Carmignac Portfolio Inflation Solution

Article 6

Share Class

LU2715954504

A multi-asset strategy seeking to take advantage of the comeback of structural inflation

Implementing a diversified global exposure across asset classes to benefit from the new inflation paradigm
A portfolio constructed to achieve a positive correlation to inflation
Applying a dynamic and active management to neutralize disinflation phases

Key documents

KID

Risk Indicator

Lowest risk Highest risk

Recommended Minimum Investment Horizon

5 years

Cumulative Performance since launch Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months

+ 12.5 %

+ 11.0 %

From 15/12/2023
To 04/06/2025

Calendar Year Performance 2015Calendar 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 2024

- 0.1 %

+ 2.4 %

Net Asset Value

112.50 €

Asset Under Management

36 M €

Net Equity Exposure30/04/2025

24.8 %

SFDR - Fund Classification

Article

Data as of: Jun 4, 2025.

Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.

Alternative strategiesCarmignac Portfolio Inflation Solution

Carmignac Portfolio Inflation Solution : 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

An objective of total return above the Eurozone inflation over the recommended minimum investment horizon of 5 years through capital growth, income, and relative value transactions. The Fund applies a multi-asset approach with an exposure to a wide range of traditional asset classes combined with inflation-sensitive (commodities) and inflation-linked securities (inflation swaps). The portfolio construction strives to be positively correlated to inflation, while applying hedging strategies against inflation surprises.

Characteristics

General Characteristics

Management Company: Carmignac Gestion Luxembourg S.A

Legal Form: Luxembourg SICAV sub-fund

ISIN: LU2715954504

Bloomberg: CARSLAE LX

Detailed Characteristics

SFDR - Fund Classification: Article 6

Risk Indicator: 3/7
1
2
3
4
5
6
7
Lowest risk Highest risk

Recommended minimum investment horizon: 5 years

Management: Alternative strategies

Reference Indicator: N.A.

Morningstar Category Morningstar Category: N.A.

Net Asset Value & Assets Under Management

Date of 1st NAV: 15/12/2023

Base Currency: EUR

Share class AUM: 830 061.23€ (04/06/25)

Fund AUM: 36 M€ / 41 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: 2,00% of the amount you pay in when entering this investment. This is the most you will be charged. Carmignac Gestion doesn't charge any entry fee. The person selling you the product will inform you of the actual charge.

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: 1,81% of the value of your investment per year. This estimate is based on actual costs over the past year.

Transaction Cost: 0,07% 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: 20,00% when the share class overperforms the Reference indicator during the performance period. It will be payable also in case the share class has overperformed the reference indicator but had a negative performance. Underperformance is clawed back for 5 years. The actual amount will vary depending on how well your investment performs. The aggregated cost estimation above includes the average over the last 5 years, or since the product creation if it is less than 5 years.

Risks

Main Risks of the Fund

Counterparty Risk: The Fund may suffer losses if a counterparty defaults and is unable to meet its contractual obligations.

Liquidity: The Fund may hold securities with reduced market exchange volumes and which may, in certain circumstances, be relatively illiquid. The Fund is therefore exposed to the risk that it may not be possible to liquidate a position in the desired time frame and at the desired price.

Risk of Capital Loss: The portfolio does not guarantee or protect the capital invested. Capital loss occurs when a unit is sold at a lower price than that paid at the time of purchase.

The Fund presents a risk of loss of capital.

Did you enjoy the fund page?

View Performance

Reference to certain securities and financial instruments is for illustrative purposes to highlight stocks that are or have been included in the portfolios of funds in the Carmignac range. This is not intended to promote direct investment in those instruments, nor does it constitute investment advice. The Management Company is not subject to prohibition on trading in these instruments prior to issuing any communication. The portfolios of Carmignac funds may change without previous notice.

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.