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Carmignac's Note
2019, or the conclusion of the three-way collision
The end of a given monetary policy stimulus unavoidably raises the cost of risk, thereby reducing price/earnings ratios
Our Insights
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![[Lettre Edouard Carmignac] [Main media] Edouard Carmignac](/uploads/article/0001/01/a86d5f15d663c68af7c180a5c11c80ff745bece2.jpeg "[Lettre Edouard Carmignac] [Main media] Edouard Carmignac")
![[Management Report] [Small Tile] Financial Chart](/uploads/article/0001/03/d9a19094338f971f46e2f2432efe10747b64090e.jpeg "[Management Report] [Small Tile] Financial Chart")
![[Web Conference] [Main Media] Equities Background](/uploads/article/0001/06/c3061e22ad79fc61bfcdec0e1baebf177a8d17af.jpeg "[Web Conference] [Main Media] Equities Background")
![[Web Conference] [Small Tile] Charles Zerah](/uploads/article/0001/06/943e13ae168984e276b63d26197a3c67581086af.png "[Web Conference] [Small Tile] Charles Zerah")
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News
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NAV & performances
At 13/12/2018. Past performance is not necessarily indicative of future performance.
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Charles Zerah - Best Fund Manager
Global, Citywire - Switzerland
April 2017 -
Carmignac Patrimoine - Best Mixed Fund - 20 years
€uro Fund Award 2018 - Germany
February 2018 -
Carmignac Portfolio Patrimoine - Best Global Asset Allocation Fund
TFF-Bloomberg Best Fund - Taiwan
March 2017
At 13/12/2018. Past performance is not necessarily indicative of future performance.
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Equity management
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NAV 1 097.26 €D-1 -0.37
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NAV 95.79 €D-1 -0.36
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NAV 787.42 €D-1 0.61
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NAV 95.35 €D-1 0.59
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NAV 266.99 €D-1 -0.67
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NAV 332.84 €D-1 0.01
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NAV 114.96 €D-1 -0.02
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NAV 1 420.07 €D-1 0.87
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NAV 188.78 €D-1 -0.08
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Mixed Management
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NAV 582.97 €D-1 -0.05
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NAV 92.20 €D-1 -0.04
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NAV 103.94 €D-1 0.13
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NAV 373.51 €D-1 0.26
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NAV 130.82 €D-1 0.28
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NAV 97.38 €
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NAV 227.50 €D-1 -0.52
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NAV 96.73 €D-1 -0.51
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Fixed income management
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NAV 1 702.46 €D-1 0.04
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NAV 98.69 €D-1 0.04
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NAV 1 135.98 €D-1 0.05
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NAV 1 341.77 €D-1 0.05
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NAV 3 729.02 €
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NAV 94.66 €D-1 -0.07
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Profiled management
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NAV 179.02 €D-1 0.10
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NAV 220.28 €D-1 0.12
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NAV 202.49 €D-1 0.13
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Contact us
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