Candriam Equities L Gl.Dem.N EUR Acc/  LU0654531424  /

Equities of companies considered to be well positioned to take advantage of global demographic changes and which have their registered office and/or carry out their primary economic activity in developed countries. The fund seeks to achieve capital growth by investing in the principal assets traded and to outperform the benchmark. The management team makes discretionary investment choices based on economic/financial analyses. The discretionary approach is based on a fundamental analysis aiming to select the best companies according to five criteria: quality of management, growth potential, competitive advantage, value creation and indebtedness. The management team will take into consideration the various aspects of these demographic changes, notably: the growth in the world population which is likely to produce growing demand for raw materials, energy and foodstuffs, the growing trend towards urbanisation and the generalisation of well-being in emerging countries which gives rise to the concept of the "global consumer" (in particular in the luxury goods, tourism and technologies sectors), the gradual ageing of the population in developed countries, and also increasingly in emerging markets, and its correlation with healthcare costs (in particular via pharmaceutical companies and the biotechnology and medical equipment sectors). The fund promotes, among other characteristics, environmental and/or social characteristics but does not have sustainable investment as its objective. Environmental, social and governance (ESG) criteria contribute to the asset manager's decision-making but are not a decisive factor in this decision-making. For more information, please see the management company's website and/or the prospectus. The fund may make use of derivative products for both investment and hedging purposes (to protect against future unfavourable financial events).

Equities of companies considered to be well positioned to take advantage of global demographic changes and which have their registered office and/or carry out their primary economic activity in developed countries.