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Fixed income strategies

Carmignac Credit 2029

French mutual fund (FCP)Global marketSRI Fund Article 8
Share Class

FR001400KAV4

Investing in credit markets with visibility and diversification
  • A buy-and-hold strategy running until 2029, combining visibility with a target performance objective.*
  • A conviction-based investment process to build a diversified portfolio of credit securities rated investment grade on average.
Key documents
Monthly Factsheet (including ESG data)KID
Asset Allocation
Bonds98.8 %
Other1.2 %
Data as of:  Nov 29, 2024.
Risk Indicator
2/7
Recommended Minimum Investment Horizon
5 years
Cumulative Performance since launch
+ 13.6 %
0.0 %
0.0 %
0.0 %
+ 8.5 %
From 20/10/2023
To 19/12/2024
Calendar Year Performance 2023
-
-
-
-
-
-
-
-
-
+ 5.3 %
Net Asset Value
113.59 €
Asset Under Management
788 M €
Market
Global market
SFDR - Fund Classification

Article

8
Data as of:  Dec 19, 2024.
​Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The Sustainable Finance Disclosure Regulation (SFDR) 2019/2088 is a European regulation that requires asset managers to classify their funds as either 'Article 8' funds, which promote environmental and social characteristics, 'Article 9' funds, which make sustainable investments with measurable objectives, or 'Article 6' funds, which do not necessarily have a sustainability objective. For more information please refer to https://eur-lex.europa.eu/eli/reg/2019/2088/oj.
Fixed income strategiesCarmignac Credit 2029
Fixed income strategiesCarmignac Credit 2029
Share Class

FR001400KAV4

Overview

Characteristics & Risks

Performance

Portfolio

ESG

Documents

Key figures

Below are the key figures for the Fund, which will give you a clearer idea of the Fund's management and bond positioning.

Exposure Data

Data as of:  Nov 29, 2024.
Modified Duration3.0
Yield to Maturity5.3 %
Average Coupon6.0 %
Number of Issuers215
Number of Bonds262
Average RatingBBB-
Yield to Maturity (EUR): The Yield to Maturity (EUR) is the estimated annual rate of return in EUR expected on a bond if held until maturity and assuming all payments made as scheduled and reinvested at this rate. For perpetual bonds, the next call date is used for computation. Note that the yield shown does not take into account fees and expenses of the Fund. The portfolio’s YTM (EUR) is the weighted average individual bonds holdings' YTMs (EUR) within the portfolio.

The strategy in a nutshell

Discover the Fund’s main features and benefits through the words of the Fund Managers.
Fund Management Team
[Management Team] [Author] Verle Pierre

Pierre Verlé

Head of Credit, co-Head of Fixed Income, Fund Manager
[Management Team] [Author] Deneuville Alexandre

Alexandre Deneuville

Fund Manager
[Management Team] [Author] Viros Florian

Florian Viros

Fund Manager
Our selective approach, as well as the team's expertise in the various segments of the credit universe, allows us to offer an alternative to traditional financial products, combining visibility and diversification.
[Management Team] [Author] Verle Pierre

Pierre Verlé

Head of Credit, co-Head of Fixed Income, Fund Manager
View Fund's characteristics
View characteristics and risks
Reference to certain securities and financial instruments is for illustrative purposes to highlight stocks that are or have been included in the portfolios of funds in the Carmignac range. This is not intended to promote direct investment in those instruments, nor does it constitute investment advice. The Management Company is not subject to prohibition on trading in these instruments prior to issuing any communication. The portfolios of Carmignac funds may change without previous notice.
The reference to a ranking or prize, is no guarantee of the future results of the UCIS or the manager.
The Fund is a common fund in contractual form (FCP) conforming to the UCITS Directive under French law.