Investment fund « Choix Solidaire » new form of solidarity investment, created and distributed by the Crédit Coopératif in France, Choix Solidaire combines steady performance and a sense of responsibility, whilst taking the least risk possible. choix Solidaire is available to everyone: private individuals, corporate bodies and save-as-you-earn schemes. choix Solidaire is a solidarity fund invested up to 10% in French and European company solidarity securities. Its objective is to offer subscribers a socially responsible diversified investment with steady growth: • diversified : Choix Solidaire is an investment balanced between European shares, bonds and monetary market. • steady : Choix Solidaire is targeting regular growth, with moderate risk. • socially responsible : - Choix Solidaire invests in French and European solidarity businesses, providing them with capital for their development. In particular, it invests in companies which are members of the FEBEA (such as La NEF and BFS). - Choix Solidaire invests in European businesses quoted on the stock exchange, which have been selected according to both financial criteria and especially sustainable development. These criteria are established by an ethical committee composed of independent experts, who meet three times a year. choix Solidaire has grown + 3.7 % between 2nd January 2003 and 7th September 2003 (date on which this brochure was completed), equal to an annual performance of + 5.4 %. it will shortly provide the support for solidarity FCPEs (employee mutual funds) devoted to save-as-you-earn schemes in France. choix Solidaire has just been awarded the Finansol label, a guarantee of its reliability, transparency and its respect for solidarity-based criteria. members of the Choix Solidaire’s ethical committee - Chairman: Frédéric Pascal (Chairman of the ‘Comité de la Charte de la transparence des appels à la générosité du public’ - France [Charter Committee for the Transparency of Appeals to Public Generosity]) - Vice-chairman: Paul Dembinski (director of the ‘Observatoire de la Finance’ - Switzerland) - Venance Journé and Patrick Boulte (in a personal capacity) - the members of the FEBEA are represented by Patrice Bouquet des Chaux (La NEF - France), Michel Genet (Crédal - Belgium) and Jan Depoortere (Hefboom - Belgium). contact : laurence.moret@coopanet.com
	European Federation of Ethical and Alternative Banks and financiers