[Management Team] [Author] Carmignac Edouard
I was not aware of being a pioneer or that our successful formula would be copied by many of our competitors. It has become an important asset class.
Edouard Carmignac, Chairman and CIO

BACK TO BASICS

PATRIMOINE, AN ASSET ALLOCATION SOLUTION SINCE 1989

A VAST INVESTMENT UNIVERSE

Gain access to multiple performance drivers (bonds, equities and currencies) to seize opportunities with no sectoral or geographical constraints.

A DYNAMIC AND FLEXIBLE APPROACH

Benefit from true flexibility to adapt rapidly to market fluctuations thanks to active management of exposures.

RISK MANAGEMENT AT THE HEART OF THE MANDATE

Manage risks with a twofold objective: cushion market falls and exploit opportunities when they arise.

THE ADVANTAGES OF CARMIGNAC’S “PATRIMOINE” APPROACH

Carmignac, recognised for its strong macroeconomic convictions, has stuck to its investment approach since 1989 while constantly adapting to react better to increasingly complex environments.

The strengths of our historical tools…


… continuously refined

To face complex market configurations and continue to best serve our clients, we always strive to evolve and improve. Whether through new performance drivers or the reinforcement of our investment team, Patrimoine strategies are constantly enhanced to keep their mandate intact.

Being long-term investors, we act responsibly and fully integrate ESG criteria in our processes (environment, social and governance). We have developed a proprietary ESG system (START) that provides an internal analysis and reinforces our investment decisions.

ONE VISION, THREE STRATEGIES

Diversified strategies
Carmignac Patrimoine
FCPGlobal marketSRI Fund Article 8
For investors seeking a global turnkey solution to manage each phase of the economic cycle.
Diversified strategies
Carmignac Portfolio Patrimoine Europe
SICAVEuropean marketSRI Fund Article 8
For investors seeking exposure to Europe through dynamic management of risks and opportunities.
Diversified strategies
Carmignac Portfolio Emerging Patrimoine
SICAVEmerging marketsSRI Fund Article 8
For investors seeking diversification by gaining exposure to emerging countries through different asset classes.

PATRIMOINE RANGE IN FIGURES

34Years of experience in diversified investment through our flagship strategy Carmignac Patrimoine.
8dedicated and experienced Fund Managers.
3distinct and complementary investment universes: international, European and emerging markets.

Source: Carmignac, 31/12/2023

Carmignac Patrimoine A EUR Acc

ISIN: FR0010135103
Recommended minimum investment horizon
3 years
Risk indicator*
3/7
SFDR - Fund Classification**
Article 8

*Risk Scale from the KID (Key Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time. **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.

Main risks of the fund

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.Interest Rate: Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.Credit: Credit risk is the risk that the issuer may default.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.

Carmignac Portfolio Patrimoine Europe A EUR Acc

ISIN: LU1744628287
Recommended minimum investment horizon
3 years
Risk indicator*
3/7
SFDR - Fund Classification**
Article 8

*Risk Scale from the KID (Key Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time. **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.

Main risks of the fund

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.Interest Rate: Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.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.Credit: Credit risk is the risk that the issuer may default.

Carmignac Portfolio Emerging Patrimoine A EUR Acc

ISIN: LU0592698954
Recommended minimum investment horizon
5 years
Risk indicator*
3/7
SFDR - Fund Classification**
Article 8

*Risk Scale from the KID (Key Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time. **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.

Main risks of the fund

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.Interest Rate: Interest rate risk results in a decline in the net asset value in the event of changes in interest rates.Credit: Credit risk is the risk that the issuer may default.Emerging Markets: Operating conditions and supervision in "emerging" markets may deviate from the standards prevailing on the large international exchanges and have an impact on prices of listed instruments in which the Fund may invest.

MARKETING COMMUNICATION. Please refer to the KID/prospectus of the Fund before making any final investment decisions.

This material may not be reproduced, in whole or in part, without prior authorisation from the management company. It does not constitute a subscription offer, nor does it constitute investment advice. The information may be partial and may be modified without prior notice. The Management Company can cease promotion in your country anytime. Investors have access to a summary of their rights in English at the following link (paragraph 6: “Summary of investor rights”): https://www.carmignac.com/en_US/article-page/regulatory-information-1788.

Carmignac Patrimoine is a common fund in contractual form (FCP) conforming to the UCITS Directive under French law. Carmignac Portfolio Patrimoine Europe and Carmignac Portfolio Emerging Patrimoine refer to the sub-funds of Carmignac Portfolio SICAV, an investment company under Luxembourg law, conforming to the UCITS Directive. Access to Funds may be subject to restrictions regarding certain persons or countries. The Funds are not registered in North America, nor in South America. The Funds have not been registered under the US Securities Act of 1933. 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 KID (Key Information Document). The Fund's prospectus, KIDs, NAV and annual reports are available at www.carmignac.com or upon request to the Management Company. • In Switzerland, the Fund’s prospectus, KIDs and annual reports are available at www.carmignac.ch or through our representative in Switzerland, CACEIS (Switzerland), S.A., Route de Signy 35, CH-1260 Nyon. The paying agent is CACEIS Bank, Paris, succursale de Nyon / Suisse, Route de Signy 35, 1260 Nyon. The KID must be made available to the subscriber prior to subscription.