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Carmignac Portfolio Grandchildren once again rewarded
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We are honoured to announce that Carmignac Portfolio Grandchildren has won the Globes de la Gestion 2023 award in the "Thematic Equity - Social" category.
Carmignac Portfolio Grandchildren invests in quality companies in developed markets. Across a structured and quantifiable investment process, the Fund identifies companies that reinvest their earnings to develop their businesses, allowing them to remain profitable over time. By adopting this long-term vision, the Fund seeks to build a legacy not only for the investors themselves but one that can be passed on from one generation to the next. With this objective of transmission through the generations, we are convinced that, as investors, it is our responsibility to create value for our clients through a sustainable approach, and thus preserve our world for future generations.
The Globes de la Gestion reward funds that have been able to create outperformance over the long term while also withstanding significant market downturns in recent years.
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Methodology
Quantalys and Gestion de Fortune establish a ranking of funds based on two important criteria: the maximum loss and the volatility during market downturns. To select these funds, they examine the Sortino index over a period of 3 years1. This measures the excess return of a fund compared to a risk-free investment by evaluating only downside volatility. In other words, this means that volatility (the amplitude of variations in a value around its average) is only a problem on the downside.
In addition, in order to highlight funds that have shown resilience in the event of a crash, only funds whose maximum loss over the past 3 years is less than the average maximum loss of their respective category are included in the ranking.
1Source: Gestion de Fortune, data as of 30/06/2023, https://www.lesglobesdelagestion.com/.
Carmignac Portfolio Grandchildren A EUR Acc
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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.
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.
Carmignac Portfolio Grandchildren A EUR Acc
2019 | 2020 | 2021 | 2022 | 2023 |
2024 (YTD) ? Year to date |
|
---|---|---|---|---|---|---|
Carmignac Portfolio Grandchildren A EUR Acc | +15.47 % | +20.28 % | +28.38 % | -24.16 % | +23.04 % | +17.93 % |
Reference Indicator | +15.49 % | +6.33 % | +31.07 % | -12.78 % | +19.60 % | +16.08 % |
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3 Years | 5 Years | 10 Years | |
---|---|---|---|
Carmignac Portfolio Grandchildren A EUR Acc | +5.89 % | +12.82 % | - |
Reference Indicator | +10.14 % | +12.68 % | - |
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Source: Carmignac at 31/07/2024
Entry costs : | 4,00% of the amount you pay in when entering this investment. This is the most you will be charged. Carmignac Gestion doesn't charge any entry fee. The person selling you the product will inform you of the actual charge. |
Exit costs : | We do not charge an exit fee for this product. |
Management fees and other administrative or operating costs : | 1,70% of the value of your investment per year. This estimate is based on actual costs over the past year. |
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. |
Transaction Cost : | 0,26% 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. |