Alternative strategies
Carmignac Portfolio Merger Arbitrage Plus
Share Class
LU2585801173
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 14/04/2023
To 26/09/2025
+ 10.5 %
-
-
-
+ 4.3 %
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
-
-
-
-
-
-
-
-
+ 3.1 %
+ 3.6 %
Net Asset Value
110.50 €
Asset Under Management
231 M €
Net Equity Exposure29/08/2025
90.9 %
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 the key figures for the Fund, which will give you a clearer idea of the Fund's management and equity positioning.
Exposure Data
Data as of: 29 Aug 2025.Net Equity Exposure90.9 %
Number of long strategies65
Merger arbitrage exposure108.8 %
Cash and other23.7 %
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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 - Equities
Data as of: 29 Aug 2025.| VERONA PHARMA PLC |  United Kingdom | Healthcare | 5.0% |
| WNS HOLDINGS LTD | United Kingdom | Industrials | 4.5% |
| FRONTIER COMMUNICATIONS PARENT INC |  USA | Communication Services | 4.1% |
| GRUPO CATALANA OCCIDENTE SA |  Spain | Financials | 3.8% |
| KELLANOVA | USA | Consumer Staples | 3.5% |
| INFORMATICA INC | USA | Information Technology | 3.5% |
| CANTALOUPE INC | USA | Financials | 3.4% |
| SPARTANNASH CO | USA | Consumer Staples | 3.4% |
| CYBERARK SOFTWARE LTD | USA | Information Technology | 3.1% |
| INTERPUBLIC GROUP OF COS INC/THE | USA | Communication Services | 3.0% |
Total
37.3 %
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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: 29 Aug 2025.| North America | 38.1 % |
| Europe ex-EUR | 23.1 % |
| Others | 16.6 % |
| Europe EUR | 13.1 % |
| Total % of alternative | 90.9 % |
North America38.1 %
| USA | 36.7 % |
 Canada | 1.4 % |
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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.
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: 29 Aug 2025.- Equity Investment Rate
- Equity Exposure
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: 19 Sep 2025.| Equity derivatives |
Total (Long + Short)
+11.3 %
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