Share Class
LU2812616816
A Fund unleashing the potential of tech companies across the world
- Investing in companies that are driving innovation that represent a solution to a changing world.
- An opportunistic approach capturing attractive trends worldwide across the value chain.
- A strategy that goes beyond investing in the tech sector by capturing technology in a wider spectrum.
Key documents
Asset Allocation
Equities95.3 %
Other4.7 %
Data as of: Apr 30, 2026.
Risk Indicator
1
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5
6
7
Lowest risk
Highest risk
Recommended Minimum Investment Horizon
5 years
Cumulative Performance since launch
Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months
+ 98.6 %
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-
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+ 92.3 %
To 11/05/2026
Calendar 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 2024Calendar Year Performance 2025
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-
-
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+ 3.2 %
+ 46.7 %
Net Asset Value
198.64 $
Asset Under Management
577 M €
Net Equity Exposure31/03/2026
93.2 %
SFDR - Fund Classification
Article
9
Data as of: Apr 30, 2026.
Data as of: May 11, 2026.
Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The Fund presents a risk of loss of capital.
The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.
Sustainable Finance Disclosure Regulation (SFDR) 2019/2088. The SFDR classification of the Funds may change over time.
The strategy in a nutshell
Discover the Fund’s main features and benefits through the words of the Fund Manager.
Fund Management Team
Now that technology is accelerating at a faster pace, we aim to capitalise on the significant impact it is having on global equity markets.
Carmignac Portfolio Tech Solutions fund performance
Take a look at the Fund's performance supported by our Fund managers’ market commentary and strategy insight.
Our monthly comments
Data as of: Apr 30, 2026.Fund management team
Performance commentary
- Over the month of April, the fund had a strong absolute performance and outperformed its reference indicator, mostly driven by our allocation to industrial Tech & digital Infrastructure and Tech Materials. The month marked a record month for semiconductor names which demonstrated the strongest month for the sub sector in years.
- Semiconductor names like Broadcom, SK Hynix, and TSMC were our largest contributors in April with all three names delivering record breaking Q1 earnings, significantly above expectations, with each occupying a different but complimentary node in the AI supply chain (custom silicon, memory and advanced manufacturing)
- We continued to see strong performance across our off-benchmark Tech Material names in Asia. Nitto Boseki, the Japanese materials company producing glass fibre used in semiconductor packaging, continued to demonstrate strong returns over the month. Similarly, All Ring Tech, the Taiwanese manufacturer of high-end automation and process equipment for semiconductor packaging was also among our largest contributors.
- On the other hand, our software exposure suffered over the month driven by the deepening debate about whether AI destroys value for these incumbent companies. On the back of these concerns, Servicenow, Salesforce and Workday were among our worst performers.
Outlook strategy
- In April, we trimmed some of our semiconductor names like Micron and Gudeng to add to ASML.
- We also reduced our overall software weight to from 16% to 11% by reducing weight to names like Salesforce, Workday and Gitlab on fears of AI disruption.
- Over the month we continued building our position initiated the previous month in Schneider Electric.
- In the current environment we believe it is important to look at all segments of Technology and capture entry points in areas we think demonstrate undervalued growth as well as diversify our holdings.
Performance Overview
Data as of: May 11, 2026.Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The Fund presents a risk of loss of capital.
Morningstar Rating™ : © Morningstar, Inc. All Rights Reserved. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
From 01/01/2013 the equity index reference indicators are calculated net dividends reinvested.
The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.
Source: Carmignac at 12/05/2026
Carmignac Portfolio Tech Solutions Portfolio overview
Below is an overview of the composition of the portfolio.
Geographical Breakdown
Data as of: Apr 30, 2026.| North America | 55.4 % |
| Asia | 32.1 % |
| Asia-Pacific | 7.4 % |
| Europe | 5.1 % |
| Eastern Europe | - |
To Access the weekly view
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: Mar 31, 2026.Equity Investment Weight97.5 %
Net Equity Exposure93.2 %
Number of Equity Issuers46
Active Share63.2 %
To Access the weekly view
Articles that may interest you
Strategies insights • April 20, 2026 • English
Carmignac Portfolio Tech Solutions: Letter from the Fund Manager - Q1 2026
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Carmignac Portfolio Tech Solutions: Letter from the Fund Manager - Q4 2025
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Strategies insights • December 3, 2025 • English
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Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The Fund presents a risk of loss of capital.
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.
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.
Market environment