Newsletters Patrimoine24

En bref : Les entreprises de faible qualité peuvent temporairement faire des bénéfices avec plus de dettes, sacrifiant les investissements à long terme. Elles profitent aussi de facteurs exogènes temporaires ou d’une reprise cyclique. Mais ces types de croissance à court terme ne durent pas.

Le contexte de taux d’intérêt bas qui a perduré pendant dix ans après la crise financière mondiale a bien contribué à la hausse des marges nettes. La hausse des taux d’intérêt aura des effets à long terme, car la majorité de la dette des grandes entreprises US est à taux fixe, et seulement 10 % des emprunts des entreprises du S&P 500 arriveront à échéance cette année.

Quand les sources de croissance non durable reculeront, la distinction entre la croissance structurelle et celle due à des facteurs temporaires deviendra évidente. Les entreprises de qualité, conçues pour réussir en toute condition, jouiront d’une capitalisation continue, tandis que celles à vitesse linéaire peuvent être plus sensibles aux contextes tendus.

«Les meilleurs pilotes ont cette aptitude suprême à gérer toutes les situations, toutes les voitures, toutes les conditions de conduite et tous les types de course.»
Enzo Ferrari

Investir c’est souvent comme une course de F1. N’importe quelle voiture peut être la plus rapide sur de courtes périodes. Mais les meilleures sont conçues pour avoir de bons résultats peu importe le circuit et pas seulement pour atteindre leur maximum sur une ligne droite dégagée. En investissement, cela signifie obtenir une croissance régulière des bénéfices sur le long terme, avec un ensemble d’entreprises dotées des meilleurs moteurs de qualité et dirigées par les équipes de gestion les plus talentueuses. Depuis le stand, nous étudions en permanence les conditions météorologiques et l’état de la piste dans le but d’offrir des performances optimales à nos clients.

Progresser nécessite un état d’esprit à long terme

Parfois, les investisseurs se laissent abuser par des mesures brèves prises pour accroître des bénéfices d’entreprise. Ainsi, des entreprises de faible qualité peuvent temporairement accroître leurs bénéfices au-delà de leur rendement de capitaux propres sous-jacent par la dette. Cela accroît toutefois le risque financier de l’entreprise. Elles peuvent aussi atteindre leurs objectifs de bénéfices à court terme en sacrifiant des investissements à long terme, comme la R&D dans l’industrie pharmaceutique, ou les dépenses de création de marques, telles que la publicité de marque dans les biens de consommation de base. Les deux forment un risque pour la croissance durable. Les entreprises de faible qualité peuvent aussi bénéficier temporairement de facteurs exogènes, comme les plans de relance contre les effets de la COVID-19, ou profiter d’une reprise cyclique, comme la hausse des prix de l’énergie.

À court terme, les marchés tendent à récompenser les récits plutôt que les faits. Les valorisations d’entreprises à croissance rapide ont augmenté en 2020 et 2021, même pour celles qui consomment des liquidités et sans rentabilité. Mais l’excitation du marché, non étayée par de solides performances financières, conduira finalement à la déception.

Pour consulter l'integralité du commentaire avec les graphiques, cliquez ICI.

Par 

  • Matthew Benkendorf, Chief Investment Officer Quality Growth Boutique, Portfolio Manager
  • Igor Krutov, Director of Research Quality Growth Boutique
  • Edmund Yuen, Research Analyst

bnpam

 

Pour accéder au site, cliquez ICI.

Fonds à profil de risque 4/7

Fonds YTD
Aperture European Innovation 15,40%
Centifolia C A/I 11,07%
R-co 4Change Inclusion & Handicap Equity C EUR 10,48%
R-co Valor C EUR 10,26%
OFI INVEST ESG EQUITY CLIMATE CHANGE (RC) 9,87%
EXPORT EUROPE PALATINE R 8,75%
PALATINE PLANETE C 8,18%
R-co Thematic Silver Plus C EUR 6,57%
Most Diversified Portfolio SICAV-TOBAM Anti-Benchmark Euro Equity Fund part B 6,04%
Axiom Obligataire 5,77%
Kirao Multicaps Alpha 5,64%
ELEVA Absolute Return Europe R 5,53%
Carmignac Patrimoine A EUR Acc 5,48%
Carmignac Portfolio Patrimoine Europe 5,28%
NN Patrimonial BEST 5,22%
Tikehau SubFin Fund - A – Acc – EUR 4,79%
Athymis Patrimoine P 4,79%
DNCA Invest Beyond Alterosa A 4,61%
IVO Short Duration SRI 4,26%
Russell Investments Multi-Asset Growth Strategy 3,79%
DWS Concept Kaldemorgen 3,60%
Dorval Global Allocation 3,58%
OFI INVEST ESG MULTITRACK (R) 3,41%
Pictet-Multi Asset Global Opps R EUR 3,41%
Flexigestion Patrimoine 3,28%
Tikehau International Cross Assets – R – Acc – EUR 3,22%
Invesco Pan European High Income 3,20%
BL Global Flexible 3,12%
SLF (F) Opportunité High Yield 2028 P Cap 3,12%
Ethna-AKTIV 3,06%
VONTOBEL TwentyFour Strategic Income Fund 2,90%
Galilée Global Thematics - RC 2,82%
HELIUM ALPHA 2,77%
SLF (LUX) Bond High Yield Opportunity 2026 EUR R Cap 2,68%
Betamax Global P 2,67%
Sextant Bond Picking 2,57%
EdRF Income Europe A EUR 2,56%
Tikehau 2027- R – Acc – EUR 2,53%
JPMorgan Investment Funds – Global Income Fund 2,43%
G FUND - HYBRID CORPORATE BONDS 2,28%
Seven Diversified Fund Class I 2,07%
MAM Target 2027 2,00%
Echiquier ARTY A 1,94%
HELIUM SELECTION 1,85%
LF Rendement Global 2028 1,80%
Sanso Objectif Durable 2024 A 1,38%
Sextant Grand Large A 1,36%
Sunny Euro Stratégic Plus R 1,23%
LF Credit Innovation 1,13%
abrdn SICAV I – Diversified Growth Fund – A Acc EUR 1,10%
Seven Fortress Fund : Class I 0,95%
Gay-Lussac Europe Flex Diversifiés 0,79%
CANDRIAM SRI Bonds Global HY 0,75%
Lazard Credit Opportunities RC EUR 0,61%
Gutenberg Patrimoine C 0,33%
Zenith Patrimoine / OPCVM Obligations 0,25%
RobecoSAM SDG Credit Income 0,10%
RobecoSAM Euro SDG Credits 0,07%
abrdn SICAV I – Climate Transition Bond Fund – A Acc Hedged EUR -0,19%
Lazard Patrimoine RC -0,40%
Jupiter Strategic Absolute Return Bund Fund -0,81%
Edmond de Rothschild Fund Bond Allocation (part A-EUR) -1,18%
CANDRIAM SRI Bonds Emerging Markets -1,31%
M&G (Lux) Optimal Income Fund -1,46%
GIS Euro Bond -1,51%
Jupiter Dynamic Bond -1,85%
Nordea1 - Stable Return Fund -2,68%
M&G (Lux) Global Macro Bond Fund -3,59%
Nordea 1 - Alpha 10MA Fund -4,23%

Fonds à profil de risque 6/7

Fonds YTD
Janus Henderson Horizon Global Technology Leaders Fund 25,36%
Prévoir Pangea R 25,31%
MainFirst Global Equities Fund 19,26%
Prévoir Gestion Actions C 19,09%
Pictet - Digital – P EUR 19,05%
BlueBox Funds Global Technology classe C 17,03%
Jupiter Financial Innovation 17,03%
DNB Technology 16,63%
BNP PARIBAS Disruptive technology 16,25%
Portzamparc Opportunités ISR 15,47%
TCW Funds - TCW Global Artificial Intelligence Equity Fund - AEHE 15,44%
Digital Stars Europe Acc 15,10%
Sélection Action Rendement International 14,80%
Ofi Invest ISR Grandes Marques A 14,80%
Digital Stars Europe 14,77%
Montségur Croissance C 14,76%
CPR Invest – Global Disruptive Opportunities 14,76%
BDL Transition 14,58%
Montségur Rendement C 14,55%
Janus Henderson Horizon Global Sustainable Equity Fund 14,35%
DNB Fund Future Waves 13,97%
Echiquier World Equity Growth A 13,86%
Vega France Opportunités RC 13,72%
MS INVF Asia Opportunity 13,44%
Europa One R 13,32%
Clartan Valeurs C 13,25%
CANDRIAM Equities L Robotics 13,22%
Haas Actions Croissance C 13,12%
Seven European Equity Class I 13,10%
G FUND - WORLD (R)EVOLUTIONS 13,06%
JOHCM Continental European Fund A EUR 12,86%
DNCA Invest Beyond Global Leaders B EUR 12,85%
CPR Invest – Climate Action 12,84%
Seven UCITS Seven European Eqty Fd EUR-R 12,72%
Mandarine Global Transition Part R 12,71%
VONTOBEL Clean Technology 12,70%
CT (LUX) SUSTAINABLE OUTCOMES GLOBAL EQUITY 12,42%
LO Funds Global Prestige P EUR Acc 12,31%
Claresco USA 12,21%
Amundi Actions USA ISR P C 12,17%
RobecoSAM Smart Energy Equities 12,16%
Jupiter Global Ecology Growth 12,13%
DNB Nordic Equities 11,87%
Norden SRI 11,84%
Kirao Multicaps AC 11,76%
Dorval Manageurs Europe 11,73%
Covéa Terra A (C) 11,71%
Lazard Equity SRI C 11,69%
ELEVA Euroland Selection R 11,68%
Amplegest Pricing Power IC 11,56%
Regnan Sustainable Water & Waste A EUR 11,54%
Echiquier Positive Impact Europe A 11,51%
Russell Investments Low Carbon 11,47%
Amplegest Pricing Power FC 11,38%
GALILEO MIDCAP 11,27%
G FUND OPPORTUNITIES EUROPE 11,21%
Roche-Brune Euro Valeurs Responsables 11,20%
Fidelity Global Technology A-Dis-EUR 11,19%
Flornoy Valeurs Familiales 11,10%
Amplegest Pricing Power AC 10,96%
Fidelity World A-Acc-EUR 10,80%
Sanso Smart Climate 10,77%
Fideas Smart for Climate P Actions Eurozone ISR 10,56%
Invesco Asia Consumer Demand 10,46%
Russell Investments World Equity Fund 10,42%
Zenith World ISR / OPCVM Actions 10,32%
Mansartis Europe C 10,31%
Covéa Ruptures A (C) 10,27%
Nordea1 - Global Climate & Environment Fund 10,16%
Schroder ISF Glb Clmt Chg Eq A Acc EUR 10,15%
HSBC SRI Euroland Equity AC 10,02%
DNCA Invest Archer Mid-Cap Europe B EUR 10,00%
Pictet – Global Environmental Opportunities – P EUR : 4 9,95%
VONTOBEL mtx Sustainable Emerging Markets Leaders 9,90%
Constance Be World A 9,87%
Templeton Global Climate Change Fund 9,78%
BNP PARIBAS HEALTH CARE INNOVATORS 9,56%
Tocqueville Silver Age ISR 9,54%
COGEFI Prospective P 9,53%
Pictet – Clean Energy Transition – P EUR : 5 9,43%
Copernic - RC 9,43%
Dorval European Climate Initiative Part R 9,26%
Claresco Innovation 9,07%
MS INVF Europe Opportunity 8,88%
Renaissance Europe C 8,86%
M&G (Lux) Global Dividend Fund 8,83%
Clartan Ethos Esg Europe Small&Mid Cap C 8,83%
ELEVA Leaders Small et Mid Cap Europe R 8,82%
COGEFI Elixir P 8,53%
Pictet – Water – P EUR 8,50%
Pictet - Security – P EUR 8,45%
Sélection Action Rendement 8,39%
Candriam SRI Equity Em Mkts C EUR Acc 8,35%
Richelieu Family Small Cap R 8,29%
Quadrige France Smallcaps C 8,26%
MCA Entreprendre PME 8,25%
EdR SICAV Euro Sust Growth A EUR 8,22%
CM-CIC Objectif Environnement C 8,20%
CANDRIAM SRI Equities EMU 8,14%
Ecofi Enjeux Futurs 7,90%
Claresco Avenir P 7,74%
Kirao Smallcaps 7,69%
Betamax Europe Smart for Climate P Actions Europe 7,46%
BNPPARIBAS AQUA CLASSIC C 7,46%
Mandarine Europe Microcap R EUR 7,38%
Russell Investments China Equity Fund 7,31%
SLF (LUX) Equity Green Buildings & Infrastructure Impact EUR R Cap 7,20%
NN Global Impact Opps 7,19%
HMG Rendement D A/I 7,19%
CPR Invest – Global Silver Age 7,07%
Pictet – Global Megatrend Selection – P EUR : 4 6,82%
Portzamparc Entrepreneurs ISR 6,75%
Wise 5 6,67%
Galilée Innovation Europe - RC 6,60%
SLF (LUX) Equity Environment & Biodiversity Impact EUR R Cap 6,55%
QUADRIGE RENDEMENT France Midcaps 6,42%
Amilton Premium Europe R 6,30%
Sextant PME 6,29%
Valeur Intrinsèque P 6,21%
Arc Actions Santé Innovante A 6,17%
BDL REMPART 6,04%
FFG 6,01%
BSO France P 5,91%
BNP PARIBAS CHINA EQUITY 5,89%
JPMorgan Funds - Global Healthcare Fund 5,77%
Echiquier Agenor SRI Mid Cap Europe A 5,72%
IDAM Small France R 5,72%
Erasmus Small Cap Euro R 5,70%
M&G (Lux) Positive Impact Fund 5,41%
MainFirst Germany Fund (A) 5,21%
CG Nouvelle Asie C 5,15%
Lauxera HealthTech 5,13%
CANDRIAM Equities L Oncology Impact 5,00%
EdRF Big Data A EUR 4,99%
Federal Multi PME P 4,90%
Talence Euromidcap 4,81%
BNP Paribas Climate Impact 4,80%
Amplegest MidCaps IC 4,65%
Allianz Global Intelligent Cities - AT (H2-EUR) 4,53%
Amplegest MidCaps FC 4,39%
Mandarine Active Part R 4,31%
Janus Henderson Global Life Sciences Fund 4,29%
abrdn SICAV II – Global Impact Equity Fund – A Acc EUR 4,27%
Amplegest Midcaps AC 4,07%
Groupama Avenir Euro 3,91%
Galilée World Equity Thematics – RC 3,81%
Ecofi Avenir Plus 3,75%
Pluvalca Initiative PME 3,71%
Pluvalca Disruptive Opportunities A 3,56%
Roche-Brune Euro PME 3,40%
QUADRIGE MULTICAPS EUROPE 3,17%
Portzamparc PME ISR 3,14%
M&G (Lux) Global Themes Fund 3,10%
Portzamparc Europe PME ISR 2,98%
Pictet - Premium Brands - P EUR 2,83%
Alterna Plus 2,63%
Candriam Eqs L Eurp Innovt C EUR Cap 2,50%
Amplegest PME IC 2,50%
Gay-Lussac Green Impact 2,37%
Oddo BHF Immobilier CR-EUR 2,34%
Amundi Europe Microcaps PC 2,33%
Amplegest PME AC 1,95%
JPMorgan Investment Funds – China A-Share Opportunities 1,79%
M&G (Lux) Global Listed Infrastructure Fund 1,64%
Software Conviction Fund 1,52%
CM-CIC Pierre C 1,52%
Legg Mason ClearBridge Infrastructure Value Fund 1,43%
Quadrige Europe Midcaps 1,36%
Ecofi Trajectoires Durables -0,05%
Allianz Pet and Animal Wellbeing - AT (H2-EUR) -0,61%
Pictet – Biotech – P EUR -1,30%
M&G (Lux) Episode Macro Fund EUR S-H Acc -1,33%
Varenne Selection A-EUR -1,34%
Nova Europe A -1,38%
abrdn Global Real Estate Active Thematics UCITS ETF -4,42%

Tous les fonds

Fonds YTD SRRI
Axiom European Banks Equity 32,96% 7/7
Janus Henderson Horizon Global Technology Leaders Fund 25,36% 6/7
Prévoir Pangea R 25,31% 6/7
MainFirst Global Equities Fund 19,26% 6/7
Prévoir Gestion Actions C 19,09% 6/7
Pictet - Digital – P EUR 19,05% 6/7
BlueBox Funds Global Technology classe C 17,03% 6/7
Jupiter Financial Innovation 17,03% 6/7
DNB Technology 16,63% 6/7
BNP PARIBAS Disruptive technology 16,25% 6/7
Sycomore Shared Growth R 15,81% 5/7
Portzamparc Opportunités ISR 15,47% 6/7
TCW Funds - TCW Global Artificial Intelligence Equity Fund - AEHE 15,44% 6/7
Aperture European Innovation 15,40% 4/7
Digital Stars Europe Acc 15,10% 6/7
Sélection Action Rendement International 14,80% 6/7
Ofi Invest ISR Grandes Marques A 14,80% 6/7
Digital Stars Europe 14,77% 6/7
Montségur Croissance C 14,76% 6/7
CPR Invest – Global Disruptive Opportunities 14,76% 6/7
BDL Transition 14,58% 6/7
Montségur Rendement C 14,55% 6/7
Sycomore Happy@Work 14,45% 5/7
Janus Henderson Horizon Global Sustainable Equity Fund 14,35% 6/7
DNB Fund Future Waves 13,97% 6/7
Echiquier World Equity Growth A 13,86% 6/7
CM-CIC Global Leaders C 13,85% 5/7
HMG Globetrotter C 13,75% 5/7
Vega France Opportunités RC 13,72% 6/7
Echiquier Artificial Intelligence B EUR 13,72% 7/7
MS INVF Asia Opportunity 13,44% 6/7
Europa One R 13,32% 6/7
Clartan Valeurs C 13,25% 6/7
CANDRIAM Equities L Robotics 13,22% 6/7
Haas Actions Croissance C 13,12% 6/7
Seven European Equity Class I 13,10% 6/7
G FUND - WORLD (R)EVOLUTIONS 13,06% 6/7
Robeco Sustainable Global Stars Equities 12,97% 5/7
JOHCM Continental European Fund A EUR 12,86% 6/7
DNCA Invest Beyond Global Leaders B EUR 12,85% 6/7
CPR Invest – Climate Action 12,84% 6/7
Seven UCITS Seven European Eqty Fd EUR-R 12,72% 6/7
Mandarine Global Transition Part R 12,71% 6/7
VONTOBEL Clean Technology 12,70% 6/7
CT (LUX) SUSTAINABLE OUTCOMES GLOBAL EQUITY 12,42% 6/7
LO Funds Global Prestige P EUR Acc 12,31% 6/7
Claresco USA 12,21% 6/7
Comgest Monde C 12,18% 5/7
Amundi Actions USA ISR P C 12,17% 6/7
RobecoSAM Smart Energy Equities 12,16% 6/7
Jupiter Global Ecology Growth 12,13% 6/7
DNB Nordic Equities 11,87% 6/7
Norden SRI 11,84% 6/7
Kirao Multicaps AC 11,76% 6/7
Dorval Manageurs Europe 11,73% 6/7
Covéa Terra A (C) 11,71% 6/7
Lazard Equity SRI C 11,69% 6/7
ELEVA Euroland Selection R 11,68% 6/7
Amplegest Pricing Power IC 11,56% 6/7
Regnan Sustainable Water & Waste A EUR 11,54% 6/7
Echiquier Positive Impact Europe A 11,51% 6/7
Russell Investments Low Carbon 11,47% 6/7
Amplegest Pricing Power FC 11,38% 6/7
GALILEO MIDCAP 11,27% 6/7
G FUND OPPORTUNITIES EUROPE 11,21% 6/7
Roche-Brune Euro Valeurs Responsables 11,20% 6/7
Fidelity Global Technology A-Dis-EUR 11,19% 6/7
Flornoy Valeurs Familiales 11,10% 6/7
Centifolia C A/I 11,07% 4/7
Amplegest Pricing Power AC 10,96% 6/7
Fidelity World A-Acc-EUR 10,80% 6/7
Sanso Smart Climate 10,77% 6/7
Fideas Smart for Climate P Actions Eurozone ISR 10,56% 6/7
R-co 4Change Inclusion & Handicap Equity C EUR 10,48% 4/7
Invesco Asia Consumer Demand 10,46% 6/7
Russell Investments World Equity Fund 10,42% 6/7
Zenith World ISR / OPCVM Actions 10,32% 6/7
Mansartis Europe C 10,31% 6/7
Robeco Global Consumer Trends 10,28% 5/7
Covéa Ruptures A (C) 10,27% 6/7
R-co Valor C EUR 10,26% 4/7
Nordea1 - Global Climate & Environment Fund 10,16% 6/7
Schroder ISF Glb Clmt Chg Eq A Acc EUR 10,15% 6/7
HSBC SRI Euroland Equity AC 10,02% 6/7
DNCA Invest Archer Mid-Cap Europe B EUR 10,00% 6/7
Pictet – Global Environmental Opportunities – P EUR : 4 9,95% 6/7
VONTOBEL mtx Sustainable Emerging Markets Leaders 9,90% 6/7
OFI INVEST ESG EQUITY CLIMATE CHANGE (RC) 9,87% 4/7
Constance Be World A 9,87% 6/7
Templeton Global Climate Change Fund 9,78% 6/7
BNP PARIBAS HEALTH CARE INNOVATORS 9,56% 6/7
Tocqueville Silver Age ISR 9,54% 6/7
COGEFI Prospective P 9,53% 6/7
Pictet – Clean Energy Transition – P EUR : 5 9,43% 6/7
Copernic - RC 9,43% 6/7
First Eagle Amundi International AE-C 9,30% 5/7
Dorval European Climate Initiative Part R 9,26% 6/7
BDL Convictions 9,24% 5/7
HMG Découvertes C 9,12% 5/7
Claresco Innovation 9,07% 6/7
Varenne Valeur 8,91% 5/7
MS INVF Europe Opportunity 8,88% 6/7
Renaissance Europe C 8,86% 6/7
M&G (Lux) Global Dividend Fund 8,83% 6/7
Clartan Ethos Esg Europe Small&Mid Cap C 8,83% 6/7
ELEVA Leaders Small et Mid Cap Europe R 8,82% 6/7
EXPORT EUROPE PALATINE R 8,75% 4/7
Dorval Convictions - Part R 8,72% 5/7
Pluvalca Sustainable Opportunities 8,58% 5/7
COGEFI Elixir P 8,53% 6/7
Pictet – Water – P EUR 8,50% 6/7
Pictet - Security – P EUR 8,45% 6/7
Sélection Action Rendement 8,39% 6/7
Candriam SRI Equity Em Mkts C EUR Acc 8,35% 6/7
Richelieu Family Small Cap R 8,29% 6/7
Quadrige France Smallcaps C 8,26% 6/7
MCA Entreprendre PME 8,25% 6/7
EdR SICAV Euro Sust Growth A EUR 8,22% 6/7
CM-CIC Objectif Environnement C 8,20% 6/7
PALATINE PLANETE C 8,18% 4/7
CANDRIAM SRI Equities EMU 8,14% 6/7
R-co Conviction Equity Value Euro C EUR 8,03% 5/7
Ecofi Enjeux Futurs 7,90% 6/7
Claresco Avenir P 7,74% 6/7
Kirao Smallcaps 7,69% 6/7
HMG DECOUVERTES PME - part C 7,53% 5/7
Betamax Europe Smart for Climate P Actions Europe 7,46% 6/7
BNPPARIBAS AQUA CLASSIC C 7,46% 6/7
TCW Relative Value US Equities Fund 7,40% 5/7
Mandarine Europe Microcap R EUR 7,38% 6/7
Russell Investments China Equity Fund 7,31% 6/7
SLF (LUX) Equity Green Buildings & Infrastructure Impact EUR R Cap 7,20% 6/7
NN Global Impact Opps 7,19% 6/7
HMG Rendement D A/I 7,19% 6/7
Sycomore Eco Solutions 7,17% 5/7
CPR Invest – Global Silver Age 7,07% 6/7
Pictet – Global Megatrend Selection – P EUR : 4 6,82% 6/7
JOHCM Global Opportunities Fund A EUR 6,81% 5/7
Portzamparc Entrepreneurs ISR 6,75% 6/7
Wise 5 6,67% 6/7
DWS Invest Top Dividend 6,63% 5/7
Galilée Innovation Europe - RC 6,60% 6/7
Raymond James Funds Smicrocaps 6,59% 5/7
R-co Thematic Silver Plus C EUR 6,57% 4/7
SLF (LUX) Equity Environment & Biodiversity Impact EUR R Cap 6,55% 6/7
QUADRIGE RENDEMENT France Midcaps 6,42% 6/7
Amilton Premium Europe R 6,30% 6/7
Sextant PME 6,29% 6/7
AXAWF Global Optimal Income E Cap EUR 6,26% 5/7
Janus Henderson Horizon Biotechnology Fund 6,25% 7/7
Valeur Intrinsèque P 6,21% 6/7
Arc Actions Santé Innovante A 6,17% 6/7
OMNIBOND 6,10% 3/7
Janus Henderson Balanced Fund 6,05% 5/7
BDL REMPART 6,04% 6/7
Most Diversified Portfolio SICAV-TOBAM Anti-Benchmark Euro Equity Fund part B 6,04% 4/7
FFG 6,01% 6/7
BSO France P 5,91% 6/7
COGEFI Flex Dynamic P 5,90% 5/7
BNP PARIBAS CHINA EQUITY 5,89% 6/7
Axiom Obligataire 5,77% 4/7
JPMorgan Funds - Global Healthcare Fund 5,77% 6/7
Echiquier Agenor SRI Mid Cap Europe A 5,72% 6/7
IDAM Small France R 5,72% 6/7
OTEA 1 5,72% 5/7
Erasmus Small Cap Euro R 5,70% 6/7
Kirao Multicaps Alpha 5,64% 4/7
ELEVA Absolute Return Europe R 5,53% 4/7
Carmignac Patrimoine A EUR Acc 5,48% 4/7
M&G (Lux) Positive Impact Fund 5,41% 6/7
Invesco Global Consumer Trends 5,39% 7/7
Pictet – Atlas – P EUR : 2 5,32% 3/7
Carmignac Portfolio Patrimoine Europe 5,28% 4/7
NN Patrimonial BEST 5,22% 4/7
MainFirst Germany Fund (A) 5,21% 6/7
CG Nouvelle Asie C 5,15% 6/7
Lauxera HealthTech 5,13% 6/7
CANDRIAM Equities L Oncology Impact 5,00% 6/7
EdRF Big Data A EUR 4,99% 6/7
Federal Multi PME P 4,90% 6/7
Talence Euromidcap 4,81% 6/7
BNP Paribas Climate Impact 4,80% 6/7
IVO Fixed Income EUR R Acc 4,79% 5/7
Tikehau SubFin Fund - A – Acc – EUR 4,79% 4/7
Athymis Patrimoine P 4,79% 4/7
GIS Global Multi Asset Income (DX) 4,66% 5/7
Amplegest MidCaps IC 4,65% 6/7
DNCA Invest Beyond Alterosa A 4,61% 4/7
Allianz Global Intelligent Cities - AT (H2-EUR) 4,53% 6/7
Sofidy Selection 1 4,52% 5/7
Most Diversified Portfolio SICAV-TOBAM Anti-Benchmark Multi-Asset Fund part B1 4,41% 3/7
Amplegest MidCaps FC 4,39% 6/7
Durandal 4,35% 3/7
Mandarine Active Part R 4,31% 6/7
Janus Henderson Global Life Sciences Fund 4,29% 6/7
abrdn SICAV II – Global Impact Equity Fund – A Acc EUR 4,27% 6/7
IVO Short Duration SRI 4,26% 4/7
Amplegest Midcaps AC 4,07% 6/7
Groupama Avenir Euro 3,91% 6/7
Galilée World Equity Thematics – RC 3,81% 6/7
Russell Investments Multi-Asset Growth Strategy 3,79% 4/7
MAM Solution 3,75% 5/7
Ecofi Avenir Plus 3,75% 6/7
Pluvalca Initiative PME 3,71% 6/7
DWS Concept Kaldemorgen 3,60% 4/7
Dorval Global Allocation 3,58% 4/7
M&G (Lux) Dynamic Allocation Fund 3,56% 5/7
Pluvalca Disruptive Opportunities A 3,56% 6/7
Sycomore Allocation Patrimoine R 3,50% 3/7
Haas Epargne Patrimoine C 3,50% 3/7
Global Proactive Portfolio - P 3,49% 5/7
OFI INVEST ESG MULTITRACK (R) 3,41% 4/7
Pictet-Multi Asset Global Opps R EUR 3,41% 4/7
Roche-Brune Euro PME 3,40% 6/7
Axiom Short Duration Bond Fund 3,39% 3/7
Covéa Flexible ISR C 3,31% 5/7
Flexigestion Patrimoine 3,28% 4/7
Tikehau International Cross Assets – R – Acc – EUR 3,22% 4/7
Invesco Pan European High Income 3,20% 4/7
QUADRIGE MULTICAPS EUROPE 3,17% 6/7
Portzamparc PME ISR 3,14% 6/7
BL Global Flexible 3,12% 4/7
SLF (F) Opportunité High Yield 2028 P Cap 3,12% 4/7
Hesper Fund – Global solutions (T-12 EUR) 3,11% 5/7
M&G (Lux) Global Themes Fund 3,10% 6/7
Ethna-AKTIV 3,06% 4/7
Portzamparc Europe PME ISR 2,98% 6/7
VONTOBEL TwentyFour Strategic Income Fund 2,90% 4/7
Pictet - Premium Brands - P EUR 2,83% 6/7
Galilée Global Thematics - RC 2,82% 4/7
HELIUM ALPHA 2,77% 4/7
DNCA Invest Eurose A EUR 2,73% 3/7
SLF (LUX) Bond High Yield Opportunity 2026 EUR R Cap 2,68% 4/7
Betamax Global P 2,67% 4/7
Axiom 2027 2,67% /7
Alterna Plus 2,63% 6/7
CANDRIAM Risk Arbitrage 2,58% 3/7
Sextant Bond Picking 2,57% 4/7
Amplegest Long Short IC 2,57% 5/7
EdRF Income Europe A EUR 2,56% 4/7
Carmignac Portfolio Emerging Patrimoine 2,54% 5/7
Tikehau 2027- R – Acc – EUR 2,53% 4/7
Candriam Eqs L Eurp Innovt C EUR Cap 2,50% 6/7
Amplegest PME IC 2,50% 6/7
BGF ESG Multi-Asset 2,43% 5/7
JPMorgan Investment Funds – Global Income Fund 2,43% 4/7
G FUND - ALPHA FIXED INCOME 2,41% 3/7
Amplegest Long Short AC 2,37% 5/7
Gay-Lussac Green Impact 2,37% 6/7
Oddo BHF Immobilier CR-EUR 2,34% 6/7
Amundi Europe Microcaps PC 2,33% 6/7
AIS Protect 2,32% 3/7
G FUND - HYBRID CORPORATE BONDS 2,28% 4/7
CANDRIAM Absolute Return Equity Market Neutral 2,16% 7/7
Seven Diversified Fund Class I 2,07% 4/7
Dorval Global Conservative 2,05% 3/7
CPR Invest – Croissance Réactive 2,03% 5/7
MAM Target 2027 2,00% 4/7
Amplegest PME AC 1,95% 6/7
Echiquier ARTY A 1,94% 4/7
Trusteam Optimum A 1,92% 3/7
Exane Pleiade Fund 1,91% 3/7
HELIUM SELECTION 1,85% 4/7
LF Rendement Global 2028 1,80% 4/7
JPMorgan Investment Funds – China A-Share Opportunities 1,79% 6/7
Sanso Short Duration C 1,68% 3/7
Federal Ethi-Patrimoine 1,67% 3/7
Sextant Autour du Monde A 1,66% 5/7
Ecofi Agir pour le Climat 1,65% 5/7
M&G (Lux) Global Listed Infrastructure Fund 1,64% 6/7
Tikehau Short Duration – R – Acc – EUR 1,62% 2/7
Software Conviction Fund 1,52% 6/7
CM-CIC Pierre C 1,52% 6/7
Legg Mason ClearBridge Infrastructure Value Fund 1,43% 6/7
CANDRIAM Patrimoine Obli Inter 1,40% 3/7
Clartan Patrimoine C 1,38% 3/7
Sanso Objectif Durable 2024 A 1,38% 4/7
Quadrige Europe Midcaps 1,36% 6/7
Sextant Grand Large A 1,36% 4/7
Sunny Euro Stratégic Plus R 1,23% 4/7
LF Credit Innovation 1,13% 4/7
abrdn SICAV I – Diversified Growth Fund – A Acc EUR 1,10% 4/7
Stratégie Rendement 1,03% 3/7
Seven Fortress Fund : Class I 0,95% 4/7
Pluvalca Rentoblig 0,93% 3/7
Gay-Lussac Europe Flex Diversifiés 0,79% 4/7
CANDRIAM SRI Bonds Global HY 0,75% 4/7
Lazard Credit Opportunities RC EUR 0,61% 4/7
JPMorgan Investment Funds - Global Macro Opportunities Fund 0,59% 5/7
HELIUM FUND 0,45% 3/7
Dôm Reflex 0,40% 3/7
Gutenberg Patrimoine C 0,33% 4/7
Zenith Patrimoine / OPCVM Obligations 0,25% 4/7
RobecoSAM SDG Credit Income 0,10% 4/7
RobecoSAM Euro SDG Credits 0,07% 4/7
Ecofi Trajectoires Durables -0,05% 6/7
abrdn SICAV I – Climate Transition Bond Fund – A Acc Hedged EUR -0,19% 4/7
Lazard Patrimoine RC -0,40% 4/7
CT (LUX) EUROPEAN SOCIAL BOND -0,40% 3/7
HELIUM INVEST -0,54% 3/7
Allianz Pet and Animal Wellbeing - AT (H2-EUR) -0,61% 6/7
Jupiter Strategic Absolute Return Bund Fund -0,81% 4/7
Edmond de Rothschild Fund Bond Allocation (part A-EUR) -1,18% 4/7
NN Green Bond -1,19% 3/7
Pictet – Biotech – P EUR -1,30% 6/7
CANDRIAM SRI Bonds Emerging Markets -1,31% 4/7
M&G (Lux) Episode Macro Fund EUR S-H Acc -1,33% 6/7
Varenne Selection A-EUR -1,34% 6/7
Nova Europe A -1,38% 6/7
M&G (Lux) Optimal Income Fund -1,46% 4/7
GIS Euro Bond -1,51% 4/7
Jupiter Dynamic Bond -1,85% 4/7
Nordea1 - Stable Return Fund -2,68% 4/7
BNP PARIBAS Diversipierre -3,11% 2/7
MS INVF US Growth -3,22% 7/7
M&G (Lux) Global Macro Bond Fund -3,59% 4/7
Nordea 1 - Alpha 10MA Fund -4,23% 4/7
abrdn Global Real Estate Active Thematics UCITS ETF -4,42% 6/7
DNB Fund Renewable Energy -4,64% 7/7
Nordea 1 – Alpha 15 MA Fund -7,30% 5/7
BNP PARIBAS ENERGY TRANSITION -12,81% 7/7

Fonds à profil de risque 2/7

Fonds à profil de risque 4/7

Fonds 1 mois
Aperture European Innovation 3,91%
Centifolia C A/I 3,83%
R-co 4Change Inclusion & Handicap Equity C EUR 3,86%
R-co Valor C EUR 1,23%
OFI INVEST ESG EQUITY CLIMATE CHANGE (RC) 6,04%
EXPORT EUROPE PALATINE R 3,48%
PALATINE PLANETE C 5,57%
R-co Thematic Silver Plus C EUR 2,27%
Most Diversified Portfolio SICAV-TOBAM Anti-Benchmark Euro Equity Fund part B 4,22%
Axiom Obligataire 1,76%
Kirao Multicaps Alpha 3,14%
ELEVA Absolute Return Europe R 0,87%
Carmignac Patrimoine A EUR Acc 0,40%
Carmignac Portfolio Patrimoine Europe 1,13%
NN Patrimonial BEST 1,80%
Tikehau SubFin Fund - A – Acc – EUR 1,81%
Athymis Patrimoine P 1,73%
DNCA Invest Beyond Alterosa A 2,53%
IVO Short Duration SRI 0,89%
Russell Investments Multi-Asset Growth Strategy 1,98%
DWS Concept Kaldemorgen 0,71%
Dorval Global Allocation 1,92%
OFI INVEST ESG MULTITRACK (R) 2,55%
Pictet-Multi Asset Global Opps R EUR 1,37%
Flexigestion Patrimoine 1,58%
Tikehau International Cross Assets – R – Acc – EUR 1,02%
Invesco Pan European High Income 1,78%
BL Global Flexible 2,68%
SLF (F) Opportunité High Yield 2028 P Cap 1,38%
Ethna-AKTIV 0,15%
VONTOBEL TwentyFour Strategic Income Fund 1,39%
Galilée Global Thematics - RC 1,02%
HELIUM ALPHA 0,76%
SLF (LUX) Bond High Yield Opportunity 2026 EUR R Cap 0,95%
Betamax Global P 1,86%
Sextant Bond Picking 0,83%
EdRF Income Europe A EUR 1,52%
Tikehau 2027- R – Acc – EUR 1,16%
JPMorgan Investment Funds – Global Income Fund 2,55%
G FUND - HYBRID CORPORATE BONDS 0,85%
Seven Diversified Fund Class I 1,61%
MAM Target 2027 0,85%
Echiquier ARTY A 1,48%
HELIUM SELECTION 0,64%
LF Rendement Global 2028 0,99%
Sanso Objectif Durable 2024 A 0,61%
Sextant Grand Large A 2,22%
Sunny Euro Stratégic Plus R 0,73%
LF Credit Innovation 1,13%
abrdn SICAV I – Diversified Growth Fund – A Acc EUR 1,68%
Seven Fortress Fund : Class I -1,42%
Gay-Lussac Europe Flex Diversifiés 2,25%
CANDRIAM SRI Bonds Global HY 0,83%
Lazard Credit Opportunities RC EUR 0,91%
Gutenberg Patrimoine C 0,37%
Zenith Patrimoine / OPCVM Obligations 0,46%
RobecoSAM SDG Credit Income 1,44%
RobecoSAM Euro SDG Credits 0,38%
abrdn SICAV I – Climate Transition Bond Fund – A Acc Hedged EUR 1,37%
Lazard Patrimoine RC 0,38%
Jupiter Strategic Absolute Return Bund Fund 0,48%
Edmond de Rothschild Fund Bond Allocation (part A-EUR) 0,99%
CANDRIAM SRI Bonds Emerging Markets 1,91%
M&G (Lux) Optimal Income Fund 1,68%
GIS Euro Bond 0,41%
Jupiter Dynamic Bond 2,02%
Nordea1 - Stable Return Fund -1,45%
M&G (Lux) Global Macro Bond Fund 0,44%
Nordea 1 - Alpha 10MA Fund -2,91%

Fonds à profil de risque 6/7

Fonds 1 mois
Janus Henderson Horizon Global Technology Leaders Fund 6,22%
Prévoir Pangea R 4,38%
MainFirst Global Equities Fund 2,69%
Prévoir Gestion Actions C 3,69%
Pictet - Digital – P EUR 4,07%
BlueBox Funds Global Technology classe C 3,98%
Jupiter Financial Innovation 3,87%
DNB Technology 4,15%
BNP PARIBAS Disruptive technology 4,41%
Portzamparc Opportunités ISR 4,38%
TCW Funds - TCW Global Artificial Intelligence Equity Fund - AEHE 7,52%
Digital Stars Europe Acc 6,20%
Sélection Action Rendement International 1,06%
Ofi Invest ISR Grandes Marques A 3,00%
Digital Stars Europe 6,14%
Montségur Croissance C 3,19%
CPR Invest – Global Disruptive Opportunities 5,84%
BDL Transition 6,60%
Montségur Rendement C 4,31%
Janus Henderson Horizon Global Sustainable Equity Fund 5,38%
DNB Fund Future Waves 8,94%
Echiquier World Equity Growth A 1,75%
Vega France Opportunités RC 4,20%
MS INVF Asia Opportunity 1,55%
Europa One R 6,24%
Clartan Valeurs C 3,06%
CANDRIAM Equities L Robotics 7,52%
Haas Actions Croissance C 2,84%
Seven European Equity Class I 3,45%
G FUND - WORLD (R)EVOLUTIONS 2,64%
JOHCM Continental European Fund A EUR 2,02%
DNCA Invest Beyond Global Leaders B EUR 6,37%
CPR Invest – Climate Action 4,21%
Seven UCITS Seven European Eqty Fd EUR-R 3,38%
Mandarine Global Transition Part R 4,90%
VONTOBEL Clean Technology 6,55%
CT (LUX) SUSTAINABLE OUTCOMES GLOBAL EQUITY 5,99%
LO Funds Global Prestige P EUR Acc 1,61%
Claresco USA 2,13%
Amundi Actions USA ISR P C 3,01%
RobecoSAM Smart Energy Equities 10,71%
Jupiter Global Ecology Growth 5,81%
DNB Nordic Equities 5,56%
Norden SRI 6,97%
Kirao Multicaps AC 4,29%
Dorval Manageurs Europe 4,98%
Covéa Terra A (C) 5,57%
Lazard Equity SRI C 3,21%
ELEVA Euroland Selection R 3,13%
Amplegest Pricing Power IC 2,35%
Regnan Sustainable Water & Waste A EUR 2,19%
Echiquier Positive Impact Europe A 5,33%
Russell Investments Low Carbon 2,50%
Amplegest Pricing Power FC 2,31%
GALILEO MIDCAP 2,99%
G FUND OPPORTUNITIES EUROPE 3,97%
Roche-Brune Euro Valeurs Responsables 4,47%
Fidelity Global Technology A-Dis-EUR 3,66%
Flornoy Valeurs Familiales 2,99%
Amplegest Pricing Power AC 2,23%
Fidelity World A-Acc-EUR 2,15%
Sanso Smart Climate 2,41%
Fideas Smart for Climate P Actions Eurozone ISR 3,96%
Invesco Asia Consumer Demand 5,80%
Russell Investments World Equity Fund 1,79%
Zenith World ISR / OPCVM Actions 2,43%
Mansartis Europe C 2,83%
Covéa Ruptures A (C) 4,61%
Nordea1 - Global Climate & Environment Fund 4,03%
Schroder ISF Glb Clmt Chg Eq A Acc EUR 5,28%
HSBC SRI Euroland Equity AC 4,70%
DNCA Invest Archer Mid-Cap Europe B EUR 4,05%
Pictet – Global Environmental Opportunities – P EUR : 4 2,56%
VONTOBEL mtx Sustainable Emerging Markets Leaders 3,09%
Constance Be World A 1,72%
Templeton Global Climate Change Fund 7,64%
BNP PARIBAS HEALTH CARE INNOVATORS 1,30%
Tocqueville Silver Age ISR 3,90%
COGEFI Prospective P 6,89%
Pictet – Clean Energy Transition – P EUR : 5 6,27%
Copernic - RC 3,16%
Dorval European Climate Initiative Part R 6,44%
Claresco Innovation 4,10%
MS INVF Europe Opportunity 1,28%
Renaissance Europe C 1,51%
M&G (Lux) Global Dividend Fund 2,96%
Clartan Ethos Esg Europe Small&Mid Cap C 5,94%
ELEVA Leaders Small et Mid Cap Europe R 4,68%
COGEFI Elixir P 2,51%
Pictet – Water – P EUR -0,15%
Pictet - Security – P EUR 2,49%
Sélection Action Rendement 2,32%
Candriam SRI Equity Em Mkts C EUR Acc 4,42%
Richelieu Family Small Cap R 6,64%
Quadrige France Smallcaps C 9,09%
MCA Entreprendre PME 4,40%
EdR SICAV Euro Sust Growth A EUR 3,36%
CM-CIC Objectif Environnement C 5,79%
CANDRIAM SRI Equities EMU 2,92%
Ecofi Enjeux Futurs 5,09%
Claresco Avenir P 5,70%
Kirao Smallcaps 4,74%
Betamax Europe Smart for Climate P Actions Europe 3,24%
BNPPARIBAS AQUA CLASSIC C 2,40%
Mandarine Europe Microcap R EUR 7,61%
Russell Investments China Equity Fund 3,41%
SLF (LUX) Equity Green Buildings & Infrastructure Impact EUR R Cap 3,37%
NN Global Impact Opps 2,38%
HMG Rendement D A/I 4,48%
CPR Invest – Global Silver Age 0,85%
Pictet – Global Megatrend Selection – P EUR : 4 1,87%
Portzamparc Entrepreneurs ISR 5,43%
Wise 5 2,96%
Galilée Innovation Europe - RC 2,18%
SLF (LUX) Equity Environment & Biodiversity Impact EUR R Cap 0,54%
QUADRIGE RENDEMENT France Midcaps 8,70%
Amilton Premium Europe R 5,74%
Sextant PME 6,62%
Valeur Intrinsèque P 2,40%
Arc Actions Santé Innovante A 1,26%
BDL REMPART 2,24%
FFG 1,76%
BSO France P 1,03%
BNP PARIBAS CHINA EQUITY 2,23%
JPMorgan Funds - Global Healthcare Fund -0,06%
Echiquier Agenor SRI Mid Cap Europe A 5,28%
IDAM Small France R 4,39%
Erasmus Small Cap Euro R 4,33%
M&G (Lux) Positive Impact Fund 1,53%
MainFirst Germany Fund (A) 2,39%
CG Nouvelle Asie C 3,45%
Lauxera HealthTech 5,74%
CANDRIAM Equities L Oncology Impact 2,48%
EdRF Big Data A EUR 1,03%
Federal Multi PME P 5,12%
Talence Euromidcap 6,34%
BNP Paribas Climate Impact 3,34%
Amplegest MidCaps IC 5,43%
Allianz Global Intelligent Cities - AT (H2-EUR) 4,04%
Amplegest MidCaps FC 5,38%
Mandarine Active Part R 2,55%
Janus Henderson Global Life Sciences Fund 2,61%
abrdn SICAV II – Global Impact Equity Fund – A Acc EUR 1,62%
Amplegest Midcaps AC 5,31%
Groupama Avenir Euro 7,56%
Galilée World Equity Thematics – RC 1,91%
Ecofi Avenir Plus 6,84%
Pluvalca Initiative PME 7,98%
Pluvalca Disruptive Opportunities A 5,66%
Roche-Brune Euro PME 5,02%
QUADRIGE MULTICAPS EUROPE 5,77%
Portzamparc PME ISR 7,88%
M&G (Lux) Global Themes Fund 1,55%
Portzamparc Europe PME ISR 3,30%
Pictet - Premium Brands - P EUR -1,77%
Alterna Plus 0,65%
Candriam Eqs L Eurp Innovt C EUR Cap 2,67%
Amplegest PME IC 4,81%
Gay-Lussac Green Impact 4,69%
Oddo BHF Immobilier CR-EUR 7,02%
Amundi Europe Microcaps PC 6,30%
Amplegest PME AC 4,69%
JPMorgan Investment Funds – China A-Share Opportunities -0,72%
M&G (Lux) Global Listed Infrastructure Fund 2,46%
Software Conviction Fund -2,11%
CM-CIC Pierre C 5,96%
Legg Mason ClearBridge Infrastructure Value Fund 2,62%
Quadrige Europe Midcaps 7,94%
Ecofi Trajectoires Durables 6,72%
Allianz Pet and Animal Wellbeing - AT (H2-EUR) 5,03%
Pictet – Biotech – P EUR 1,47%
M&G (Lux) Episode Macro Fund EUR S-H Acc 1,94%
Varenne Selection A-EUR 3,70%
Nova Europe A 5,23%
abrdn Global Real Estate Active Thematics UCITS ETF 0,56%

Tous les fonds

Fonds 1 mois SRRI
Axiom European Banks Equity 6,32% 7/7
Janus Henderson Horizon Global Technology Leaders Fund 6,22% 6/7
Prévoir Pangea R 4,38% 6/7
MainFirst Global Equities Fund 2,69% 6/7
Prévoir Gestion Actions C 3,69% 6/7
Pictet - Digital – P EUR 4,07% 6/7
BlueBox Funds Global Technology classe C 3,98% 6/7
Jupiter Financial Innovation 3,87% 6/7
DNB Technology 4,15% 6/7
BNP PARIBAS Disruptive technology 4,41% 6/7
Sycomore Shared Growth R 4,95% 5/7
Portzamparc Opportunités ISR 4,38% 6/7
TCW Funds - TCW Global Artificial Intelligence Equity Fund - AEHE 7,52% 6/7
Aperture European Innovation 3,91% 4/7
Digital Stars Europe Acc 6,20% 6/7
Sélection Action Rendement International 1,06% 6/7
Ofi Invest ISR Grandes Marques A 3,00% 6/7
Digital Stars Europe 6,14% 6/7
Montségur Croissance C 3,19% 6/7
CPR Invest – Global Disruptive Opportunities 5,84% 6/7
BDL Transition 6,60% 6/7
Montségur Rendement C 4,31% 6/7
Sycomore Happy@Work 4,53% 5/7
Janus Henderson Horizon Global Sustainable Equity Fund 5,38% 6/7
DNB Fund Future Waves 8,94% 6/7
Echiquier World Equity Growth A 1,75% 6/7
CM-CIC Global Leaders C 2,72% 5/7
HMG Globetrotter C 3,26% 5/7
Vega France Opportunités RC 4,20% 6/7
Echiquier Artificial Intelligence B EUR 3,03% 7/7
MS INVF Asia Opportunity 1,55% 6/7
Europa One R 6,24% 6/7
Clartan Valeurs C 3,06% 6/7
CANDRIAM Equities L Robotics 7,52% 6/7
Haas Actions Croissance C 2,84% 6/7
Seven European Equity Class I 3,45% 6/7
G FUND - WORLD (R)EVOLUTIONS 2,64% 6/7
Robeco Sustainable Global Stars Equities 4,01% 5/7
JOHCM Continental European Fund A EUR 2,02% 6/7
DNCA Invest Beyond Global Leaders B EUR 6,37% 6/7
CPR Invest – Climate Action 4,21% 6/7
Seven UCITS Seven European Eqty Fd EUR-R 3,38% 6/7
Mandarine Global Transition Part R 4,90% 6/7
VONTOBEL Clean Technology 6,55% 6/7
CT (LUX) SUSTAINABLE OUTCOMES GLOBAL EQUITY 5,99% 6/7
LO Funds Global Prestige P EUR Acc 1,61% 6/7
Claresco USA 2,13% 6/7
Comgest Monde C 3,91% 5/7
Amundi Actions USA ISR P C 3,01% 6/7
RobecoSAM Smart Energy Equities 10,71% 6/7
Jupiter Global Ecology Growth 5,81% 6/7
DNB Nordic Equities 5,56% 6/7
Norden SRI 6,97% 6/7
Kirao Multicaps AC 4,29% 6/7
Dorval Manageurs Europe 4,98% 6/7
Covéa Terra A (C) 5,57% 6/7
Lazard Equity SRI C 3,21% 6/7
ELEVA Euroland Selection R 3,13% 6/7
Amplegest Pricing Power IC 2,35% 6/7
Regnan Sustainable Water & Waste A EUR 2,19% 6/7
Echiquier Positive Impact Europe A 5,33% 6/7
Russell Investments Low Carbon 2,50% 6/7
Amplegest Pricing Power FC 2,31% 6/7
GALILEO MIDCAP 2,99% 6/7
G FUND OPPORTUNITIES EUROPE 3,97% 6/7
Roche-Brune Euro Valeurs Responsables 4,47% 6/7
Fidelity Global Technology A-Dis-EUR 3,66% 6/7
Flornoy Valeurs Familiales 2,99% 6/7
Centifolia C A/I 3,83% 4/7
Amplegest Pricing Power AC 2,23% 6/7
Fidelity World A-Acc-EUR 2,15% 6/7
Sanso Smart Climate 2,41% 6/7
Fideas Smart for Climate P Actions Eurozone ISR 3,96% 6/7
R-co 4Change Inclusion & Handicap Equity C EUR 3,86% 4/7
Invesco Asia Consumer Demand 5,80% 6/7
Russell Investments World Equity Fund 1,79% 6/7
Zenith World ISR / OPCVM Actions 2,43% 6/7
Mansartis Europe C 2,83% 6/7
Robeco Global Consumer Trends 2,66% 5/7
Covéa Ruptures A (C) 4,61% 6/7
R-co Valor C EUR 1,23% 4/7
Nordea1 - Global Climate & Environment Fund 4,03% 6/7
Schroder ISF Glb Clmt Chg Eq A Acc EUR 5,28% 6/7
HSBC SRI Euroland Equity AC 4,70% 6/7
DNCA Invest Archer Mid-Cap Europe B EUR 4,05% 6/7
Pictet – Global Environmental Opportunities – P EUR : 4 2,56% 6/7
VONTOBEL mtx Sustainable Emerging Markets Leaders 3,09% 6/7
OFI INVEST ESG EQUITY CLIMATE CHANGE (RC) 6,04% 4/7
Constance Be World A 1,72% 6/7
Templeton Global Climate Change Fund 7,64% 6/7
BNP PARIBAS HEALTH CARE INNOVATORS 1,30% 6/7
Tocqueville Silver Age ISR 3,90% 6/7
COGEFI Prospective P 6,89% 6/7
Pictet – Clean Energy Transition – P EUR : 5 6,27% 6/7
Copernic - RC 3,16% 6/7
First Eagle Amundi International AE-C 1,01% 5/7
Dorval European Climate Initiative Part R 6,44% 6/7
BDL Convictions 4,06% 5/7
HMG Découvertes C 4,80% 5/7
Claresco Innovation 4,10% 6/7
Varenne Valeur 3,87% 5/7
MS INVF Europe Opportunity 1,28% 6/7
Renaissance Europe C 1,51% 6/7
M&G (Lux) Global Dividend Fund 2,96% 6/7
Clartan Ethos Esg Europe Small&Mid Cap C 5,94% 6/7
ELEVA Leaders Small et Mid Cap Europe R 4,68% 6/7
EXPORT EUROPE PALATINE R 3,48% 4/7
Dorval Convictions - Part R 2,42% 5/7
Pluvalca Sustainable Opportunities 8,90% 5/7
COGEFI Elixir P 2,51% 6/7
Pictet – Water – P EUR -0,15% 6/7
Pictet - Security – P EUR 2,49% 6/7
Sélection Action Rendement 2,32% 6/7
Candriam SRI Equity Em Mkts C EUR Acc 4,42% 6/7
Richelieu Family Small Cap R 6,64% 6/7
Quadrige France Smallcaps C 9,09% 6/7
MCA Entreprendre PME 4,40% 6/7
EdR SICAV Euro Sust Growth A EUR 3,36% 6/7
CM-CIC Objectif Environnement C 5,79% 6/7
PALATINE PLANETE C 5,57% 4/7
CANDRIAM SRI Equities EMU 2,92% 6/7
R-co Conviction Equity Value Euro C EUR 3,54% 5/7
Ecofi Enjeux Futurs 5,09% 6/7
Claresco Avenir P 5,70% 6/7
Kirao Smallcaps 4,74% 6/7
HMG DECOUVERTES PME - part C 4,95% 5/7
Betamax Europe Smart for Climate P Actions Europe 3,24% 6/7
BNPPARIBAS AQUA CLASSIC C 2,40% 6/7
TCW Relative Value US Equities Fund 1,41% 5/7
Mandarine Europe Microcap R EUR 7,61% 6/7
Russell Investments China Equity Fund 3,41% 6/7
SLF (LUX) Equity Green Buildings & Infrastructure Impact EUR R Cap 3,37% 6/7
NN Global Impact Opps 2,38% 6/7
HMG Rendement D A/I 4,48% 6/7
Sycomore Eco Solutions 9,42% 5/7
CPR Invest – Global Silver Age 0,85% 6/7
Pictet – Global Megatrend Selection – P EUR : 4 1,87% 6/7
JOHCM Global Opportunities Fund A EUR 1,82% 5/7
Portzamparc Entrepreneurs ISR 5,43% 6/7
Wise 5 2,96% 6/7
DWS Invest Top Dividend 0,48% 5/7
Galilée Innovation Europe - RC 2,18% 6/7
Raymond James Funds Smicrocaps 2,57% 5/7
R-co Thematic Silver Plus C EUR 2,27% 4/7
SLF (LUX) Equity Environment & Biodiversity Impact EUR R Cap 0,54% 6/7
QUADRIGE RENDEMENT France Midcaps 8,70% 6/7
Amilton Premium Europe R 5,74% 6/7
Sextant PME 6,62% 6/7
AXAWF Global Optimal Income E Cap EUR 2,58% 5/7
Janus Henderson Horizon Biotechnology Fund 3,00% 7/7
Valeur Intrinsèque P 2,40% 6/7
Arc Actions Santé Innovante A 1,26% 6/7
OMNIBOND 0,66% 3/7
Janus Henderson Balanced Fund 2,74% 5/7
BDL REMPART 2,24% 6/7
Most Diversified Portfolio SICAV-TOBAM Anti-Benchmark Euro Equity Fund part B 4,22% 4/7
FFG 1,76% 6/7
BSO France P 1,03% 6/7
COGEFI Flex Dynamic P 2,22% 5/7
BNP PARIBAS CHINA EQUITY 2,23% 6/7
Axiom Obligataire 1,76% 4/7
JPMorgan Funds - Global Healthcare Fund -0,06% 6/7
Echiquier Agenor SRI Mid Cap Europe A 5,28% 6/7
IDAM Small France R 4,39% 6/7
OTEA 1 1,62% 5/7
Erasmus Small Cap Euro R 4,33% 6/7
Kirao Multicaps Alpha 3,14% 4/7
ELEVA Absolute Return Europe R 0,87% 4/7
Carmignac Patrimoine A EUR Acc 0,40% 4/7
M&G (Lux) Positive Impact Fund 1,53% 6/7
Invesco Global Consumer Trends 1,98% 7/7
Pictet – Atlas – P EUR : 2 1,01% 3/7
Carmignac Portfolio Patrimoine Europe 1,13% 4/7
NN Patrimonial BEST 1,80% 4/7
MainFirst Germany Fund (A) 2,39% 6/7
CG Nouvelle Asie C 3,45% 6/7
Lauxera HealthTech 5,74% 6/7
CANDRIAM Equities L Oncology Impact 2,48% 6/7
EdRF Big Data A EUR 1,03% 6/7
Federal Multi PME P 5,12% 6/7
Talence Euromidcap 6,34% 6/7
BNP Paribas Climate Impact 3,34% 6/7
IVO Fixed Income EUR R Acc 1,92% 5/7
Tikehau SubFin Fund - A – Acc – EUR 1,81% 4/7
Athymis Patrimoine P 1,73% 4/7
GIS Global Multi Asset Income (DX) 2,32% 5/7
Amplegest MidCaps IC 5,43% 6/7
DNCA Invest Beyond Alterosa A 2,53% 4/7
Allianz Global Intelligent Cities - AT (H2-EUR) 4,04% 6/7
Sofidy Selection 1 6,24% 5/7
Most Diversified Portfolio SICAV-TOBAM Anti-Benchmark Multi-Asset Fund part B1 3,00% 3/7
Amplegest MidCaps FC 5,38% 6/7
Durandal 0,97% 3/7
Mandarine Active Part R 2,55% 6/7
Janus Henderson Global Life Sciences Fund 2,61% 6/7
abrdn SICAV II – Global Impact Equity Fund – A Acc EUR 1,62% 6/7
IVO Short Duration SRI 0,89% 4/7
Amplegest Midcaps AC 5,31% 6/7
Groupama Avenir Euro 7,56% 6/7
Galilée World Equity Thematics – RC 1,91% 6/7
Russell Investments Multi-Asset Growth Strategy 1,98% 4/7
MAM Solution 0,67% 5/7
Ecofi Avenir Plus 6,84% 6/7
Pluvalca Initiative PME 7,98% 6/7
DWS Concept Kaldemorgen 0,71% 4/7
Dorval Global Allocation 1,92% 4/7
M&G (Lux) Dynamic Allocation Fund 2,29% 5/7
Pluvalca Disruptive Opportunities A 5,66% 6/7
Sycomore Allocation Patrimoine R 1,12% 3/7
Haas Epargne Patrimoine C 1,20% 3/7
Global Proactive Portfolio - P 2,23% 5/7
OFI INVEST ESG MULTITRACK (R) 2,55% 4/7
Pictet-Multi Asset Global Opps R EUR 1,37% 4/7
Roche-Brune Euro PME 5,02% 6/7
Axiom Short Duration Bond Fund 0,89% 3/7
Covéa Flexible ISR C 1,22% 5/7
Flexigestion Patrimoine 1,58% 4/7
Tikehau International Cross Assets – R – Acc – EUR 1,02% 4/7
Invesco Pan European High Income 1,78% 4/7
QUADRIGE MULTICAPS EUROPE 5,77% 6/7
Portzamparc PME ISR 7,88% 6/7
BL Global Flexible 2,68% 4/7
SLF (F) Opportunité High Yield 2028 P Cap 1,38% 4/7
Hesper Fund – Global solutions (T-12 EUR) 1,07% 5/7
M&G (Lux) Global Themes Fund 1,55% 6/7
Ethna-AKTIV 0,15% 4/7
Portzamparc Europe PME ISR 3,30% 6/7
VONTOBEL TwentyFour Strategic Income Fund 1,39% 4/7
Pictet - Premium Brands - P EUR -1,77% 6/7
Galilée Global Thematics - RC 1,02% 4/7
HELIUM ALPHA 0,76% 4/7
DNCA Invest Eurose A EUR 1,25% 3/7
SLF (LUX) Bond High Yield Opportunity 2026 EUR R Cap 0,95% 4/7
Betamax Global P 1,86% 4/7
Axiom 2027 0,91% /7
Alterna Plus 0,65% 6/7
CANDRIAM Risk Arbitrage 0,10% 3/7
Sextant Bond Picking 0,83% 4/7
Amplegest Long Short IC 3,36% 5/7
EdRF Income Europe A EUR 1,52% 4/7
Carmignac Portfolio Emerging Patrimoine 0,92% 5/7
Tikehau 2027- R – Acc – EUR 1,16% 4/7
Candriam Eqs L Eurp Innovt C EUR Cap 2,67% 6/7
Amplegest PME IC 4,81% 6/7
BGF ESG Multi-Asset 1,50% 5/7
JPMorgan Investment Funds – Global Income Fund 2,55% 4/7
G FUND - ALPHA FIXED INCOME 0,39% 3/7