29 Haussmann Sélection Monde

• It is a conviction fund based on an extensive fundamental analysis of each company, in accordance with a purely bottom-up stock picking approach.
• The investment strategy is not restricted in terms of market cap or country/sector allocation, but predominantly focuses on large caps.
• The portfolio management approach is flexible and diversified, founded on active and opportunistic stock picking. It may, on a selective basis, adopt contrarian views relative to the market consensus.
• An investment universe of around 3,000 international companies first goes through an initial quantitative screening based on liquidity, risk and quality criteria. Stock picking is based on a combination of two approaches:
  • A quantitative analysis of each company, examining criteria such as profit growth and share valuation.
  • An extensive fundamental and qualitative analysis coupled with regular dialogue with the company’s management team.

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.