DOCSLIB.ORG

CARMIGNAC PORTFOLIO Luxembourg SICAV (Open-Ended Investment Company) Conforming to the European Directive on UCITS

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CARMIGNAC PORTFOLIO Luxembourg SICAV (Open-Ended Investment Company) Conforming to the European Directive on UCITS PROSPECTUS CARMIGNAC PORTFOLIO Luxembourg SICAV (open-ended investment company) conforming to the European Directive on UCITS AUGUST 2021 Subscriptions for Shares of CARMIGNAC PORTFOLIO are only valid if made on the basis of the current prospectus, accompanied by the latest annual report and the latest semi-annual report, if published thereafter. Neither the distribution of this prospectus, nor the offer, issue or sale of Shares of the Company constitutes an assertion that the information provided in this prospectus shall always be exact subsequent to the date of the prospectus. In order to take account of significant changes, this prospectus will be updated in due course on the understanding that any launch of a new Sub-Fund shall result in an update of the prospectus. No person is authorised to provide any information other than the information already contained in this prospectus and the documents referred to therein, which may be consulted by the public. CARMIGNAC PORTFOLIO COMMODITIES – PROSPECTUS – [●] 2020 1 TABLE OF CONTENTS GLOSSARY................................................................................................................................................................... 3 DIRECTORY ................................................................................................................................................................. 5 PART A: ....................................................................................................................................................................... 6 THE SUB-FUNDS OF CARMIGNAC PORTFOLIO ............................................................................................................. 6 CARMIGNAC PORTFOLIO GRANDE EUROPE ................................................................................................................ 6 CARMIGNAC PORTFOLIO GREEN GOLD ......................................................................................................................13 CARMIGNAC PORTFOLIO EMERGING DISCOVERY ......................................................................................................19 CARMIGNAC PORTFOLIO GLOBAL BOND ...................................................................................................................24 CARMIGNAC PORTFOLIO FLEXIBLE BOND ..................................................................................................................30 CARMIGNAC PORTFOLIO EMERGING PATRIMOINE ...................................................................................................36 CARMIGNAC PORTFOLIO EMERGENTS .......................................................................................................................43 CARMIGNAC PORTFOLIO LONG-SHORT EUROPEAN EQUITIES....................................................................................50 CARMIGNAC PORTFOLIO INVESTISSEMENT ...............................................................................................................56 CARMIGNAC PORTFOLIO PATRIMOINE ......................................................................................................................63 CARMIGNAC PORTFOLIO SÉCURITÉ ...........................................................................................................................71 CARMIGNAC PORTFOLIO CREDIT ...............................................................................................................................77 CARMIGNAC PORTFOLIO EM DEBT ............................................................................................................................82 CARMIGNAC PORTFOLIO PATRIMOINE EUROPE ........................................................................................................88 CARMIGNAC PORTFOLIO FLEXIBLE ALLOCATION 2024 ...............................................................................................95 CARMIGNAC PORTFOLIO FAMILY GOVERNED ............................................................................................................99 CARMIGNAC PORTFOLIO GRANDCHILDREN ............................................................................................................. 104 CARMIGNAC PORTFOLIO HUMAN XPERIENCE ......................................................................................................... 109 CARMIGNAC PORTFOLIO CHINA NEW ECONOMY .................................................................................................... 114 Part B: ..................................................................................................................................................................... 119 GENERAL SECTION ................................................................................................................................................... 119 1. DESCRIPTION OF THE COMPANY ..................................................................................................................... 119 2. OBJECTIVE AND COMPOSITION OF THE PORTFOLIO ........................................................................................ 120 3. ELIGIBLE ASSETS AND INVESTMENT RESTRICTIONS ......................................................................................... 121 4. DESCRIPTION OF RISKS .................................................................................................................................... 130 5. BOARD OF DIRECTORS ..................................................................................................................................... 132 6. MANAGEMENT COMPANY .............................................................................................................................. 132 7. DEPOSITARY .................................................................................................................................................... 133 8. ADMINISTRATIVE AGENT, DOMICILIARY AGENT, REGISTRAR AND TRANSFER AGENT, PAYING AGENT ........... 134 9. INVESTMENT MANAGER.................................................................................................................................. 135 10. THE SHARES ..................................................................................................................................................... 135 11. ISSUE OF SHARES, SUBSCRIPTION AND PAYMENT PROCEDURE ....................................................................... 136 12. REDEMPTION OF SHARES ................................................................................................................................ 138 13. CONVERSION OF SHARES ................................................................................................................................. 139 14. DIVIDENDS ...................................................................................................................................................... 140 15. DETERMINATION OF THE NET ASSET VALUE .................................................................................................... 141 16. TEMPORARY SUSPENSION OF THE NET ASSET VALUE CALCULATION AND OF ISSUES, REDEMPTIONS AND CONVERSIONS ................................................................................................................................................. 143 17. TAXATION ....................................................................................................................................................... 144 18. GENERAL MEETINGS OF SHAREHOLDERS ......................................................................................................... 145 19. MANAGEMENT REPORT/ANNUAL AND SEMI-ANNUAL ACCOUNTS ................................................................. 145 20. FEES AND EXPENSES ........................................................................................................................................ 145 21. LIQUIDATION - DISSOLUTION OF THE COMPANY OR SUB-FUND(S) AND/OR CLASS(ES) ................................... 147 22. MERGER – SPLIT OF COMPANY SUB-FUNDS AND/OR SHARE CLASSES ............................................................. 148 23. PROTECTION OF PERSONAL DATA AND TELEPHONE RECORDINGS .................................................................. 149 24. GENERAL INFORMATION AND DOCUMENTS AVAILABLE ................................................................................ 149 25. INFORMATION FOR INVESTORS ON THE RISKS ASSOCIATED WITH CERTAIN SPECIFIC INVESTMENTS .............. 150 26. CONTRIBUTION OF DERIVATIVES TO THE MANAGEMENT OF THE SUB-FUNDS ................................................ 155 27. USE OF BENCHMARKS ..................................................................................................................................... 156 28. LIQUIDITY RISK MANAGEMENT ....................................................................................................................... 157 29. SUSTAINABILITY RISKS (Article 6 SFDR) ........................................................................................................... 158 LIST OF SUB-FUNDS AND SHARE CLASSES ................................................................................................................ 161 CARMIGNAC PORTFOLIO – PROSPECTUS – AUGUST 2021 2 GLOSSARY Terms in capital letters and abbreviations used in this prospectus have defined meanings, which are explained in this Glossary. Moreover, words in this prospectus importing the singular
Load more

Recommended publications
  • BBH Market Practice Report: Singapore As of April
    CARMIGNAC_UCITS SSI_dated 3rd February 2021 Internal DE Country Sub-custodian Name - Town BIC code Account name Securities acct BP2S Bic Code Cash acct Local code(s) and information Number BNP Paribas Securities Services CHESS Participant ID (PID): 01892 Australia PARBAU2SXXX BP2S Luxembourg / Carmignac Portfolio PARBLU21003 PARBLU21003 220008903 Australia Branch, Sydney Austraclear Code: BPSS20 Austria BNP PARIBAS Securities Services, participation code in Central Securities Depositary (OeKB) : 242200 PARBDEFFXXX BP2S Luxembourg / Carmignac Portfolio PARBLU21003 PARBLU21003 7003938880 Frankfurt 11 digits BIC Code - PARBDEFFXXX is replacing the local code CIKB 10410019 47475N IBAN : FR9441329000010000047475N27 Belgium Counterparties need to mention BIC code PARBFRPPXXX in the agent field. BNP Paribas Securities Services, PARBFRPPXXX BP2S Luxembourg / Carmignac Portfolio PARBLU21003 PARBLU21003 This will replace the local code EGSP 30. Paris RIB: Code Banque/Code Guichet/Num compte/Clé Please inform your counterparties in NBB that the BNP Paribas Securities 41329 00001 0000047475N 27 Services BIC 11 code is PARBFRPPXXX as their counterpart in instructions. BPSS LUX/CLIENT ASSETS - SI FX EUR/UCITS ASSETS 057583500003 PARBLULLXXX L0203 Standard Chartered Bank Côte Benin SCBLCIABSSU 01 051 006586 00 CSD: 17446 d’Ivoire SA BPSS LUX/CLIENT ASSETS - SI FX USD/UCITS ASSETS 057583500005 PARBLULLXXX L0206 BANK OF BERMUDA, Bermudes BBDABMHMXXX BPSS LUX/CLIENT ASSETS/UCITS ASSETS 011-143682-531 PARBLULLXXX 010-159267-065 L426E Bermuda BPSS LUX/CLIENTS
    [Show full text]
  • Where Do Asset Management Ceos Come From?
    WHERE DO ASSET MANAGEMENT CEOs COME FROM? KEY FINDINGS FROM AN ANALYSIS OF CEO CAREER DYNAMICS METHODOLOGY This study presents key findings from an analysis of the profiles and career paths of CEOs in the asset management industry Our analysis included 96 CEOs across 46 large firms and 46 boutique asset management firms. Summary of key findings CEOs of large asset management firms: Of the 48 CEOs profiled1, 37 (77%) have been appointed since 2006. Spikes in CEO appointments occurred in North America during the financial crisis and in 2012 in Europe, possibly due to profits failing to recover to pre-financial crisis levels. Approximately 29% were externally appointed, roughly in line with other industries. While buy-side experience is prevalent among these CEOs, over half have never held an investment role in their career. There are differences in profiles between CEOs of independent, bank-linked and insurance- linked firms. Bank-linked CEOs often come from buy-side and other non-asset management- related parts of financial services. In contrast, CEOs at both independent and insurance-linked firms tend to come from within the asset management industry, most commonly serving as the CEO with a smaller firm prior to assuming their current role. Only one in five CEOs have international experience, which is notably lower than in other parts of financial services. For comparison, in insurance three in five CEOs have international experience. CEOs of boutique asset management firms: While the CEOs of boutique firms on multi-manager platforms are primarily promoted internally (similar to large firms), the majority of CEOs of independent asset managers are founders.
    [Show full text]
  • Carmignac Portfolio
    CARMIGNAC PORTFOLIO SICAV Audited annual report as at 31/12/20 R.C.S Luxembourg B 70 409 Database Publishing System: CO-Reporter® by CO-Link, Belgium. CARMIGNAC PORTFOLIO Table of contents Page Organisation 4 General Information 6 Management Report 7 Audit Report 109 Combined 112 CARMIGNAC PORTFOLIO Grande Europe 115 CARMIGNAC PORTFOLIO Green Gold (formerly Commodities) 121 CARMIGNAC PORTFOLIO Emerging Discovery 128 CARMIGNAC PORTFOLIO Unconstrained Global Bond 136 CARMIGNAC PORTFOLIO Unconstrained Euro Fixed Income 143 CARMIGNAC PORTFOLIO Emerging Patrimoine 153 CARMIGNAC PORTFOLIO Emergents 162 CARMIGNAC PORTFOLIO Euro-Entrepreneurs (merged on 16/11/20) 169 CARMIGNAC PORTFOLIO Long-Short European Equities 172 CARMIGNAC PORTFOLIO Investissement 179 CARMIGNAC PORTFOLIO Patrimoine 187 CARMIGNAC PORTFOLIO Sécurité 199 CARMIGNAC PORTFOLIO Investissement Latitude (liquidated on 16/11/20) 211 CARMIGNAC PORTFOLIO Unconstrained Credit 214 CARMIGNAC PORTFOLIO Unconstrained EM Debt (formerly Unconstrained Emerging Markets Debt) 225 CARMIGNAC PORTFOLIO Patrimoine Europe 231 CARMIGNAC PORTFOLIO Flexible Allocation 2024 238 CARMIGNAC PORTFOLIO Long-Short Global Equities 243 CARMIGNAC PORTFOLIO Family Governed 248 CARMIGNAC PORTFOLIO Grandchildren 253 CARMIGNAC PORTFOLIO Alpha Themes (launched on 03/04/20) 259 Notes to the financial statements - Schedule of derivative instruments 266 Page 2 CARMIGNAC PORTFOLIO Table of contents Other notes to the financial statements 306 Unaudited information 327 No subscription may be accepted on the basis of the financial reports. Subscriptions are only valid if made on the basis of the current prospectus, accompanied by the latest annual report and the latest semi-annual report if published after the annual report. Page 3 CARMIGNAC PORTFOLIO Organisation Registered Office: CARMIGNAC PORTFOLIO, 5, Allée Scheffer, L-2520 Luxembourg Board of Directors: Chairman Mr David OLDER (since 20 March 2020) Head of Equities desk of Carmignac Gestion Luxembourg UK Branch Mr.
    [Show full text]
  • Supplementary Information Document FP Carmignac ICVC May 2019
    Supplementary Information Document FP Carmignac ICVC May 2019 Introduction Contents .............................................. 3 Guide to this document YOUR INVESTMENT About FP Carmignac ICVC (“the Company”) .. 3 ............................ 3 This document is designed to be read alongside a Who are the Funds aimed at? What may the Funds invest in? ......................... 3 relevant 2-page Key Investor Information Document INVESTING ....................................................... 3 (“KIID”). Together they summarise information about How do I invest? ................................................ 3 your investment in the funds, and provide answers to What happens if I change my mind? ............... 3 some important questions. How do I sell shares? ........................................ 4 How do you calculate the value of the shares You should read these documents carefully to help you and where can I find out my shares’ value? ... 4 What limits apply to investment in the Fund? 4 understand what you are buying, and keep them safe Accumulation and Distribution Dates ............. 5 for future reference. CHARGES AND EXPENSES ............................ 6 What are the charges involved in investing? . 6 Please note that we will not accept your investment What expenses do the Funds have? ............... 6 instructions unless you have confirmed that you have How will charges and expenses affect my read the appropriate KIID. investment? ........................................................ 7 Does a dilution adjustment apply?
    [Show full text]
  • Foreign Collective Investment Schemes Authorised by FINMA for Offering in Switzerland
    Foreign collective investment schemes authorised by FINMA for offering in Switzerland (Foreign collective investment schemes approved for offering in Switzerland are not subject to the supervision of the Swiss Financial Market Supervisory Authority, but to the supervision exercised by the competent authority in their home country. Applicable home country provisions with regard to supervision and organisation as well as investment policy of the collective investment scheme are in general equivalent to those applicable in Switzerland, but they may differ in detail.) Foreign open-ended collective investment schemes (Art. 119 para. 1 CISA) Name of individual fund or sub-fund Name of the umbrella FINMA-ID Country Representatives UCITS (eurocompatible) and Swiss securities funds equivalents NON-UCITS, traditional investments NON-UCITS for alternative investments 3V Invest Swiss Small & Mid Cap F00138735 Luxemburg LLB Swiss Investment AG X AAM European Equities F01064038 Frankreich ACOLIN Fund Services AG X Abaris Biotechnology Opportunities F01319404 Luxemburg 1741 Fund Solutions AG X Abaris Defensive Equity F01218127 Luxemburg 1741 Fund Solutions AG X Abaris Emerging Markets Equity F01074496 Luxemburg 1741 Fund Solutions AG X Abaris Technology Opportunities F01194969 Luxemburg 1741 Fund Solutions AG X ACATIS AI BUZZ US Equities F01207177 Deutschland 1741 Fund Solutions AG X ACATIS AI Global Equities F01182153 Deutschland 1741 Fund Solutions AG X ACATIS AKTIEN GLOBAL FONDS F00144570 Deutschland 1741 Fund Solutions AG X Acatis Asia Pacific Plus Fonds F01074730 Deutschland 1741 Fund Solutions AG X ACATIS Datini Valueflex Fonds F01201524 Deutschland 1741 Fund Solutions AG X ACATIS Fair Value Aktien Global F00142393 Liechtenstein 1741 Fund Solutions AG X ACATIS GANÉ VALUE EVENT FONDS F00177295 Deutschland 1741 Fund Solutions AG X ACATIS Global Value Total Return F01170185 Deutschland 1741 Fund Solutions AG X 05.10.2021 / 03:30 1/595 Foreign collective investment schemes authorised by FINMA for offering in Switzerland Foreign open-ended collective investment schemes (Art.
    [Show full text]
  • Important: If You Are in Any Doubt About the Contents of This Prospectus You Should Consult Your Own Financial Adviser
    IMPORTANT: IF YOU ARE IN ANY DOUBT ABOUT THE CONTENTS OF THIS PROSPECTUS YOU SHOULD CONSULT YOUR OWN FINANCIAL ADVISER. PROSPECTUS OF FP CARMIGNAC ICVC (an umbrella type investment company with variable capital incorporated with limited liability in England and Wales under registered number IC005726 and authorised on 4th April 2019 This document constitutes the Prospectus for FP Carmignac ICVC and is issued pursuant to and has been prepared in accordance with the Financial Conduct Authority's Collective Investment Schemes Sourcebook, as amended from time to time and is valid as at 15 May 2019. Copies of this Prospectus have been lodged with the Financial Conduct Authority and the Depositary. WORK\33942509\v.2 i 40485.73 Classification: Confidential Contents 1 DEFINITIONS ......................................................................................................... 10 2 SUMMARY ............................................................................................................. 14 3 CONSTITUTIONAL AND GENERAL .................................................................... 15 4 INSPECTION AND COPIES OF DOCUMENTS .................................................... 15 5 CONFLICTS OF INTEREST .................................................................................. 16 6 MANAGEMENT AND ADMINISTRATION ............................................................ 16 7 DEPOSITARY ........................................................................................................ 18 8 HEDGING AGENT ................................................................................................
    [Show full text]
  • Carmignac Gestion SA
    Review of the Markets in Financial Instruments Directive Questionnaire on MiFID/MiFIR 2 by Markus Ferber MEP The questionnaire takes as its starting point the Commission's proposals for MiFID/MiFIR 2 of 20 October 2011 (COM(2011)0652 and COM(2011)0656). All interested stakeholders are invited to complete the questionnaire. You are invited to answer the following questions and to provide any detailed comments on specific Articles in the table below. Responses which are not provided in this format may not be reviewed. Respondents to this questionnaire should be aware that responses may be published. Please send your answers to [email protected] by 13 January 2012. Response to question 15 from : CARMIGNAC GESTION SA, société de gestion de portefeuille (agreement GP 92-08 du 13/03/1997) 24 place Vendôme – 75001 PARIS Contact : Pascale GUILLIER, general secretary, +33 (0)1 42 86 31 10 About Carmignac Gestion Founded in 1989 by Edouard Carmignac, Carmignac Gestion is one of the leading independent asset management companies in Europe today. Its share capital is entirely held by its management team and staff. In this way, the company’s long-term viability is ensured by a stable shareholding structure, reflecting its spirit of independence. This fundamental value is of upmost importance to the company as it ensures the freedom required for successful and renown portfolio management. With close to 50 billion EUR in assets, Carmignac Gestion has developed a comprehensive range of 18 funds across all asset classes - equities, bonds and multi-strategy, as well as mandate offering. Our funds are actively marketed in 11 European countries: France, Luxembourg, Switzerland, Belgium, Italy, Germany, Spain, Austria, The Netherlands, Sweden and United Kingdom.
    [Show full text]
  • First Two Settlements on Tax Fraud in France
    PARIS WCC and TAX practices FIRST TWO SETTLEMENTS ON TAX FRAUD IN FRANCE Initially reserved to corruption and money laundering matters, out-of-court settlements in tax fraud cases were introduced by Key issues law n° 2018-898 of 23 October 2018 which aimed at fighting • First settlements on tax fraud with the payment of significant tax fraud (the "Law on Tax Fraud"). Two settlements taking public interest fines (i.e. EUR the form of a convention judiciaire d'intérêt public ("CJIP"), the 30 million and 500 million) French equivalent to the Deferred Prosecution Agreement • These public interest fines were ("DPA") have since then been approved by French Courts. added to the tax reassessment and penalties Carmignac Gestion agreed to pay a EUR 30 million public • Payment of the additional taxes and penalties to the French tax interest fine on 28 June 2019 on top of the EUR 21 million in authorities refrained them from additional taxes already paid to the French tax authorities in asking for damages in the the context of the settlement of the tax aspects. Within less context of the CJIP than three months later, two entities of the Google group • The Carmignac CJIP is silent on cooperation, self-reporting (Google France SARL and Google Ireland Ltd) agreed to pay and other pre-conditions set by an aggregated EUR 500 million public interest fine on 12 the recent Guidelines on CJIP September 2019. Before this settlement, Google France published by enforcement authorities (See our Client SARL had already agreed to pay to the French tax authorities Briefing "First guidelines on an amount of EUR 465 million in additional taxes, relating CJIP").
    [Show full text]
  • Rewarding Excellence in Business 12 20
    01 cover - senf:Layout 1 10/12/12 09:33 Page 1 rewarding excellence in business 12 20 IN ASSOCIATION WITH Project2:Layout 1 10/12/12 16:17 Page 1 03 Editorial - jssgmnf:Layout 1 10/12/12 09:36 Page 3 FUNDS EUROPE AWARDS 2012 A night of thought leadership rewarding excellence in business Snow, an unwelcome attendee at our last event, failed to show this year and the eighth industry awards hosted by Funds Europe took place without logistical snags. We received a record amount of entries. It seems the number of entry forms only grows as each year the business environment gets tougher. Entrants demonstrated that despite the continued hard times faced by the funds industry, they can 12 produce business excellence whatever the weather. 20 Funds Europe hosted 150 people at the Tower of London and there were a total of 18 awards, plus one Special Award. The latter went to Mark Tennant of JP Morgan. Attendees of Fund Forum International will have seen Mark interviewing various industry luminaries, though his influence and engagement go beyond that conference. Mark’s thought- leadership role in the asset management industry is recognised by his peers in their awarding him with this honour. Coincidentally, this year we also gave our first award for industry Thought Leadership. It went to SAM, an innovative asset manager and pioneer in creating sustainable indices. Unfortunately, a key winner – Edouard Carmignac, the founder and chief investment officer of Carmignac Gestion who won Personality of theYear – could not make it, though he sent a video acceptance speech.
    [Show full text]
  • Monthly Factsheet
    Carmignac Portfolio Grande Europe A EUR Ydis Luxembourg SICAV sub-fund M. Denham Lower risk Higher risk FACT SHEET Recommended minimum investment years Potentially lower Potentially higher 08/2021 horizon: 5 return return 1 2 3 4 5 6* 7 Investment Universe and Objective Equity fund focused on stock-picking across European markets. The PROFILE investment process is based on fundamental bottom-up analysis. Stock •Fund Inception Date: 30/06/1999 •Legal Form: SICAV selection focuses on identifying and valuing the stocks of the companies •Fund Manager: Mark Denham since •SICAV Name: Carmignac Portfolio with the best long-term growth prospects, as demonstrated by their high, 01/11/2016 •Fiscal Year End: 31/12 (1) sustainable profitability, ideally combined with internal or external •Fund AUM: 748M€ / 883M$ •Subscription/Redemption: Daily reinvestment. Investments are then made in the names with the best •Share class AUM: 7.4M€ •Order Placement Cut-Off Time: Before asymmetric risk/return profiles. The fund aims to outperform its reference •Domicile: Luxembourg 18:00 (CET/CEST) indicator over 5 years and to generate capital growth. •Reference Indicator: Stoxx 600 •SFDR Fund Classification: Article 8 (Reinvested Net Dividends) •Morningstar Category™: Europe Large- Fund Management analysis can be found on P.4 •Base Currency: EUR Cap Growth Equity •NAV: 225.78€ •Dividend Policy: Distribution Equity Investment Rate: 95.82% Equity Exposure: 98.83% •Fund Type: UCITS 08/2021 Asset Allocation Sector Breakdown 08/21 07/21 12/20 Health Care 25.63% Equities
    [Show full text]
  • FP Carmignac ICVC December 2020
    Supplementary Information Document FP Carmignac ICVC December 2020 Introduction Contents YOUR INVESTMENT Guide to this document .............................................. 3 About FP Carmignac ICVC (“the Company”) .. 3 This document is designed to be read alongside a Who are the Funds aimed at? ............................ 3 What may the Funds invest in? ......................... 3 relevant 2-page Key Investor Information Document INVESTING ....................................................... 3 (“KIID”). Together they summarise information about How do I invest? ................................................ 3 your investment in the funds, and provide answers to What happens if I change my mind? ............... 4 How do I sell shares? ........................................ 4 some important questions. How do you calculate the value of the shares You should read these documents carefully to help you and where can I find out my shares’ value? ... 4 What limits apply to investment in the Fund? 4 understand what you are buying, and keep them safe Accumulation and Distribution Dates ............. 5 for future reference. CHARGES AND EXPENSES ............................ 6 What are the charges involved in investing? . 6 Please note that we will not accept your investment What expenses do the Funds have? ............... 7 instructions unless you have confirmed that you have How will charges and expenses affect my read the appropriate KIID. investment? ........................................................ 7 Does a dilution adjustment
    [Show full text]
  • Carmignac Investissement
    CARMIGNAC INVESTISSEMENT French UCITS Under European Directive 2009/65/EC PROSPECTUS 14 June 2021 2015 CARMIGNAC INVESTISSEMENT I. GENERAL CHARACTERISTICS 1. Structure of the UCITS French Mutual Fund (FCP) 2. Name CARMIGNAC INVESTISSEMENT 3. Legal form and Member State in which the UCITS was established French mutual fund (Fonds Commun de Placement – FCP) established in France, governed by European Directive 2009/65/EC 4. Creation date and intended lifetime The fund was approved by the Autorité des marchés financiers on 11 January 1989. It was launched on 26 January 1989 for a period of 99 years (ninety-nine years). 5. Fund overview UNIT ISIN ALLOCATION OF BASE TARGET INVESTORS MINIMUM MINIMUM CATEGORIES DISTRIBUTABLE CURRENC INITIAL SUBSEQUENT INCOME Y SUBSCRIPTION* SUBSCRIPTION* A EUR Acc FR001014898 Accumulation EURO All investors None None 1 A EUR Y dis FR001126918 Distribution EURO All investors None None 2 E EUR Acc FR001031266 Accumulation EURO All investors None None 0 A CHF Acc Hdg FR001126919 Accumulation CHF All investors CHF 50,000,000 None 0 (hedged) Hedged units are hedged against currency risk. * The minimum initial subscription amount does not apply to entities belonging to the Carmignac group or to funds that it manages. 6. Address at which the latest annual and semi-annual reports can be obtained The latest annual reports and the composition of the assets will be sent to unitholders within eight business days upon written request to: CARMIGNAC GESTION, 24, place Vendôme, 75001 PARIS Contact: Communications department Tel: +33 (0)1 42 86 53 35 - Fax: +33 (0)1 42 86 52 10 This information, the prospectus and KIID (Key Investor Information Document) are available at www.carmignac.com The AMF website (www.amf-France.org) contains additional information on the list of regulatory documents and all the provisions relating to investor protection.
    [Show full text]