Carmignac Investissement Latitude

Share Class

A EUR Acc • FR0010147603

Risk Indicator

3 / 7

Recommended Minimum Investment Horizon

5 years

Cumulative Performance since launch Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months

From 31/12/2004 To 20/11/2024

+ 255.2 %

+ 37.1 %

+ 53.2 %

+ 15.5 %

+ 15.3 %

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

+ 5.1 %

- 4.9 %

+ 1.3 %

+ 0.3 %

- 16.1 %

+ 9.1 %

+ 27.0 %

- 6.2 %

+ 2.1 %

+ 13.2 %

Net Asset Value

355.24 €

Asset Under Management

142 M €

Market

Global market

SFDR - Fund Classification

Article 8

Data as of: Nov 20, 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.

Alternative strategiesCarmignac Investissement Latitude

Carmignac Investissement Latitude ESG Breakdown

This section contains the information relating to the ESG breakdown of the Fund.

Carmignac Investissement Latitude ESG Breakdown

This financial product is an Article 8 Fund of the Sustainable Finance Disclosure Regulation (“SFDR”). The binding element of the Fund’s investment strategy is to invest at least 85% of its net assets in A EUR Acc units of the Master Fund. The binding elements of the investment strategy used by the Master Fund are :

At least 50% of the Fund’s net assets are invested in the equities of companies deriving at least 50% of their revenue from goods or services linked to business activities that positively align with at least one of the 9 United Nations Sustainable Development Goals out of 17, or investing at least 50% of their CapEx in such activities;
The minimum levels of sustainable investments with environmental and social objectives are 5% and 15% of the Fund’s net assets, respectively;
The equity and corporate bond universe is actively reduced by at least 20%;
ESG analysis is applied to at least 90% of securities (excluding cash and derivatives);
Carbon emissions, as measured by carbon intensity, are 30% lower than those of their reference benchmark.

View all ESG documents

UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS (SDGS)

The graph illustrates the percentage of assets in the portfolio that are aligned with the United Nations Sustainable Development Goals. This enables us to measure the contribution of our investments to achieving these global objectives.

By promoting sustainable development, poverty reduction, environmental protection, health, education and many other areas, these investments go beyond traditional financial objectives by integrating social and environmental considerations into their management.

Alignment with the UN Sustainable Development Goals (% of Net Assets)

Data as of: Sep 30, 2024.

Assets Aligned with SDGs: 83.8 %

SDG 9 : Industry, Innovation and Infrastructure: 48.1 %

SDG 3 : Good Health and Well Being: 21.7 %

SDG Operational Alignement : SDG Operational Alignement: 7.4 %

SDG 1 : No Poverty: 3.9 %

SDG 11 : Sustainable Cities and Communities: 1.9 %

SDG 12 : Responsible Consumption and Production: 0.6 %

SDG 7 : Affordable and Clean Energy: 0.2 %

Not in line with the United Nations Sustainable Development Goals (SDGs): 16.2 %

Total

83.8 %

Our outcomes framework

Top 5 ESG Breakdown

The Top 5 ESG ratings highlight the 5 positions with the best sustainable ratings among the fund's investments.

The Top 5 active weightings show the positions that have been overweighted relative to the benchmark, illustrated by their ESG ratings. This highlights the main divergences between the composition of the fund's portfolio and that of the benchmark.

Top 5 ESG Rated Portfolio Holdings

Data as of: Sep 30, 2024.

Company

DAIICHI SANKYO CO LTD

APPLIED MATERIALS INC

ELEVANCE HEALTH INC

KEYSIGHT TECHNOLOGIES INC

NOVO NORDISK AS

ESG Rating

AAA

Source: MSCI ESG

Top 5 Active Weights and ESG Scores

Data as of: Sep 30, 2024.

Company

TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD

AMAZONCOM INC

SCHLUMBERGER LTD

NOVO NORDISK AS

CENTENE CORP

ESG Rating

AAA

BBB

AAA

Source: MSCI ESG

Carmignac Investissement Latitude VS. Reference Indicator

The graph compares the distribution of ESG ratings for the fund's investments with the distribution of ESG ratings for the assets of its benchmark.

MSCI ESG Score Portfolio vs. Reference Indicator (%)

Data as of: Sep 30, 2024.

Leader

Average

Laggard

Fund (Equity)

Fund (Equity + Corporate Bonds)

Reference Indicator

Source: 50% MSCI AC WORLD NR (USD) + 50% ESTER (EUR) capitalised

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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 Funds are common funds in contractual form (FCP) conforming to the UCITS Directive under French law except Carmignac Investissement Latitude, alternative investment fund (AIF) under French law.