Alternative strategies
Carmignac Portfolio Merger Arbitrage
Share Class
LU2585800878
Risk Indicator
2 / 7
Recommended Minimum Investment Horizon
3 years
Cumulative Performance since launch
Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months
From 14/04/2023
To 12/03/2025
+ 7.0 %
-
-
-
+ 3.6 %
Calendar 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 2023Calendar Year Performance 2024
-
-
-
-
-
-
-
-
+ 2.6 %
+ 3.7 %
Net Asset Value
106.97 €
Asset Under Management
36 M €
Net Equity Exposure28/02/2025
27.5 %
SFDR - Fund Classification
Article 8
Portfolio Composition
Discover the Fund's portfolio and allocation to get an overview of the distribution of its investments, to better understand its strategy, diversification and risk exposure.
Key figures
Below are the key figures for the Fund, which will give you a clearer idea of the Fund's management and equity positioning.Exposure Data
Data as of: Feb 28, 2025.Equity Investment Weight32.5 %
Net Equity Exposure27.5 %
Number of Equity Issuers39
Active Share50.0 %
TOP 10 Fund Positions
The main positions of Fund are classified according to their weighting and expressed as a percentage of the Fund's total assets.Top Ten - Equities
Data as of: Feb 28, 2025.| HESS CORP |  USA | Energy | 3.4% |
| CHAMPIONX CORP | USA | Energy | 2.5% |
| ENSTAR GROUP LTD | USA | Financials | 2.5% |
| ANSYS INC | USA | Information Technology | 1.8% |
| KELLANOVA | USA | Consumer Staples | 1.6% |
| SHINKO ELECTRIC INDUSTRIES CO LTD |  Japan | Information Technology | 1.6% |
| PACTIV EVERGREEN INC | USA | Materials | 1.5% |
| NEXUS AG |  Germany | Healthcare | 1.4% |
| COVESTRO AG | Germany | Materials | 1.3% |
| DISCOVER FINANCIAL SERVICES | USA | Financials | 1.2% |
Total
18.9 %
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Geographical Breakdown
The Fund’s exposure to specific country and region provides you with an insight on its diversification as well as the opportunities and risks involved. The geographic breakdown also provides an overview of the Fund's investment strategy and current positioning.Geographical Breakdown
Data as of: Feb 28, 2025.| North America | 15.8 % |
| Europe ex-EUR | 4.7 % |
| Others | 3.7 % |
| Europe EUR | 3.3 % |
| Total % of alternative | 27.5 % |
North America15.8 %
| USA | 13.9 % |
 Canada | 2.0 % |
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Sector Breakdown
The Fund’s exposure to specific sector provides you with an insight on its diversification as well as the opportunities and risks involved. The sector breakdown also provides an overview of the Fund's investment strategy and current positioning.
Equity Exposure
The chart displays the proportion of the Fund's assets invested in equities and how this exposure has changed over time. It enables investors to understand the level of risk associated with the Fund and whether the asset allocation is in line with the Fund’s risk framework.Equity Exposure (% of total AUM)
Data as of: Feb 28, 2025.- Equity Investment Rate
- Equity Exposure
Equity Derivatives
This table lists all the equity derivatives in the portfolio. It shows the underlying assets to which the fund is exposed and the fund's position (long or short) on each of these underlyings.Equity Derivatives
Data as of: Mar 7, 2025.| Equity derivatives |
Total (Long + Short)
-4.5 %
Related articles
Alternative Strategy • January 17, 2025 • English
Carmignac Merger Arbitrage: Letter from the Portfolio Managers
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Carmignac Merger Arbitrage: Letter from the Portfolio Managers
3 minute(s) read
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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.