Carmignac Multi Expertise

Share Class

A EUR Acc • FR0010149203

Risk Indicator

3 / 7

Recommended Minimum Investment Horizon

3 years

Cumulative Performance since launch Cumulative Performance 10 YearsCumulative Performance 5 YearsCumulative Performance 3 YearsCumulative Performance 12 Months

From 02/01/2002 To 09/09/2024

+ 104.2 %

+ 20.4 %

+ 11.7 %

- 3.6 %

+ 9.4 %

Calendar Year Performance 2014Calendar Year Performance 2015Calendar Year Performance 2016Calendar Year Performance 2017Calendar Year Performance 2018Calendar Year Performance 2019Calendar Year Performance 2020Calendar Year Performance 2021Calendar Year Performance 2022Calendar Year Performance 2023

+ 6.4 %

- 4.4 %

+ 7.8 %

+ 4.0 %

- 4.5 %

+ 5.7 %

+ 9.5 %

0.0 %

- 11.9 %

+ 5.1 %

Net Asset Value

204.11 €

Asset Under Management

233 M €

Market

Global market

SFDR - Fund Classification

Article 8

Data as of: 9 Sep 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. Until 17 March 2024, the name of the fund was Carmignac Profil Reactif 50 and the reference indicator was 30% MSCI AC WORLD (USD, Reinvested Net Dividends) + 70% ICE BofA Global Broad Market Index EUR Hedged. Quarterly Rebalanced. Performances are presented using the chaining method.The Sustainable Finance Disclosure Regulation (SFDR) 2019/2088 is a European regulation that requires asset managers to classify their funds as either 'Article 8' funds, which promote environmental and social characteristics, 'Article 9' funds, which make sustainable investments with measurable objectives, or 'Article 6' funds, which do not necessarily have a sustainability objective. For more information please refer to https://eur-lex.europa.eu/eli/reg/2019/2088/oj.

Diversified strategiesCarmignac Multi Expertise

Portfolio Composition

Discover the Fund's portfolio and allocation to get an overview of the distribution of its investments, to better understand its strategy, diversification and risk exposure.

Global Fund allocation

The global allocation details the distribution of investments between the different asset classes, such as equities, bonds, cash, etc. It provides an overview of the portfolio's composition and can be adjusted at any time according to market conditions.

Asset Allocation

Data as of: 30 Aug 2024.

Equity Strategies: 39.0 %

CARMIGNAC PORTFOLIO GRANDCHILDREN: 19.6 %

CARMIGNAC PORTFOLIO INVESTISSEMENT: 19.4 %

Fixed Income Strategies: 38.6 %

CARMIGNAC PORTFOLIO CREDIT: 19.4 %

CARMIGNAC PORTFOLIO GLOBAL BOND: 19.2 %

Alternative strategies: 20.0 %

CARMIGNAC ABSOLUTE RETURN EUROPE: 10.0 %

CARMIGNAC PORTFOLIO MERGER ARBITRAGE PLUS: 10.0 %

Cash, Cash Equivalents and Derivatives Operations: 2.4 %

TOP 10 Fund Positions

The main positions of Fund are classified according to their weighting and expressed as a percentage of the Fund's total assets.

Top Ten

Data as of: 30 Aug 2024.


NOVO NORDISK A/S	Denmark	Healthcare	2.5%
MICROSOFT CORP	USA	Information Technology	2.0%
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	Taiwan	Information Technology	1.4%
S&P GLOBAL INC	USA	Financials	1.4%
AMAZON.COM INC	USA	Consumer Discretionary	1.3%
HERMES INTERNATIONAL SCA	France	Consumer Discretionary	1.3%
COLGATE-PALMOLIVE CO	USA	Consumer Staples	1.3%
PROCTER & GAMBLE CO/THE	USA	Consumer Staples	1.2%
INTERCONTINENTAL EXCHANGE INC	USA	Financials	1.2%
UNITED STATES 1.50% 15/02/2053	USA	Investment Grade	1.2%

Total

15.0 %

Geographical Breakdown

The Fund’s exposure to specific country and region provides you with an insight on its diversification as well as the opportunities and risks involved. The geographic breakdown also provides an overview of the Fund's investment strategy and current positioning.

Geographical Breakdown

Data as of: 30 Aug 2024.


Europe	36.3 %	47.9 %	84.3 %
North America	55.0 %	12.1 %	67.1 %
Latin America	0.6 %	19.6 %	20.2 %
Asia	6.0 %	2.4 %	8.4 %
Eastern Europe	-	6.6 %	6.6 %
Africa	-	5.3 %	5.3 %
Asia-Pacific	2.0 %	2.6 %	4.6 %
Middle East	-	3.5 %	3.5 %
Total	100.0 %	100.0 %

Europe84.3 %


Germany	6.0 %	1.0 %
Austria	-	1.8 %
Belgium	0.3 %	-
Denmark	5.8 %	-
Spain	0.5 %	2.7 %
Finland	0.3 %	0.7 %
France	11.5 %	9.0 %
Greece	0.1 %	2.8 %
Ireland	1.2 %	7.8 %
Italy	1.6 %	6.5 %
Luxembourg	0.1 %	-
Norway	0.7 %	1.9 %
Netherlands	3.7 %	2.9 %
United Kingdom	1.5 %	6.4 %
Sweden	1.5 %	1.6 %
Switzerland	1.7 %	2.3 %
Jersey	-	0.1 %
Portugal	-	0.6 %

Net Currency Exposure

This illustration provides information on the currencies in which the Fund is exposed. This information helps to understand how changes in exchange rates can affect the Fund's performance. It provides information on both the Fund's investment strategy and its current positioning.

Net Currency Exposure of the Fund

Data as of: 30 Aug 2024.

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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.