Equity strategies

Carmignac Portfolio Emerging Discovery

Share Class

LU2420651239

Carmignac Portfolio Emerging Discovery : 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 invested in small and mid-capitalisations of emerging countries, as well as less covered frontier markets. The investment process combines a fundamental top-down approach with a disciplined bottom-up analysis and a socially responsible approach in order to identify the best investment opportunities by seeking companies offering long-term growth potential and attractive cash generation, in underpenetrated sectors and in countries with healthy fundamentals. The Fund aims to outperform its reference indicator over 5 years.

Characteristics

General Characteristics
Management Company
Carmignac Gestion Luxembourg S.A
Legal Form
Luxembourg SICAV sub-fund
ISIN
LU2420651239
Bloomberg
CAPEDIW LX
Detailed Characteristics
SFDR - Fund Classification
Article 8
Risk Indicator

1

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7

Lowest risk Highest risk
Recommended minimum investment horizon
5 years
Management
Equity strategies
Reference Indicator
50% MSCI Emerging Small Cap NR USD Index + 50% MSCI Emerging Mid Cap NR USD Index (Reinvested net dividends, Rebalanced quarterly)
Morningstar Category
Morningstar Category
Global Emerging Markets Small/Mid-Cap Equity
Net Asset Value & Assets Under Management
Date of 1st NAV
31/12/2021
Base Currency
EUR
Share class AUM
16 M€ (12/06/24)
Fund AUM
112 M€ / 122 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 costs upon entry or exit
Entry costs
We do not charge an entry fee. 
Exit costs
We do not charge an exit fee for this product.
Ongoing costs taken each year
Management fees and other administrative or operating costs
1,26% of the value of your investment per year. This estimate is based on actual costs over the past year.
Transaction Cost
0,52% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the investments underlying the product. The actual amount varies depending on the quantity we buy and sell.
Incidental costs taken under specific conditions
Performance fees
There is no performance fee for this product. 

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.
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.
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.
The Fund presents a risk of loss of capital.
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.