Carmignac Portfolio Credit

Share Class

LU2020612904

Risk Indicator

3 / 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 16/08/2019 To 31/10/2024

+ 30.1 %

0.0 %

+ 28.4 %

+ 8.8 %

+ 15.4 %

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

+ 2.8 %

+ 12.3 %

+ 3.9 %

- 11.3 %

+ 12.6 %

Net Asset Value

130.09 $

Asset Under Management

1 623 M €

Market

Global market

SFDR - Fund Classification

Article 6

Data as of: 31 Oct 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 Credit

Portfolio Composition

Discover the Fund's portfolio and allocation to get an overview of the distribution of its investments, to better understand its strategy, diversification and risk exposure.

Global Fund allocation

The global allocation details the distribution of investments between the different asset classes, such as equities, bonds, cash, etc. It provides an overview of the portfolio's composition and can be adjusted at any time according to market conditions.

Asset Allocation

Data as of: 30 Sep 2024.

Bonds: 99.7 %

Developed Countries Corporate Bonds: 71.5 %

Emerging Markets Corporate Bonds: 17.6 %

Collateralized Loan Obligation (CLO): 10.6 %

Equities: 2.4 %

Credit Default Swap: -21.0 %

Cash, Cash Equivalents and Derivatives Operations: -2.1 %

Key figures

Below are the key figures for the Fund, which will give you a clearer idea of the Fund's management and bond positioning.

Exposure Data

Data as of: 30 Sep 2024.

Modified Duration3.9

Yield to Maturity6.6 %

Average Coupon6.3 %

Number of Issuers236

Number of Bonds315

Average RatingBBB-

Yield to Maturity (YTM) is the estimated annual rate of return expected on a bond if held until maturity and assuming all payments made as scheduled and reinvested at this rate. For perpetual bonds, the next call date is used for computation. Note that the yield shown does not take into account the FX carry and fees and expenses of the portfolio. The portfolio’s YTM is the weighted average individual bonds holdings' YTMs within the portfolio.

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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.

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.

Fixed Income Strategy • 30 April 2024 • English

Carmignac Portfolio Credit

LU2020612904

LU2020612904

Portfolio Composition

Global Fund allocation

Asset Allocation

Key figures

Exposure Data

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