Alternative strategies
Carmignac Portfolio Long-Short European Equities
Share Class
F EUR Acc • LU0992627298
Risk Indicator
3 / 7
Recommended Minimum Investment Horizon
3 years
Cumulative Performance since launch
Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months
From 15/11/2013
To 01/09/2026
+ 98.7 %
+ 98.4 %
+ 29.5 %
+ 37.3 %
+ 9.7 %
Calendar Year Performance 2016Calendar Year Performance 2017Calendar Year Performance 2018Calendar Year Performance 2019Calendar Year Performance 2020Calendar Year Performance 2021Calendar Year Performance 2022Calendar Year Performance 2023Calendar Year Performance 2024Calendar Year Performance 2025
+ 10.0 %
+ 16.7 %
+ 5.1 %
+ 0.3 %
+ 7.4 %
+ 13.6 %
- 5.7 %
+ 0.7 %
+ 18.0 %
+ 8.3 %
Net Asset Value
€198.74
Asset Under Management
813 M €
Net Equity Exposure31/07/2026
19.0%
SFDR - Fund Classification
Article 8
Portfolio Composition
Discover the Fund's portfolio and allocation to get an overview of the distribution of its investments, to better understand its strategy, diversification and risk exposure.
Key figures
Below are some key figures to help you understand the Fund's management and positioning.
Exposure Data
Data as of: Jul 31, 2026.Net Equity Exposure19.0%
Beta+0.3
Sortino Ratio+1.0
Number of Holdings25
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TOP 10 Fund Positions
The main positions of Fund are classified according to their weighting and expressed as a percentage of the Fund's total assets.
Top Ten
Data as of: Jul 31, 2026.| PUBLIC POWER CORP |  Greece | Utilities | 7.9% |
| PUBLIC POWER CORP SA | Greece | Utilities | 7.9% |
| FRESENIUS SE & CO KGAA |  Germany | Healthcare | 7.5% |
| ASR NEDERLAND NV |  Netherlands | Financials | 4.4% |
| GEK TERNA SA | Greece | Industrials | 4.3% |
| SILTRONIC AG | Germany | Information Technology | 4.2% |
| BELIMO HOLDING AG |  Switzerland | Industrials | 3.7% |
| META PLATFORMS INC |  USA | Communication Services | 3.3% |
| META PLATFORMS INC-CLASS A | USA | Communication Services | 3.3% |
| IMI PLC |  United Kingdom | Industrials | 2.5% |
Total
49.0 %
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Top Ten - Short Positions
Data as of: Jul 31, 2026.| Greece | Industrials | -3.8% |
| Switzerland | Consumer Discretionary | -2.9% |
 France | Information Technology | -1.8% |
 Sweden | Real Estate | -1.8% |
| Germany | Healthcare | -1.7% |
| Sweden | Financials | -1.6% |
| Sweden | Industrials | -1.6% |
| United Kingdom | Healthcare | -1.5% |
| France | Consumer Discretionary | -1.2% |
| Switzerland | Healthcare | -1.2% |
Total
-19.0 %
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Sector Breakdown
The Fund’s exposure to specific sector provides you with an insight on its diversification as well as the opportunities and risks involved. The sector breakdown also provides an overview of the Fund's investment strategy and current positioning.
The Fund’s exposure to specific sector provides you with an insight on its diversification as well as the opportunities and risks involved. The sector breakdown also provides an overview of the Fund's investment strategy and current positioning.
Geographical Breakdown
The Fund’s exposure to specific country and region provides you with an insight on its diversification as well as the opportunities and risks involved. The geographic breakdown also provides an overview of the Fund's investment strategy and current positioning.
Geographical Breakdown
Data as of: Jul 31, 2026.| North America | 12.6% | -6.0% | 6.7% |
| Others | 3.6% | - | 3.6% |
| Equity Basket Derivatives | 2.0% | -6.1% | -4.2% |
| Europe EUR | 66.3% | -37.5% | 28.8% |
| Europe ex-EUR | 12.6% | -21.4% | -8.8% |
| Index Derivatives | - | -7.2% | -7.2% |
North America6.7%
 Canada | - | -0.9% |
| USA | 12.6% | -5.1% |
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Equity Exposure
The chart displays the proportion of the Fund's assets invested in equities and how this exposure has changed over time. It enables investors to understand the level of risk associated with the Fund and whether the asset allocation is in line with the Fund’s risk framework.
Equity Exposure (% of total AUM)
Data as of: Jul 31, 2026.- Equity Investment Rate
- Equity Exposure
Capitalisation Breakdown
The capitalisation breakdown refers to the distribution of the Fund's investments according to the size of the companies in which it invests. It indicates in which capitalisation categories (small, medium or large) the Fund allocates its capital.
Equity Derivatives
This table lists all the equity derivatives in the portfolio. It shows the underlying assets to which the fund is exposed and the fund's position (long or short) on each of these underlyings.
Equity Derivatives
Data as of: Aug 28, 2026.| DAX INDEX | ||
| Equity derivatives | ||
| NASDAQ 100 STOCK INDX | ||
| STXE 600 OIL&G € PR | ||
| STXE 600 € PR |
Total (Long + Short)
−24.2%
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