Carmignac Investissement Latitude

Share Class

A EUR Acc • FR0010147603

Risk Indicator

3 / 7

Recommended Minimum Investment Horizon

5 years

Cumulative Performance since launch Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months

From 31/12/2004 To 19/12/2024

+ 255.8 %

+ 35.4 %

+ 50.8 %

+ 27.8 %

+ 11.4 %

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

+ 5.1 %

- 4.9 %

+ 1.3 %

+ 0.3 %

- 16.1 %

+ 9.1 %

+ 27.0 %

- 6.2 %

+ 2.1 %

+ 13.2 %

Net Asset Value

355.77 €

Asset Under Management

143 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.

Alternative strategiesCarmignac Investissement Latitude

Carmignac Investissement Latitude : 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

Feeder Fund of international equity Fund Carmignac Investissement. Through the use of derivatives, the Fund Manager is free to adjust the Fund's exposure to Carmignac Investissement's equity risk from anywhere between 0% and 100%. The Fund combines strong convictions on global equities and expertise in managing market risk exposure. The Fund aims to outperform its reference indicator over a recommended investment horizon of 5 years.

Characteristics

General Characteristics

Management Company: Carmignac Gestion S.A

Legal Form: French mutual fund (FCP)

ISIN: FR0010147603

Bloomberg: CARINVL FP

Detailed Characteristics

SFDR - Fund Classification: Article 8

Risk Indicator: 3/7
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Lowest risk Highest risk

Recommended minimum investment horizon: 5 years

Management: Alternative strategies

Reference Indicator: 50% MSCI AC WORLD NR (USD) + 50% ESTER (EUR) capitalised

Morningstar Category Morningstar Category: EUR Flexible Allocation - Global

Net Asset Value & Assets Under Management

Date of 1st NAV: 03/01/2005

Base Currency: EUR

Share class AUM: 142 M€ (19/12/24)

Fund AUM: 143 M€ / 148 M$

Dividend Policy: Accumulation

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 16:30 CET

Fees

One-off costs upon entry or exit

Entry costs: 4,00% of the amount you pay in when entering this investment. This is the most you will be charged. Carmignac Gestion doesn't charge any entry fee. The person selling you the product will inform you of the actual charge.

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: 1,25% of the value of your investment per year. This estimate is based on actual costs over the past year.

Transaction Cost: 1,10% 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: There is no performance fee for this product.

Risks

Main Risks of the Fund

Equity: The Fund may be affected by stock price variations, the scale of which is dependent on external factors, stock trading volumes or market capitalization.

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.

Corporate • 29 November 2024 • English

Changes to the Carmignac Investissement Latitude Fund

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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.

The Funds are common funds in contractual form (FCP) conforming to the UCITS Directive under French law except Carmignac Investissement Latitude, alternative investment fund (AIF) under French law.

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.