Our Funds

Aesculape

ISIN: FR00140032U2

All Caps

Global Equities

Method

Aesculape

Investment horizon

Longer than 5 years

VL

266.20€

au 09/16/2021

5 years performance

-

Risk

Aesculape is a thematic global equity fund, Investing in European, American and Asian companies fully exposed to the health industry, focused on innovative treatments and services and benefiting from secular growth trends. This fund is fully in line with the sustainable theme of the United Nations SDG 3.

Its management is based on a proprietary and dynamic method: the Aesculape method, which includes ESG criteria. 

principles-for-responsible-investment

Before any investment, PLEASE CAREFULLY READ THE KIID AND PROSPECTUS OF THE UCITS.

The health sector represents a market globally estimated at $8,500 billion, i.e. around 10% of world GDP, with strong structural growth. The average annual growth rate is around 8%.  

The health sector is on the verge of a revolution:  

In the face of these major trends, we believe that there are three key drivers:

→ Time gain thanks to molecular diagnosis or the pathogens, highlighted by Covid-19.
→ Identification of biomarkers, especially in oncology.
→ Imaging integrating the use of artificial intelligence and treatment algorithms.

→ Revolution of mRNA through the pandemic can be applied in cancers.
→ Development of antibodies engineering (ADC, bispecific, CART-T) replacing monoclonal antibodies.
→Development of genetic and cellular therapies to restore defficient functionalities.

→ Multiplicity of modalities and the complexity of the process favor outsourcing.
→ Focus on laboratories with strong franchise who are capable to meet public budgets.

The objective is to select international companies actively involved in the health theme

Our approach to managing this fund is to combine structural and stock picking themes

Themes

Stock Picking

→ Identification of three structural vectors

→ Analysis of the political and reglementary trends

→ Surveillance on the fusion movements and sector acquisitions

→ Investing in today’s and tomorrow’s leaders

→ Quality management with a long term vision

→ Factual validation of the investment thesis and thematic

The stocks in the portfolio are analysed using a dual approach: the Aesculape method, and our proprietary SRI analysis methodologyMontpensier Governance Flag (MGF), and Montpensier Impact Assessment (MIA).

INTÉGRATION DE L'ANALYSE ISR

INTEGRATION FOR THE SRI ANALYSIS

Extended
exclusion lists

MSCI CCC Ratings
& Red Flags for
controversies

Montpensier
Governance Flag - MGF

Montpensier Impact
Assessment - MIA

The objective of the fund is to participate in the rise and fall of the global equity markets, with a preponderance of OECD countries, by investing at least 75% of the net assets of the fund in equities of companies whose activities are exposed to health, integrating ESG criteria in the selection and analysis process of the securities in the portfolio The Fund will invest mainly in equities and similar instruments up to a minimum of 75%, through a discretionary Bottom Up management approach favouring the search for intrinsic quality of securities.

The fund takes ESG criteria into account in order to deliver financial performance and as part of our aim to positively influence issuers in terms of ESG performances, by encouraging companies to further integrate ESG criteria into their business activities and by promoting best practices.

The extra-financial approach implemented is part of an objective to mitigate sustainability risks.

ISIN: FR00140032U2

VL

266.20€

YTD

-

5 YEARS

-

-

Lower risks typically lower rewards

Higher risks typically higher rewards

→ Risk of loss of capital: the fund does not provide any guarantee of performance or capital.

→ Discretionary management risk: risk that the Fund is not invested in the best performing equities at all times.

→ Equity risk: the equity markets may fluctuate significantly and may even fall significantly. In addition, the Fund invests up to 25% of its net assets in small caps, which due to their specific characteristics may present risks for investors.

→ Sector concentration risk: risk of losses linked to the concentration of the portfolio in the sector of securities directly or indirectly linked to health. If this sector declines, the net asset value of the fund may fall faster and more sharply than the equity markets, and may be more volatile.

→ Sustainability risk: the Fund is exposed to the risk that an environmental, social or governance event or situation, if it occurs, may have a significant actual or potential negative impact on the value of the portfolio securities.

→ Currency risk: the risk that the net asset value of the fund will fall if exchange rates change, with exposure to currency risk being up to 100% of the net assets.

→ Other risks: liquidity risk, risk related to the use of derivatives, risk of investing in emerging markets, interest rate risk, credit risk, risk related to speculative securities, risk related to convertible bonds, counterparty risk.

Risks are detailed in the prospectus.

Inception date

12 july 2021

Legal status

UCITS IV French-law compliant FCP

AMF classification

Global Equities

PEA eligible (France only)

No

Currency

EUR

ISIN codes

FR00140032U2 (Aesculape IC)

Cost

Refer to the prospectus and each fund share’s KIID in the “download documents” box above.

Investment management company

Montpensier Finance

Custodian

Caceis Bank France

Valuation

Daily (Caceis Fund Admin)

Cut-off

Refer to the prospectus and contact the banking institution that handled the order.

Investment horizon

Longer than 5 years

Approved for distribution in

France

Centralist

Caceis Bank