Share Class
FR00140081Y1
Investing in credit markets with visibility and diversification
- A buy and hold carry strategy over a set 5-year period offering investors the possibility to recover their capital before maturity under certain pre-set conditions.
- A conviction-driven investment process to build up a broadly diversified portfolio of credit securities.
Key documents
Asset Allocation
Bonds100 %
Data as of: 31 Oct 2024.
Risk Indicator
2/7
Recommended Minimum Investment Horizon
5 years
Cumulative Performance since launch
Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months
+ 22.3 %
0.0 %
0.0 %
0.0 %
+ 10.0 %
To 19 Nov 2024
Calendar Year Performance 2014Calendar Year Performance 2015Calendar Year Performance 2016Calendar Year Performance 2017Calendar Year Performance 2018Calendar Year Performance 2019Calendar Year Performance 2020Calendar Year Performance 2021Calendar Year Performance 2022Calendar Year Performance 2023
-
-
-
-
-
-
-
-
+ 1.7 %
+ 12.8 %
Net Asset Value
122.31 €
Asset Under Management
1 744 M €
Market
Global market
SFDR - Fund Classification
Article
8
Data as of: 31 Oct 2024.
Data as of: 19 Nov 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.
Carmignac Credit 2027 fund performance
Performance Overview
Data as of: 21 Nov 2024.Carmignac Credit 2027 Portfolio overview
Below is an overview of the composition of the portfolio.Geographical Breakdown
Data as of: 31 Oct 2024.| Europe | 82.0 % |
| North America | 6.7 % |
| Eastern Europe | 5.7 % |
| Latin America | 2.4 % |
| Middle East | 1.2 % |
| Asia | 1.0 % |
| Africa | 0.8 % |
| Asia-Pacific | 0.2 % |
| Total % of bonds | 100.0 % |
Europe82.0 %
 Ireland | 26.6 % |
 Italy | 9.6 % |
 France | 8.1 % |
 Spain | 6.3 % |
 Germany | 5.4 % |
 United Kingdom | 5.2 % |
 Portugal | 3.8 % |
 Netherlands | 3.7 % |
 Grèce | 2.9 % |
| Suède | 1.9 % |
 Belgium | 1.8 % |
| Norvège | 1.7 % |
 Switzerland | 1.5 % |
 Denmark | 1.3 % |
| Luxembourg | 0.9 % |
 Austria | 0.8 % |
 Finland | 0.5 % |
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: 31 Oct 2024.Modified Duration1.9
Yield to Maturity4.8 %
Average Coupon5.3 %
Number of Issuers281
Number of Bonds407
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](https://carmignac.imgix.net/uploads/NextImage/0001/18/%5BManagement-Team%5D-Verl%C3%A9-Pierre.png?auto=format%2Ccompress&fit=fill&w=3840)
Pierre Verlé
Head of Credit, co-Head of Fixed Income, Fund Manager
![[Management Team] [Author] Deneuville Alexandre](https://carmignac.imgix.net/uploads/NextImage/0001/18/%5BManagement-Team%5D-Deneuville-Alexandre.png?auto=format%2Ccompress&fit=fill&w=3840)
Alexandre Deneuville
Fund Manager
![[Management Team] [Author] Viros Florian](https://carmignac.imgix.net/uploads/NextImage/0001/18/%5BManagement-Team%5D-Viros-Floria.png?auto=format%2Ccompress&fit=fill&w=3840)
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.
Pierre Verlé
Head of Credit, co-Head of Fixed Income, Fund Manager
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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.