29 Haussmann Sélection France

29 Haussmann Sélection France was launched in 2001. The fund’s investment strategy aims to generate regular returns over a medium/long-term horizon by investing in European equities (mainly French), with no market-cap restrictions.

Key points

A conviction strategy based on an in-depth analysis of selected companies

  • 29 Haussmann Sélection France is a conviction fund invested in European equities (mainly French), and particularly stocks issued by small and mid-cap companies.
  • Small and mid-cap companies offer attractive investment opportunities and sustainable growth potential. They primarily operate in niche markets where competition is low. Their performances are often less correlated with market trends than large caps, thus giving them substantial revaluation potential.
  • Stock picking is based on a combination of two approaches:
    • A quantitative analysis of each company, examining profit growth and share valuation.
    • An extensive fundamental and qualitative analysis.
5 years
Minimum recommended investment period
6 /7
Risk/return profile

.

Portfolio management process

Quantitative analysis (score established according to 3 criteria)
Fundamental analysis

Company valuation

Pricing power

Profit growth

Risks

Momentum

Speculative aspect

+ Use of specific internal ratings that assess each company’s quality and financial structure

360° Approach
Dedicated to a more sustainable economy

Investment decisions are based on a 360° approach, combining fundamental analysis and non‑financial analysis of each company while incorporating ESG (Environmental, Social, Governance) criteria.

Our socially responsible investor approach is based on a portfolio management process that combines sector exclusions and selection of ESG criteria in our investment decisions.

 

Starting investment universe: 
CAC 40 All Tradable + Enternext PEA-PME 150
 

Step 1

Sector Exclusions & Controversies

Controversial weapons:

  • Exclusions: land mines, cluster bombs, depleted uranium weapons

Coal and Tobacco:

  • Exclusions: companies directly operating in the thermal coal & metalworking and tobacco sectors.

Controversies:

  • Exclusions: issuers involved in major controversies, particularly those violating the international standards set by the United Nations (MSCI nomenclature)

Activities:

  • Exclusions: issuers generating more than 15% of their revenue in: Defence and weapons, gambling, GMOs, adult entertainment

 

Step 2

ESG selection

Select companies based on their non-financial behaviour, and in particular their ability to transform sustainable development issues into performance drivers. 
2 approaches:

  • Best-in-Universe: selection of the highest-rated companies in the investment universe 

  • Best Effort: selection of companies whose ESG practices and performances improve over time.

For each company, we predominantly base our decision on EthiFinance’s ESG methodology, aimed at assessing the key factors for each ESG pillar. 
We prefer the improving score approach: the portfolio’s average weighted ESG score aims to be higher than the ESG score of the investment universe, minus the 20% lowest-scoring companies.

 

Investment decisions incorporate financial as well as non-financial criteria. The integration of environmental, social and corporate governance (ESG) criteria in the stock-picking process is aimed at assessing each company’s ability to transform sustainable development issues into performance drivers. The mutual fund promotes environmental or social characteristics, or a combination of those characteristics, within the meaning of Article 8 of the SFDR.

Characteristics

 

 

Funds 29 HAUSSMANN SÉLECTION FRANCE
Fund category Equities
Risk level 6
ISIN code FR0011443233 FR0007057435 FR0013440906
Parts C D I
Eligible subscribers All subscribers Institutional Investors
Currency EUR
NAV frequency Daily
Initial NAV 1 000 EUR
NAV date 2022/01/26 2022/01/26 2022/01/26
NAV 1 501,83 2 059,59 1 223,22

Downloads