Carmignac Portfolio Emerging Discovery

Share Class

LU1623762256

Risk Indicator

4 / 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 26/07/2017 To 20/11/2024

+ 52.9 %

0.0 %

+ 44.2 %

+ 3.7 %

+ 25.2 %

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

-

+ 5.3 %

- 8.0 %

+ 11.5 %

+ 0.8 %

+ 28.0 %

- 21.6 %

+ 13.6 %

Net Asset Value

152.74 €

Asset Under Management

128 M €

Market

Emerging markets

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.

Equity strategiesCarmignac Portfolio Emerging Discovery

Carmignac Portfolio Emerging Discovery : Characteristics & Risks

You may find in this section information on characteristics, costs, and risks of the Fund. If you have any questions, please do not hesitate to contact Carmignac for further details and assistance.

Investment Universe and Objective

Equity fund invested in small and mid-capitalisations of emerging countries, as well as less covered frontier markets. The investment process combines a fundamental top-down approach with a disciplined bottom-up analysis and a socially responsible approach in order to identify the best investment opportunities by seeking companies offering long-term growth potential and attractive cash generation, in underpenetrated sectors and in countries with healthy fundamentals. The Fund aims to outperform its reference indicator over 5 years.

Characteristics

General Characteristics

Management Company: Carmignac Gestion Luxembourg S.A

Legal Form: Luxembourg SICAV sub-fund

ISIN: LU1623762256

Bloomberg: CAREEWA LX

Detailed Characteristics

SFDR - Fund Classification: Article 8

Risk Indicator: 4/7
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Lowest risk Highest risk

Recommended minimum investment horizon: 5 years

Management: Equity strategies

Reference Indicator: 50% MSCI Emerging Small Cap NR USD Index + 50% MSCI Emerging Mid Cap NR USD Index (Reinvested net dividends, Rebalanced quarterly)

Morningstar Category Morningstar Category: Global Emerging Markets Small/Mid-Cap Equity

Net Asset Value & Assets Under Management

Date of 1st NAV: 26/07/2017

Base Currency: EUR

Share class AUM: 15 M€ (20/11/24)

Fund AUM: 128 M€ / 135 M$

Dividend Policy: Accumulation

Capital Guarantee: No

NAV Frequency: Daily, except on French public holidays for FCP/SICAV; UK bank holidays for OEIC; Stock market holidays in the US, China and Hong Kong for China New Economy Funds.
Subscribe to NAVs

Order Placement Cut-Off Time: Before 18:00 CET

Fees

One-off costs upon entry or exit

Entry costs: We do not charge an entry fee.

Exit costs: We do not charge an exit fee for this product.

Ongoing costs taken each year

Management fees and other administrative or operating costs: 1,50% of the value of your investment per year. This estimate is based on actual costs over the past year.

Transaction Cost: 0,52% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the investments underlying the product. The actual amount varies depending on the quantity we buy and sell.

Incidental costs taken under specific conditions

Performance fees: There is no performance fee for this product.

Risks

Main Risks of the Fund

Equity: The Fund may be affected by stock price variations, the scale of which is dependent on external factors, stock trading volumes or market capitalization.

Emerging Markets: Operating conditions and supervision in "emerging" markets may deviate from the standards prevailing on the large international exchanges and have an impact on prices of listed instruments in which the Fund may invest.

Currency: Currency risk is linked to exposure to a currency other than the Fund’s valuation currency, either through direct investment or the use of forward financial instruments.

Liquidity: Temporary market distortions may have an impact on the pricing conditions under which the Fund might be caused to liquidate, initiate or modify its positions.

The Fund presents a risk of loss of capital.

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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.

Carmignac Portfolio is a sub-fund of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive.