CPR Invest Climate Action E EUR Acc

The Compartment's sustainable investment is focused on tackling climate change and aims to obtain a lower carbon intensity than its reference index or Investment universe by selecting investments as described below. The Compartment integrates Sustainability Factors in its investment process as outlined in more detail in section “Sustainable Investment” of the Prospectus. The Compartment’s objective is to outperform global equity markets over a long-term period (minimum of five years) by investing in international equities committed to limiting impact of climate change, while integrating Environmental, Social and Governance (E, S, and G – or, when taken together, ESG) criteria in the investment process. The investment strategy of the Compartment aims to select securities of companies of any countries, sectors, and any capitalization. Each sector is analysed and securities are selected based on the fund manager's investment convictions. The final portfolio consist of companies offering the best financial and non-financial prospects. In order to select companies that are in the best position to tackle climate change, the Management Company relies on CDP’s data. CDP is a provider specialised in environment-related information. Companies in the investment universe are analysed from a climate perspective so as to select those that are most virtuous according to the CDP's assessment standards. The investment universe is made up at least 90% of companies with a CDP score. At least, 90% of portfolio stocks are rated by the CDP and have an ESG score. The Management Company integrates an additional sustainable approach by analyzing companies that have alredady been selected on the basis of its internal ESG analysis methodology an excluding those based on the following : - worst overall ESG scores ; - worst Environment and Governance scores ; - worst scores on Environmental sub-criteria ; - high ESG controversies. Depending on the improvement of data availability and consistency, the Management Company may use additional data it considers to fine tune the way it identifies companies that are in the best position to tackle climate change. The Management Company undertakes to reduce the investment universe by at least 20% by excluding companies with the worst CDP climate scores and those excluded from its own internal ESG analysis methodology. The investment process implemented aims to build a portfolio in line with the Paris Agreement 1.5° temperature goal and whose carbon footprint will be lover compared to the MSCI All Country World Index (MSCI ACWI) Net Return Index which is representative of its investment universe. The Management Company has set up a mechanism that offsets the residual carbon footprint of the compartment through the use of Verified Emission Reduction units ('VERs') that finance projects which decrease or avoid CO2 emissions. For further information, please refer to the prospectus. The carbon footprint reduction policy and socially responsible investment policy (objectives, criteria, ratings) are further detailled and available on the Company website ('SRI transparency code' of the Compartment). The Compartment is invested for at least 75% of its assets in equity and equity equivalent securities of any country without constraints of capitalization. Among this proportion of 75% of its assets, the Compartment may invest in China A shares via Stock Connect within a maximum of 25% of its assets. The Compartment is actively managed. The Compartment may use a Benchmark a posteriori as an indicator for assessing the Compartment's performance and, as regards the performance fee benchmark used by relevant share classes, for calculating the performance fees. There are no constraints relative to any such Benchmark restraining portfolio construction. Derivative instruments may be used by the Compartment for hedging, arbitrage, exposure purposes and/or efficient portfolio management. The Compartment pursue Article 9 of the Disclosure Regulation regarding sustainable investments. CPR Invest - Climate Action - E EUR - Acc is EUR denominated. CPR Invest - Climate Action - E EUR - Acc has a recommended investment horizon of more than 5 years . CPR Invest - Climate Action - E EUR - Acc accumulates its net profit and net realized capital gains. You may redeem your shares at each net asset value, calculated on a daily basis in accordance with the terms specified in the prospectus