Diversified strategies

Carmignac Multi Expertise

Share Class
A EUR AccFR0010149203

Carmignac Multi Expertise : 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

A balanced multi-asset strategy investing in equity, bond and alternative Carmignac Funds, while considering a responsible investment approach. The Fund’s objective is to outperform its reference indicator over a recommended investment period of at least three years.

Characteristics

General Characteristics
Management Company
Carmignac Gestion S.A
Legal Form
French mutual fund (FCP)
ISIN
FR0010149203
Bloomberg
CARREAC FP
Detailed Characteristics
SFDR - Fund Classification
Article 8
Risk Indicator

1

2

3

4

5

6

7

Lowest risk Highest risk
Recommended minimum investment horizon
3 years
Management
Diversified strategies
Reference Indicator
40% MSCI AC WORLD (USD, reinvested net dividends) + 40% ICE BofA Global Government Index USD unhedged (coupons reinvested) + 20% compounded €STR. Quarterly rebalanced.
Morningstar Category
Morningstar Category
EUR Moderate Allocation - Global
Net Asset Value & Assets Under Management
Date of 1st NAV
02/01/2002
Base Currency
EUR
Share class AUM
253 M€ (18/04/24)
Fund AUM
253 M€ / 269 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 16:30 CET

Fees

One-off costs upon entry or exit
Entry costs
4,00% of the amount you pay in when entering this investment. This is the most you will be charged. Carmignac Gestion doesn't charge any entry fee. The person selling you the product will inform you of the actual charge.
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
2,05% of the value of your investment per year. This estimate is based on actual costs over the past year.
Transaction Cost
0,58% 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% max. of the outperformance once performance since the start of the year exceeds that of the reference indicator and if no past underperformance still needs to be offset. 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
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.
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.
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.
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.
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.