Equity strategies

FP Carmignac Global Equity Compounders

Share Class

GB00BMGLBK75

FP Carmignac Global Equity Compounders : 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

The investment objective of the Fund is to achieve capital growth over a period of at least five years. The Fund seeks to achieve its investment objective by investing directly in shares of global “compounders”. We define these as companies with high sustainable profitability who reinvest profits into their company to grow the business for the future. Over the long term this compounding in the size of the underlying company is reflected through appreciating stock prices. There is no predetermined focus on business sector or geography, although concentrations will naturally emerge through stock selection.

The Fund will invest at least 80% directly in shares and on an ancillary basis in debt and money markets instruments. On rare occasions, such as when the markets are experiencing heavy turmoil, the Fund may decrease its exposure to compounders shares to no less than 51% and invest a greater proportion (up to 40%) in debt instruments. In addition, the Fund seeks to invest sustainably and implements a socially responsible investment approach.

Characteristics

General Characteristics
Management Company
Fundrock Partners (Investment Manager: Carmignac Gestion Luxembourg S.A ; Sub-Investment Manager: Carmignac UK Ltd, Carmignac Gestion)
Legal Form
OEIC
ISIN
GB00BMGLBK75
Bloomberg
FPGECAG LN
SEDOL
BMGLBK7
CITI
R22O
Mex
FNAAAC
Lipper
68606474
Detailed Characteristics
Risk Indicator

1

2

3

4

5

6

7

Lowest risk Highest risk
Recommended minimum investment horizon
5 years
IA Sector
-
Management
Equity strategies
Comparator Benchmark
MSCI WORLD (USD, Reinvested net dividends)
Morningstar Category
Morningstar Category
Global Large-Cap Growth Equity
Net Asset Value & Assets Under Management
Date of 1st NAV
15/05/2020
Base Currency
GBP
Share class AUM
76 M£ (16/07/24)
Fund AUM
76 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 12:00 CET

Fees

One-off charges taken before or after you invest
Maximum subscription fees paid to distributors
0,00%
Redemption Fees
0,00%
Conversion Fee
-
Charges taken from the fun over a year
Ongoing Charges
0.90%
Management Fees
0,82% EXT
Charges taken from the fund under certain specific conditions
Performance Fees
-

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.
Liquidity
Temporary market distortions may have an impact on the pricing conditions under which the Fund might be caused to liquidate, initiate or modify its positions.
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.
​The information presented above is not contractually binding and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Performance is shown net of fees (excluding any subscription fees payable to the distributor). 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.

Related articles

Sustainable investing10 July 2024English

Carmignac’s Article 9 funds: a sustainable investment?

3 minute(s) read
Find out more
Global equities11 June 2024English

FP Carmignac Global Equity Compounders: Harnessing the power of time

2 minute(s) read
Find out more
Global equities8 February 2024English

Building the world of tomorrow with FP Carmignac Global Equity Compounders

5 minute(s) read
Find out more