Carmignac Gestion

Fund Company

Carmignac Gestion - http://www.carmignac-gestion.com
 
Carmignac Gestion was founded in 1989 by Edouard Carmignac, is one of the leading independent management companies in Europe today. Its capital is held entirely by its managers and staff. In this way, the company's long-term viability is ensured by a stable shareholding structure, reflecting its spirit of independence. This fundamental value ensures the freedom required for a successful and renowned portfolio management.

Company

Fund Name

ISIN

Currency

Inception Date

Rating

Risk

Profile

Carmignac Gestion

Carmignac Gestion Patrimoine A Cap

FR0010135103

EUR

07/11/1989

5

Medium

The fund’s objective is to outperform the following composite performance indicator over a recommended investment horizon of 3 years: 50% MSCI AC World Free index, the Morgan Stanley international equity index, and 50% Citigroup WGBI All Maturities EUR index, the world bond index. The investment policy takes into account the principle of risk spreading by means of the diversification of investments. The allocation of the portfolio between the different asset classes and categories of UCITS (equities, balanced, bonds, money market, etc.) based on fundamental analysis of the global macroeconomic environment and of its indicators (growth, inflation, deficits, etc.) may vary according to the manager’s expectations. As the Fund is managed on an active, discretionary basis, its asset allocation may differ substantially from that of its performance indicator.

Carmignac Gestion

Carmignac Investissement Fond

FR0010148981

EUR

26/01/1989

4

Medium

The fund’s objective is to outperform the MSCI AC World Index over a recommended investment horizon of 5 years. The Fund is actively managed and invests primarily in international equities listed on stock exchanges worldwide, without excluding other transferable securities. The investment strategy is applied without restriction in terms of allocation by geographical zone, sector, type or size of security. At least 60% of the assets of Carmignac Investissement is permanently exposed to eurozone, international and emerging market equities. The allocation of the portfolio between the different asset classes and categories of UCITS (equities, balanced, bonds, money market, etc.) is based on analysis of the global macroeconomic environment and of its indicators (growth, inflation, deficits, etc.) and may vary according to the manager's expectations.

Carmignac Gestion

Carmignac Profil Reactif 75 Fund

FR0010148999

EUR

14/06/1999

4

Medium

The Fund is managed on a discretionary basis with an active asset allocation policy and is invested in international stocks. The Fund’s objective is to achieve positive performance on an annual basis with a risk profile comparable to that of its performance indicator, which comprises 75% MSCI AC World Free index, converted into euro, +25% Citigroup WGBI All Maturities EUR index. The Fund aims to keep volatility below the annual volatility of its performance indicator.

Carmignac Gestion

Carmignac Profil Reactif 50 Fd Cap

FR0010149203

EUR

02/01/2002

5

Medium

The fund’s objective is to achieve positive performance on an annual basis with a risk profile comparable to that of its performance indicator, which comprises 50% MSCI AC World Free index, converted into euro, +50% Citigroup WGBI All Maturities EUR index. The fund aims to keep volatility below the annual volatility of its performance indicator.

Carmignac Gestion

Carmignac Profil Reactif 100 Fund

FR0010149211

EUR

02/01/2002

4

High

The Fund is managed on a discretionary basis with an active asset allocation policy and is invested in international stocks. The Fund’s objective is to achieve positive performance on an annual basis with a risk profile comparable to that of its performance indicator, the MSCI AC World Free index, converted into euro. The Fund aims to keep volatility below the annual volatility of its performance indicator.

Carmignac Gestion

Carmignac Emergents Fund

FR0010149302

EUR

03/02/1997

4

Medium

The fund aims to outperform its benchmark over a period exceeding five years. The benchmark is Morgan Stanley's emerging markets index, the MSCI Emerging Markets Free, ex-dividend. The Fund is an "International Equity" fund with at least 60% of its assets permanently exposed to equities, with two thirds thereof invested in companies or issuers that have their registered office or carry out a significant part of their business in emerging countries. The assets may also consist of fixed income securities, debt securities or money market instruments denominated in euro or other currencies as well as variable rate bonds. Up to 40% of the assets may be invested in fixed income products for the purpose of risk diversification in the event of expected negative movements in equities. This is an accumulation fund.

Carmignac Gestion

Carmignac Investissement A CHF Cap

FR0011269190

CHF

18/06/2012

NULL

NULL

The fund’s objective is to outperform the MSCI AC World Index over a recommended investment horizon of 5 years. The Fund is actively managed and invests primarily in international equities listed on stock exchanges worldwide, without excluding other transferable securities. The investment strategy is applied without restriction in terms of allocation by geographical zone, sector, type or size of security. At least 60% of the assets of Carmignac Investissement is permanently exposed to eurozone, international and emerging market equities. The allocation of the portfolio between the different asset classes and categories of UCITS (equities, balanced, bonds, money market, etc.) is based on analysis of the global macroeconomic environment and of its indicators (growth, inflation, deficits, etc.) and may vary according to the manager's expectations.

Carmignac Gestion

Carmignac Euro Patrimoine A CHF Cap

FR0011269547

CHF

18/06/2012

NULL

NULL

The Fund is managed on a discretionary basis with an active asset allocation policy. Its objective is to outperform its performance indicator, which comprises 50% DJ Euro Stoxx 50 index and 50% capitalised Eonia index. A minimum of 75% of the portfolio is invested in the equity markets of the European Union, Iceland and Norway. The remaining 25% is invested in bonds, treasury bills and money market instruments denominated in euro and traded on French and foreign markets offering the best growth potential, without particular restrictions in terms of allocation by country, sector or type of stocks. A minimum of 75% of the Fund’s portfolio is invested in securities eligible for the PEA (French equity savings plan). Net exposure to the equity markets may not exceed 50%.

Carmignac Gestion

Carmignac Patrimoine A CHF Cap

FR0011269596

CHF

18/06/2012

NULL

NULL

The fund’s objective is to outperform the following composite performance indicator over a recommended investment horizon of 3 years: 50% MSCI AC World Free index, the Morgan Stanley international equity index, and 50% Citigroup WGBI All Maturities EUR index, the world bond index. The investment policy takes into account the principle of risk spreading by means of the diversification of investments. The allocation of the portfolio between the different asset classes and categories of UCITS (equities, balanced, bonds, money market, etc.) based on fundamental analysis of the global macroeconomic environment and of its indicators (growth, inflation, deficits, etc.) may vary according to the manager’s expectations. As the Fund is managed on an active, discretionary basis, its asset allocation may differ substantially from that of its performance indicator.

Carmignac Gestion

Carmignac Grande Europe A EUR Cap

LU0099161993

EUR

01/07/1999

3

Medium

The objective of the sub-fund is to achieve long-term capital growth by investing its assets mainly in equities of European Union Member States and, on a supplementary basis, in equities of non- EU Member States or candidates for accession, Russia and Turkey. The sub-fund aims to outperform its performance indicator, the Dow Jones Stoxx 600 index (ex- dividends) (SXXP INDEX).

Carmignac Gestion

Carmignac Commodities A EUR Cap

LU0164455502

EUR

10/03/2003

3

Medium

The objective of this sub-fund is to obtain long-term asset growth by managing a portfolio of investments in diversified business segments of the commodity sector. The sub-fund aims to outperform its performance indicator, which comprises the following MSCI indices (ex-dividends): 45% MSCI ACWF Oil and Gas (MICUOGAS INDEX), 5% MSCI ACWF Energy Equipment (MICUEEQS INDEX), 40% MSCI ACWF Metal and Mining (MICUMMIN INDEX), 5% MSCI ACWF Paper and Forest (MICUPFOR INDEX) and 5% MSCI ACWF Food (MICUFPRO INDEX). The performance indicator is rebalanced annually.

Carmignac Gestion

Carmignac Emer Discovery A EUR Cap

LU0336083810

EUR

14/12/2007

4

Low

This sub-fund seeks performance through exposure to the small and mid cap equity markets of the emerging countries. The management team implements an active and discretionary management strategy focused primarily on the selection of financial instruments based on the financial analysis of issuers. The sub-fund shall mainly invest its assets in securities issued by companies which have their registered office or which carry out the majority of their business activity in the emerging countries. The sub-fund aims to outperform its performance indicator, which comprises: 50% MSCI Emerging Small Cap USD (MSLUEMR INDEX) converted into euro and 50% MSCI Emerging Mid Cap USD (MMDUEMR INDEX) converted into euro. The sub-fund’s performance indicator is calculated ex-dividends and rebalanced annually. At least 60% of the portfolio shall be invested in equities and other securities from all economic sectors

Carmignac Gestion

Carmignac Port Market Neutral A Cap

LU0413372060

EUR

11/03/2009

3

Medium

The sub-fund aims to achieve capital growth regardless of market conditions via a portfolio that is only weakly correlated to the world equity market and which is less volatile than said market. In order to achieve its objective of absolute return, the sub-fund shall use the equity market neutral strategy in order to minimise systematic risk and net exposure to the equity market while relying on the management team’s ability to select high-performing international stocks.

Carmignac Gestion

Carmignac Emer Patrimoin A EUR Cap

LU0592698954

EUR

31/03/2011

NULL

NULL

This Sub-fund invests mainly in international equities and bonds of emerging countries.  The objective of the Sub-fund is to outperform its performance indicator, composed of 50% Morgan Stanley Emerging Market USD (MSEUEGF Index), expressed in EUR and calculated ex-dividends, and 50% JP Morgan GBI - Emerging Markets Global Diversified Composite Unhedged EUR Index (JGENVUEG Index), calculated with coupons reinvested, over a recommended minimum investment period of five years. The performance indicator is rebalanced annually.