2024: A game changer for Emerging Markets

Published on
15 February 2024
Read time
1 minute(s) read

Carmignac, a pioneer in Emerging Markets

Since its creation in 1989, Carmignac has always had a strong conviction in emerging markets. Over the years, Carmignac has built up a solid expertise in the emerging universe. For us, emerging markets are a source of performance, a source of diversification but also a way to sustainably contribute to environment and society. Leveraging this long-term expertise, Carmignac launched its first strategy dedicated to emerging market equity in 1997.

Why invest in Carmignac Portfolio Emergents?

Over the past years, emerging markets have underperformed their developed market peers. The weakness of the Chinese economy, the ongoing geopolitical tensions and the US elections are also a source of concern for this asset class.

However, we see attractive opportunities among the beneficiaries of this new geopolitical order, notably in Latin America and South-East Asia. In 2024, bottom-up stock selection will be key to navigate the volatile markets and unearth the best opportunities in this undervalued emerging markets universe. Carmignac Portfolio Emergents is well positioned to capture this growth potential of emerging markets.

Listen to Xavier Hovasse, Head of Emerging Equities & Fund Manager, reveal his convictions and views on emerging markets for 2024.

Carmignac Portfolio Emergents

Grasping the most promising opportunities within the emerging universeDiscover the fund page

Carmignac Portfolio Emergents A EUR Acc

ISIN: LU1299303229
Recommended minimum investment horizon
5 years
Risk indicator*
SFDR - Fund Classification**
Article 9

*Risk Scale from the KID (Key Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time. **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.

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.Emerging Markets: Operating conditions and supervision in "emerging" markets may deviate from the standards prevailing on the large international exchanges and have an impact on prices of listed instruments in which the Fund may invest.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.

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Marketing Communication. Please refer to the KID/prospectus of the Fund before making any final investment decisions. The decision to invest in the promoted fund should take into account all its characteristics or objectives as described in its prospectus.
This material may not be reproduced, in whole or in part, without prior authorisation from the Management Company. This material does not constitute a subscription offer, nor does it constitute investment advice. The information contained in this material may be partial information and may be modified without prior notice.
Access to the Funds may be subject to restrictions regarding certain persons or countries. The Funds have not been registered under the US Securities Act of 1933. The Funds may not be offered or sold, directly or indirectly, for the benefit or on behalf of a «U.S. person», according to the definition of the US Regulation S and FATCA. The Management Company can cease promotion in your country anytime.
The risks, fees and ongoing charges are described in the KID. The KID must be made available to the subscriber prior to subscription. The subscriber must read the KID. Investors may lose some or all their capital, as the capital in the funds are not guaranteed. The Funds’ prospectus, KIDs, NAV and annual reports are available at www.carmignac.com, or upon request to the Management Company.
Investors have access to a summary of their rights in English at section 6 of "regulatory information page" on the following link: https://www.carmignac.se/en_GB
Carmignac Portfolio Emergents is a sub-fund of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive.
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CARMIGNAC GESTION 24, place Vendôme - F-75001 Paris - Tél : (+33) 01 42 86 53 35 Investment management company approved by the AMF Public limited company with share capital of € 13,500,000 - RCS Paris B 349 501 676
CARMIGNAC GESTION Luxembourg - City Link - 7, rue de la Chapelle - L-1325 Luxembourg - Tel : (+352) 46 70 60 1 Subsidiary of Carmignac Gestion - Investment fund management company approved by the CSSF Public limited company with share capital of € 23,000,000 - RCS Luxembourg B 67 549