Alternative strategies

Carmignac Absolute Return Europe

FCPEuropean marketArticle 8
Share Class

FR001400JG56

An opportunistic and style agnostic long/short approach to European equities
  • A diversified portfolio, based on a top-down and bottom-up approach, to take advantage of market inefficiencies.
  • Active management of the net equity exposure (-20% to +50%).
Key documents
Risk Indicator
2/7
Recommended Minimum Investment Horizon
3 years
Net Asset Value
106.4 €
Asset Under Management
217 M €
Market
European market
SFDR - Fund Classification

Article

8
Data as of:  20 Jun 2024.
​Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor).

Carmignac Absolute Return Europe Portfolio overview

Below is an overview of the composition of the portfolio.

Geographical Breakdown

Data as of:  14 Jun 2024.
Europe EUR23.3 %
North America13.0 %
Europe ex-EUR8.5 %
Other countries7.6 %
Equity Basket Derivatives1.3 %
Index Derivatives-32.0 %
Total % of alternative21.7 %
Europe EUR23.3 %
deGermany
7.4 %
nlNetherlands
6.4 %
frFrance
4.2 %
ieIreland
2.2 %
itItaly
2.0 %
grGreece
0.8 %
beBelgium
0.6 %
esSpain
0.4 %
Luxembourg
0.1 %
atAustria
-0.3 %
fiFinland
-0.6 %

The strategy in a nutshell

Discover the Fund’s main features and benefits through the words of the Fund Managers.
Fund Management Team

Johan Fredriksson

Fund Manager

Dean Smith

Fund Manager
Our objective is to provide a long-term absolute capital growth thanks to our dynamic and opportunistic take on European equities.

Dean Smith

Fund Manager
View Fund's characteristics
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.
The Fund is a common fund in contractual form (FCP) conforming to the UCITS Directive under French law.