Equity strategies

Carmignac Portfolio Climate Transition

Share Class

LU0992629237

Carmignac Portfolio Climate Transition : 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

Carmignac Portfolio Climate Transition is a thematic equity fund (UCITS) investing in innovative companies that are actively addressing or contributing to climate change mitigation across the whole renewable energy and industry value chains. The Fund seeks to generate attractive returns by investing in long-term sustainable growth sectors and companies at the heart of the “green” revolution, while positively contributing to the environment by helping to transition to a lower carbon economy. In pursuing this outcome, the Fund will invest in companies that provide low carbon solutions (green power generation, green mobility, green building), enable emissions reductions or energy efficiency or undertake activities that contribute to a transition to net zero emissions by 2050, including companies involved in a more efficient extraction of commodities that is key to mitigating climate change. The Fund’s objective is to outperform its reference indicator over five years.

Characteristics

General Characteristics
Management Company
Carmignac Gestion Luxembourg S.A
Legal Form
Luxembourg SICAV sub-fund
ISIN
LU0992629237
Bloomberg
CARCMFE LX
Detailed Characteristics
SFDR - Fund Classification
Article 8
Risk Indicator

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Lowest risk Highest risk
Recommended minimum investment horizon
5 years
Management
Equity strategies
Reference Indicator
MSCI ACWI (USD) (Reinvested net dividends)
Morningstar Category
Morningstar Category
Sector Equity Ecology
Net Asset Value & Assets Under Management
Date of 1st NAV
15/11/2013
Base Currency
EUR
Share class AUM
26 M€ (11/04/24)
Fund AUM
208 M€ / 222 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 18:00 CET

Fees

One-off costs upon entry or exit
Entry costs
We do not charge an entry fee. 
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
1,15% of the value of your investment per year. This estimate is based on actual costs over the past year.
Transaction Cost
0,32% 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% when the share class overperforms the Reference indicator during the performance period. It will be payable also in case the share class has overperformed the reference indicator but had a negative performance. Underperformance is clawed back for 5 years. 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
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.
Commodities
Changes in commodity prices and the volatility of the sector may cause the net asset value to fall.
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.
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.
Carmignac Portfolio is a sub-fund of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive.
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.