Fixed income strategies

Carmignac Portfolio Flexible Bond

Share Class
FW EUR accLU2490324501

Carmignac Portfolio Flexible Bond : 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

Carmignac Portfolio Flexible Bond is an international fixed income UCITS Fund that implements interest rates and credit strategies across the globe while systematically hedging the currency risk. Its flexible and opportunistic style enables the Fund to implement a largely unconstrained, conviction-driven allocation strategy across global bond markets. In addition, the Fund seeks to invest sustainably for long-term growth and implements a socially responsible investment approach. The Fund aims to outperform its reference indicator over three years.

Characteristics

General Characteristics
Management Company
Carmignac Gestion Luxembourg S.A
Legal Form
Luxembourg SICAV sub-fund
ISIN
LU2490324501
Bloomberg
CARSJFW LX
SEDOL
BN2RNK0
CITI
X6FP
Mex
CAACMZ
Lipper
68717292
Detailed Characteristics
SFDR - Fund Classification
Article 8
Risk Indicator

1

2

3

4

5

6

7

Lowest risk Highest risk
Recommended minimum investment horizon
3 years
Management
Fixed income strategies
Reference Indicator
ICE BofA Euro Broad Market index
Morningstar Category
Morningstar Category
EUR Flexible Bond
Net Asset Value & Assets Under Management
Date of 1st NAV
30/06/2022
Base Currency
EUR
Share class AUM
4 M€ (26/09/25)
Fund AUM
2 451 M€ / 2 865 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 charges taken before or after you invest
Maximum subscription fees paid to distributors
0.00%
Redemption Fees
0.00%
Conversion Fee
0%
Charges taken from the fund over a year
Ongoing Charges
1.00%
Management Fees
0.80% MAX
Charges taken from the fund under certain specific conditions
Performance Fees
-

Risks

Main Risks of the Fund
Interest Rate
Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.
Credit
Credit risk is the risk that the issuer may default.
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.
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.
The Fund presents a risk of loss of capital.

Articles that may interest you

Fixed Income Strategy13 September 2024English

Merger of “Flexible Allocation 2024” into “Flexible Bond” in Carmignac Portfolio

1 minute(s) read
Find out more
Fixed Income Strategy13 July 2023English

Carmignac P. Flexible Bond: Letter from the Fund Managers

5 minute(s) read
Find out more
Fixed Income Strategy13 April 2023English

Carmignac P. Flexible Bond : Letter from the Fund Managers

4 minute(s) read
Find out more