# PROFILE
SFDR Fund Classification: Article 9
300
250
200
150
100
50
01/12
09/12
09/13
09/14
09/15
09/16
09/17
09/18
09/19
09/20
09/21
164.1%
63.6%
09/22
Domicile: France
Dividend Policy: Accumulation
Fund Type: UCITS Legal Form: FCP Fiscal Year End: 31/12
Subscription/Redemption: Daily
Order Placement Cut-Off Time: Before 18:00 (CET/CEST)
Fund Inception Date: 26/01/1989 Date of 1st NAV: 26/01/1989 Base Currency: EUR
Carmignac Investissement A EUR Acc	Reference Indicator
CUMULATIVE AND ANNUALIZED PERFORMANCE (as of 30/09/2022 - Net of fees)
	Cumulative Performance (%)	 Annualised Performance (%) 
|  | Since | 1 | 1 | 3 | 5 | 10 |  | 3 | 5 | 10 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 31/12/2021 | Month | Year | Years | Years | Years |  | Years | Years | Years |
| A EUR Acc | -20.3 | -7.0 | -22.5 | 17.6 | 17.9 | 63.6 |  | 5.5 | 3.3 | 5.0 |
| Reference Indicator | -13.7 | -7.2 | -6.1 | 24.3 | 50.0 | 164.1 |  | 7.5 | 8.4 | 10.2 |
| Category Average | -21.7 | -7.3 | -16.7 | 19.0 | 43.4 | 148.5 |  | 6.0 | 7.5 | 9.5 |
| Ranking (Quartile) | 2 | 2 | 4 | 3 | 4 | 4 |  | 3 | 4 | 4 |

Source: Morningstar for the category average and quartiles.
Fund AUM: 2933M€ / 2873M$ (1)
Share class AUM: 2618M€
NAV: 1430.36€
Morningstar Category™: Global Large-Cap Growth Equity

## FUND MANAGER(S)
David Older since 14/09/2018

## REFERENCE INDICATOR
MSCI ACWI (USD) (Reinvested Net Dividends).

## STATISTICS (%)
1 Year 3 Years

## VAR
Fund VaR	13.1%

## MONTHLY GROSS PERFORMANCE CONTRIBUTION
Equity Portfolio	-6.9%
| Fund Volatility | 19.1 | 19.6 | Indicator VaR | 11.7% | Total | -6.9% |
| --- | --- | --- | --- | --- | --- | --- |
| Indicator Volatility | 16.6 | 18.5 |  |  |  |  |
| Sharpe Ratio | -1.2 | 0.3 |  |  |  |  |
| Beta | 1.0 | 0.9 |  |  |  |  |
| Alpha Calculation : Weekly basis | -0.3 | -0.1 |  |  |  |  |

* For the share class Carmignac Investissement A EUR Acc. Risk Scale from the KIID (Key Investor Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time. (1) Exchange Rate EUR/USD as of 30/09/2022.
| ASSET ALLOCATION |  |  | SECTOR BREAKDOWN |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |
| Equities | 90.6% |  |  | Healthcare |  | 25.5% |

Developed Countries	82.6%
North America	54.7%
Europe	27.8%
Emerging Markets	8.0%
Latin America	1.2%
Asia	6.9%
Cash, Cash Equivalents and Derivatives Operations	9.4%
Consumer Discretionary Information Technology Consumer Staples
Industrials Financials Energy
9.5%
6.9%
6.3%
6.0%
14.9%
23.6%
Communication Services	5.0%
Materials	1.1%
Rebased weights
Utilities
1.1%

## CAPITALISATION BREAKDOWN	NET CURRENCY EXPOSURE OF THE FUND
|  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Large (>10000 MEUR) |  | 97.6% |  | EUR |  | 27.1% |
| Mid (2000 - 10000 MEUR) | 2.4% |  |  | CHF | 2.2% |  |
| Small (<2000 MEUR) | 0.0% |  |  | US Dollar |  |  | 59.6% |
| Rebased weights |  |  |  |  |  |  |  |  |
|  | GBP | 3.8% |  |  |
|  |  |  |  |
| ASIAN BLOC | 3.4% |  |  |
| Latin America | 0.0% |  |  |
| AUD and CAD | 0.0% |  |  |
| Others | 3.9% |  |  |

| TOP TEN |  |  |  |  | GEOGRAPHIC BREAKDOWN |  |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |
| Name | Country | Sector | % |  |  | USA |  |  | 60.4% |
| AMAZON.COM INC | USA | Consumer Discretionary | 4.0% |  |  | France |  | 14.8% |  |
| SCHLUMBERGER | USA | Energy | 4.0% |  |  |  |  |  |  |
|  |  |  |  | China | 7.0% |
| HERMES INTERNATIONAL | France | Consumer Discretionary | 3.7% |  |  |
| MICROSOFT CORP | USA | Information Technology | 3.4% | Denmark | 4.3% |
| ELEVANCE HEALTH INC | USA | Healthcare | 3.2% | United Kingdom | 4.2% |
| ORACLE | USA | Information Technology | 3.0% | Switzerland | 2.3% |
| ELI LILLY & CO. | USA | Healthcare | 3.0% |  |  |  |  |  |  |
| NOVO NORDISK AS | Denmark | Healthcare | 3.0% | Germany | 1.6% |
| JD.COM INC | China | Consumer Discretionary | 2.9% | Netherlands | 1.6% |
| DANAHER CORP | USA | Healthcare | 2.7% | Brazil | 1.3% |
| Total |  |  | 32.9% | Belgium | 1.3% |
| Other countries | 1.1% |

Rebased weights

Translation (ENFR, 2022-09-30):
# PROFIL
Classification SFDR : Article 9
Domicile : France
300
250
200
150
100
50
01/12
09/12
09/13
09/14
09/15
09/16
09/17
09/18
09/19
09/20
09/21
164.1%
63.6%
09/22
Affectation des résultats : Capitalisation
Type de fonds : UCITS
Forme juridique : FCP
Fin de l’exercice fiscal : 31/12
Souscription/Rachat : Jour ouvrable
Heure limite de passation d’ordres : avant 18:00 heures (CET/CEST)
Date de lancement du Fonds : 26/01/1989
Date de la 1ère VL : 26/01/1989
Devise de cotation : EUR
Carmignac Investissement A EUR Acc	Indicateur de référence
PERFORMANCES CUMULÉES ET ANNUALISÉES (au 30/09/2022 - Net de frais)
	Performances cumulées (%)	 Performances annualisées (%) 
Actifs sous gestion du Fonds : 2933M€ / 2873M$ (1)
Encours de la part : 2618M€
VL : 1430.36€
Catégorie Morningstar™ : Global Large-Cap Growth Equity
Depuis le	1
1	3	5	10
3	5	10
| A EUR Acc |  31/12/2021	 -20.3 | Mois	 -7.0 | an	 -22.5 | ans	 17.6 | ans	 17.9 | ans	 63.6 |  |   ans	 5.5 | ans	 3.3 | ans	 5.0 | GÉRANT(S) DU FONDS |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Indicateur de référence | -13.7 | -7.2 | -6.1 | 24.3 | 50.0 | 164.1 |  | 7.5 | 8.4 | 10.2 | David Older depuis le 14/09/2018 |
| Moyenne de la catégorie	-21.7	-7.3	-16.7	19.0 | 43.4 | 148.5 | 6.0 | 7.5 | 9.5 |  |
| Classement (quartile)	2	2	4	3 | 4 | 4 | 3 | 4 | 4 | INDICATEUR DE RÉFÉRENCE |
| Source : Morningstar pour la moyenne de la catégorie et les quartiles. |  |  |  |  |  | MSCI ACWI (USD) (Dividendes nets réinvestis). |


## CONTRIBUTION DE LA PERFORMANCE BRUTE
| STATISTIQUES (%) |  |  |  | VAR |  |  | MENSUELLE |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 an | 3 ans |  | VaR du Fonds | 13.1% |  | Portefeuille actions | -6.9% |
| Volatilité du fonds | 19.1 | 19.6 |  | VaR de l'indicateur | 11.7% |  | Total | -6.9% |
| Volatilité du benchmark | 16.6 | 18.5 |  |
| Ratio de Sharpe | -1.2 | 0.3 |
| Bêta | 1.0 | 0.9 |
| Alpha | -0.3 | -0.1 |
| Calcul : pas hebdomadaire |  |  |

* Pour la part Carmignac Investissement A EUR Acc. Echelle de risque du DICI (Document d’Informations Clés pour l’Investisseur). Le risque 1 ne signifie pas un investissement sans risque. Cet indicateur pourra évoluer dans le temps. (1) Taux de change EUR/USD au 30/09/2022.

## ALLOCATION D'ACTIFS
Actions	90.6%

## RÉPARTITION SECTORIELLE
Santé
25.5%
Pays développés	82.6%
Amérique du Nord	54.7%
Europe	27.8%
Pays émergents	8.0%
Amérique Latine	1.2%
Asie	6.9%
Liquidités, emplois de trésorerie et opérations sur dérivés	9.4%
Consommation Discrétionnaire Technologies de l'Information Biens de Consommation de Base
Industrie Finance Energie
9.5%
6.9%
6.3%
6.0%
14.9%
23.6%
Services de Communication	5.0%
Matériaux	1.1%
Poids rebasés
Services aux collectivités
1.1%
| RÉPARTITION PAR CAPITALISATION |  |  |  | EXPOSITION NETTE PAR DEVISE |  |
| --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |
| Grandes (>10000 MEUR) |  | 97.6% |  | Euro |  | 27.1% |  |
| Moyennes (2000 - 10000MEUR) | 2.4% |  |  | Franc suisse | 2.2% |  |  |
| Petites (<2000 MEUR) | 0.0% |  |  | Dollar US |  |  | 59.6% |
| Poids rebasés |  |  |  |  |  |  |  |
|  | Livre Sterling | 3.8% |  |  |
|  |  |  |  |
| Bloc Asie ex Japon | 3.4% |  |  |
| Bloc LATAM | 0.0% |  |  |
| Bloc $ (AUD et CAD) | 0.0% |  |  |
| Autres | 3.9% |  |  |

| PRINCIPALES POSITIONS |  |  |  |  | RÉPARTITION GÉOGRAPHIQUE |  |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |
| Nom | Pays | Secteur | % |  | Etats-Unis |  |  |  | 60.4% |
| AMAZON.COM INC | Etats-Unis | Consommation | 4.0% |  | France |  |  | 14.8% |  |
|  |  | Discrétionnaire |  |  |  |  |  |  |  |
| SCHLUMBERGER | Etats-Unis | Energie | 4.0% |  | Chine |  | 7.0% |  |  |
| HERMES INTERNATIONAL | France | Consommation | 3.7% |  | Danemark |  | 4.3% |  |  |
|  |  | Discrétionnaire |  |  |  |  |  |  |  |
| MICROSOFT CORP | Etats-Unis | Technologies de l'Information | 3.4% |  | Royaume-Uni |  | 4.2% |  |  |
| ELEVANCE HEALTH INC | Etats-Unis | Santé | 3.2% |  | Suisse |  | 2.3% |  |  |
| ORACLE | Etats-Unis | Technologies de l'Information | 3.0% |  |  |  |  |  |  |
| ELI LILLY & CO. | Etats-Unis | Santé | 3.0% | Allemagne | 1.6% |
| NOVO NORDISK AS | Danemark | Santé | 3.0% | Pays-Bas | 1.6% |
| JD.COM INC | Chine | Consommation Discrétionnaire | 2.9% | Brésil | 1.3% |
| DANAHER CORP | Etats-Unis | Santé | 2.7% | Belgique | 1.3% |
| Total |  |  | 32.9% | Autres pays | 1.1% |

Poids rebasés