A flexible investment solution for greater diversification
Characterised by its flexible approach, Carmignac Portfolio Unconstrained Credit aims to offer an optimal risk/return profile for investors seeking to take advantage of the global credit cycle. Its opportunistic and active philosophy gives the Fund the ability to benefit from a wide investment universe, and to swiftly adapt to changing scenarios in order to capture attractive returns. The Fund aims to outperform its Reference Indicator1 over a minimum investment period of two years.
Benefit from an unconstrained investment approach
The portfolio follows a conviction-driven and non-benchmarked approach, based on the Fund Managers’ views and market analysis. Combining with macroeconomic analysis and a rigorous bottom-up selection, we seek to optimise risk management.
The Fund’s unconstrained nature derives mostly from its flexible allocation to its key performance drivers with no restriction in terms of sector or geography2.
A flexible allocation to credit markets
An experienced investment team
Carmignac Portfolio Unconstrained Credit is co-managed by Pierre Verlé, Head of Credit, and Alexandre Deneuville, Fixed Income Fund Manager and has 18 months3 of track record. Pierre and Alexandre draw on the expertise of the wider fixed income team, composed of 12 fund managers and analysts.
MAIN RISKS OF THE FUND
CREDIT: Credit risk is the risk that the issuer may default. INTEREST RATE: Interest rate risk results in a decline in the net asset value in the event of changes in interest rates. CURRENCY: Currency risk is linked to exposure to a currency other than the Fund’s valuation currency, either through direct investment or the use of forward financial instruments. DISCRETIONARY MANAGEMENT: Anticipations of financial market changes made by the Management Company have a direct effect on the Fund's performance, which depends on the stocks selected.
The Fund presents a risk of loss of capital.