Carmignac Pf EM Discovery F GBP Acc Hdg (FUND:B42N673) - Overview

Fund Report

Carmignac Portfolio Emerging Discovery F GBP Acc Hdg

Key Stats
Morningstar® CategoryGlobal Emerging Markets Equity - Currency Hedged
Manager NameXavier Hovasse
Inception Date30/12/2010
NAV 01/12/2016GBP 109.43
Day Change-1.22%
12 Month Yield0.00%
ISINLU0553407650
SEDOLB42N673
Dividend Frequency-
Net Assets (mil) 31/10/2016376.66 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time14:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.30%
AMC1.00%
Fund Rebate0.05%

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

50% MSCI EM Small NR USD, 50% MSCI EM Mid NR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund14.22-2.6914.023.538.35
  • Fund: Carmignac Portfolio Emerging Discovery F GBP Acc Hdg
  • Category: Global Emerging Markets Equity - Currency Hedged
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 01/12/2016
Fund
YTD7.03
3 Years Annualised7.92
5 Years Annualised6.62
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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  • 3
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

This sub-fund seeks performance through exposure to the small and mid cap equity markets of the emerging countries. The management team implements an active and discretionary management strategy focused primarily on the selection of financial instruments based on the financial analysis of issuers. The sub-fund shall mainly invest its assets in securities issued by companies which have their registered office or which carry out the majority of their business activity in the emerging countries. The sub-fund aims to outperform its performance indicator, which comprises: 50% MSCI Emerging Small Cap USD (MSLUEMR INDEX) converted into euro and 50% MSCI Emerging Mid Cap USD (MMDUEMR INDEX) converted into euro. The sub-fund’s performance indicator is calculated ex-dividends and rebalanced annually. At least 60% of the portfolio shall be invested in equities and other securities from all economic sectors

Portfolio Profile31/10/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
IncreaseSINA Corp Technology4.58
IncreasePrimax Electronics Ltd Technology3.71
IncreaseInnocean Worldwide Inc Consumer Cyclical3.57
New since last portfolioYY Inc ADR Technology3.49
PLA Administradora Industrial S de RL de CV Series -13 Real Estate3.07
Asset Allocation %
LongShortNet
Stocks96.360.0096.36
Bonds1.330.001.33
Cash14.0413.480.56
Other1.750.001.75
Top Stock Regions
Region%
Asia - Emerging33.27
Latin America28.65
Asia - Developed24.18
Eurozone5.59
Europe - Emerging3.32
Top Stock Sectors
Stock Sector%
Technology25.85
Consumer Defensive17.70
Consumer Cyclical13.68
Financial Services12.61
Basic Materials11.07
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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