Echiquier Positive Impact Europe I
Echiquier Positive Impact Europe is an SRI-labelled SICAV invested in European companies whose activity provides solutions to sustainable development objectives
Class I - FR0013286911 - NAV : 1 506,68€
As of 10/11/2025
Fund news
Update on... Echiquier Positive Impact Europe | July 2024
Market news - Echiquier Positive Impact Europe
Fund Managers
Fund Manager
A graduate of EDHEC business school, Adrien Bommelaer began his career in 1997 at Credit Suisse in London as a sell-side analyst. In 2005, he took over responsibility for analyzing the hardware and semiconductor sector. He then joined Alliance Trust Investments in 2012 as Investment Manager in the global funds management team, before joining the SRI team and becoming co-manager of the global funds in 2016. Adrien was appointed partner at Lion Trust asset management when ATI was acquired by it, before joining La Financière de l'Echiquier at the end of 2017 as European equity fund manager. In 2020, he took over responsibility for the European large cap SRI growth equity team, and in 2024, the year Tocqueville Finance and LFDE merged, became co-head of the Growth team as well as LFDE's Impact and Environment team.
Fund Manager
With a Master's degree in Finance from Paris 1 Panthéon Sorbonne and 20 years' experience, Paul Merle, CIIA, started in 2001 at Banque CPR as Results Controller, before joining Federis Gestion d'Actifs in 2003, where he became Head of SRI Analysis in 2010. In 2016, Paul Merle joined LBPAM as SRI manager-analyst and in January 2019 became sustainable thematic equity manager. In 2020, he joined La Financière de l'Echiquier as European large cap SRI growth equity manager. Since 2024, when Tocqueville Finance and LFDE merged, he has been part of LFDE's Growth team as well as its Impact and Environment team.
Fund manager
A graduate in Finance from EDHEC in 2017, LLuc completed several internships as an SRI analyst at EthiFinance as well as La Financière de l'Échiquier and then joined Exane in London as a financial analyst. In August 2017, Luc joined the management team at La Financière de l'Échiquier as a financial and SRI analyst. In 2020, he became an impact fund manager. Since 2024, the year Tocqueville Finance and LFDE merged, he has been part of LFDE's Impact and Environment team.
Performance
Price dataCalendar performance (%)
Past performance is not an indication of future performance. Returns indicated are after management fees but before taxes paid by the investor.
Calendar performance (%)
| 2025 | |
| Echiquier Positive Impact Europe I | -1,51 |
| Benchmark | +17,93 |
| 2024 | |
| Echiquier Positive Impact Europe I | +7,07 |
| Benchmark | +8,59 |
| 2023 | |
| Echiquier Positive Impact Europe I | +17,79 |
| Benchmark | +15,83 |
| 2022 | |
| Echiquier Positive Impact Europe I | -22,18 |
| Benchmark | -9,49 |
| 2021 | |
| Echiquier Positive Impact Europe I | +17,32 |
| Benchmark | +25,13 |
| 2020 | |
| Echiquier Positive Impact Europe I | +17,08 |
| Benchmark | -3,32 |
| 2019 | |
| Echiquier Positive Impact Europe I | +33,95 |
| Benchmark | +26,05 |
| 2018 | |
| Echiquier Positive Impact Europe I | -12,85 |
| Benchmark | -10,57 |
Cumulative performance (%)
| 3 months | |
| Echiquier Positive Impact Europe I | -0,71 |
| Benchmark | +7,42 |
| 2025 | |
| Echiquier Positive Impact Europe I | -1,51 |
| Benchmark | +17,93 |
| 1 year | |
| Echiquier Positive Impact Europe I | -0,77 |
| Benchmark | +19,41 |
| 3 years | |
| Echiquier Positive Impact Europe I | +18,33 |
| Benchmark | +46,09 |
| 5 years | |
| Echiquier Positive Impact Europe I | +16,44 |
| Benchmark | +72,48 |
| 10 years | |
| Echiquier Positive Impact Europe I | - |
| Benchmark | - |
| Inception | |
| Echiquier Positive Impact Europe I | +52,63 |
| Benchmark | +80,90 |
Annualised performance (%)
| 1 year | |
| Echiquier Positive Impact Europe I | -0,77 |
| Benchmark | +19,41 |
| 3 years | |
| Echiquier Positive Impact Europe I | +5,76 |
| Benchmark | +13,46 |
| 5 years | |
| Echiquier Positive Impact Europe I | +3,09 |
| Benchmark | +11,51 |
| 10 years | |
| Echiquier Positive Impact Europe I | - |
| Benchmark | - |
| Inception | |
| Echiquier Positive Impact Europe I | +5,41 |
| Benchmark | +7,67 |
Risk indicators (%)
| 1 year | |
| Fund volatility | 13,86 |
| Index volatility | 13,73 |
| Sharpe ratio | -0,17 |
| Information ratio | -3,13 |
| Beta | 0,92 |
| Tracking Error | 5,72 |
| 3 years | |
| Fund volatility | 13,70 |
| Index volatility | 12,64 |
| Sharpe ratio | 0,44 |
| Information ratio | -1,16 |
| Beta | 0,97 |
| Tracking Error | 6,08 |
| 5 years | |
| Fund volatility | 15,37 |
| Index volatility | 13,26 |
| Sharpe ratio | 0,27 |
| Information ratio | -1,16 |
| Beta | 1,04 |
| Tracking Error | 6,86 |
Characteristics
| General characteristics of the fund | |
| Fund Inception | 19/03/2010 |
| Investment management company | La Financière de l'Echiquier |
| Legal form | Sicav (sub-fund) |
| Classification | Number of investment funds managed |
| Reference indicator | MSCI EUROPE NR |
| Investment horizon | 5 years |
| Periodicity and Listing currency | Daily (EUR) |
| Custodian | BNP Paribas SA |
| Fund Administrator | Société Générale |
| SFDR classification | Article 9 |
| Share class characteristics | |
| Fund Inception | 07/11/2017 |
| ISIN Code | FR0013286911 |
| SRI PRIIPS | 4/7 |
| Minimum subscription amount | 1 000 000 € |
| Investor profile | Reserved for institutional investors |
| Tax included Including tax | 1,00% |
| Subscription fee max. tax incl. not retained by the fund | 3,00% |
| Redemption fee max. tax incl. not retained by the fund | 0,00% |
| Management fees and other administrative and operating expenses (based on the fund’s last fiscal year) |
1,01% |
| Transaction costs (based on the average of the fund’s last 3 fiscal years) |
0,29% |
The information provided above is not contractual and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Management fees are included in performances. The value of the investment may change in line with market fluctuations and investors may lose some or all of their initial investment, as the investment funds carry no capital guarantee. Access to the products and services presented herein may be subject to restrictions for certain people or countries. Taxation depends on each investor’s personal situation. The risks, charges and recommended investment period of the investment funds presented are described in the KIIDs (key investment information documents) and prospectuses available on this website. The KIID must be provided to potential investors prior to subscription.