CPR Asset Management has unveiled a fund of funds investing in in-house thematic equity funds.
Smart Trends Fund seeks to benefit the long-term growth offered by thematic equities within a cautious and flexible multi-asset framework.
The fund will be managed by Jean-Marie Debeaumarché and Mohamed Dohni, both global multi-asset portfolio managers, in close collaboration with the thematic equity management team.
With ‘Smart Trends’ we are bringing together two areas of expertise that have been an integral part of CPR AM’s investment DNA: thematic equities and multi-asset."
The strategy will have a fixed 35% investment into in-house thematic funds, which represent the full spectrum of CPR AM's investment themes, including ageing populations, education, climate action, disruption, and the food value chain.
The multi-asset team will routinely perform an analysis of the market and macroeconomic environment, and on that basis the fund will have the flexibility to modify the equity exposure up to a maximum of 35% through overlay strategies in order to mitigate the portfolio's risk level. The rest of the fund will be exposed to fixed income and cash.
The investment process will apply ESG filters and SRI criteria by investing at least 50% of its assets in vehicles that are deemed responsible.
Gilles Cutaya, deputy CEO, said: "With ‘Smart Trends' we are bringing together two areas of expertise that have been an integral part of CPR AM's investment DNA: thematic equities and multi-asset.
"We will offer savers a solution that combines the long-term performance drivers of megatrends with a defensive profile. This fund is a perfect example of CPR AM's complementary expertise in ESG, thematic equities and multi-asset investing."