Regulatory information



Set-up of controls

CPR AM has a three-tier set-up of controls:

First-level permanent controls are handled by operating staff and are integrated into all stages of the management process. 
Second-level permanent controls are handled by two CPR AM teams which are independent of the operating teams.

  • The Risk Control department, with five persons, reports to CPR AM Senior Management and to Amundi’s Chief Risk Officer. Its purpose is to monitor risks incurred in fund management (including approval and compliance with the methodological framework; production, monitoring and approval of indicators; compliance with constraints; and monitoring of the risk policy set by CPR AM), as well as measuring and controlling proprietary activity risks.
  • The Compliance and Internal Controls department focuses on controlling risks of breach in compliance and professional ethics rules, monitoring of the primacy of the client’s interests and compliance with market integrity. It handles three main missions: identifying and preventing risks, conducting the schedule of internal controls, and supervising responses to anomalies and incidents. The department head with regard to the French Financial Markets Authority (AMF) is the Chief Compliance and Internal Controls Officer.

Third-level periodic controls are handled by two entities:

  • Amundi Audit is in charge of assessing the quality of the second-level controls set up by Amundi’s various entities. It ensures that the various entities are dealing properly with audited activities, that they are complying with external and internal rules, that information is reliable and complete, and that risk-measuring systems are in place.
  • Crédit Agricole S.A. Inspection reports directly to Senior Management of Groupe Crédit Agricole. It is Senior Management’s guarantor of the efficiency of the company’s operations, effective control of risks, the proper conduct of its operations and their compliance.

Policies and regulation

CPR Asset Management is certified by the French Financial Markets Authority (AMF) under number GP 01-056

  

MiFID

The European Markets in Financial Instruments Directive (MiFID) entered into force on 1 November 2007.

You will find below the main information on this directive.

  
ENFORCEMENT OF ESMA GUIDELINES

ESMA’s “Guidelines on ETFs and other UCITS issues” was released on 12 December 2012 entered into force on 18 February 2013.
You will find, attached, the policy applicable to UCITS subject to these Orientations in the field of financial guarantees.

  

SHAREHOLDERS RIGHTS DIRECTIVE 2

The European Shareholder Rights Directive 2 requires asset managers to disclose publicly their engagement and voting policy. For several years, CPR Asset Management has choose to share these policies on its website with its investors.

Engagement policy, applied to all of the companies in the Amundi group, including CPR Asset Management, is articulated around three main axes: engagement for influence, ongoing engagement and engagement through voting. It is an essential part of Amundi’s fiduciary duty and its role as responsible investor.

The monitoring of the investee companies is organized as follows, depending on the management platform concerned:

  • For active management strategy: investment cases are discussed and documented by the equity research analysts. Buy rated stocks are followed based on frequent research updates. The investment case is based on the Research team company report, supported by Valuation & Model updates when required. Feedback of meetings with the Company, as other engagement actions by the Research team, are documented diligently
  • For passive management strategy: monitoring is mainly done through the engagement and the voting at general meetings.
  • For Private Equity: for investments in companies not listed on a regulated market, the managers in charge of the participation on behalf of the portfolios, actively monitor the investee companies and usually attend general assemblies. These votes are confidential and therefore cannot be publicly reported.

Information relating to the European Shareholder Rights Directive 2 is presented in the documents below and in the dedicated section "Voting policy".

You may view here:

 

VOTING POLICY

In the area of corporate governance CPR Asset Management has provided itself with a “  Voting Policy  ”.

You may view here:

  

POLICY FOR MANAGING CLAIMS AND COMPLAINTS

You will find a link to our “  Policy for managing claims and complaints  ” document

  

CODE OF CONDUCT

Code of conduct Amundi Group

  

ANTI BRIBERY AND CORRUPTION POLICY STATEMENT 

Anti Bribery and corruption policy statement 

  

REMUNERATION POLICY

Remuneration Amundi Group

SFDR

Sustainable Finance Disclosure Regulation Statement

  

GIPS CERTIFICATION

CPR Asset Management prides itself on having complied with GIPS performance presentation standards since 31 December 2002 for a performance track-record dating back to 1 January 1990. Theses checks have been undertaken by an independent firm and cover the entire company and its composites.

  

COMPLIANCE

  • AFG

As an active member of the French Financial Management Association (AFG) through its participation in various working groups, CPR AM endeavours to comply with various provisions and recommendations of AFG’s code of compliance.

  • EMPLOYEE COMPLIANCE

All compliance requirements are given to all employees. They list their obligations in terms of regulatory knowledge, declaration of their securities accounts and personal transactions, the holding of corporate directorships, and the receiving of gifts and benefits, if any.

  

FINANCIAL SECURITY AND ANTI-MONEY LAUNDERING

CPR AM’s prevention set-up is based on:

  • An anti-money laundering correspondent: the Chief Compliance and Internal Controls Officer;
  • An anti-money-laundering handbook, including laws and rules on third-party asset management applicable to Amundi group;
  • Vetting by the Compliance and Internal Controls department of any contract committing the company;
  • Employee training/awareness initiatives.

CPR Invest - Share Classes

Investors who access this page by using the internet link provided in the prospectus in force have the possibility to find information related to the funds, sub-funds, classes and categories of shares authorized according to the selected country. This information is to be considered together and in addition to the provisions of the aforementioned prospectus.

This page is hosted on the part of the website dedicated to Luxembourg which is the country of establishment of the investment funds presented in the below table. Any investor located in a country other than Luxembourg is invited to consider only the information pertaining to the classes of shares available in he investor's country of residence by selecting that country from the tab at the top right of this page.

Shareholder Notices

Fund concerned Publication date
Info porteurs MAJ ESMA Perf fees_01 07 2022_CPR CASH - LU.pdf 01/07/2022
Info porteurs MAJ ESMA Perf fees_01 07 2022_CPR OBLIG 6 MOIS- LU.pdf 01/07/2022
CPR Invest - Notice - Fermeture classes non investies 08.06.2022(37073274.2) version finale vc.pdf 20/06/2022
Lettre aux porteurs_CPR Focus Inflation - LU.pdf 20/05/2022
Lettre aux porteurs_CPR Croissance Réactive - LU.pdf 20/05/2022
Lettre aux porteurs_CPR Croissance Defensive - LU 20/05/2022
Info porteurs MAJ CACEIS_01 06 2022_LU.pdf 16/05/2022
CBDF Package -Summary of Investors' Rights.pdf 27/04/2022
LAP CPR FOCUS INFLATION US_FRA_LUX.pdf 26/04/2022
Info porteurs_29 04 2022_LU.pdf 25/04/2022
CPR Invest - Notice to Shareholders - Project PR01 2022 - BGR-CZ-DK-FI-GB-HU-IE-LU-NL-NO-PT-RO-SE-SG-SI-SK-UAE.pdf 22/04/2022
CPR Invest - Notice to Shareholders - Project PR01 2022 - FR - LU.pdf 22/04/2022
Info porteurs CPR Oblig 6 Mois_ESMA Perf fees_01 04 2022 .pdf 23/03/2022
CPR Invest - Notice to Shareholders - Performance Fees - CPR INVEST DEFENSIVE - LU FR.pdf 28/02/2022
CPR Invest - Notice to Shareholders - Performance Fees - CPR INVEST DEFENSIVE - LU-FI-CZ-SE-BG en anglais.pdf 28/02/2022
Info Porteurs CPR Croissance Défensive_FR.pdf 11/02/2022
Info Porteurs CPR Focus Inflation US_FR.pdf 11/02/2022
INFO PORTEURS CPR CASH LU_FR.pdf 11/02/2022
INFO PORTEURS CPR CASH DE.pdf 11/02/2022
Info porteurs CPR Oblig 6 Mois.pdf 11/02/2022
Info Porteurs CPR Focus Inflation_FR.pdf 11/02/2022
Info Porteurs CPR Euroland Premium ESG_FR.pdf 11/02/2022
CPR Invest - Notice to Shareholders - PR02 2021 FR-LU 30.12.2021.pdf 30/12/2021
CPR Invest - Notice to Shareholders - PR02 2021 BGR-CZ-DK-FI-GB-HU-IE-LU-NL-NO-PT-RO-SE-SG-SI-SK-UAE 30 12 2021.pdf 30/12/2021
INFO PORTEURS CPR FOCUS INFLATION US LUX_FR.pdf 29/12/2021
INFO PORTEURS CPR FOCUS INFLATION LUX_FR.pdf 29/12/2021
INFO PORTEURS CPR CASH FRA_LUX.pdf 29/12/2021
INFO PORTEURS CPR EUROLAND PREMIUM ESG FR LUX.pdf 28/12/2021
INFO PORTEURS CPR Oblig 6 mois 01 01 2022.pdf 27/12/2021
20211222_info_porteurs_OPC_monetaires_effet_15.12.2021_DE_EN.pdf 22/12/2021
20211210_info_porteurs_OPC_monetaires_effet_15.12.2021_FR_LU.pdf 09/12/2021
LAP CPR Croissance défensive - FR.pdf 24/11/2021
LAP CPR Croissance réactive - FR.pdf 24/11/2021
Info Site CPR Euroland Premium ESG - LU_FR.pdf 27/10/2021
CPR Invest - Notice to Shareholders - PR01 2021- EN-LU.pdf 11/10/2021
CPR Invest - Notice to Shareholders - PR01 2021-FR-LU.pdf 11/10/2021
Info porteurs FOCUS INFLATION - LU.pdf 10/08/2021
CPR Invest - Fermeture du compartiment CPR Global Equity ESG - LUX-EN.pdf 06/07/2021
CPR Invest - Fermeture du compartiment CPR Global Equity ESG - LUX-FR.pdf 06/07/2021
Info Site CPR Invest - Food for Generations - LUX_EN.pdf 02/07/2021
Info Site CPR Invest - Food for Generations - LUX_FR.pdf 02/07/2021
Info Site CPR Invest - Food for Generations - DE_EN.pdf 02/07/2021
LAP_CPR Euroland Premium_DE.pdf 18/06/2021
LAP_CPR Euroland Premium_FR.pdf 18/06/2021
Lettre aux porteurs CPR Oblig 6 mois_FR 010421 01/04/2021
LAP CPR Euroland Premium_Diffusion EF 01 03 2021_LU_FR.pdf 05/03/2021
Infosite CPR FOCUS INLATION US LU 050321.pdf 05/03/2021
Info Site CPR Croissance Defensive LU _FR.pdf 05/03/2021
Info Site CPR Croissance Reactive LU_FR.pdf 05/03/2021
2021 03 10 info site modalités souscriptions-rachats LU_FR 04/03/2021
2021 03 10 info site SFDR OPC FR_LU_FR.pdf 03/03/2021
2021 03 10 info site QA ESMA - LU-FR .pdf 03/03/2021
2021 03 10 info site cat 1 AMF ESG-LU_FR.pdf 03/03/2021
LAP OPC FR BtB Diffusion EF 04 03 2021_LU_FR.pdf 01/03/2021
Info Site CPR Invest - OPC PEA LUX 26.02.2021 - LU-BG-DK-HU-NL-NO-PT-SK-SL-RO-SG-SE-IE-UK 22/02/2021
CPR Invest - Depôt 3 2020 - Notice to Shareholders clean - 03.02.2021- EN.pdf 10/02/2021
CPR Invest - - erratum - UK-IE-CZ-DK-FI-NL-NO-PT-SE-HU-SGP-BG-RO-SK-SL-LU.pdf 10/02/2021
INFO PORTEURS CPR Croissance Réactive FR 01/02/2021
INFO PORTEURS CPR Croissance Défensive FR 01/02/2021
Lettre aux porteurs CPR CASH_FR_EF 23 12 2020 24/12/2020
Luxembourg_FR_CPR Invest Silver Age - Notice to Shareholders ESMA 18 12 2020.pdf 10/12/2020
GENERAL_EN_CPR Invest Silver Age - Notice 18 12 2020.pdf 10/12/2020
GENERAL_EN_ CPR Invest_ ESMA Notice 18 12 2020.pdf 10/12/2020
Info Site CPR Invest - Global Resources(eng-GB).pdf 23/11/2020
Info Site CPR Invest - Global Lifestyles(eng-GB).pdf 23/11/2020
Info Site CPR Invest - Global Gold Mines Octobre 2020(eng-GB).pdf 23/11/2020
Info Site CPR Euroland Premium FR-LUX.pdf 15/10/2020
Info Site CPR Invest - Smart Beta Credit ESG 24 09 2020 - FR.pdf 12/10/2020
Info Site CPR Invest - Silver Age 24 09 2020 FR.pdf 12/10/2020
Info Site CPR Invest - Megatrends 24 09 2020 FR.pdf 12/10/2020
Info Site CPR Invest - Global Silver Age 24 09 2020 FR.pdf 12/10/2020
Info Site CPR Invest - Future Cities 24 09 2020 - Fr bis.pdf 12/10/2020
Info Site CPR Invest - Food For Generations 24 09 2020 - FR bis.pdf 12/10/2020
Info Site CPR Invest - Education 24 09 2020 - FR bis.pdf 12/10/2020
Info Site CPR Invest - Climate Action 24 09 2020 - FR.pdf 12/10/2020
Info Site CPR Invest - Climate Action 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Global Silver Age 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Food For Generations 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Education 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Megatrends 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Smart Beta Credit ESG 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Silver Age 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Invest - Future Cities 24 09 2020(eng-GB) 28/09/2020
Info Site CPR Focus Inflation US - EN pour LUX PB UK IT 20/08/2020
Info Site CPR Focus Inflation France et Lux 11/08/2020
AVIS CORRECTIF CPR Invest - Global Disruptive Opportunities – U EUR – Acc 06 07 2020 06/07/2020
2020 07 01 info site BMR QA ESMA OPCVM - LUX 26/06/2020
CPR Invest - Batch 2 2020 - Notice website decrease man fee - 25 06 2020 25/06/2020
Info Actionnaires CPR Cash_FR_01 07 2020 22/06/2020
CPR invest - Notice to Shareholders - LU 18/05/2020
CPR Invest Reactive classe d’action A-Eur -QD - RC -MONTANT DISTRIBUTION 1er trimestre 2020 04/05/2020
CPR Invest Reactive A Qd fixation de l'objectif de distribution 2020 24/04/2020
info site q and a esma 22 04 2020 eng_LU 17/04/2020
info site q&a esma 22 04 2020 FR-LU 17/04/2020
IS_CPR-EUROLAND-PREMIUM_201912_GB 11/02/2020
IS_CPR-EUROLAND-PREMIUM_201912_Francais 11/02/2020
27.12.2019 – CPR FOCUS INFLATION - Decision 29/01/2020
CPR Invest - Depôt 2 2019 - Notice to Shareholders - 24.10.2019 31/10/2019
15 10 2019_ INFO PORTEUR TCN_FR 14/10/2019
15 10 2019_ INFO PORTEUR fatca LU 10/10/2019