Carmignac Portfolio Emerging Discovery A EUR Acc/  LU0336083810  /

Fonds
NAV6/13/2024 Chg.+16.2800 Type of yield Investment Focus Investment company
1,926.1000EUR +0.85% 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, Luxembourg
Fund manager: Xavier Hovasse, Amol Gogate
Fund volume: 114.45 mill.  EUR
Launch date: 12/14/2007
Investment focus: -

Conditions

Issue surcharge: 4.00%
Max. Administration Fee: 2.00%
Minimum investment: 0.00 EUR
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
 
95.83%
Cash
 
4.17%

Countries

India
 
37.08%
China
 
6.80%
Taiwan, Province Of China
 
6.58%
Vietnam
 
6.45%
Korea, Republic Of
 
5.36%
Cash
 
4.17%
Kazakhstan
 
3.90%
Indonesia
 
3.61%
Brazil
 
3.59%
United Arab Emirates
 
3.19%
Canada
 
3.01%
Virgin Islands (British)
 
2.71%
Hong Kong, SAR of China
 
2.39%
Turkey
 
2.02%
United States of America
 
1.74%
Others
 
7.40%

Branches

Consumer goods
 
27.73%
Industry
 
16.22%
IT/Telecommunication
 
14.53%
Finance
 
10.52%
Healthcare
 
9.58%
Commodities
 
5.78%
real estate
 
4.98%
Cash
 
4.17%
Utilities
 
2.83%
Others
 
3.66%