Tocqueville Europe Strategic Tech SRI: investment in Europe’s technological sovereignty

Paris, 22.05.2025 | Channelling savings towards companies that are building Europe’s technological and industrial foundations is essential for the continent’s economic independence, innovation and stability. Against this backdrop, La Financière de l’Échiquier (LFDE) is announcing a change to its European Technology fund, which has been renamed Tocqueville Europe Strategic Tech SRI.[1] Alongside the change in name, the fund’s strategy has been expanded to include European technological sovereignty, with a particular focus on defence technology.

This equity strategy is based on an investment process focused on generating ideas to identify tomorrow’s technology leaders. Within an investment universe of nearly 500 stocks, Tocqueville Europe Strategic Tech SRI focuses on 35 to 50 stocks that contribute to strengthening European sovereignty. This diversified portfolio invests primarily in sectors of the digital economy and those whose growth is fuelled by major technological advances. It is built on five thematic pillars:

  • Tech companies │including cloud infrastructure and semiconductors, whose global market is projected to reach $1.2 trillion in 2029.[2]
  • Consumer tech │including communication networks, personal equipment and e-commerce.
  • Defence tech │including military equipment, cybersecurity, a pillar of European strategic autonomy, and space defence, i.e. a sector estimated at $250 billion in 2035.[3]
  • Health tech │including surgical robots, patient monitoring devices, and medical instruments and equipment.
  • Green tech │including energy efficiency, transport and energy storage.

Tocqueville Europe Strategic Tech SRI is one of the five strategies of LFDE’s technology division, which has €1.5 billion in assets under management.[4]

This fund is eligible for PEA equity savings accounts and is capable of adapting to different market cycles. It also holds the French government’s SRI label.

Olivier de Berranger, Chief Executive Officer of La Financière de l’Échiquier (LFDE), said: “Innovation is key for LFDE. By channelling capital towards companies that are building the technological and industrial foundations of European sovereignty, we seek to contribute to this critical challenge.”

Michel Saugné, CIO of La Financière de l’Échiquier, said: “At a time when European sovereignty – in terms of energy, industry, technology and security – is becoming a strategic necessity, it is essential to mobilise a financial ecosystem. As a corporate investor for nearly 35 years, LFDE continues to respond to the major challenges of our time with Tocqueville Europe Strategic Tech SRI, which aims to support strategic innovation and European sovereignty.”

Disclaimer. The fund is primarily exposed to the risk of capital loss, equity risk, risk of not achieving the management objective, currency risk and sustainability risk. Information given about the investment process does not equal a commitment by the management company and is not included in the fund’s regulatory documentation. The decision to invest in this fund should not be based exclusively on its non-financial approach and should take all of the fund’s other features, as described in its prospectus, into account. The management team is subject to change. Before subscribing and for further information on the characteristics, risks and fees of the fund, please read the regulatory documents available at www.lfde.com.
[1] 20.05.2025 – Tocqueville Technology ISR becomes Tocqueville Europe Strategic Tech SRI
[2] Quartr, 2023
[3] World Economic Forum, 2024
[4] As of 31.03.2025