How unprecedent market moves can create opportunities?
2022 has been the most challenging year in the history of fixed income markets with interest rate volatility soaring and driving all of the other asset classes.
As we learn to live with the new inflation regime (higher for longer) but also with central banks’ support fading away at an unprecedented pace, we also realize that this environment is best suited for active and flexible fixed income funds with no material boundaries in terms of duration exposure or allocations Funds such as Carmignac Portfolio Flexible Bond.
Eliezer deciphered the macro environment and discussed our positioning in Carmignac Portfolio Flexible Bond.
Carmignac Portfolio Flexible Bond F EUR Acc
Recommended minimum investment horizon
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INTEREST RATE: Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.
CREDIT: Credit risk is the risk that the issuer may default.
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.
EQUITY: The Fund may be affected by stock price variations, the scale of which is dependent on external factors, stock trading volumes or market capitalization.
The Fund presents a risk of loss of capital.
* Risk Scale from the KID (Key Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time.
Marketing communication. Please refer to the KID, prospectus of the fund before making any final investment decisions. This document is intended for professional clients.
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