Candriam Sustainable Equity Circular Economy PI USD Acc
Fund
ISIN LU2109441415 / Valor 52156054
NAV (2025-01-07)
USD 1,232.42-0.14%
Candriam Sustainable Equity Circular Economy PI USD Acc
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General Objective
The fund aims to achieve capital growth by investing in small, mid, and large cap companies worldwide that provide solutions for a transition towards a circular economy. This includes companies involved in waste management, renewable resources, products and services life extension, as well as resources optimization.
Fund Exposure
The fund is exposed to companies that provide direct and tangible solutions to tackle circular economy challenges. It focuses on companies that are active in transforming their business operations and value chain into circular ones, with the aim of reducing greenhouse gas emissions and aligning with the Paris Agreement on climate change. The fund also invests a higher share of its assets in high stake companies than the Benchmark, as defined by the EU Climate Benchmark regulation.
Risks
The fund's risk and reward profile ranges from lower risk to higher risk, with potentially lower returns associated with higher risk investments. Market volatility and short-term trends could result in certain issuers outperforming more sustainable ones over shorter periods. The fund may also use derivative products for investment and hedging purposes, which could introduce additional risks.