SYCOMORE ENVIRONMENTAL EURO IG CORPORATE BONDS (Anteilsklasse IC)/  LU2431794754  /

Fonds
NAV2024-07-19 Chg.-0.1470 Type of yield Investment Focus Investment company
104.6110EUR -0.14% reinvestment Bonds Worldwide Sycomore AM 

Investment strategy

The objective of the SYCOMORE ENVIRONMENTAL EURO IG CORPORATE BONDS fund (denominated in EUR) is to outperform the Barclays Capital Euro Corporate ex-Financials Bond TR index over a minimum recommended investment period of three years by investing in companies whose business model, products, services or production processes contribute positively to the challenges of the energy and ecological transition through a thematic SRI strategy. The Sub-Fund has a sustainable investment objective within the meaning of Article 9 of the SFDR, by investing in companies which value the ecological transition as a key pillar of sustainable development. The net assets of the Sub-Fund will be exposed at all times to at least 70% in bonds (including convertible bonds but with a sub-limit up to 20%) and other corporate debt securities, including at least 50% in euros, according to the following geographical distribution : (i) Securities issued by companies with their registered office in a member country of the European Union, in the United Kingdom, Switzerland or Norway, will represent at least 50% of the net assets, (ii) Securities issued by companies having their registered office outside the above-mentioned geographical areas, including in emerging countries, will represent up to 25% of the net assets. The Sub-Fund may invest up to 100% of its net asset value in green bonds. Green bonds are bonds financing environmental projects such as renewable energy, pollution prevention, energy efficiency, biodiversity preservation, etc. The Sub-Fund is not subject to any sector restrictions other than a limit of 10% of net assets on securities issued by companies in the banking and insurance sector, while the currency risk associated with investments in currencies other than the euro is limited to 10%. These bonds and other debt securities must be rated at least B- (or equivalent) by one of the three main rating agencies (Standard & Poor's, Moody's and Fitch Ratings). Securities that are considered speculative ('High Yield') or that do not have a rating may not, in aggregate, represent more than 10% of the net assets. In the event that a bond issue does not have a separate credit rating, the credit rating of the issuer or its associated group may be used if it exists.
 

Investment goal

The objective of the SYCOMORE ENVIRONMENTAL EURO IG CORPORATE BONDS fund (denominated in EUR) is to outperform the Barclays Capital Euro Corporate ex-Financials Bond TR index over a minimum recommended investment period of three years by investing in companies whose business model, products, services or production processes contribute positively to the challenges of the energy and ecological transition through a thematic SRI strategy. The Sub-Fund has a sustainable investment objective within the meaning of Article 9 of the SFDR, by investing in companies which value the ecological transition as a key pillar of sustainable development.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Corporate Bonds
Benchmark: Barclays Capital Euro Corporate Ex-Financials TR
Business year start: 01-01
Last Distribution: -
Depository bank: BNP PARIBAS, Luxembourg branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Luxembourg
Fund manager: Anne-Claire Imperiale, Tony Lebon, Emmanuel de Sinety, Stanislas de Bailliencourt
Fund volume: 56.61 mill.  EUR
Launch date: 2023-11-16
Investment focus: -

Conditions

Issue surcharge: 2.00%
Max. Administration Fee: 1.00%
Minimum investment: - EUR
Deposit fees: 0.50%
Redemption charge: 0.00%
Ongoing charges (2018-12-31): 1.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Sycomore AM
Address: 14 avenue Hoche, 75008, Paris
Country: France
Internet: de.sycomore-am.com/
 

Assets

Bonds
 
97.00%
Cash
 
3.00%

Countries

France
 
25.00%
Italy
 
15.00%
Netherlands
 
14.00%
Finland
 
7.00%
Norway
 
6.00%
Spain
 
5.00%
Sweden
 
5.00%
Germany
 
4.00%
United Kingdom
 
4.00%
Austria
 
3.00%
Cash
 
3.00%
United States of America
 
2.00%
Belgium
 
2.00%
Denmark
 
2.00%
Ireland
 
2.00%
Japan
 
1.00%