Carmignac Portfolio Emerging Patrimoine A EUR Acc
LU0592698954
Carmignac Portfolio Emerging Patrimoine A EUR Acc/ LU0592698954 /
NAV2024-05-30 |
Chg.-0.8500 |
Type of yield |
Investment Focus |
Investment company |
137.6500EUR |
-0.61% |
reinvestment |
Mixed Fund
Emerging Markets
|
Carmignac Gestion LU ▶ |
Investment strategy
The sub-fund aims to outperform its reference indicator over a period exceeding five years. The reference indicator comprises 40% MSCI Emerging Market NR USD index, 40% JP Morgan GBI- EM Global Diversified Composite Unhedged EUR index calculated with coupons reinvested and 20% ESTER capitalised. It is rebalanced each quarter.
The sub-fund is invested mainly in international equities and bonds of emerging countries. It offers active management on the international equity, fixed income, credit and currency markets. No more than 50% of the portfolio's net assets will be exposed to equities. Between 40% and 100% of the assets of the sub-fund shall be invested in fixed or variable rate bonds, transferable debt securities or treasury bills. The average rating of the bonds held by the sub- fund either directly or indirectly via UCITS shall be at least investment grade (as rated by at least one of the leading rating agencies). The sub-fund may invest in inflationlinked bonds. The manager may use Relative Value strategies as performance drivers, looking to take advantage of the relative value. The sub-fund uses derivatives for hedging or arbitrage purposes, or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, credit (up to 30% of net assets), equities (all categories of capitalisation), ETFs, dividends, volatility, variance (the latter two categories for up to 10% of net assets) and commodities (up to 10% of assets).
Investment goal
The sub-fund aims to outperform its reference indicator over a period exceeding five years. The reference indicator comprises 40% MSCI Emerging Market NR USD index, 40% JP Morgan GBI- EM Global Diversified Composite Unhedged EUR index calculated with coupons reinvested and 20% ESTER capitalised. It is rebalanced each quarter.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Mixed Fund |
Region: |
Emerging Markets |
Branch: |
Mixed Fund/Balanced |
Benchmark: |
40% MSCI EM NR USD Index, 40% JP Morgan GBI-EM Global Diversified Composite Unhedged EUR Index, 20% ESTER |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
BNP Paribas Securities Services |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, United Kingdom, Luxembourg |
Fund manager: |
Xavier Hovasse, Abdelak Adjriou |
Fund volume: |
359.3 mill.
EUR
|
Launch date: |
2011-03-31 |
Investment focus: |
- |
Conditions
Issue surcharge: |
4.00% |
Max. Administration Fee: |
1.50% |
Minimum investment: |
0.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Carmignac Gestion LU |
Address: |
7 Rue de la Chapell, 1325, Luxembourg |
Country: |
Luxembourg |
Internet: |
www.carmignac.com
|
Assets
Bonds |
|
60.03% |
Stocks |
|
34.25% |
Cash |
|
5.71% |
Others |
|
0.01% |
Countries
Mexico |
|
18.75% |
Korea, Republic Of |
|
7.12% |
China |
|
6.10% |
Hungary |
|
6.06% |
Cash |
|
5.71% |
Taiwan, Province Of China |
|
5.65% |
Brazil |
|
4.25% |
India |
|
4.22% |
United States of America |
|
3.36% |
Cote d'Ivoire |
|
3.22% |
Poland |
|
2.55% |
Czech Republic |
|
2.42% |
Colombia |
|
2.31% |
Romania |
|
1.94% |
Cayman Islands |
|
1.91% |
Others |
|
24.43% |
Currencies
US Dollar |
|
26.29% |
Euro |
|
21.03% |
Mexican Peso |
|
12.56% |
Korean Won |
|
7.12% |
Taiwan Dollar |
|
5.65% |
Indian Rupee |
|
4.29% |
Brazilian Real |
|
3.94% |
Hungarian Forint |
|
3.00% |
Polish Zloty |
|
2.55% |
Hong Kong Dollar |
|
1.99% |
Japanese Yen |
|
1.85% |
Indonesian Rupiah |
|
1.58% |
Egyptian Pound |
|
1.27% |
Malaysian Ringgit |
|
0.68% |
Chinese Yuan Renminbi |
|
0.51% |
Others |
|
5.69% |