Fixed income strategies

Carmignac Credit 2029

Share Class

FR001400KAV4

Fixed income strategiesCarmignac Credit 2029
Fixed income strategiesCarmignac Credit 2029
Share Class

FR001400KAV4

Overview

Characteristics & Risks

Performance

Portfolio

ESG

Documents

Carmignac Credit 2029 ESG Breakdown

This section contains the information relating to the ESG breakdown of the Fund.

Carmignac Credit 2029 ESG Breakdown

The binding elements of the investment strategy used to select investments, and to attain each of the environmental or social characteristics promoted by this financial product, are:
  • The investment universe for corporate bonds is actively reduced by at least 20%;
  • Securitization instruments rated D and E in the START proprietary ESG tools are excluded from the fund’s investment universe;
  • ESG analysis is applied to at least 90% of securities.
View all ESG documents

UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS (SDGS)

The graph illustrates the percentage of assets in the portfolio that are aligned with the United Nations Sustainable Development Goals. This enables us to measure the contribution of our investments to achieving these global objectives.

By promoting sustainable development, poverty reduction, environmental protection, health, education and many other areas, these investments go beyond traditional financial objectives by integrating social and environmental considerations into their management.

Alignment with the UN Sustainable Development Goals (% of Net Assets)

Data as of:  28 Mar 2024.
Assets Aligned with SDGs
25.7 %
SDG Operational Alignement : SDG Operational Alignement
25.7 %
Not in line with the United Nations Sustainable Development Goals (SDGs)
74.3 %
Total
25.7 %
Our outcomes framework

Top 5 ESG Breakdown

The Top 5 ESG ratings highlight the 5 positions with the best sustainable ratings among the fund's investments.

The Top 5 active weightings show the positions that have been overweighted relative to the benchmark, illustrated by their ESG ratings. This highlights the main divergences between the composition of the fund's portfolio and that of the benchmark.

Top 5 ESG Rated Portfolio Holdings

Data as of:  28 Mar 2024.
Company
IBERDROLA FINANZAS SAU
APA INFRASTRUCTURE LTD
BAWAG GROUP AG
ENEL FINANCE INTERNATIONAL NV
UBS GROUP AG
ESG Rating
AAA
AAA
AAA
AAA
AA
Source: MSCI ESG

Top 5 Active Weights and ESG Scores

Data as of:  28 Mar 2024.
Company
EUROBANK SA
NATIONAL BANK OF GREECE SA
OTP BANK NYRT
ENI SPA
UNICREDIT SOCIETA PER AZIONI
ESG Rating
A
A
A
A
AA
Source: MSCI ESG

Carmignac Credit 2029 VS. Reference Indicator

The graph compares the distribution of ESG ratings for the fund's investments with the distribution of ESG ratings for the assets of its benchmark.

MSCI ESG Score Portfolio vs. Reference Indicator (%)

Data as of:  28 Mar 2024.
Leader
Average
Laggard
Fund (Equity + Corporate Bonds)
Reference Indicator
Source:
View portfolioView documents
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.