Fixed income strategies

Carmignac Credit 2027

FCPGlobal marketSRI Fund Article 8
Share Class

FR0014008223

Investing in credit markets with visibility and diversification
  • A buy and hold carry strategy over a set 5-year period offering investors the possibility to recover their capital before maturity under certain pre-set conditions.
  • A conviction-driven investment process to build up a broadly diversified portfolio of credit securities.
Key documents
Asset Allocation
Bonds98 %
Other2 %
Data as of:  28 Mar 2024.
Risk Indicator
2/7
Recommended Minimum Investment Horizon
5 years
Cumulative Performance since launch
+ 18.0 %
-
-
-
+ 11.9 %
From 02/05/2022
To 11/04/2024
Calendar Year Performance 2023
-
-
-
-
-
-
-
-
+ 1.9 %
+ 13.2 %
Net Asset Value
118.0 €
Asset Under Management
1 161 M €
Market
Global market
SFDR - Fund Classification

Article

8
Data as of:  11 Apr 2024.
​Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor).

Carmignac Credit 2027 fund performance

Performance Overview

Data as of:  15 Apr 2024.

Carmignac Credit 2027 Portfolio overview

Below is an overview of the composition of the portfolio.

Geographical Breakdown

Data as of:  28 Mar 2024.
Europe83.1 %
Eastern Europe6.9 %
Latin America3.3 %
North America2.7 %
Middle East2.0 %
Asia1.0 %
Africa0.9 %
Asia-Pacific0.3 %
Total % of bonds100.1 %
Europe83.1 %
ieIreland
35.2 %
frFrance
8.1 %
itItaly
8.1 %
esSpain
7.0 %
gbUnited Kingdom
5.1 %
Grèce
3.9 %
nlNetherlands
3.4 %
deGermany
2.2 %
Norvège
2.0 %
beBelgium
1.7 %
chSwitzerland
1.7 %
ptPortugal
1.4 %
atAustria
1.2 %
Suède
1.0 %
dkDenmark
0.6 %
fiFinland
0.2 %
Jersey
0.1 %
Luxembourg
0.1 %

Key figures

Below are the key figures for the Fund, which will give you a clearer idea of the Fund's management and bond positioning.

Exposure Data

Data as of:  28 Mar 2024.
Modified Duration2.2
Yield to Worst5.8 %
Yield to Maturity6.0 %
Average Coupon5.9 %
Number of Issuers252
Number of Bonds366
Average RatingBBB+

The strategy in a nutshell

Discover the Fund’s main features and benefits through the words of the Fund Managers.
Fund Management Team
[Management Team] [Author] Verle Pierre

Pierre Verlé

Head of Credit, co-Head of Fixed Income, Fund Manager
[Management Team] [Author] Viros Florian

Florian Viros

Fund Manager
Our selective approach, as well as the team's expertise in the various segments of the credit universe, allows us to offer an alternative to traditional financial products, combining visibility and diversification.
[Management Team] [Author] Verle Pierre

Pierre Verlé

Head of Credit, co-Head of Fixed Income, 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.