DUFOSSÉ Nadège
Lead Manager
Candriam Sustainable Defensive Asset Allocation
Fund details
AUM - 28 OCT 2026
EUR 97,879,663.62
SFDR Category
“Sustainable Finance Disclosure Regulation” : Regulation 2019/2088 on sustainability-related disclosures in the financial services sector
Article 9
Last NAV - 28 OCT 2026
EUR 160.85
Morningstar™ category
EAA Fund EUR Cautious Allocation - Global
Morningstar™ sustainability Rating
- 31 AUG 2026
Morningstar launched the Morningstar Sustainability Rating (MSR) to help investors consider Environmental, Social and Corporate Governance (ESG) criteria when assessing their investments. Morningstar Sustainability globes are calculated using bottom-up assessments of the underlying securities of a portfolio, supported by the Sustainalytics methodology for assessing the ESG risk of companies and sovereigns. The Morningstar Sustainability Rating has several steps to accurately represent the relative risk within each portfolio. The result of the rating is a category of 1 to 5 “globes” for each eligible portfolio, indicating the fund’s ESG positioning relative to its peer group.
Marketing Communication. Please refer to the prospectus of the fund and to the key investor information document before making any investment decision. The documents can be obtained free of charge.
Risks
Lower Risk
Potentially lower return
Higher Risk
Potentially higher return
1
2
3
4
5
6
7
Definition
The summary risk indicator ("SRI") is an indicator with a rating ranging from 1 to 7 and corresponds to increasing levels of risk and return. The methodology for calculating this regulatory indicator is available in the KID.
The summary risk indicator ("SRI") is a guide to the level of risk of this product compared to other products.
It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
The summary risk indicator ("SRI") is an indicator with a rating ranging from 1 to 7 and corresponds to increasing levels of risk and return. The methodology for calculating this regulatory indicator is available in the KID.
The summary risk indicator ("SRI") is a guide to the level of risk of this product compared to other products.
It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
Historical NAV
Candriam Sustainable Defensive Asset Allocation
Historical NAV
8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return)
C CAP
This graph represents the synthetic net asset value of the fund. It is provided for information and illustrative purposes only. The synthetic net asset value is obtained by a recalculation of the values of the fund’s assets by leveling out the effect of securities transactions (split, coupon, dividend distribution...) in order to reflect the real performance of the fund share or unit. Data may be rounded for convenience. Data expressed in a currency other than that of the investor's country of residence is subject to exchange rate fluctuations, with a positive or negative impact. Gross performance may be impacted by commissions, fees and other expenses.
Important information
© 2026 Sustainalytics. All Rights Reserved. The information, data, analyses and opinions contained here: (1) includes the proprietary information of Sustainalytics; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice nor an endorsement of any product or project; (4) are provided solely for informational purposes; and (5) are not warranted to be complete, accurate or timely. Sustainalytics is not responsible for any trading decisions, damages or other losses related to it or its use. The use of the data is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers .
Overview
Legal documents
Download documents
PDF
About this fund
Candriam Sustainable Defensive Asset Allocation, (hereafter "the fund"), is a sub-fund of the Candriam Sustainable sicav. Its investment objective is to enable shareholders to benefit from the evolution of the global bonds markets as well as from the growth potential of the global equity markets and to outperform the benchmark; the main exposure is made towards bonds markets. The fund is intended for investors who seek to benefit from the evolution of the international bonds market and who are prepared to accept the risks of participating in international equity markets. The fund’s sustainable investment objective is to have long-term positive impact on environment and social domains. The analysis of ESG aspects is also integrated into the selection and global allocation of the underlying assets. Thus, the fund invests at least 90% of its net assets in sustainable investments. The investment horizon is 3 years. The fund is actively managed, and the investment approach implies a reference to a benchmark. For further information about this index and its use, please consult the fund’s key information document (KID).
Principali attivi negoziati:
Titoli obbligazionari e azionari di tutti i tipi di emittenti dei mercati mondiali principalmente attraverso OICVM e altri OIC.
Strategia d'investimento:
Il fondo mira a realizzare la crescita del capitale, investendo nei principali attivi scambiati, privilegiando un’esposizione alle obbligazioni e/o titoli analoghi ammissibili, e a sovraperformare l'indice di riferimento.
L’esposizione azionaria è sempre minoritaria e può essere ridotta in base alle aspettative del gestore del fondo in relazione all’andamento dei mercati finanziarie al fine di ridurre il rischio per l’investitore.
La ponderazione azionaria neutrale nel portafoglio è di circa il 20% (per ponderazione azionaria neutrale si intende la proporzione teorica degli attivi nel fondo esposti ad azioni dal cui punto il team di investimento determina la ripartizione degli attivi del fondo in base alle sue previsioni sui mercati finanziari).
Il team di gestione effettua scelte di investimento discrezionali in base a una procedura di analisi economico-finanziaria, nonché all’analisi esclusiva Candriam dei fattori ESG (ambientali, sociali e di governance), entrambi indicativi dei rischi e delle opportunità a lungo termine.
L'obiettivo d’investimento sostenibile del Fondo è esercitare un impatto positivo a lungo termine in ambito ambientale e sociale. L'analisi degli aspetti ESG è parte integrante della selezione e allocazione globale degli attivi sottostanti.
Il fondo si propone di raggiungere un'impronta di carbonio inferiore almeno del 25% rispetto a quella del Benchmark.
Il fondo investe almeno il 90% dei suoi attivi netti in investimenti sostenibili. La vasta maggioranza dei fondi sottostanti ha un obiettivo d'investimento sostenibile in valori mobiliari e/o altri strumenti finanziari con un obiettivo d'investimento sostenibile. Per gli investimenti in linee dirette, le emissioni corporate devono essere qualificabili come investimenti sostenibili. Il fondo mira inoltre ad escludere gli investimenti in società non conformi a determinati standard e principi riconosciuti a livello internazionale o che sono fortemente esposte ad alcune attività controverse o che collaborano con paesi governati da regimi ritenuti altamente oppressivi. Il processo di selezione e allocazione è accompagnato, ove applicabile indirettamente attraverso i fondi sottostanti, da una gestione attiva, in particolare attraverso il dialogo con società e, in qualità di azionisti, tramite le votazioni alle assemblee generali.
Il risultato di questo approccio all’investimento porterà il fondo ad evitare determinati emittenti a causa della scarsa qualità ESG o del ridotto contributo al raggiungimento degli obiettivi di sostenibilità. Sebbene il gestore ritenga probabile che questi emittenti siano destinati a perdere terreno a lungo termine rispetto a quelli più sostenibili, la volatilità e i trend a breve termine del mercato potrebbero portare su periodi più brevi a una sovraperformance di tali emittenti rispetto a quelli più sostenibili.
Il fondo non ha fatto richiesta di Etichetta ISR francese.
Per ulteriori informazioni, fare riferimento al sito web di Candriam e/o al prospetto.
Il fondo può anche utilizzare prodotti derivati sia a scopo di investimento che per fini di copertura (copertura da futuri eventi finanziari avversi).
Indice di riferimento:8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return).
Il fondo è gestito attivamente e l’approccio d’investimento implica il riferimento a un indice di riferimento. Definizione dell’indice di riferimento:
Bloomberg Euro-Aggregate 1-10 Year (Total Return): misura il rendimento delle obbligazioni investment-grade denominate in euro con scadenze comprese tra 1 e 10 anni.
MSCI Europe (Net Return): misura la performance del segmento azionario delle grandi e medie capitalizzazioni tra tutti i mercati sviluppati in Europa.
MSCI USA (Net Return): misura la performance del segmento azionario delle grandi e medie capitalizzazioni del mercato statunitense.
MSCI Emerging Markets (Net Return): misura il rendimento del segmento azionario delle grandi e medie capitalizzazioni tra tutti i paesi dei mercati emergenti.
MSCI Japan (Net Return): misura la performance del segmento azionario delle grandi e medie capitalizzazioni del mercato giapponese.
Utilizzo dell’indice di riferimento:
- nella determinazione dei livelli di rischio/ parametri,
- a titolo di raffronto tra i rendimenti,
- per il calcolo delle commissioni di performance per talune classi di azioni, se del caso.
Livello di deviazione della composizione di portafoglio dall’indice di riferimento:
Data la gestione attiva del fondo, il suo obiettivo è quello di non investire in tutte le componenti dell’indice di riferimento, né di investire in egual misura nelle componenti dell’indice di riferimento. In normali condizioni di mercato, il tracking error del fondo sarà limitato a moderato, ossia compreso tra 0,5% e 3%.
Questa misura è una stima della deviazione della performance del fondo rispetto a quella dell’indice di riferimento. Maggiore è il tracking error, più importanti sono le deviazioni rispetto all’indice di riferimento. Il tracking error effettivo dipende in particolare dalle condizioni di mercato (volatilità e correlazioni tra strumenti finanziari) e può deviare dal tracking error atteso.
Titoli obbligazionari e azionari di tutti i tipi di emittenti dei mercati mondiali principalmente attraverso OICVM e altri OIC.
Strategia d'investimento:
Il fondo mira a realizzare la crescita del capitale, investendo nei principali attivi scambiati, privilegiando un’esposizione alle obbligazioni e/o titoli analoghi ammissibili, e a sovraperformare l'indice di riferimento.
L’esposizione azionaria è sempre minoritaria e può essere ridotta in base alle aspettative del gestore del fondo in relazione all’andamento dei mercati finanziarie al fine di ridurre il rischio per l’investitore.
La ponderazione azionaria neutrale nel portafoglio è di circa il 20% (per ponderazione azionaria neutrale si intende la proporzione teorica degli attivi nel fondo esposti ad azioni dal cui punto il team di investimento determina la ripartizione degli attivi del fondo in base alle sue previsioni sui mercati finanziari).
Il team di gestione effettua scelte di investimento discrezionali in base a una procedura di analisi economico-finanziaria, nonché all’analisi esclusiva Candriam dei fattori ESG (ambientali, sociali e di governance), entrambi indicativi dei rischi e delle opportunità a lungo termine.
L'obiettivo d’investimento sostenibile del Fondo è esercitare un impatto positivo a lungo termine in ambito ambientale e sociale. L'analisi degli aspetti ESG è parte integrante della selezione e allocazione globale degli attivi sottostanti.
Il fondo si propone di raggiungere un'impronta di carbonio inferiore almeno del 25% rispetto a quella del Benchmark.
Il fondo investe almeno il 90% dei suoi attivi netti in investimenti sostenibili. La vasta maggioranza dei fondi sottostanti ha un obiettivo d'investimento sostenibile in valori mobiliari e/o altri strumenti finanziari con un obiettivo d'investimento sostenibile. Per gli investimenti in linee dirette, le emissioni corporate devono essere qualificabili come investimenti sostenibili. Il fondo mira inoltre ad escludere gli investimenti in società non conformi a determinati standard e principi riconosciuti a livello internazionale o che sono fortemente esposte ad alcune attività controverse o che collaborano con paesi governati da regimi ritenuti altamente oppressivi. Il processo di selezione e allocazione è accompagnato, ove applicabile indirettamente attraverso i fondi sottostanti, da una gestione attiva, in particolare attraverso il dialogo con società e, in qualità di azionisti, tramite le votazioni alle assemblee generali.
Il risultato di questo approccio all’investimento porterà il fondo ad evitare determinati emittenti a causa della scarsa qualità ESG o del ridotto contributo al raggiungimento degli obiettivi di sostenibilità. Sebbene il gestore ritenga probabile che questi emittenti siano destinati a perdere terreno a lungo termine rispetto a quelli più sostenibili, la volatilità e i trend a breve termine del mercato potrebbero portare su periodi più brevi a una sovraperformance di tali emittenti rispetto a quelli più sostenibili.
Il fondo non ha fatto richiesta di Etichetta ISR francese.
Per ulteriori informazioni, fare riferimento al sito web di Candriam e/o al prospetto.
Il fondo può anche utilizzare prodotti derivati sia a scopo di investimento che per fini di copertura (copertura da futuri eventi finanziari avversi).
Indice di riferimento:8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return).
Il fondo è gestito attivamente e l’approccio d’investimento implica il riferimento a un indice di riferimento. Definizione dell’indice di riferimento:
Bloomberg Euro-Aggregate 1-10 Year (Total Return): misura il rendimento delle obbligazioni investment-grade denominate in euro con scadenze comprese tra 1 e 10 anni.
MSCI Europe (Net Return): misura la performance del segmento azionario delle grandi e medie capitalizzazioni tra tutti i mercati sviluppati in Europa.
MSCI USA (Net Return): misura la performance del segmento azionario delle grandi e medie capitalizzazioni del mercato statunitense.
MSCI Emerging Markets (Net Return): misura il rendimento del segmento azionario delle grandi e medie capitalizzazioni tra tutti i paesi dei mercati emergenti.
MSCI Japan (Net Return): misura la performance del segmento azionario delle grandi e medie capitalizzazioni del mercato giapponese.
Utilizzo dell’indice di riferimento:
- nella determinazione dei livelli di rischio/ parametri,
- a titolo di raffronto tra i rendimenti,
- per il calcolo delle commissioni di performance per talune classi di azioni, se del caso.
Livello di deviazione della composizione di portafoglio dall’indice di riferimento:
Data la gestione attiva del fondo, il suo obiettivo è quello di non investire in tutte le componenti dell’indice di riferimento, né di investire in egual misura nelle componenti dell’indice di riferimento. In normali condizioni di mercato, il tracking error del fondo sarà limitato a moderato, ossia compreso tra 0,5% e 3%.
Questa misura è una stima della deviazione della performance del fondo rispetto a quella dell’indice di riferimento. Maggiore è il tracking error, più importanti sono le deviazioni rispetto all’indice di riferimento. Il tracking error effettivo dipende in particolare dalle condizioni di mercato (volatilità e correlazioni tra strumenti finanziari) e può deviare dal tracking error atteso.
Investment Team
DORLET Thibaut
Co-Manager
Performance
Historical NAV
Candriam Sustainable Defensive Asset Allocation
Historical NAV
8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return)
C CAP
This graph represents the synthetic net asset value of the fund. It is provided for information and illustrative purposes only. The synthetic net asset value is obtained by a recalculation of the values of the fund’s assets by leveling out the effect of securities transactions (split, coupon, dividend distribution...) in order to reflect the real performance of the fund share or unit. Data may be rounded for convenience. Data expressed in a currency other than that of the investor's country of residence is subject to exchange rate fluctuations, with a positive or negative impact. Gross performance may be impacted by commissions, fees and other expenses.
Cumulative Return
Past performance is not a reliable indicator of future performances. Markets could develop very differently in the future.
It can help you assess how the fund has been managed in the past.
| 1 year | 3 years | 5 years | |
|---|---|---|---|
| Fund | 2.17 | 4.54 | -0.01 |
| Benchmark | 2.90 | 5.86 | 1.70 |
| Difference | -0.73 | -1.32 | -1.72 |
Additional information
The returns listed above are provided on the basis of the Net Asset Value (NAV), net of commissions and reinvested income. All management fees and commissions are included in the calculation of past performance except for any entry and exit charges. Taxes are not included in the calculation of returns. The value or price converted into euros may be reduced or increased depending on fluctuations in the exchange rate. The fund is not a guaranteed investment. The NAVs are net of fees and are provided by the accounting department and the benchmark by the official providers.
Market developments (currency conversion, coupon, split, …) have an influence on the chart. This graph is provided for information purposes only and does not precisely illustrate the evolution of the fund's net assets. Data may be rounded for convenience. Data expressed in a currency other than that of the investor's country of residence is subject to exchange rate fluctuations, with a positive or negative impact. Gross performance may be impacted by commissions, fees and other expenses
Annual return
This chart shows the fund’s performance as the percentage loss or gain per year over the last 10 years.
It can help you to assess how the fund has been managed in the past and compare it to its benchmark.
The index composition may change over time. The performance reported may therefore differ from the performance of the relevant index before its change. Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation. Performances expressed in a currency other than that of the investor's country of residence are subject to exchange rate fluctuations, with a negative or positive impact on gains. If the present document refers to a specific tax treatment, such information depends on the individual situation of each investor and may change. If for one year, there is no performance information, it is because there is no data or the data is insufficient to provide investors with useful or reliable indications on this performance.
As of 01/10/2024, the index used as a benchmark, 10% MSCI Europe Index (Net Return) + 6% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return), has been replaced by 8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return).
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.24 % | 1.09 % | -4.17 % | 6.72 % | 2.58 % | 2.43 % | -13.32 % | 6.33 % | 4.19 % | 2.29 % |
| Benchmark | 4.05 % | 2.33 % | -1.52 % | 7.86 % | 2.52 % | 3.38 % | -11.89 % | 8.37 % | 6.12 % | 4.51 % |
| Difference | -2.81 % | -1.24 % | -2.65 % | -1.14 % | 0.06 % | -0.95 % | -1.43 % | -2.04 % | -1.93 % | -2.22 % |
Additional information
The returns listed above are provided on the basis of the Net Asset Value (NAV), net of commissions and reinvested income. All management fees and commissions are included in the calculation of past performance except for any entry and exit charges. Taxes are not included in the calculation of returns. The value or price converted into euros may be reduced or increased depending on fluctuations in the exchange rate. The fund is not a guaranteed investment. The NAVs are net of fees and are provided by the accounting department and the benchmark by the official providers.
Market developments (currency conversion, coupon, split, …) have an influence on the chart. This graph is provided for information purposes only and does not precisely illustrate the evolution of the fund's net assets. Data may be rounded for convenience. Data expressed in a currency other than that of the investor's country of residence is subject to exchange rate fluctuations, with a positive or negative impact. Gross performance may be impacted by commissions, fees and other expenses
Risks
Risk And Reward Indicators
Lower Risk
Potentially lower return
Higher Risk
Potentially higher return
1
2
3
4
5
6
7
Definition
The summary risk indicator ("SRI") is an indicator with a rating ranging from 1 to 7 and corresponds to increasing levels of risk and return. The methodology for calculating this regulatory indicator is available in the KID.The summary risk indicator ("SRI") is a guide to the level of risk of this product compared to other products.
It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
- SRI Value
- 2
Main Risks
-
Counterparty Risk
When the fund carry out over-the-counter transactions (i.e. involving instruments not listed on the markets), they are exposed to a risk of default by the counterparty to the transaction.
-
Credit risk
It constitutes the risk that an issuer or a counterparty default. This risk includes the risk of changes in credit spreads and default risk. The level of credit risk is usually evaluated by using “ratings” representing a comparative assessment of the credit quality (solvency level) of an issuer, issuer or portfolio. “High Yield” investments present the lowest rating levels and therefore a high credit risk.
-
Currency risk
Funds may hold exposure to a currency different from its valuation currency. Changes in the exchange rate of this currency may negatively affect the value of assets in the portfolio.
-
Derivative risk
Derivatives are investments whose value depends on (or is derived from) the value of an underlying instrument, such as a security, asset, reference rate or index. Derivative strategies often involve leverage, which may exaggerate a loss, potentially causing the Sub-Fund to lose more money than it would have lost had it invested in the underlying instrument. Using derivatives may result in a higher portfolio volatility related to this underlying asset and an increase of the counterparty risk.
-
Emerging market risk
These markets are characterized by higher volatility issues and a lower liquidity because of legal, political and structural matters. Market movements can be stronger and faster on emerging markets than on “developed markets”, which can lead to a substantial decline in the net asset value in the event of the adverse movements relative to the positions taken.
-
Equity Risk
Some funds may be exposed to equity market risk through direct investment (through transferable securities and/or derivative products), meaning submitted to the positive or negative evolution of stock exchanges. These evolutions can be huge and be mainly driven by expectations relative to macro-economy and company results, speculation and irrational factors (including trends, opinions or rumours).
-
ESG Investment Risk
ESG investment risk refers to the risks arising from the inclusion of ESG factors in the management process, such as the exclusion of activities or issuers and the inclusion of sustainability risks in the selection and/or allocation of issuers in the portfolio.
-
Interest rate risk
A change in interest rates, resulting notably from inflation, may cause a risk of losses and reduce the net asset value of the fund.
-
Risk of loss of capital
Investors are advised that any capital they invest is not guaranteed and that they may therefore not receive back the full amount invested. They may thus suffer a loss.
Other Risks
-
Liquidity risk
lt occurs when a portfolio position cannot be sold, liquidated or closed at a limited cost and within a sufficiently short time, which jeopardizing the fund's ability to comply at any time with its obligations to redeem the shares of investors at their request.
-
Sustainability Risk
The sustainability risk refers to any environmental, social or governance event or condition that could affect the performance and / or the reputation of issuers in the portfolio. It may be issuer specific, in line with their activities and practices, but may also be due to external factors.
-
Volatility risk
A fund may be exposed (taking directional positions or using arbitrage strategies for example) to market volatility risk and could therefore, based on its exposure, suffer losses in the event of changes in the volatility level of these markets.
ESG
Companies
Level 3 - SRI Exclusion Policy
Candriam's Controversial Activities Analysis excludes companies involved in harmful or controversial activities. Involvement is assessed using activity-specific revenuebased threshold levels.
Stewardship
Proxyvoting
A voting right is the right of a shareholder of a corporation to vote on matters of corporate policy, including decisions on the makeup of the board of directors, issuing new securities, initiating corporate actions like mergers or acquisitions, approving dividends, and making substantial changes in the corporation's operations.
It is common for shareholders to voice their vote by proxy by mailing in their response or by relinquishing their vote to a third party proxy voter)
Engagement
Engaging with companies through active one-on-one or collaborative dialogue to encourage disclosure and transparency as well as environmental, social and governance best practices.;
KPIs
Carbon footprint Corporate - Scope 1&2 25% reduction vs bench
Company’s carbon emissions measured in tons of carbon dioxide equivalent (tCO2-eq) per year. Three scopes of carbon emissions can be distinguished:
• Scope 1 emissions are direct emissions from owned or controlled sources
• Scope 2 emissions are indirect emissions from the generation of purchased energy
• Scope 3 emissions are all indirect emissions (not included in scope 2) that occur in the value chain of the reporting company, including both upstream and downstream emissions
Candriam includes scope 1 and 2 GHG emissions in published figures. Scope 3 will be included as soon as we consider the data accurate and stable.
The carbon footprint measure the assetweighted carbon emissions of a portfolio normalized per million $ invested (expressed in tCO2-eq / million $ invested).
-
80%
Min sustainable investments rate -
10%
Min sustainable investments environmental rate -
10%
Min sustainable investments social rate
Characteristics
Fund Characteristics
- Fund name
- Candriam Sustainable Defensive Asset Allocation
- Benchmark
- 8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return)
- SICAV Name
- Candriam Sustainable
- Currency
- EUR
- Legal Form
- Sub-fund of a SICAV under Luxembourg law
- Legal status
- UCITS
- SFDR Category
- Article 9
- Creation Date
- Domicile Country
- Luxembourg
- Management Company
- CANDRIAM, management Company having its registered office in Luxembourg.
- Depository bank
- CACEIS Bank, Luxembourg Branch
- Fund Administration
- CACEIS Bank, Luxembourg Branch
- Transfer agent
- CACEIS Bank, Luxembourg Branch
- Term of fund
- The fund has no limited term
- Anti Dilution system
- no
Swing Pricing is a mechanism by which the net asset value is adjusted upwards (or downwards) if the change in liabilities is positive (or negative) in such a way as to reduce for existing investors the portfolio restructuring costs linked to subscription/ redemption movements in the fund. On valuation days where the difference between the amount of subscriptions and the amount of redemptions of a sub-fund (i.e. net transactions) exceeds a threshold set beforehand by the Board of Directors, the latter shall be entitled to:
- value the net asset value by adding to the assets (in the case of net subscriptions) or deducting from assets (at net redemptions) a fixed percentage of the fees corresponding to market practices and reflecting the fees and/or conditions of liquidity when buying or selling securities;
- value the securities portfolio on the basis of bid or ask prices;
- assess the net asset value by setting a level of spreads representative of the relevant market;
- The dilution mechanism must not exceed 2% of the net asset value, except in exceptional circumstances, as in the event of a sharp decrease in liquidity, which would then be detailed for the sub-fund concerned in the annual (semi-) annual report of the SICAV.
Instrument Characteristics
- Share Class
- C - CAP
- Benchmark
- 8% MSCI Europe Index (Net Return) + 8% MSCI USA Index (Net Return) + 3% MSCI Emerging Markets Index (Net Return) + 1% MSCI Japan Index (Net Return) + 80% Bloomberg Euro Aggregate 1-10 Year (Total Return)
- Currency
- EUR
- First NAV Date
- 26/6/15
- ISIN
- LU1644442102
- Recommended investment horizon
- 3 years
- Bloomberg ticker
- CADAACC LX Equity
- Morningstar ticker
- F00000ZWKE
- Marketing authorization
- Belgium; France; Germany; Italy; Luxembourg; Spain
Tax, Charges & Fees
- Management fees (max)
- 1.30 %
- Subscription
- 3.50 %
- Redemption
- 0.00 %
Transaction Fees
- Portfolio transaction costs
- 0.10 %
Ongoing cost
- Ongoing cost value
- 1.40 %
Orders
Order Subscription
- Subscription cut off
- D-1 17:00
Order redemption
- Redemption cut off
- D-1 17:00
The corresponding time zone is the one associated with the fund's domicile.
NAV
NAV Specification
- NAV date
- D
- NAV calculation Day
- D+1
NAV AUM
- AUM currency
- EUR
- AUM value
- 97,879,663.62
- AUM date
- 10/28/2026
NAV AUM for share class
- Last NAV date
- 10/28/2026
- Last NAV value
- 160.85
Documents
ESG documents
Download all ESG documentsShareholder Documents
Download all shareholder documentsAnnual and semi-annual reports
Download all annual documentsFactsheet and Fund Comments
Download all fact sheet documentsOther information
This is a marketing communication. Please refer to the prospectus of the funds and to the key information document before making any investment decision. This marketing communication does not constitute an offer to buy or sell financial instruments, nor does it represent an investment recommendation or confirm any kind of transaction, except where expressly agreed. Although Candriam selects carefully the data and sources within this document, errors or omissions cannot be excluded a priori. Candriam cannot be held liable for any direct or indirect losses as a result of the use of this document. The intellectual property rights of Candriam must be respected at all times, contents of this document may not be reproduced without prior written approval.
Warning: Past performance of a given financial instrument or index or an investment service or strategy, or simulations of past performance, or forecasts of future performance does not predict future returns. Gross performances may be impacted by commissions, fees and other expenses. Performances expressed in a currency other than that of the investor's country of residence are subject to exchange rate fluctuations, with a negative or positive impact on gains. If the present document refers to a specific tax treatment, such information depends on the individual situation of each investor and may change.
In respect to money market funds, please be aware that an investment in a fund is different from an investment in deposits and that the investment’s principal is capable of fluctuation. The fund does not rely on external support for guaranteeing its liquidity or stabilizing its NAV per unit or share. The risk of loss of the principal is borne by the investor.
Candriam consistently recommends investors to consult via our website https://www.candriam.com the key information document, prospectus, and all other relevant information prior to investing in one of our funds, including the net asset value (“NAV) of the funds. Investor rights and complaints procedure, are accessible on Candriam’s dedicated regulatory webpages https://www.candriam.com/en/professional/legal-information/regulatory-information/. This information is available either in English or in local languages for each country where the fund’s marketing is approved.
According to the applicable laws and regulations, Candriam may decide to terminate the arrangements made for the marketing of a relevant fund at any time.
Information on sustainability-related aspects: the information on sustainability-related aspects contained in this communication are available on Candriam webpage https://www.candriam.com/en/professional/sfdr/. The decision to invest in the promoted product should take into account all the characteristics or objectives of the promoted product as described in its prospectus, or in the information documents which are to be disclosed to investors in accordance with the applicable law.
ESG Assessment
This fund has a sustainable investment objective. It invests in economic activities contributing to an environmental and/or social objective. To achieve this objective, the management team makes discretionary investment choices based on an economic/financial analysis process and an internal analysis of environmental, social and governance (ESG) criteria.
a. ESG selection criteria:
For corporates, the internal analysis of ESG criteria consists in selecting the issuers:
• that are the best positioned to meet the challenges of sustainable development;
• that comply with the principles of the United Nations Global Compact (i.e. human rights, labour law, the environment, anti-corruption), and which are therefore less exposed to the risks associated with these themes; and
• that are not engaged in controversial activities such as armament (securities of a company whose activity consists of manufacturing, the use or possession of anti-personnel mines, cluster bombs and/or depleted uranium weapons), tobacco, thermal coal.
For sovereign issuers, the internal analysis of ESG criteria consists in selecting:
• Countries that perform best across our four categories of sustainable development criteria: Human Capital, Natural Capital, Social Capital and Economic Capital;
• Countries that are not part of our highly Oppressive Regimes or dictatorships, based on the Freedom House Freedom in the World Index and the World Bank Voice & Accountability Index.
b. Selection methodology:
The companies selected by the management company are subject to a dual analysis:
• Analysis of their activity to assess their alignment with the major challenges of sustainable development. For example, regarding the transition to a circular economy, the management company will consider a company producing recycled steel to be more sustainable than a company producing steel exclusively from iron ore; and
• Analysis of how the company manages players interacting with the company: its employees, its customers, its shareholders, its suppliers and the environment. Here too, the management company will favour companies that adopt the most sustainable practices given their sector. For example, with regard to relations with its clients, the management company will favour pharmaceutical companies with balanced pricing practices and commercial policies. Similarly, with regard to relations with their employees, the management company attaches great importance to the fight against discrimination and compliance with social standards.
Our sovereign investible universe consists of those countries which perform best across our four categories of sustainable development criteria:
• Natural Capital: stock of naturel resources managed by the country;
• Social Capital: trust, norms and institutions which people can rely on to solve common problems and create social cohesion;
• Human Capital: human productivity to which the country participates through education and other initiatives;
• Economic Capital: assessing the level of economic activity viability.
c. A team of ESG analysts is responsible for assessing the selection criteria:
The analysis and selection of sustainable investments is carried out by a dedicated team of ESG analysts within Candriam. This team is made up of specialists whose mission is to analyse the exposure of companies and governments to the risks and opportunities associated with sustainable development.
Selection criteria are expected to evolve over time, based on advances in ESG research and changes in company practices.