FUNDS SPONSORED BY DANONE danone.communities
The danone.communities mutual fund (Société d’Investissement à Capital Variable - SICAV) and the danone.communities professional specialized investment fund (Fonds Professionnel Spécialisé – FPS, formerly the Fonds Commun de Placements à Risques - FCPR) were created in 2007 on Danone’s initiative.The aim of the danone.communities FPS is to invest in businesses with significant social impact located mainly in the emerging countries, in accordance with Danone’s mission.The SICAV’s investment strategy consists of investing a minimum of 90% of its assets in a selection of shares or units of mutual funds or investment funds invested in money market investments, government bonds and bonds of companies in the euro zone favoring a “Socially Responsible Investment” (SRI) approach, and a maximum of 10% of its assets in the danone.communities FPS.As of December 31, 2014, the danone.communities SICAV had assets under management totaling around €77 million.