Alternative strategies

Carmignac Portfolio Inflation Solution

Luxembourg SICAV sub-fund
Share Class

LU2715954413

Risk Indicator
3/7
Recommended Minimum Investment Horizon
5 years
Net Asset Value
104.32 €
Asset Under Management
32 M €
Market
Thematic Fund
SFDR - Fund Classification

Article

Data as of:  12 Nov 2024.
​Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor).

Carmignac Portfolio Inflation Solution : Characteristics & Risks

You may find in this section information on characteristics, costs, and risks of the Fund. ​If you have any questions, please do not hesitate to contact Carmignac for further details and assistance.​

Investment Universe and Objective

The fund seeks to achieve total return, targeted to be above Eurozone inflation over the recommended investment period of more than five (5) years, through capital growth, income and relative-value trades. To reach this objective, the fund will invest in a wide range of traditional assets (e.g. equities, bonds, money markets and currencies) and in some inflation-sensitive assets (e.g. commodities such as gold and copper and inflation-linked instruments.)
This Sub-Fund is an actively managed UCITS. The investment manager has discretion over the composition of its portfolio, subject to the stated investment objectives and policy.
This sub-fund does neither have sustainable investment as its objective in accordance with article 9(1) of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (“SFDR”), nor does it promote environmental or social characteristics in accordance with article 8(1) SFDR. For further information on the exposure of the Sub-Fund’s investments to sustainability risks, please refer to section 29 of the General Section of this prospectus.

Characteristics

General Characteristics
Management Company
Carmignac Gestion Luxembourg S.A
Legal Form
Luxembourg SICAV sub-fund
ISIN
LU2715954413
Bloomberg
CAPISIE LX
Detailed Characteristics
SFDR - Fund Classification
Article
Risk Indicator

1

2

3

4

5

6

7

Lowest risk Highest risk
Recommended minimum investment horizon
5 years
Management
Alternative strategies
Reference Indicator
N.A.
Morningstar Category
Morningstar Category
N.A.
Net Asset Value & Assets Under Management
Date of 1st NAV
15/12/2023
Base Currency
EUR
Share class AUM
31 M€ (12/11/24)
Fund AUM
32 M€ / 34 M$
Dividend Policy
Accumulation
Capital Guarantee
No
NAV Frequency
Daily, except on French public holidays for FCP/SICAV; UK bank holidays for OEIC; Stock market holidays in the US, China and Hong Kong for China New Economy Funds. 
Subscribe to NAVs
Order Placement Cut-Off Time
Before 18:00 CET

Fees

One-off costs upon entry or exit
Entry costs
We do not charge an entry fee. 
Exit costs
We do not charge an exit fee for this product.
Ongoing costs taken each year
Management fees and other administrative or operating costs
1,06% of the value of your investment per year. This estimate is based on actual costs over the past year.
Transaction Cost
0,22% of the value of your investment per year. This is an estimate of the costs incurred when we buy and sell the investments underlying the product. The actual amount varies depending on the quantity we buy and sell.
Incidental costs taken under specific conditions
Performance fees
20,00% when the share class overperforms the Reference indicator during the performance period. It will be payable also in case the share class has overperformed the reference indicator but had a negative performance. Underperformance is clawed back for 5 years. The actual amount will vary depending on how well your investment performs. The aggregated cost estimation above includes the average over the last 5 years, or since the product creation if it is less than 5 years.

Risks

Main Risks of the Fund
Counterparty Risk
The Fund may suffer losses if a counterparty defaults and is unable to meet its contractual obligations.
Liquidity
The Fund may hold securities with reduced market exchange volumes and which may, in certain circumstances, be relatively illiquid. The Fund is therefore exposed to the risk that it may not be possible to liquidate a position in the desired time frame and at the desired price.
Risk of Capital Loss
The portfolio does not guarantee or protect the capital invested. Capital loss occurs when a unit is sold at a lower price than that paid at the time of purchase.
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.