Share Class
FR001400KAV4
Investing in credit markets with visibility and diversification
- A buy-and-hold strategy running until 2029, combining visibility with a target performance objective.*
- A conviction-based investment process to build a diversified portfolio of credit securities rated investment grade on average.
Key documents
Data as of: 28 Mar 2024.
Risk Indicator
2/7
Recommended Minimum Investment Horizon
5 years
Net Asset Value
106.8 €
Asset Under Management
178 M €
Market
Global market
SFDR - Fund Classification
Article
8
Data as of: 28 Mar 2024.
Data as of: 25 Apr 2024.
Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged.
Performance data not yet available
Due to European regulations, we are not permitted to show the performance of the Funds as it does not have a one year track record yet.
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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 Duration3.0
Yield to Worst5.9 %
Yield to Maturity6.2 %
Average Coupon5.7 %
Number of Issuers152
Number of Bonds184
Average RatingBBB-
Yield to Maturity (EUR) & Yield to Worst (EUR) : Calculated in euro, at the fixed income bucket level.
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](https://carmignac.imgix.net/uploads/NextImage/0001/18/%5BManagement-Team%5D-Verl%C3%A9-Pierre.png?auto=format%2Ccompress&fit=fill&w=3840)
Pierre Verlé
Head of Credit, co-Head of Fixed Income, Fund Manager
![[Management Team] [Author] Deneuville Alexandre](https://carmignac.imgix.net/uploads/NextImage/0001/18/%5BManagement-Team%5D-Deneuville-Alexandre.png?auto=format%2Ccompress&fit=fill&w=3840)
Alexandre Deneuville
Fund Manager
![[Management Team] [Author] Viros Florian](https://carmignac.imgix.net/uploads/NextImage/0001/18/%5BManagement-Team%5D-Viros-Floria.png?auto=format%2Ccompress&fit=fill&w=3840)
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.
Pierre Verlé
Head of Credit, co-Head of Fixed Income, Fund Manager
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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.
The information presented above is not contractually binding and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor), where applicable. Investors may lose some or all of their capital, as the capital in the UCI is not guaranteed. Access to the products and services presented herein may be restricted for some individuals or countries. Taxation depends on the situation of the individual. The risks, fees and recommended investment period for the UCI presented are detailed in the KIDs (key information documents) and prospectuses available on this website. The KID must be made available to the subscriber prior to purchase.). The reference to a ranking or prize, is no guarantee of the future results of the UCITS or the manager.