CPR Invest - Global Lifestyles - A CZK - Acc ISIN : LU1989767170

CPR Invest - Global Lifestyles - A CZK - Acc
A CZK(C) - LU1989767170
Asset class: Equities
YTD
As of 26/08/2026
2.36%
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 26/08/2026
CZK 110.44
SFDR ClassificationSustainable Finance Disclosure Regulation
Art. 8
Fund AUM
As of 26/08/2026
$446.70M

The Compartment’s objective is to outperform the MSCI World (dividend reinvested) index over a long-term period (minimum of five years) by investing in international equities involved in the consumption related to individual self-fulfillment and well-being.

NAVs

NAV from 10/16/2020 to 08/26/2026
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Created with Highcharts 11.4.8CPR Invest - Global Lifestyles - A CZK - AccJan '21May '21Sep '21Jan '22May '22Sep '22Jan '23May '23Sep '23Jan '24May '24Sep '24Jan '25May '25Sep '25Jan '26May '26708090100110120130

Performance

Change in NAV in base 100
FundCPR Invest - Global Lifestyles - A CZK - Acc (67.72% over the period)
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Created with Highcharts 11.4.8ABCPR Invest - Global Lifestyles - A CZK - AccBenchmarkJul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '2650100150200250300350
A. Simulation based on the performance from inception to Oct 15, 2020 of AF - CPR Global Lifestyles - AK (C) absorbed by CPR Invest - Global Lifestyles - A CZK - Acc on Oct 16, 2020. CPR Invest - Global Lifestyles - A CZK - Acc has adopted a fee structure with the same total ongoing charges than those of AF - CPR Global Lifestyles - AK (C) estimated at the merger date Oct 16, 2020.B. Performance of CPR Invest - Global Lifestyles - A CZK - Acc since its launch date.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.
*All performance figures are calculated in your selected currency based NAV to NAV with gross income accumulated.

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 Lifestyles - A CZK - Acc (67.72% over the period)
Select period
Created with Highcharts 11.4.8ABCPR Invest - Global Lifestyles - A CZK - AccBenchmarkJul '17Jul '18Jul '19Jul '20Jul '21Jul '22Jul '23Jul '24Jul '25Jul '2650100150200250300350
A. Simulation based on the performance from inception to Oct 15, 2020 of AF - CPR Global Lifestyles - AK (C) absorbed by CPR Invest - Global Lifestyles - A CZK - Acc on Oct 16, 2020. CPR Invest - Global Lifestyles - A CZK - Acc has adopted a fee structure with the same total ongoing charges than those of AF - CPR Global Lifestyles - AK (C) estimated at the merger date Oct 16, 2020.B. Performance of CPR Invest - Global Lifestyles - A CZK - Acc since its launch date.Performance published and achieved before the date of the change corresponds to a different strategy from the current one.
*All performance figures are calculated in your selected currency based NAV to NAV with gross income accumulated.

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 07/31/2026
Sector allocationMain Lines in Portfolio (Source: Amundi)Geographical breakdown (Source: Amundi)Currency
Created with Highcharts 11.4.8Values27.25​27.2523.64​23.6415.12​15.1213.07​13.079.62​9.626.71​6.713.34​3.348.70​8.7029.10​29.1016.89​16.897.81​7.815.15​5.159.28​9.2811.43​11.43PortfolioBenchmark02468101214161820222426283032Consumer DiscretionaryInformation TechnologyFinancialsCommunication ServicesConsumer StaplesHealth CareIndustrialsHighcharts.com

Management commentary

Effective date: 31/07/2026July 2026 was shaped by the resurgence of hostilities between Iran and the United States. This led Brent crude oil to rally by 22%, peaking at $100 per barrel before easing slightly toward month-end to $89. Bond markets also came under pressure, with US 10-year Treasury yields ending the month at 4.71%.
Against this backdrop, equity markets delivered a mixed performance. The US market was broadly flat, down just 0.1%, while the Euro Stoxx 600 gained 1.2% and the Nikkei fell 8%. The month was marked by a clear sector rotation, with technology underperforming (-4.7%, including -14% for semiconductors) and capital moving toward financials (+5.8%, particularly less cyclical insurers) and more defensive areas such as consumer staples (+1.8%).
Within technology, investor sentiment diverged sharply amid concerns over a potential slowdown in AI-related demand, doubts about profitability, and the ability to finance extremely large investment programs. Microsoft (+23.8%) and Amazon (+13%) reassured the market, while Alphabet (-1%) and Meta (-1.8%) lagged.
In this context, the fund rose by 0.4%, (A share net of fees) compared with a 0.12% decline in the MSCI World, resulting in 50 basis points of outperformance.
In cyclical consumer names, the relative performance benefited from the rebound in our Chinese exposures, which were sought after in July following the weakness in US technology stocks. BYD (+29%) stood out, with export volumes outperforming domestic activity for the first time, while Alibaba (+22%) benefited from progress in Chinese AI.
Among the other positive contributors:
  • the travel segment showed strong resilience, with Booking (+7%) and Royal Caribbean (+7%);
  • Burlington (+16%) benefited from expectations of earnings growth of around 20% per year, supported by improved store productivity, new openings, and broader assortment diversification into categories such as beauty and home;
  • Amazon (+15.7%) was driven by a 37% increase in AWS (cloud activity). Management reassured investors on the strength of underlying demand, supporting higher capital expenditure plans, with AWS orders reaching $496 billion and potential medium-term opportunity estimated at $1 trillion, around five times current levels.
  • Tesla (-26%, underweight in the fund) reported results well below expectations, with operating profit down 57%, particularly in the automotive segment due to the end of US credits and rising competition in China. Higher investment in robotaxis, humanoids, and AI, further increased uncertainty around returns on capital.
Communication services also contributed positively, supported by Spotify (+8%) and Tencent (+8%), the latter benefiting from a rotation out of US technology stocks as well as resilient gaming revenues and WeChat-related services.
The relative performance was negatively impacted by energy, following the rebound in oil prices; financials (underweight positions on insurers (strong performance +6%); and consumer staples, with Danone down nearly 6% as it struggled to benefit from the momentum in the high-protein yogurt segment in the United States.
Portfolio Moves
We took profits in Richemont following very strong results, which are however already reflected in the current valuation, now at an all-time high of 27x forward earnings.
We began reducing our exposure to French equities in anticipation of the negative market perception likely to build ahead of the 2027 elections.
We increased our exposure to Ferrari, whose pricing power and product launch pipeline support growth above the group’s conservative guidance set at its Investor Day in November 2025.
Outlook
We remain disciplined and selective in our thematic consumer exposure, favoring experiences, travel, and premium consumption, while diversifying the portfolio toward other market segments such as financials with exposure to consumer credit.
In a concentrated market still dominated by AI, we remain attentive to valuation risk and interest-rate sensitivity, and continue to favour balance sheet quality and the ability to defend margins.
 

Characteristics

General data

Inception date
16/10/2020
First Nav Date
22/05/2014
Currency
CZK
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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 CZK 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 CZK 12,500.00
Exit costsWe do not charge an exit fee for this product, but the person selling you the product may do so.CZK 0.00
Ongoing costs taken each year (Investment CZK 10,000)
Management fees and other administrative or operating costs1.99% of the value of your investment per year. This percentage is based on actual costs over the last year.CZK 4,733.38
Transaction costs0.44% 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.CZK 1,044.58
Incidental costs taken under specific conditions (Investment CZK 10,000)
Performance fees

15.00% annual outperformance of the reference asset 15% of the difference between the net assets of the Share Class and the Reference Asset. Performance indicator : MSCI World Net Return. ESMA methodology since 01/01/2022. 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.

CZK 0.00

Codification

ISIN code
LU1989767170
Bloomberg code
Reuters code

Investment Objective

The Compartment’s objective is to outperform the MSCI World (dividend reinvested) index over a long-term period (minimum of five years) by investing in international equities involved in the consumption related to individual self-fulfillment and well-being.

Documents

LanguageDocumentsTypeClosing Date
EN
PDF
18/12/2025
PDF
31/07/2025
PDF
25/06/2026
PDF
31/01/2026
EN
PDF
26/10/2016
The net asset value (NAV) price is the value of one unit of the Fund as of the date listed. The NAV does not take into account any sales charges that may apply when shares are purchased or redeemed.
The prospectuses for the above Authorised Funds are available and may be obtained from the Manager or its authorised distributors. Investors should read the relevant prospectus before deciding to invest in the Funds. All applications for the Funds must be made on application forms accompanying the prospectus.
Past performance and any forecasts made are not indicative of future performance of the Funds. The information on this website is intended for general circulation without taking into account the specific investment objectives, financial situation or particular needs of any particular investor. An investor may wish to seek advice from a financial adviser regarding the suitability of any of the Funds before making a commitment to purchase units in the Funds. In the event an investor chooses not to do so, the investor should consider whether the Funds are suitable for him. For Funds that make payouts, the payouts are neither guaranteed nor assured unless specifically stated in the prospectus of the relevant fund. The Manager has the sole discretion to determine whether a payout is to be made and the rate and/or frequency of distribution.
Investments in the Funds are subject to investment risks, including the possible loss of the principal amount invested. Value of the units in the Funds and the income accruing to the units, if any, may fall or rise. Investors should read the Prospectus before making an investment decision.
Performances are also calculated without taking into account any tax that may lie with the product and/or the customer. The tax efffect depends on the customer’s individual situation and may change. Future returns will inter alia depend on market developments, the fund manager’s skill, the fund’s level risk and subscription and redemtion fees.
The Key investor Informations document (KIID) and the prospectus of the fund, as well as the annual and semi-annual reports are available free of charge on the website www.cpr-am.com and from the Representative or Paying Agents listed below : Representative : AMUNDI SINGAPORE LTD - 168 Robinson Road 24-01, Capital Tower - Singapore 068912
© CPR Asset Management 2025
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