International equities — flagship fund
Constance Be World
Active exposure to international equities excluding emerging markets, managed on a discretionary, non-index-tracking basis.
Latest NAV
111,335.20 EUR
As of 8 October 2026
Share class shown
Constance Be World I
Risk profile
4 / 7
Direct access
Objective
The fund seeks to outperform the average performance of international equity markets excluding emerging markets over the recommended holding period.
The fund is actively managed on a discretionary, non-index-tracking basis. It is classified as an international equity fund.
Investment universe
To pursue its investment objective, the fund is at least 90% exposed to international equities listed on regulated markets, across all market capitalisations and without predetermined sector allocation.
Investment philosophy
A selection of listed companies focused on value creation, with due regard to liquidity, in keeping with Constance Associés’ single investment process.
Key characteristics
- Legal form
- French FCP (common fund)
- Classification
- International equities
- SFDR
- Article 8
- Depositary
- CIC
- Fund manager
- Virginie Robert
- Share-class currency
- EUR
Holding period: More than 10 years (recommended).
SRI: 4 on the public fund page (scale from 1 to 7).
Fund management: Virginie Robert
Inception date: 8 February 2013
Reference indicator: None
Share classes
| Share class | ISIN | Currency | Eligible investors | Minimum subscription |
|---|---|---|---|---|
| Share class A / EUR | FR0011400712 | EUR | All investors | According to the prospectus and PRIIPs KID |
| Share class I / EUR | FR0011400738 | EUR | All investors, particularly institutional investors | According to the prospectus and PRIIPs KID |
Availability
- France: all types of investors.
- Luxembourg: all types of investors.
- Switzerland: qualified investors within the meaning of the CISA only.
SFDR
SFDR category: Article 8.
Sustainability-related disclosures are available in the document library.
Awards
- Quantalys Award Actions Internationales (2022)
- Quantalys Award Actions Internationales (2026)
- Prix de Performance Gestion Collective Actions Internationales — Pyramides de la Gestion de Patrimoine (2026)
- Actif d’Or de la performance (2015)
Performance
Constance Be World I
Currency EUR · net performance · as of 2026-10-08
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.12 % | +1.23 % | -6.05 % | +3.41 % | +5.59 % | -1.35 % | +2.19 % | +2.02 % | -0.95 % | +1.42 % | — | — | +8.48 % |
| 2025 | +5.75 % | -0.32 % | -8.25 % | -0.49 % | +10.27 % | +1.33 % | +3.33 % | -0.88 % | +5.29 % | +3.26 % | -4.01 % | -1.63 % | +13.90 % |
| 2024 | +4.03 % | +5.89 % | +1.30 % | -4.29 % | +2.32 % | +3.03 % | -2.30 % | +0.95 % | +1.46 % | +1.17 % | +8.90 % | +1.57 % | +26.07 % |
| 2023 | +9.72 % | -0.18 % | +4.17 % | 0.00 % | +2.72 % | +4.44 % | +1.17 % | -2.49 % | -3.42 % | -0.06 % | +7.30 % | +3.08 % | +28.88 % |
| 2022 | -9.02 % | -2.75 % | +1.01 % | -5.80 % | -5.63 % | -4.29 % | +11.76 % | -2.48 % | -6.79 % | +5.17 % | +1.38 % | -8.77 % | -24.86 % |
| 2021 | -1.04 % | +2.53 % | +2.75 % | +3.26 % | -0.30 % | +5.86 % | +0.89 % | +2.86 % | -2.42 % | +5.40 % | -1.37 % | -0.17 % | +19.40 % |
| 2020 | +3.97 % | -6.99 % | -11.24 % | +15.00 % | +6.93 % | +5.27 % | +2.19 % | +9.06 % | -1.80 % | -2.26 % | +10.51 % | +3.67 % | +36.16 % |
| 2019 | +9.68 % | +4.99 % | +4.31 % | +6.64 % | -6.76 % | +5.83 % | +5.22 % | -1.86 % | +0.61 % | -0.40 % | +5.96 % | +0.77 % | +39.64 % |
| 2018 | +5.16 % | -0.47 % | -2.57 % | +3.57 % | +6.12 % | +1.57 % | +2.98 % | +3.17 % | +0.47 % | -10.97 % | +1.22 % | -8.30 % | +1.52 % |
| 2017 | +2.79 % | +1.85 % | +0.58 % | +0.62 % | +1.41 % | -1.93 % | +0.75 % | -0.74 % | +3.12 % | +3.57 % | +0.92 % | -1.42 % | +11.95 % |
| 2016 | -5.27 % | -1.44 % | +1.15 % | -0.36 % | +3.46 % | -0.55 % | +4.76 % | -0.56 % | +0.12 % | -0.21 % | +2.62 % | +1.29 % | +4.74 % |
| 2015 | +6.54 % | +7.56 % | +4.49 % | +3.39 % | -0.16 % | -2.77 % | +5.21 % | -5.29 % | -1.53 % | +3.84 % | +5.49 % | -4.94 % | +22.77 % |
| 2014 | +0.72 % | +5.25 % | -3.56 % | -3.30 % | +4.98 % | +0.75 % | +0.39 % | +3.62 % | +1.53 % | +1.27 % | +5.61 % | +0.60 % | +18.83 % |
| 2013 | — | +0.41 % | +2.63 % | +1.56 % | +5.04 % | -1.76 % | +5.39 % | +0.95 % | +5.05 % | -0.84 % | +3.56 % | +0.70 % | +24.81 % |
Past performance is not a reliable indicator of future performance and is not constant over time. Investing in the fund involves a risk of capital loss.
Constance Be World A
Currency EUR · net performance · as of 2026-10-08
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.02 % | +1.13 % | -6.15 % | +3.31 % | +5.49 % | -1.46 % | +2.08 % | +1.92 % | -1.05 % | +1.40 % | — | — | +7.48 % |
| 2025 | +5.64 % | +0.32 % | -8.34 % | -0.58 % | +10.16 % | +1.23 % | +3.22 % | -0.98 % | +5.17 % | +3.15 % | -4.10 % | -1.73 % | +12.54 % |
| 2024 | +3.91 % | +5.79 % | +1.21 % | -4.40 % | +2.21 % | +2.93 % | -2.40 % | +0.85 % | +1.35 % | +1.06 % | +8.80 % | +1.46 % | +24.55 % |
| 2023 | +9.61 % | -0.28 % | +4.06 % | -0.10 % | +2.61 % | +4.33 % | +1.07 % | -2.59 % | -3.52 % | -0.17 % | +7.19 % | +2.98 % | +27.35 % |
| 2022 | -9.12 % | -2.84 % | +0.91 % | -5.89 % | -5.73 % | -4.38 % | +11.66 % | -2.58 % | -6.89 % | +5.06 % | +1.28 % | -8.86 % | -25.75 % |
| 2021 | -1.14 % | +2.43 % | +2.64 % | +3.16 % | -0.39 % | +5.74 % | +0.79 % | +2.75 % | -2.52 % | +5.30 % | -1.47 % | -0.27 % | +17.97 % |
| 2020 | +3.86 % | -7.08 % | -11.33 % | +14.88 % | +6.83 % | +5.16 % | +2.09 % | +8.95 % | -1.89 % | -2.36 % | +10.40 % | +3.56 % | +34.53 % |
| 2019 | +9.59 % | +4.89 % | +4.18 % | +6.54 % | -6.87 % | +5.73 % | +5.13 % | -1.97 % | +0.51 % | -0.49 % | +5.84 % | +0.66 % | +37.97 % |
| 2018 | +5.06 % | -0.56 % | -2.66 % | +3.47 % | +6.02 % | +1.45 % | +2.89 % | +3.05 % | +0.38 % | -11.06 % | +1.10 % | -8.39 % | +0.30 % |
| 2017 | +2.69 % | +1.75 % | +0.47 % | +0.55 % | +1.33 % | -1.85 % | +0.50 % | -0.50 % | +2.64 % | +3.39 % | +1.02 % | -1.81 % | +10.51 % |
| 2016 | -5.54 % | -1.54 % | +1.04 % | -0.45 % | +3.36 % | -0.66 % | +4.73 % | -0.63 % | +0.03 % | -0.38 % | +2.52 % | +1.18 % | +3.33 % |
| 2015 | +6.43 % | +7.34 % | +4.51 % | +3.31 % | -0.24 % | -2.86 % | +5.12 % | -5.35 % | -1.72 % | +3.76 % | +5.41 % | -5.03 % | +21.44 % |
| 2014 | +0.67 % | +5.18 % | -3.64 % | -3.35 % | +4.86 % | +0.65 % | +0.31 % | +3.50 % | +1.44 % | +1.15 % | +5.51 % | +0.49 % | +17.55 % |
| 2013 | — | +0.35 % | +2.54 % | +1.45 % | +4.94 % | -1.84 % | +5.29 % | +0.85 % | +4.96 % | -0.93 % | +3.44 % | +0.64 % | +23.60 % |
Past performance is not a reliable indicator of future performance and is not constant over time. Investing in the fund involves a risk of capital loss.
Subscription documents
Regulatory documents are available in French only.
- Constance Be World - Prospectus-CH(prospectus · CH)
- Constance Be World - Prospectus-LU(prospectus · LU)
- Constance Be World - Prospectus(prospectus · FR)
- Constance Be World - A - DIC PRIIPS(dic)
- Constance Be World - I - DIC PRIIPS(dic)
Warnings
- Past performance is not a reliable indicator of future performance.
- Investing in the fund involves a risk of capital loss.
- For Swiss investors, the performance figures shown do not include commissions.
- Please refer to the PRIIPs KID and prospectus applicable to the relevant jurisdiction before subscribing.
Information documents
Regulatory documents are available in French only.
- 251126-Information-CBW(lettre-porteurs · 2025)
- Constance Be World - DIPS - Juin 2025(rapport-semestriel · 2025)
- Constance Be World - Rapport Annuel 2024(rapport-annuel · 2024)
- Constance Be World - Rapport Annuel 2025(rapport-annuel · 2025)
- InfoDuraCBW(sfdr)
- Constance Be World - I - Avril 2026(rapport-mensuel · 2026)
- Constance Be World - I - Juin 2026(rapport-mensuel · 2026)
- Constance Be World - I - Mai 2026(rapport-mensuel · 2026)