Candriam Equities L ESG Market Neutral, V - Capitalisation/  LU2721429129  /

The fund seeks to achieve capital growth by investing in the principal assets traded and to outperform the benchmark. The management team makes discretionary investment choices based on economic/financial analyses. In order to achieve its management objective, the fund adopts a so-called "Market Neutral" management style, i.e. the Manager will take both long and short positions on equities simultaneously. Short positions are taken solely through derivative financial instruments. This management style makes it possible to maintain a limited net exposure to equity markets. There are three steps in the investment process: Firstly, the fund takes account of an analysis of ESG aspects specific to Candriam. Then a quantitative investment framework is used to calculate the expected yield and risk for stocks taking account of a range of different aspects. Finally, the portfolio is built taking account of the ESG analysis of the risk and yield expected as well as other criteria such as liquidity. Thus, the Manager seeks to take simultaneously both long positions on equities that have good ESG characteristics and for which the expected return is positive and short positions on other equities that have weak ESG characteristics and for which the expected return is negative.

The fund seeks to achieve capital growth by investing in the principal assets traded and to outperform the benchmark.