not exposed due to its biodiversity positioning, with an estimated impact of around -0.40%. Added to this was the correction in semiconductor-related stocks and the technology investment chain, which were among the main detractors of the month: despite reductions already made upstream, the normalization of capex expectations and the halt in upward revisions for certain players, in a context of a sharp decline in the momentum factor, weighed on performance.
The country effect was positive, notably with a good contribution in Asia and North America but negative in Europe.
We also observe a neutral effect from our blend factor, with a contribution around -0.01%, and at the same time note a negative effect from our defensive factor, showing a contribution of -0.23%.
The market capitalization size effect was positive, and the effect related to the Biodiversity exclusion was positive.
During the review period, we were overweight on the Environment factor and underweight on the defensive factor.
At the stock level, we find very strong contributors to performance such as Tesla Inc (UW, -26.5%), Autodesk (OW, 19.7%), Central Japan Railway Company (OW, 16.6%), NetApp (OW, 15%).
Conversely, the following stocks penalized us: Applied Materials (OW, -30.2%), Lam Research (OW, -32.8%), Amazon.com (UW, 13.2%), Microsoft (UW, 23.8%).
Stock selection in software provided notable support, with the rebound of Autodesk, held in the portfolio, which mainly reflected a catch-up after the stress episode linked to fears of AI substitution in the software segment; new Buy coverages may also have contributed to the movement. NetApp rebounded in a similar dynamic. Japan also contributed positively via Central Japan Railway, whose rise was more of a technical rebound than a publication effect, as the latter occurred on the 31st, outside the period actually reflected by the prices. "Biodiversity solutions" exposures were more neutral, notably on Xylem, with no specific catalyst identified during the month.
Outlook for the following month:
The market environment is expected to remain dominated in the short term by geopolitical volatility and uncertainty surrounding oil price developments. The main risk remains the persistence of high crude prices, which could temporarily fuel inflation and delay monetary easing. In the United States, caution is still warranted due to high valuations, excessive market concentration, and a risk of disappointment in results or outlook. The theme of artificial intelligence remains promising, but its driver is gradually broadening beyond semiconductors, towards infrastructure, electricity, applications, and adjacent value chains. Europe, on the other hand, appears more attractive, with revaluation potential in the event of macroeconomic improvement and the materialization of announced reforms and investments. The financial, industrial, utilities sectors and certain quality stocks seem better positioned. Japan also maintains a favorable profile, supported by reasonable valuations and solid fundamentals.
We maintain a disciplined approach focused on companies providing solutions to biodiversity challenges, while assuming structural biases (no energy, underweighting certain mega-caps) that may create relative gaps during style rotations.
Characteristics
General data
Inception date
20/10/2025First Nav Date
12/06/2025Currency
EURShow more
Valuation
DailyMinimum initial investment
1 10/1000° share(s)/equityMinimum additional investment
1 10/1000° share(s)/equityCosts Composition
| One-off costs upon entry or exit (Investment EUR 10,000) | If you exit after 1 year | ||
| Entry costs | This 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 costs | We 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 costs | 1.65% of the value of your investment per year. This percentage is based on actual costs over the last year. | €156.75 | |
| Transaction costs | 0.20% 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. | €19.00 | |
| Incidental costs taken under specific conditions (Investment EUR 10,000) | |||
| Performance fees | 15.00% annual outperformance of the reference asset 100% MSCI WORLD 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
LU3110816249Bloomberg code
CPIBAEA LXReuters code
LP68884680Investment Objective
The Compartment's objective is to outperform the MSCI World Index, over the recommended holding period (at least five years) through active management of international equities, while incorporating indicators for analysing the sustainability of biodiversity practices.
Documents
| Language | Documents | Type | Closing Date |
|---|---|---|---|
NL | PDF | 03/08/2026 | |
PDF | 03/08/2026 | ||
PDF | 31/01/2026 | ||
EN | PDF | 31/07/2025 | |
EN | PDF | 31/12/2024 |
Sustainability-related disclosures
| Language | Documents | Type | Closing Date |
|---|---|---|---|
NL | PDF | 20/10/2025 | |
PDF | 07/05/2026 |
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 the Amundi 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". Amundi 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 collective inestment scheme (UCITS) has been recognised for public marketing in the Netherlands by the Authority for The Financial Markets (AFM)
Nothing contained in this site constitutes a solicitation or offer by any member of the Amundi 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". Amundi 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 collective inestment scheme (UCITS) has been recognised for public marketing in the Netherlands by the Authority for The Financial Markets (AFM)