Purpose of the website

The website www.carmignac.com is an informational website designed to present the portfolio management business of CARMIGNAC GESTION S.A. and its Luxembourg subsidiary CARMIGNAC GESTION LUXEMBOURG S.A., along with key information about its funds and services.

Type of information available on the website

This is not a transactional website.

Carmignac may change any of the information contained herein without notice. The information published on the site is not a proposal or advice concerning any investment or arbitrage of transferable securities or any other asset management or investment product.

Carmignac, its employees, its contributors and its data providers shall not be held liable for any use of this information or any resulting consequences, particularly in terms of the decisions that may be made or actions that may be taken on the basis of this information.

Website access

Access to products and services detailed on the website may be restricted for certain persons or countries, and in particular for US and UK investors who are governed by specific legislation.

In particular, it is specified that the UCI have not been and will not be registered with the US Securities and Exchange Commission as stipulated by the Investment Company Act of 1940 and its amendments or any other regulation governing transferable securities. Consequently, none of the prospectuses published on this website may be brought into, sent to or distributed in the United States of America, its territories or possessions, or given to US institutional residents or companies, associations or other entities created under or governed by US law (all the aforementioned constituting a “US person” for the purposes of Regulation S in application of the United States Securities Act 1993). Moreover, the UCI may not be offered or sold to US investors.

More generally, the products and services presented on this website may only be purchased in jurisdictions in which their marketing and distribution are authorised.

CARMIGNAC GESTION advises all interested parties to check in advance whether they are legally entitled to purchase the products and/or services presented on the website.

None of the products or services presented here will be provided to a person if the law of his/her country of origin, or any other country to whose jurisdiction he/she is subject, prohibits it. The reader of this message is asked to ensure that he/she is legally entitled to consult this website in the country from which the connection has been established.


No hyperlinks to the website may be created without the consent of CARMIGNAC GESTION.

Permission must be sought from CARMIGNAC GESTION prior to creating any such links. Your request should be sent to the Partners and Institutional Clients Department, 24, place Vendôme, 75001 Paris or by filling in the contact form.

Copyright and intellectual property

The website along with all its constituent elements and in particular: the text, static or animated images, audio files, graphics standards, databases, etc., are the exclusive property of CARMIGNAC GESTION and are protected under the Intellectual Property Code.

By way of exception, certain content (data, graphics) is the property of its respective authors.

Accordingly, it is strictly forbidden to copy or reproduce all or part of this website or any of its elements without the prior express consent of CARMIGNAC GESTION, failure to comply shall constitute counterfeiting punishable under the Intellectual Property Code and Penal Code.

All trademarks, corporate names and logos used on this website have been registered. Any full or partial reproduction thereof using elements of the website is prohibited.

Governing law

This website is governed by French law. Any legal proceedings involving this website must be brought before French Courts.

Hosting of the site: OCTOPUCE SARL with capital of €50,000, 25 rue Popincourt 75011 PARIS, registered with the Paris Trade and Companies Register under number RCS Paris B 480 189 067.

Legal Information

The information presented above is not contractually binding, nor does it constitute investment advice. This information may be partial information and may be modified without prior notice. Access to the Funds may be subject to restrictions regarding certain persons or countries. The Funds may not be offered or sold, directly or indirectly, for the benefit or on behalf of a "U.S. person", according to the definition of the US Regulation S and/or FATCA. The Funds present a risk of loss of capital. The risks, fees and ongoing charges are described in the KIIDs (Key Investor Information Document). The Funds' respective prospectuses, KIIDs, NAV and annual reports are available in English on this website, or upon request to the Management Company. The KIIDs must be made available to the subscriber prior to subscription. The investor should read the KIID for further information.