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 02/09/2025
+ 81.0 %
+ 80.4 %
+ 29.9 %
+ 18.1 %
+ 5.1 %
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
180.97 €
Asset Under Management
645 M €
Net Equity Exposure31/07/2025
17.7 %
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
- 209 M€ (02/09/25)
- Fund AUM
- 645 M€ / 752 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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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.
Carmignac Gestion Luxembourg SA in its capacity as the Management Company for Carmignac Portfolio, has delegated the investment management of this Sub-Fund to White Creek Capital LLP (Registered in England and Wales with number OCC447169) from 2nd May 2024. White Creek Capital LLP is authorised and regulated by the Financial Conduct Authority with FRN : 998349.
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.