Fixed income strategies

Carmignac Credit 2027

FCPGlobal marketSRI Fund Article 8
Share Class

FR00140081Z8

Investing in credit markets with visibility and diversification
  • A buy and hold carry strategy over a set 5-year period offering investors the possibility to recover their capital before maturity under certain pre-set conditions.
  • A conviction-driven investment process to build up a broadly diversified portfolio of credit securities.
Asset Allocation
Bonds94.3 %
Other5.7 %
Data as of:  28 Jun 2024.
Risk Indicator
2/7
Recommended Minimum Investment Horizon
5 years
Cumulative Performance since launch
+ 16.9 %
0.0 %
0.0 %
0.0 %
+ 8.8 %
From 02/05/2022
To 11/07/2024
Calendar Year Performance 2023
-
-
-
-
-
-
-
-
+ 1.7 %
+ 12.8 %
Net Asset Value
115.28 €
Asset Under Management
1 427 M €
Market
Global market
SFDR - Fund Classification

Article

8
Data as of:  11 Jul 2024.
​Past performance is not necessarily indicative of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor). The return may increase or decrease as a result of currency fluctuations, for the shares which are not currency-hedged. The Sustainable Finance Disclosure Regulation (SFDR) 2019/2088 is a European regulation that requires asset managers to classify their funds as either 'Article 8' funds, which promote environmental and social characteristics, 'Article 9' funds, which make sustainable investments with measurable objectives, or 'Article 6' funds, which do not necessarily have a sustainability objective. For more information please refer to https://eur-lex.europa.eu/eli/reg/2019/2088/oj.

Carmignac Credit 2027 fund performance

Performance Overview

Data as of:  13 Jul 2024.

Carmignac Credit 2027 Portfolio overview

Below is an overview of the composition of the portfolio.

Geographical Breakdown

Data as of:  28 Jun 2024.
Europe83.0 %
Eastern Europe6.1 %
North America3.6 %
Latin America2.9 %
Middle East2.0 %
Asia1.4 %
Africa0.8 %
Asia-Pacific0.3 %
Total % of bonds100.0 %
Europe83.0 %
ieIreland
35.5 %
itItaly
7.9 %
frFrance
7.6 %
esSpain
6.7 %
gbUnited Kingdom
5.1 %
Grèce
3.8 %
deGermany
3.1 %
nlNetherlands
2.9 %
Norvège
2.1 %
beBelgium
1.4 %
chSwitzerland
1.4 %
ptPortugal
1.4 %
Luxembourg
1.2 %
atAustria
1.1 %
Suède
0.9 %
dkDenmark
0.5 %
fiFinland
0.3 %
Jersey
0.1 %

Key figures

Below are the key figures for the Fund, which will give you a clearer idea of the Fund's management and bond positioning.

Exposure Data

Data as of:  28 Jun 2024.
Modified Duration1.9
Yield to Maturity5.6 %
Average Coupon5.9 %
Number of Issuers261
Number of Bonds381
Average RatingBBB+
Yield to Maturity (EUR): The Yield to Maturity (EUR) is the estimated annual rate of return in EUR expected on a bond if held until maturity and assuming all payments made as scheduled and reinvested at this rate. For perpetual bonds, the next call date is used for computation. Note that the yield shown does not take into account fees and expenses of the Fund. The portfolio’s YTM (EUR) is the weighted average individual bonds holdings' YTMs (EUR) within the portfolio.

The strategy in a nutshell

Discover the Fund’s main features and benefits through the words of the Fund Managers.
Fund Management Team
[Management Team] [Author] Verle Pierre

Pierre Verlé

Head of Credit, co-Head of Fixed Income, Fund Manager
[Management Team] [Author] Viros Florian

Florian Viros

Fund Manager
Our selective approach, as well as the team's expertise in the various segments of the credit universe, allows us to offer an alternative to traditional financial products, combining visibility and diversification.
[Management Team] [Author] Verle Pierre

Pierre Verlé

Head of Credit, co-Head of Fixed Income, Fund Manager
View Fund's characteristics
Reference to certain securities and financial instruments is for illustrative purposes to highlight stocks that are or have been included in the portfolios of funds in the Carmignac range. This is not intended to promote direct investment in those instruments, nor does it constitute investment advice. The Management Company is not subject to prohibition on trading in these instruments prior to issuing any communication. The portfolios of Carmignac funds may change without previous notice.
The reference to a ranking or prize, is no guarantee of the future results of the UCIS or the manager.
The Fund is a common fund in contractual form (FCP) conforming to the UCITS Directive under French law.
The information presented above is not contractually binding and does not constitute investment advice. Past performance is not a reliable indicator of future performance. Performances are net of fees (excluding possible entrance fees charged by the distributor), where applicable. Investors may lose some or all of their capital, as the capital in the UCI is not guaranteed. Access to the products and services presented herein may be restricted for some individuals or countries. Taxation depends on the situation of the individual. The risks, fees and recommended investment period for the UCI presented are detailed in the KIDs (key information documents) and prospectuses available on this website. The KID must be made available to the subscriber prior to purchase.). The reference to a ranking or prize, is no guarantee of the future results of the UCITS or the manager.