Carmignac Portfolio Grande Europe IW EUR Acc/  LU2420652807  /

The sub-fund aims to outperform its reference indicator (the Stoxx 600 NR (EUR) index) over a period exceeding five years. In addition, it seeks to invest sustainably for long-term growth. The sub-fund is a European equity sub-fund which invests at least 75% of its assets in equities in the European Economic Area. The sub-fund may also be invested up to 25% of its assets in equities in the OECD countries outside of the European Economic Area. The fund can invest up to 10% of the net assets in bonds with a rating below investment grade. 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 uses derivatives for hedging or arbitrage purposes, or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, equities (all categories of capitalisation), ETFs, dividends, volatility, variance (the latter two categories for up to 10% of net assets) and commodities.

The sub-fund aims to outperform its reference indicator (the Stoxx 600 NR (EUR) index) over a period exceeding five years. In addition, it seeks to invest sustainably for long-term growth.