Fixed income strategies

Carmignac Portfolio Flexible Bond

Share Class

LU2490324410

Performance Overview

Find out about historical performance, volatility and all the performance measures that will enable you to assess the Fund's past performance.

Carmignac Portfolio Flexible Bond fund performance

Performance Overview

Data as of:  24 Jun 2024.

Calendar Year Performance (as %)

Calendar Year Performance (as %)

Data as of:  14 Jun 2024.
Carmignac Portfolio Flexible Bond - IW EUR Acc
Reference Indicator: ICE BofA Euro Broad Market Index (coupons reinvested).
Carmignac Portfolio Flexible Bond IW EUR Acc+7.7 %---
Reference Indicator+4.5 %---
Category Average+5.1 %---
Ranking (quartile)1---
​Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). Morningstar Rating™ :  © Morningstar, Inc. All Rights Reserved. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.On 30/09/2019 the composition of the reference indicator changed: the ICE BofA ML Euro Broad Market Index coupons reinvested replaces the EONCAPL7. Performances are presented using the chaining method. On 10/03/2021 the Fund’s name was changed from Carmignac Portfolio Unconstrained Euro Fixed Income to Carmignac Portfolio Flexible Bond.The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.
Source: Carmignac at 14/06/2024.

Statistics (%)

These measures are used to assess a Fund's risk-adjusted performance. A well-performing Fund should ideally have a solid return (measured by the Sharpe ratio and alpha) relative to its risk (measured by volatility), while being well aligned with market expectations (measured by beta relative to the reference indicator).

Volatility

Data as of:  31 May 2024.
Fund+4.3 %-+5.3 %
Reference Indicator +5.0 %-+6.3 %

Calculation : Weekly basis

Reference indicator: ICE BofA Euro Broad Market Index (coupons reinvested).
Source: Carmignac at 31 May 2024.

Monthly Gross Performance Contribution

The contribution to performance demonstrates the different sources of returns. The sum of these elements is equal to the performance before the deduction of management fees applicable to the portfolio for the period in question. Fees payable for the period account for the difference between the gross performance and the net performance.

Monthly Gross Performance Contribution

Data as of:  31 May 2024.
Equity portfolio0.0 %
Bond Portfolio+0.5 %
Equity derivatives0.0 %
Bond derivatives-0.1 %
Currency Derivatives+0.4 %
Mutual fund0.0 %
Total+0.8 %

Performance scenarios

The figures shown include all the costs of the product itself, but may not include all the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What you will get from this product depends on future market performance. Market developments in the future are uncertain and cannot be accurately predicted. The unfavourable, moderate, and favourable scenarios shown are illustrations using the worst, average, and best performance of the product over the last 10 years. Markets could develop very differently in the future. This table shows the money you could get back over the next 5 years, under different scenarios, assuming that you invest 10 000 €.

Performance and Average Annual Return

Data as of:  May 2024.
Scenarios
If you exit after 1 year
If you exit after 3 years
Stress
What you might get back after costs
Average return each year
8390 €
-16.00 %
8390 €
-5.70 %
Unfavourable
What you might get back after costs
Average return each year
8730 €
-13.00 %
9640 €
-1.20 %
Moderate
What you might get back after costs
Average return each year
10140 €
+1.00 %
10190 €
+0.60 %
Favourable
What you might get back after costs
Average return each year
11500 €
+15.00 %
11470 €
+4.70 %

The unfavourable scenario occurred for an investment between 09/2019 and 09/2022.

The moderate scenario occurred for an investment between 03/2021 and 03/2024.

The favourable scenario occurred for an investment between 12/2018 and 12/2021.

Source: Carmignac at 31 May 2024.
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. 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.
Carmignac Portfolio is a sub-fund of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive.