Share Class
LU2809794220
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
Equities97.1 %
Other2.9 %
Data as of: Jan 30, 2026.
Risk Indicator
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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
+ 41.9 %
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+ 45.8 %
To 05/03/2026
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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+ 6.1 %
+ 28.8 %
Net Asset Value
141.94 €
Asset Under Management
443 M €
Net Equity Exposure30/01/2026
90.6 %
SFDR - Fund Classification
Article
9
Data as of: Jan 30, 2026.
Data as of: Mar 5, 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.
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: Feb 27, 2026.Fund management team
Performance commentary
- Over the month of February, the fund had a positive return both in absolute and relative terms driven by strong selection in our Japanese industrial names Nitto Boseki in the Tech Materials space and Furukawa Electric in the Industrial tech space.
- Nitto Boseki, the high-grade glass fibre supplier to semiconductors raised its full year profit guidance following strong nine-month results driven by AI infrastructure demand. We saw similar drivers for Furukawa Electric, suppliers of cables and components to data centres.
- Tech Materials as a whole was the top performing sub theme over the month with TSMC leading the way with an expanded guidance and investors favouring AI enablers over potential AI disruptees.
- On the other hand, Cloud & Software names fell sharply over the month with SaaS names leading the decline on continued fears of agentic AI disrupting software business models.
- Atlassian, for example was among the hardest hit over the month despite an earnings expectation beat.
Outlook strategy
- In February we continued building our positions in Yageo the Taiwanese electronic component supplier and Hainan Drinda New Energy Tech the manufacturer of photovoltaic equipment.
- We also took advantage of valuations to add to Amazon, Alphabet, given the recent pull back.
- On the other hand, we sold out of Elite Materials on the back of price appreciation, Mediatek as we see underappreciated risk to their core smartphone business due to risks as well as Accenture where we could see meaningful business shift risk.
- Over the month we initiated new positions in Japanese Tech Material names like Ibiden, JX advanced Materials and Furukawa where we see valuation upgrade potential as well as Voltronic, a Taiwanese mid cap company in the electricity management and storage space.
- In software, we believe AI will more likely be deployed on top of existing stacks rather than replacing them. Most enterprises still lack clean, unified, “AI-ready” data, and privacy, security, and compliance challenges remain significant for third-party agents at scale.
- 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 across software.
Performance Overview
Data as of: Mar 5, 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 06/03/2026
Carmignac Portfolio Tech Solutions Portfolio overview
Below is an overview of the composition of the portfolio.
Geographical Breakdown
Data as of: Jan 30, 2026.| North America | 59.8 % |
| Asia | 34.5 % |
| Asia-Pacific | 3.3 % |
| Europe | 2.3 % |
| 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: Jan 30, 2026.Equity Investment Weight97.1 %
Net Equity Exposure90.6 %
Number of Equity Issuers43
Active Share59.6 %
To Access the weekly view
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.
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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.
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