Carmignac Credit 2025 A EUR Ydis/  FR0013515996  /

The investment objective is to deliver annualised performance in excess of 1.90%, measured from the unit creation date (30/10/2020) to 31/10/2025 (the "Maturity Date"). The investment strategy consists in creating a diversified portfolio of debt securities and securitisation instruments to be held until the Maturity Date. The portfolio may be made up of securities of any maturity, including those maturing after the fund's Maturity Date. The portfolio's weighted average rating at the end of the creation phase will be at least investment grade. A financial instrument whose rating worsens over the fund's lifecycle will not necessarily be sold. As such, the portfolio's weighted average rating may fall (including below investment grade) if one or more of the securities in the portfolio has its rating downgraded.

The investment objective is to deliver annualised performance in excess of 1.90%, measured from the unit creation date (30/10/2020) to 31/10/2025 (the "Maturity Date").