Diversified strategies

Carmignac Portfolio Patrimoine Europe

Share Class

LU1932476879

Diversified strategiesCarmignac Portfolio Patrimoine Europe
Diversified strategiesCarmignac Portfolio Patrimoine Europe
Share Class

LU1932476879

Overview

Characteristics & Risks

Performance

Portfolio

ESG

Documents

Carmignac Portfolio Patrimoine Europe ESG Breakdown

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

Carmignac Portfolio Patrimoine Europe ESG Breakdown

This financial product is classified as an Article 8 Fund under the EU's Sustainable Financial Disclosures Regulation(“SFDR”). The binding elements of the investment strategy used to select the investments to attain each of the environmental or social characteristics promoted by this financial product are :
  • A minimum of 10% of the Sub-Fund’s net assets are invested in sustainable investments aligned positively with the United Nations Sustainable Development Goals;
  • The minimum levels of sustainable investments with environmental and social objectives are respectively 1% and 3% of the Sub-Fund’s net assets;
  • The equity and corporate bond investment universe is actively reduced by at least 20%;
  • ESG analysis applied to at least 90% of issuers;
  • 30% of carbon emissions lower than the reference indicator as measured by carbon intensity.
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
51.6 %
SDG 3 : Good Health and Well Being
16.3 %
SDG Operational Alignement : SDG Operational Alignement
16.2 %
SDG 9 : Industry, Innovation and Infrastructure
13.9 %
SDG 7 : Affordable and Clean Energy
2.1 %
SDG 11 : Sustainable Cities and Communities
1.8 %
SDG 1 : No Poverty
1.2 %
Not in line with the United Nations Sustainable Development Goals (SDGs)
48.4 %
Total
51.6 %
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
IBERDROLA INTERNATIONAL BV
FINNAIR PLC
NOVO NORDISK AS
DEUTSCHE BRSE AG
ADIDAS AG
ESG Rating
AAA
AAA
AAA
AAA
AAA
Source: MSCI ESG

Top 5 Active Weights and ESG Scores

Data as of:  Sep 30, 2024.
Company
IBERDROLA INTERNATIONAL BV
AIR LIQUIDE FINANCE SA
VINCI SA
ENGIE SA
NATWEST GROUP PLC
ESG Rating
AAA
A
A
AA
AA
Source: MSCI ESG

Carmignac Portfolio Patrimoine Europe 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: 40% STOXX Europe 600 (reinvested net dividends) + 40% ICE BofA All Maturity All Euro Government (coupons reinvested) + 20% ESTER capitalised. Quarterly rebalanced.

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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.