Carmignac Portfolio Emerging Discovery A USD Acc Hdg/  LU0807689582  /

Fonds
NAV10/14/2024 Chg.+0.6100 Type of yield Investment Focus Investment company
219.9900USD +0.28% reinvestment Equity Emerging Markets Carmignac Gestion LU 

Investment strategy

The sub-fund aims to outperform its reference indicator through exposure to the small and mid- cap equity markets of emerging countries. The reference indicator comprises 50% MSCI EM Mid CAP NR (USD) index and 50% MSCI EM Small CAP NR (USD) index. It is rebalanced each quarter and converted into euro for EUR units and hedged units, and into the reference currency of the unit class for unhedged units. The portfolio is mainly invested in equities (at least 60%). It will be actively exposed to emerging markets through the selection of small and medium-sized companies offering mid to long-term return prospects and growth potential selected on the basis of their company fundamentals. The manager may use Relative Value strategies as performance drivers, looking to take advantage of the relative value between different instruments. Short positions may also be taken through derivatives. The sub-fund uses derivatives for hedging or arbitrage purposes, or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, equities (all categories of capitalisation), ETFs, dividends, volatility, variance (the latter two categories for up to 10% of net assets) and commodities (up to 10% of assets).
 

Investment goal

The sub-fund aims to outperform its reference indicator through exposure to the small and mid- cap equity markets of emerging countries. The reference indicator comprises 50% MSCI EM Mid CAP NR (USD) index and 50% MSCI EM Small CAP NR (USD) index. It is rebalanced each quarter and converted into euro for EUR units and hedged units, and into the reference currency of the unit class for unhedged units.
 

Master data

Type of yield: reinvestment
Funds Category: Equity
Region: Emerging Markets
Branch: Mixed Sectors
Benchmark: 50% MSCI EM Mid CAP NR (USD) Index, 50% MSCI EM Small CAP NR (USD) Index
Business year start: 1/1
Last Distribution: -
Depository bank: BNP Paribas Securities Services
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, United Kingdom, Czech Republic
Fund manager: Xavier Hovasse, Amol Gogate
Fund volume: 129.82 mill.  EUR
Launch date: 7/19/2012
Investment focus: -

Conditions

Issue surcharge: 4.00%
Max. Administration Fee: 2.00%
Minimum investment: 0.00 USD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Carmignac Gestion LU
Address: 7 Rue de la Chapell, 1325, Luxembourg
Country: Luxembourg
Internet: www.carmignac.com
 

Assets

Stocks
 
96.71%
Cash
 
3.29%

Countries

India
 
31.29%
Vietnam
 
5.99%
Taiwan, Province Of China
 
5.90%
Cayman Islands
 
5.61%
Korea, Republic Of
 
4.45%
Indonesia
 
3.57%
China
 
3.46%
Cash
 
3.29%
United Arab Emirates
 
3.08%
Brazil
 
2.96%
Canada
 
2.27%
Virgin Islands (British)
 
2.15%
Mexico
 
2.00%
Turkey
 
1.93%
United States of America
 
1.68%
Others
 
20.37%

Branches

Consumer goods
 
23.30%
Industry
 
13.19%
IT/Telecommunication
 
12.71%
Finance
 
9.34%
Healthcare
 
8.50%
real estate
 
6.85%
Commodities
 
4.10%
Cash
 
3.29%
Utilities
 
2.01%
Energy
 
1.07%
Others
 
15.64%