Carmignac Portfolio Global Bond

Share Class

LU0992630326

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 15/11/2013 To 19/12/2024

+ 51.3 %

+ 34.6 %

+ 7.6 %

+ 1.8 %

+ 2.8 %

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

+ 13.5 %

+ 2.3 %

+ 10.1 %

+ 0.5 %

- 1.8 %

+ 10.7 %

+ 5.6 %

+ 0.3 %

- 4.6 %

+ 4.2 %

Net Asset Value

107.80 $

Asset Under Management

696 M €

Market

Global market

SFDR - Fund Classification

Article 8

Data as of: 19 Dec 2024.

Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged. 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.

Fixed income strategiesCarmignac Portfolio Global Bond

Carmignac Portfolio Global Bond : 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

Carmignac Portfolio Global Bond is an international fixed income UCITS fund that applies interest rate, credit and currency strategies depending on the global macroeconomic cycle. Its dynamic and flexible approach enables the Fund to apply a conviction-driven and non-benchmarked allocation strategy and thus fully exploit the many performance drivers available in the fixed income universe. The Fund aims to outperform its reference indicator over a recommended minimum investment horizon of three years.

Characteristics

General Characteristics

Management Company: Carmignac Gestion Luxembourg S.A

Legal Form: Luxembourg SICAV sub-fund

ISIN: LU0992630326

Bloomberg: CARGBEH LX

Detailed Characteristics

SFDR - Fund Classification: Article 8

Risk Indicator: 2/7
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Lowest risk Highest risk

Recommended minimum investment horizon: 3 years

Management: Fixed income strategies

Reference Indicator: JP Morgan Global Government Bond Index (coupons reinvested)

Morningstar Category Morningstar Category: Global Flexible Bond - USD Hedged

Net Asset Value & Assets Under Management

Date of 1st NAV: 15/11/2013

Base Currency: USD

Share class AUM: 2 M$ (19/12/24)

Fund AUM: 696 M€ / 723 M$

Dividend Policy: Distribution

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

Distribution

Distribution Frequency: Monthly

Date of the Last Coupon: 09/10/2024

Amount of the Last Coupon: 0.22$

Annual dividend target rate: 2,50%

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: 1,60% of the value of your investment per year. This estimate is based on actual costs over the past year.

Transaction Cost: 1,48% 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: 20,00% when the share class overperforms the Reference indicator during the performance period. It will be payable also in case the share class has overperformed the reference indicator but had a negative performance. Underperformance is clawed back for 5 years. The actual amount will vary depending on how well your investment performs. The aggregated cost estimation above includes the average over the last 5 years, or since the product creation if it is less than 5 years.

Risks

Main Risks of the Fund

Credit: Credit risk is the risk that the issuer may default.

Interest Rate: Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.

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.

Discretionary Management: Anticipations of financial market changes made by the Management Company have a direct effect on the Fund's performance, which depends on the stocks selected.

The Fund presents a risk of loss of capital.

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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.

The information presented above is not contractually binding and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor), where applicable. Investors may lose some or all of their capital, as the capital in the UCI is not guaranteed. Access to the products and services presented herein may be restricted for some individuals or countries. Taxation depends on the situation of the individual. The risks, fees and recommended investment period for the UCI presented are detailed in the KIDs (key information documents) and prospectuses available on this website. The KID must be made available to the subscriber prior to purchase.). The reference to a ranking or prize, is no guarantee of the future results of the UCITS or the manager.