Carmignac PF Investissem.A USD Acc H/  LU1299311677  /

The sub-fund aims to outperform its reference indicator over a period exceeding five years. In addition, it seeks to invest sustainably for long-term growth. The reference indicator is the MSCI AC WORLD NR (USD) index. It is converted into euro for EUR units and hedged units, and into the reference currency of the unit class for unhedged units. The sub-fund is invested in international equity markets all over the world. Its main performance drivers are as follows: (i) Equities: at least 60% of the sub-fund's net assets is permanently exposed to international equities (all capitalisations, without restrictions in terms of sector or region, including emerging countries). Up to 10% of the Fund's net assets may be invested in unlisted securities selected by the portfolio manager and (ii) Currencies: the sub- fund may use currencies other than the Fund's valuation currency for exposure or hedging purposes. The manager may use Relative Value strategies as performance drivers, looking to take advantage of the relative value between different instruments. Short positions may also be taken through derivatives. The sub-fund may be invested in transferable debt securities and bonds on an ancillary basis.

The sub-fund aims to outperform its reference indicator over a period exceeding five years. In addition, it seeks to invest sustainably for long-term growth. The reference indicator is the MSCI AC WORLD NR (USD) index. It is converted into euro for EUR units and hedged units, and into the reference currency of the unit class for unhedged units.