Equity strategies

Carmignac Portfolio Grande Europe

Share Class

LU0099161993

Carmignac Portfolio Grande Europe : 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

Equity fund focused on stock-picking across European markets. The investment process is based on fundamental bottom-up analysis. Stock selection focuses on identifying and valuing the stocks of companies with attractive long-term growth prospects, as demonstrated by their high, sustainable profitability, ideally combined with internal or external reinvestment. Investments are then made in the names with appealing asymmetric risk/return profiles. The fund aims to outperform its reference indicator over 5 years and to generate capital growth, while implementing a socially responsible investment approach formalised by a sustainable investment objective.

Characteristics

General Characteristics
Management Company
Carmignac Gestion Luxembourg S.A
Legal Form
Luxembourg SICAV sub-fund
ISIN
LU0099161993
Bloomberg
CAREURC LX
SEDOL
B03NLZ7
CITI
C2R4
Mex
0FGREU
Lipper
60080861
Detailed Characteristics
SFDR - Fund Classification
Article 9
Risk Indicator

1

2

3

4

5

6

7

Lowest risk Highest risk
Recommended minimum investment horizon
5 years
Management
Equity strategies
Reference Indicator
Stoxx 600 (Reinvested net dividends)
Morningstar Category
Morningstar Category
Europe Large-Cap Growth Equity
Net Asset Value & Assets Under Management
Date of 1st NAV
01/07/1999
Base Currency
EUR
Share class AUM
305 M€ (18/07/24)
Fund AUM
946 M€ / 1 032 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 18:00 CET

Fees

One-off charges taken before or after you invest
Maximum subscription fees paid to distributors
4,00%
Redemption Fees
0,00%
Conversion Fee
1%
Charges taken from the fun over a year
Ongoing Charges
1.80%
Management Fees
1,50% MAX
Charges taken from the fund under certain specific conditions
Performance Fees
20,00% of the outperformance to the reference indicator over the year. Performance fee is not charged until previous underperformance is offset

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.
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.
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.

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