Oddo BHF Avenir Europe CR EUR

The Fund's management objective is to increase long-term capital growth by outperforming its benchmark, the index, over a minimum investment horizon of 5 years, while taking ESG criteria into account. The Fund is a stock-picking fund, actively managed on a discretionary basis with reference to its performance indicator. Between 75% and 100% of the Fund's assets are permanently invested in equities of issuers headquartered in a European Economic Area country or in a non-EEA OECD member country. Investment outside the European Economic Area and OECD countries is limited to 20%. The investment universe is made up of the stocks that make up the MSCI Europe Smid Cap Net Return EUR (when the portfolio is first acquired), as well as other stocks of companies headquartered in the European Economic Area (EEA) or any other European OECD member country, with a market capitalization of between €500 million and €10 billion (when the portfolio is first acquired). On an ancillary basis, the Fund may also invest in securities of companies located in the same geographical area, with a market capitalization of less than 500 million euros (at the time of the first portfolio acquisition). The Fund's composition may deviate significantly from that of the benchmark index. Initially, the management team takes significant account of extra-financial criteria, using a selective approach that eliminates at least 20% of the investment universe. This selective approach is carried out in two stages. Stage 1. Strict exclusions are implemented in accordance with the Management Company's common set of exclusions and the Fund's specific exclusions. Step 2: The ESG rating of companies in the investment universe is taken into account. To this end, the management team relies on extra-financial data and ratings supplied by an external data provider, MSCI ESG Research. The lowest-rated companies are thus excluded from the investment universe. Further information on ESG analysis is available in the prospe

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No