Fixed income strategies

Carmignac Portfolio Global Bond

Share Class

LU1623762769

Carmignac Portfolio Global 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 Global Bond is an international fixed income UCITS fund that applies interest rate, credit and currency strategies depending on the global macroeconomic cycle. Its dynamic and flexible approach enables the Fund to apply a conviction-driven and non-benchmarked allocation strategy and thus fully exploit the many performance drivers available in the fixed income universe. The Fund aims to outperform its reference indicator over a recommended minimum investment horizon of three years.

Characteristics

General Characteristics
Management Company
Carmignac Gestion Luxembourg S.A
Legal Form
Luxembourg SICAV sub-fund
ISIN
LU1623762769
Bloomberg
CAGBWEA LX
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
JPM Global Government Bond index
Morningstar Category
Morningstar Category
Global Flexible Bond
Net Asset Value & Assets Under Management
Date of 1st NAV
26/07/2017
Base Currency
EUR
Share class AUM
6 M€ (25/09/25)
Fund AUM
637 M€ / 744 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
We do not charge an entry fee. 
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
1.01% of the value of your investment per year. This estimate is based on actual costs over the past year.
Transaction Cost
0.74% 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
There is no performance fee for this product. 

Risks

Main Risks of the Fund
Credit
Credit risk is the risk that the issuer may default.
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.
Discretionary Management
Anticipations of financial market changes made by the Management Company have a direct effect on the Fund's performance, which depends on the stocks selected.
The Fund presents a risk of loss of capital.

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