MARKETS & INVESTING
“ WE AIM TO SELECT COMPANIES THAT ARE CAPABLE OF RESPONDING TO TOMORROW ’ S CHALLENGES . THAT ’ S WHY WE NOT ONLY APPLY FINANCIAL CRITERIA , BUT ALSO MAKE SURE OUR INVESTMENTS ARE ALIGNED WITH THE UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS .”
Mark Denham Head of Equities , Fund Manager
The reference to a ranking or prize is no guarantee of the future results of the UCIS or the manager . For more information on the methodology , visit : Label ISR , Towards Sustainability and Mainstreet Partners .
Fund Name ISIN code
FP Carmignac Global Equity Compounders GB00BMGLBK75
Recommended minimum investment horizon : 5 years . Risk indicator : 6 / 7 . SRRI from the KIID ( Key Investor Information Document ): scale from 1 ( lowest risk ) to 7 ( highest risk ); category-1 risk does not mean a risk-free investment .
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 capitalisation . Liquidity : Temporary market distortions may have an impact on the pricing conditions under which the Fund might be caused to liquidate , initiate or modify its positions . Discretionary Management : Anticipations of financial market changes made by the Management Company have a direct effect on the Fund ’ s performance , which depends on the stocks selected . The Fund presents a risk of loss of capital .
Calendar Year Performance ( as %) 2020 2021 2022 2023 2024 ( YTD )
FP Carmignac Global Equity Compounders
23.1 22.6 -19.0 21.0 11.6
Comparator Benchmark * 19.8 22.9 -7.8 16.8 9.7
Annualised Performance 1 Year 3 Years Since launch FP Carmignac Global Equity Compounders + 19.3 % + 8.8 % + 13.2 % Comparator Benchmark * + 21.6 % + 10.5 % + 14.7 %
* Comparator benchmark : MSCI WORLD ( USD , Reinvested net dividends ) Source : Carmignac at 31 May 2024 . Past performance is not necessarily indicative of future performance . Performances are net of fees ( excluding possible entrance fees charged by the distributor ).
Fees ISIN : GB00BMGLBK75 Maximum subscription fees paid to distributors : 0,00 % Redemption Fees : 0,00 % Conversion Fee : - Ongoing Charges : 0.90 % Management Fees : 0,82 % EXT Performance Fees : -
MARKETING COMMUNICATION . Please refer to the KIID / prospectus of the fund before making any final investment decisions . This material was prepared by Carmignac Gestion , Carmignac Gestion Luxembourg or Carmignac UK Ltd and is being distributed by Carmignac Gestion Luxembourg in the UK . This material may not be reproduced , in whole or in part , without prior authorisation from the Management Company . This material does not constitute a subscription offer , nor does it constitute investment advice . This material is not intended to provide , and should not be relied on for , accounting , legal or tax advice . This material has been provided to you for informational purposes only and may not be relied upon by you in evaluating the merits of investing in any securities or interests referred to herein or for any other purposes . The information contained in this material may be partial information and may be modified without prior notice . They are expressed as of the date of writing and are derived from proprietary and non-proprietary sources deemed by Carmignac to be reliable , are not necessarily all-inclusive and are not guaranteed as to accuracy . As such , no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions ( including responsibility to any person by reason of negligence ) is accepted by Carmignac , its officers , employees or agents . 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 . 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 . Access to the Funds may be subject to restrictions regarding certain persons or countries . This material is not directed to any person in any jurisdiction where ( by reason of that person ’ s nationality , residence or otherwise ) the material or availability of this material is prohibited . Persons in respect of whom such prohibitions apply must not access this material . Taxation depends on the situation of the individual . The Fund is not registered for retail distribution in Asia , in Japan , in North America , nor is it registered in South America . Carmignac Funds are registered in Singapore as restricted foreign scheme ( for professional clients only ). The Fund has not been registered under the US Securities Act of 1933 . The Fund 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 FATCA . Company . The risks , fees and ongoing charges are described in the KIID ( Key Investor Information Material ). The KIID must be made available to the subscriber prior to subscription . The subscriber must read the KIID . Investors may lose some or all their capital , as the capital in the funds are not guaranteed . The Fund presents a risk of loss of capital . 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 . co . uk / en _ GB / article-page / regulatory-information-1788 . In the United Kingdom , the prospectus , KIID and annual reports are available at www . carmignac . co . uk , or upon request to the Management Company . FP CARMIGNAC ICVC ( the “ Company ”) is an Investment Company with variable capital incorporated in England and Wales under registered number 839620 and is authorised by the Financial Conduct Authority ( the “ FCA ”) with effect from 04 / 04 / 2019 and launched on 15 May 2019 . FundRock Partners Limited is the Authorised Corporate Director ( the “ ACD ”) of the Company and is authorized and regulated by the Financial Conduct Authority . Registered Office : Hamilton Centre , Rodney Way , Chelmsford , England , CM1 3BY , UK ( Registered in England and Wales under No 4162989 ). Carmignac Gestion Luxembourg SA has been appointed as the Investment Manager and distributor in respect of the Company . Carmignac Gestion , an investment management company approved by the AMF has been appointed as a Sub-Investment Manager of the Company .
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