La Française Carbon Impact 2026 reaches beyond €200 million mark

La Française is pleased to announce that its fixed maturity, climate-change-oriented fund, La Française Carbon Impact 2026 has surpassed €200 million in assets under management (as of 06/04/2023).

The credit fund is a diversified portfolio of approximately 150 global issuers with an average rating of BB (Source: La Française, as of 06/04/2023) and is co-managed by an experienced team of two: Marie Lassegnore, CFA, Head of Sustainable Investments & Investment Grade Portfolio Manager and Gabriel Crabos, High Yield Portfolio Manager La Française AM.

The overarching objective of the fund is to direct capital toward financing the energy transition and reducing greenhouse gas emissions. Over the recommended investment period which runs until 31 December 2026, the fund aims to outperform (after fees) French government bonds with a 2026 maturity.

The fund invests in a portfolio of issuers filtered primarily according to Environmental, Social, and Governance criteria and analyzed with regard to their compatibility with the energy transition on the basis of a proprietary methodology. The fund is committed to having a weighted average of the portfolio's greenhouse gas emissions per euro invested (scopes 1 and 2) at least 50% lower than that of a comparable investment universe that would be the composite 30% Bloomberg Global Aggregate Corporate Index 70% ICE BofAML BB-B Global High Yield Index.

La Française Carbon Impact 2026 (distinguished with the French SRI Label and classified Art. 9 SFDR) has a yield to worst of 5.87% (gross of fees and net of hedging costs). 

La Française Carbon Impact 2026

Asset Class: International bonds and other debt securities

Unit / ISIN code: I / FR0013431194

Investment horizon: to maturity on 31/12/2026  

Synthetic Risk Indicator (scale from 1 to 7): 3

Main associated risks: 

Risk of capital loss,  ESG investment risk, sustainability risk, discretionary risk, exchange rate risk,  risk arising from techniques such as derivatives, equity risk associated with convertible bonds, interest rate risk, credit risk, default risk relating to issuers of debt securities, the risk associated with investments in high yield securities, the risk associated with investing in non-OECD countries, counterparty risk, potential risk of conflict of interest, liquidity risk, the risk associated with holding convertible bonds.

The SRI Label does not guarantee the Fund's performance. The French SRI label distinguishes “investments that aim to bring together economic performance with a social and environmental impact by financing companies and public entities that contribute to sustainable development regardless of their sector of activity”. (www.lelabelisr.fr)