Alternative strategies
Carmignac Portfolio Long-Short European Equities
Share Class
LU0992627298
Risk Indicator
4 / 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 25/09/2025
+ 87.7 %
+ 92.1 %
+ 42.6 %
+ 21.6 %
+ 9.0 %
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
- 7.7 %
+ 10.0 %
+ 16.7 %
+ 5.1 %
+ 0.3 %
+ 7.4 %
+ 13.6 %
- 5.7 %
+ 0.7 %
+ 18.0 %
Net Asset Value
187.70 €
Asset Under Management
675 M €
Net Equity Exposure29/08/2025
13.9 %
SFDR - Fund Classification
Article 8
Carmignac Portfolio Long-Short European Equities : 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
European Long/Short Equity fund with an actively managed net equity exposure ranging between -20% and 50%. The Fund aims to generate alpha through the combination of long and short positions, while following a flexible and active management. The Fund seeks to achieve a positive absolute return over a 3-year investment horizon.
Characteristics
General Characteristics
- Management Company
- Carmignac Gestion Luxembourg S.A
- Legal Form
- Luxembourg SICAV sub-fund
- Investment Manager
- White Creek Capital LLP
- ISIN
- LU0992627298
- Bloomberg
- CARPPFE LX
- SEDOL
- BGP6T30
- CITI
- JWMI
- Mex
- 0FABFI
- Lipper
- 68245747
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
- Alternative strategies
- Reference Indicator
- -
- Morningstar Category
Morningstar Category - Long/Short Equity - Europe
Net Asset Value & Assets Under Management
- Date of 1st NAV
- 15/11/2013
- Base Currency
- EUR
- Share class AUM
- 218 M€ (25/09/25)
- Fund AUM
- 675 M€ / 789 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 15:00 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
- 1.15%
- Management Fees
- 0.85% MAX
Charges taken from the fund under certain specific conditions
- Performance Fees
- 20.00% of the outperformance if the NAV exceeds the 5-year High Watermark since the beginning of the year
Risks
Main Risks of the Fund
Risk associated with the Long/Short Strategy
- This risk is linked to long and/or short positions designed to adjust net market exposure. The Fund may suffer high losses if its long and short positions undergo simultaneous unfavourable development in opposite directions.
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.
Interest Rate- Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.
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.
- The Fund presents a risk of loss of capital.
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