Best Ideas

Navigating through changing times

Lighthouse in surf

The Best Ideas list includes our best-of-class strategies across asset classes. This list is updated twice a year to reflect our high-convictions investment views and market trends.

In order to be selected, these top topics are regularly analysed from both a quantitative and qualitative perspective.

Bonds’ appeal amid peaking rates

Amundi Funds Global Aggregate Bond
Amundi Funds Global Aggregate Bond
Seeking to tap value wherever it exists
Amundi Funds Pioneer US Bond
Amundi Funds US Bond
Opportunistic core fixed income
Amundi Funds Global Corporate Bond
Amundi Funds Global Corporate Bond
Seeking opportunities in global credit
Fund icon for Amundi Euro Liquidity Short Term SRI
Amundi Euro Liquidity Short Term SRI
Aiming to provide liquidity & security to your daily cash
Fund icon for Amundi Euro Liquidity Short Term SRI
Amundi Euro Liquidity-Rated SRI
'A' rated money market fund
Fund icon for Amundi Enhanced Ultra Short Term Bond SRI
Amundi Enhanced Ultra Short Term Bond SRI
Step out of cash - put your money to work
Fund icon for Amundi Funds Cash Euro
Amundi Funds Cash EUR
Seeking an efficient vehicle to manage surplus cash in EUR
A patchwork of various Amundi funds.
Amundi Ultra Short Term Bond SRI
An active investment solution to optimise stable cash surpluses
Fund icon for Amundi Funds Ultra Short Term Green Bond
Amundi Ultra Short Term Green Bond
Liquidity Investments can help finance the environmental transition
Amundi Montpensier Global Convertible Bond
Amundi Funds Montpensier Global Convertible Bond
Convertible bonds: returning to positive yields and potentially attractive profiles
A patchwork of various Amundi funds.
Amundi Funds US Corporate Bond
Top-down investment process, integrating the research, trading, and sector analysis functions

Seek resilience in equities

Amundi Funds Global Equity
Amundi Funds Global Equity
Global insights driven by fundamental stock selection
Fund icon for Amundi Funds Global Equity Income ESG
Amundi Funds Global Equity Income ESG
Seeking income today for a sustainable tomorrow
Amundi Funds European Equity Value
Amundi Funds European Equity Value
Seeking quality in value investing
Amundi Funds Euroland Equity
Amundi Funds Euroland Equity
Targeting alpha from both core and opportunistic holdings
Fund icon for Amundi Funds US Equity Fundamental Growth
Amundi Funds US Equity Fundamental Growth
Growing capital while seeking to protect against losses
Amundi Funds Polen Capital Global Growth
Amundi Funds Polen Capital Global Growth
25-35 high quality global growth businesses
CPR Invest - Global Disruptive Opportunities
CPR Invest - Global Disruptive Opportunities
Invest today in tomorrow's world
A patchwork of various Amundi funds.
Amundi Funds European Equity Small Cap
Seeking long-term winners

EM winners in a fragmented world

Amundi Funds Emerging Markets Bond
Amundi Funds Emerging Markets Bond
The freedom to perform
Amundi Funds Emerging Markets Equity Focus
Amundi Funds Emerging Markets Equity Focus
Targeting long-term capital growth
Amundi Funds SBI FM India Equity
Amundi Funds SBI FM India Equity
Seeking diversified opportunities in India
A patchwork of various Amundi funds.
Amundi Marathon Emerging Markets Bond Fund
Long-only, actively managed EM hard currency debt strategy combining beta replication with alpha generation
Amundi S.F. - SBI FM India Bond
Amundi S.F. - SBI FM India Bond
Seeking access to local growth and yield

Energy transition and structural themes

immagine PIR header con sfondo celeste
Amundi Funds Emerging Markets Equity ESG Improvers
The road to responsible alpha
Amundi Funds Emerging Markets Equity ESG Improvers
Amundi Funds Impact Green Bonds
Making financing energy transition a reality
Amundi Funds Net Zero Ambition Top European Players
Amundi Funds Net Zero Ambition Top European Players
Seeking to deliver alpha and CO2 reduction
CPR Invest – Climate Action
CPR Invest - Climate Action
Invest for your future, act for the planet
KBI Global Energy Transition Fund
KBI Global Energy Transition Fund
Global clean energy equities delivering alpha with ESG and impact at the core
KBI Global Sustainable Infrastructure Fund
KBI Global Sustainable Infrastructure Fund
Offering new sources of alpha in the infrastructure asset class
KBI Water Fund
KBI Water Fund
Global water equities delivering alpha with ESG and impact at the core

Dynamic asset allocation when tides are turning

Amundi Ambition Agri-Agro Direct Lending Europe
Amundi Ambition Agri-Agro Direct Lending Europe
Amundi Funds Global Multi-Asset Conservative
Amundi Funds Global Multi-Asset Conservative
Managing fixed income risks through a flexible multi-asset approach
Amundi Funds Income Opportunities
Amundi Funds Income Opportunities
From benchmark investing to an outcome-oriented solution
Amundi Funds Multi-Asset Sustainable Future
Amundi Funds Multi-Asset Sustainable Future
Investing today for a better tomorrow
A patchwork of various Amundi funds.
Amundi Tiedemann Arbitrage Strategy Fund
Generate alpha through specialisation in complex merger deals
First Eagle Amundi Sustainable Value Fund
First Eagle Amundi Sustainable Value Fund
Making more by losing less
A patchwork of various Amundi funds.
Indosuez Funds - Evergreen Private Equity Fund
Discover Amundi Convictions
powered by Amundi Investment Institute

Source of investment views and convictions: Amundi Investment Institute, “2024 Investment Outlook – Steering through turning tides”, “Global Investment Views – January 2024”.

Marketing Communication - For Professional Clients Only

This material is provided to Professional Clients, including financial intermediaries, and is not intended for and should not be provided to the public.

This is a marketing communication. Please refer to the prospectus / information document and to the KID/KIID before making any final investment decisions

This document contains information about investment services provided by Amundi group companies or undertakings for collective investment in transferable securities or open-ended umbrella Irish collective asset- management vehicles (the “Funds”) established under the laws of Luxembourg and authorised for public distribution by the Commission de Surveillance du Secteur Financier or the laws of Ireland and authorized for public distribution by the Central Bank of Ireland. The management company of:
• Amundi Funds, Amundi Fund Solutions, First Eagle Amundi and Amundi Index Solutions is Amundi Luxembourg S.A., 5, allée Scheffer, L-2520 Luxembourg;
• CPR Invest is CPR Asset Management, 91-93 Boulevard Pasteur, 75015 Paris, France;
• KBI Funds ICAV and Amundi Fund Solutions ICAV is Amundi Ireland Limited, 1 George’s Quay Plaza, George’s Quay, Dublin 2, Ireland.

This material is for information purposes only, is not a recommendation, financial analysis or advice, and does not constitute a solicitation, invitation or offer to purchase or sell any the Funds or services described herein in any jurisdiction where such offer, solicitation or invitation would be unlawful.

This material has not been submitted for regulatory approval and is solely for issue in permitted jurisdictions and to persons who may receive it without breaching applicable legal or regulatory requirements. The information contained in this document is confidential and shall not, without prior written approval of Amundi Ireland Limited (“Amundi”), be copied, reproduced, modified, or distributed, to any third person or entity in any country.

The Funds described in this document may not be available to all investors and may not be registered for public distribution with the relevant authorities in all countries.

Please note that the management company may decide to terminate the arrangements made for the marketing of its collective investment undertakings in a Member State of the EU in respect of which it has made a notification.
A summary of information about investors’ rights and collective redress mechanisms can be found in English on the regulatory page at https://about.amundi.com/Metanav-Footer/Footer/Quick-Links/Legal-documentation.

Investment involves risk. Investment return and the principal value of an investment in the Funds or other investment product may go up or down and may result in the loss of the amount originally invested. The decision of an investor to invest in the Funds should take into account all the characteristics or objectives of the Funds. Past performance does not predict future results. Investment return and the principal value of an investment in the Funds or other investment product may go up or down and may result in the loss of the amount originally invested. All investors should seek professional advice prior to any investment decision, in order to determine the risks associated with the investment and its suitability. It is the responsibility of investors to read the legal documents in force in particular the current prospectus for each Fund. Subscriptions in the Funds will only be accepted on the basis of their latest prospectus in English or in local language in EU countries of registration, and/or the Key Investor Information Document / Key Information Document (“KIID”/ “KID” available in local language in EU countries of registration) which, together with the latest annual and semi-annual reports may be obtained, free of charge, at the registered office of Amundi Luxembourg S.A. or at www.amundi.lu. In Italy, this documentation is available at www.amundi.it. In Ireland, this documentation is available at www.amundi.ie or, for KBI Funds ICAV, at www.kbiglobalinvestors.com. Information relating to costs and charges of the Funds may be obtained from the KIID/KID.

The performance data do not take account of the commissions and costs incurred on the issue and redemption of units/shares of the Funds.

Information on sustainability-related aspects can be found at https://about.amundi.com/Metanav-Footer/Footer/Quick-Links/Legal-documentation.

In EEA Member States, the content of this document is approved by Amundi for use with Professional Clients (as defined in EU Directive 2004/39/EC) only and shall not be distributed to the public. Amundi Ireland Limited is authorised and regulated by the Central Bank of Ireland. KBI Global Investors Ltd is regulated by the Central Bank of Ireland and deemed authorised and regulated by the Financial Conduct Authority. The nature and extent of consumer protections may differ from those for firms based in the UK. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Société Générale, Dublin Branch 3rd Floor, IFSC House, IFS, Dublin 1 is the facilities agent for those sub-funds of Amundi Funds, First Eagle Amundi registered in Ireland.

In the United Kingdom (the “UK”), this marketing communication is being issued by Amundi (UK) Limited (“Amundi UK”), 77 Coleman Street, London, EC2R 5BJ, UK. Amundi UK is authorised and regulated by the Financial Conduct Authority (“FCA”) and entered on the FCA’s Financial Services Register under number 114503. This may be checked at https://register.fca.org.uk/ and further information of its authorisation is available on request. This marketing communication is approved by Amundi UK for use with Professional Clients (as defined in the FCA’s Handbook of Rules and Guidance (the “FCA Handbook”) and shall not be distributed to the public. Past performance is not a guarantee or indication of future results. Amundi Funds SICAV, First Eagle Amundi SICAV, Amundi Index Solutions, CPR Invest SICAV, KBI Funds ICAV and Amundi Fund Solutions ICAV are recognised schemes under the FCA’s Temporary Marketing Permission Regime . Where a fund is an unregulated collective investment scheme under the Financial Services and Markets Act 2000 (the “FSMA”), this marketing communication is addressed only to those persons in the UK who qualify as non-retail clients (Professional Clients or Eligible Counterparties) as set out in the FCA’s Handbook, Conduct of Business Sourcebook 4.12B - “Promotion of non-mass market investments”, as amended from time to time, and thereby fall with an exemption from the restrictions in Section 238 FSMA. This marketing communication must not be relied on or acted upon by any other persons for any purposes whatsoever.
Potential investors in the UK should be aware that none of the protections afforded by the UK regulatory system will apply to an investment in a Fund and that compensation will not be available under the UK Financial Services Compensation Scheme.

In Switzerland, this document is for Qualified Investors (as defined in Swiss Collective Investment Schemes Act of 23 June 2006 as amended or supplemented) use only and shall not be offered to the public. The Representative and Paying Agent for Funds registered for public offering in Switzerland are, in respect of Amundi Funds, First Eagle Amundi and Amundi Index Solutions: Representative - CACEIS (Switzerland) SA and Paying Agent - CACEIS Bank, Nyon Branch both at 35 Route de Signy, Case postale 2259, CH-1260 Nyon; KBI Funds ICAV: Representative – ACOLIN Fund Services AG, Affolternstrasse 56, CH-8050 Zurich and Paying Agent – NPB Neue Privat Bank AG, Limmatquai 1, CH-8001 Zurich. Free copies of the prospectus, key investor information documents, annual and semi-annual reports, management regulations and other information are available at the representative’s address shown above.

In France, a free prospectus is available from Amundi Asset Management, 91-93 boulevard Pasteur -75015 Paris - France - 437 574 452 RCS Paris France or from the centralisateur of the Funds which in the case of Amundi Funds, Amundi Index Solutions and CPR Invest SICAV is CACEIS Bank SA, 1-3 place Valhubert, 75013 Paris and in the case of First Eagle Amundi SICAV is Société Générale, 29 Boulevard Haussmann, 75008 Paris.

In Germany, for additional information on the Fund, a free prospectus may be requested from Amundi Deutschland GmbH, Arnulfstr. 124-126 80636 Munich, Germany (Tel. +49.89.99.226.0). The information and paying agent for Amundi Fund Solutions ICAV is Marcard Stein & CO AG, Ballindamm 36, 20095 Hambourg, Germany.

In Austria the paying agents for Funds registered for public distribution are, in respect of Amundi Fund Solutions: UniCredit Bank Austria AG, Rothschildplatz 1, A-1020 Vienna; Amundi Funds, Amundi Index Solutions and First Eagle Amundi: Société Générale, Vienna Branch, Prinz Eugen Strasse 8 - 10/5/Top 11, A-1040 Vienna; CPR Invest: Raiffeisen Bank International AG, Am Stadtpark 9, A-1030 Wien; and KBI Funds ICAV: Erste Bank der oesterreichischen Sparkassen AG, Am Belvedere 1, A-1100 Vienna.

In Spain, the Funds are foreign undertakings for collective investment registered with the CNMV and numbered Amundi S.F. (493); Amundi Fund Solutions (1333); Amundi Fund Solutions ICAV (1969); Amundi Funds (61) First Eagle Amundi (111); Amundi Index Solutions (1495); CPR Invest (1564) and KBI Funds ICAV (1248). Any investment in the Funds or their respective sub-funds must be made through a registered Spanish distributor. Amundi Iberia SGIIC, SAU, is the main distributor of the Funds in Spain, registered with number 31 in the CNMV's SGIIC registry, with address at Pº de la Castellana 1, Madrid 28046. A list of all Spanish distributors may be obtained from the CNMV at www.cnmv.es. Units/shares may only be acquired on the basis of the most recent prospectus, key investor information document and further current documentation, which may be obtained from the CNMV.

In Chile and Peru, this document is approved for use by Administradora de Fondos de Pensiones/Pension Fund Administrators and other institutional investors.

In Mexico, this document is approved for use with institutional investors. It may not be distributed to third parties or to the public.

In Singapore, this document is provided solely for the internal use of distributors and financial advisors and is not to be distributed to the retail public in Singapore. Investors should read the Singapore information memorandum of the Funds before deciding to invest in the Funds. Distribution occurs through Amundi Singapore Limited, 80 Raffles Place, UOB Plaza 1, #23-01, Singapore 048624 and/or the Funds’ authorised distributors. Amundi Singapore Limited is regulated by the Monetary Authority of Singapore (“MAS”). Certain sub-funds of the Funds are notified as restricted schemes under Section 305 of the Securities and Futures Act 2001 of Singapore (“SFA”) and the Sixth Schedule to the Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations 2005 (“Restricted Schemes”). This document shall be construed as part of the Singapore information memorandum of the Restricted Schemes (the "Singapore IM"), which shall be deemed to include and incorporate the prospectus of the Restricted Schemes, any supplement to the prospectus relating to the Restricted Schemes, this document and any other document, correspondence, communication or material sent or provided to eligible participants in relation to the Restricted Schemes from time to time. Accordingly, this document must not be relied upon or construed on its own without reference to and as part of the Singapore IM. Investors should read the relevant Singapore IM before deciding to invest in the Restricted Schemes. The units/shares offered under the Restricted Schemes as set out in the relevant Singapore IM are not authorised or recognised by the MAS and are not allowed to be offered to the retail public. Accordingly, this document and the material contained within, may not be circulated or distributed, nor may the relevant units/shares be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 304 of the SFA, (ii) to a relevant person pursuant to Section 305(1), or any person pursuant to Section 305(2), and in accordance with the conditions specified in Section 305 of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA. By accepting receipt of this document and any other document or material issued in connection with the offer or sale of the shares/units, a person (within the meaning of Singapore law) in Singapore represents or warrants that person is entitled to receive such document in accordance with the restrictions set forth above and agrees to be bound by the limitations contained herein. Distribution/dividends (if applicable) are not guaranteed unless otherwise stated in the dividend policy for the relevant share class/class contained in the relevant Singapore IM. This document and the Singapore IM is not a prospectus as defined in the SFA and, accordingly, statutory liability under the SFA in relation to the content of prospectuses does not apply, and the offeree/an investor should consider carefully whether the investment is suitable for him. The MAS assumes no responsibility for the contents of this document. This document has not been reviewed by the MAS.

This information is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or services in the United States or in any of its territories or possessions subject to its jurisdiction to or for the benefit of any U.S. Person (as defined in the prospectus of the Funds). The Funds have not been registered in the United States under the Investment Company Act of 1940 and units/shares of the Funds are not registered in the United States under the Securities Act of 1933.

This document is not intended for and no reliance can be placed on this document by persons falling outside of these categories in the above-mentioned jurisdictions. In jurisdictions other than those specified above, this document is for the sole use of the professional clients and intermediaries to whom it is addressed. It is not to be distributed to the public or to other third parties and the use of the information provided by anyone other than the addressee is not authorised.

This material is based on sources that Amundi considers to be reliable at the time of publication. Data, opinions and analysis may be changed without notice. Amundi accepts no liability whatsoever, whether direct or indirect, that may arise from the use of information contained in this material. Amundi can in no way be held responsible for any decision or investment made on the basis of information contained in this material

Date of publication: 5 February 2024
Doc ID: #3369071

© 2024 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein: (1) include the proprietary information of Morningstar; (2) may not be copied or redistributed; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates. Morningstar is not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and do not make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.

Lipper is not responsible for the accuracy, reliability or completeness of the information that you obtain. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. ©Thomson Reuters 2024. All rights reserved.

The Funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Funds or securities or any index on which such Funds or securities are based. The offering documents of the Funds contain a more detailed description of the limited relationship MSCI has with Amundi and any relevant Funds.