Carmignac Portfolio Credit A EUR Acc

Estrategia de inversión

The Sub-Fund’s investment objective is to outperform its reference indicator, on an annual basis, over a minimum investment period of two years. In order to outperform the reference indicator, this Sub-Fund is mainly invested in a wide spectrum of corporate-issued debt instruments and securitisation instruments (such as described in Part B point 3.4 of the prospectus). The Sub-Fund may also be invested, on an ancillary basis, in government bonds, and exposed, within the limits specified below, to equities and currencies. The Sub-Fund is constructed on the basis of an active and unconstrained management strategy. Investments are made on a discretionary basis without restriction in terms of sector and across all geographical regions, though investments on emerging markets are limited to 25% of the Sub Fund’s net assets.