# PROFILE
SFDR Fund Classification: Article 9
Domicile: Luxembourg Dividend Policy: Distribution Fund Type: UCITS
Legal Form: SICAV
SICAV Name: Carmignac Portfolio Fiscal Year End: 31/12 Subscription/Redemption: Daily
100
80
01/22
04/22
07/22
10/22
-11.4%
01/23
Order Placement Cut-Off Time: Before 18:00 (CET/CEST)
Fund Inception Date: 30/06/1999 Date of 1st NAV: 31/12/2021 Base Currency: GBP
Fund AUM: 703M€ / 764M$ (1)
Share class AUM: 6.3M£
Carmignac Portfolio Grande Europe IW GBP YDis	Reference Indicator
CUMULATIVE AND ANNUALIZED PERFORMANCE (as of 31/01/2023 - Net of fees)
Annualised
	Cumulative Performance (%)		Performance (%)
NAV: 88.58£
Morningstar Category™: Europe Large-Cap Growth Equity

## FUND MANAGER(S)
Mark Denham since 17/11/2016
|  | Since 30/12/2022 | 1 Month | 1 Year | Since 31/12/2021 |  | Since 31/12/2021 | REFERENCE INDICATOR |
| --- | --- | --- | --- | --- | --- | --- | --- |
| IW GBP YDis | 5.5 | 5.5 | 1.8 | -11.4 |  | -10.6 | Stoxx 600 (Reinvested Net Dividends). |
| Reference Indicator Category Average | 6.1 6.1 | 6.1 6.1 | 4.7 -0.9 | 0.2 -10.6 | 0.2 -9.9 | OTHER ESG CHARACTERISTICS |
| Ranking (Quartile) | 3 | 3 | 2 | 3 | 3 | Minimum % Taxonomy Alignment	0% |

Source: Morningstar for the category average and quartiles.
Minimum % Sustainable Investments	80%
Principal Adverse Impact Indicators	Yes

## PERFORMANCE
| STATISTICS (%) |  |  | VAR |  |  | CONTRIBUTION |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 Year |  | Fund VaR | 14.4% |  | Equity Portfolio | 6.2% |
| Fund Volatility | 22.5 |  | Indicator VaR | 13.0% |  | Equity Derivatives | -0.0% |
| Indicator Volatility | 18.8 |  |  |  |  | Total | 6.2% |
| Sharpe Ratio | 0.1 |  |  |  |  | Gross monthly performance |  |
| Beta | 1.1 |  |  |  |  |  |  |
| Alpha | -0.1 |  |  |  |  |  |  |
| Calculation : Weekly basis |  |  |  |  |  |  |  |

* For the share class Carmignac Portfolio Grande Europe IW GBP YDis. Risk Scale from the KID (Key Information Document). Risk 1 does not mean a risk-free investment. This indicator may change over time.
(1) Exchange Rate EUR/USD as of 31/01/2023.
| ASSET ALLOCATION |  |  | SECTOR BREAKDOWN |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |
| Equities | 94.5% |  |  | Healthcare |  | 37.9% |
| Developed Countries | 94.5% | Information Technology | 23.8% |

Germany	14.2%
Belgium	4.6%
Denmark	17.1%
Spain	3.1%
France	18.4%
Ireland	3.1%
Netherlands	8.8%
United Kingdom	5.9%
Sweden	5.9%
Switzerland	13.3%
Cash, Cash Equivalents and Derivatives Operations	5.5%
Rebased weights
Industrials Financials Consumer Staples
Consumer Discretionary
Utilities Materials

## CAPITALISATION BREAKDOWN
Large (>10000 MEUR)
88.0%

## NET CURRENCY EXPOSURE OF THE FUND
EUR
57.0%
Mid (2000 - 10000 MEUR)	CHF
Rebased weights
Small (<2000 MEUR)
US Dollar
GBP
Latin America
Others

## TOP TEN
Name	Country	Sector	%
NOVO NORDISK AS	Denmark	Healthcare	6.6% SAP SE	Germany	Information Technology	6.2% LONZA GROUP AG	Switzerland	Healthcare	5.0%
SCHNEIDER ELECTRIC SA	France	Industrials	4.7% ASML HOLDINGS	Netherlands  Information Technology	4.6% ARGENX SE	Belgium	Healthcare	4.6%
ALCON INC	Switzerland	Healthcare	4.5%
L'OREAL SA	France	Consumer Staples	4.4%
PUMA	Germany	Consumer Discretionary	4.0%
ASSA ABLOY	Sweden	Industrials	3.7%
Total	48.3%

Translation (ENFR, 2023-01-31):
# PROFIL
Classification SFDR : Article 9
Domicile : Luxembourg
Affectation des résultats : Distribution
Type de fonds : UCITS
Forme juridique : SICAV
Nom de la SICAV : Carmignac Portfolio Fin de l’exercice fiscal : 31/12 Souscription/Rachat : Jour ouvrable
Heure limite de passation d’ordres : avant
100
80
01/22
04/22
07/22
10/22
-11.4%
01/23
18:00 heures (CET/CEST)
Date de lancement du Fonds : 30/06/1999
Date de la 1ère VL : 31/12/2021
Devise de cotation : GBP
Actifs sous gestion du Fonds : 703M€ / 764M$ (1)
Carmignac Portfolio Grande Europe IW GBP YDis	Indicateur de référence
PERFORMANCES CUMULÉES ET ANNUALISÉES (au 31/01/2023 - Net de frais)
Performances
Encours de la part : 6.3M£
VL : 88.58£
Catégorie Morningstar™ : Europe Large-Cap Growth Equity

## GÉRANT(S) DU FONDS
	Performances cumulées (%)	
	annualisées (%)	
Mark Denham depuis le 17/11/2016
Depuis le	1
1	Depuis le
Depuis le
| IW GBP YDis | 5.5 | 5.5 | 1.8 | -11.4 |  | -10.6 |
| --- | --- | --- | --- | --- | --- | --- |
| Indicateur de référence | 6.1 | 6.1 | 4.7 | 0.2 |  | 0.2 |
| Moyenne de la catégorie | 6.1 | 6.1 | -0.9 | -10.6 |  | -9.9 |
| Classement (quartile) | 3 | 3 | 2 | 3 |  | 3 |

  30/12/2022	Mois	an	31/12/2021 
Source : Morningstar pour la moyenne de la catégorie et les quartiles.
	31/12/2021	

## INDICATEUR DE RÉFÉRENCE
Stoxx 600 (Dividendes nets réinvestis).

## AUTRES CARACTERISTIQUES ESG
Minimum % d’alignement à la Taxonomie	0%
Minimum % d’investissements durables	80%
Principales Incidences Négatives (PAI)	Oui

## CONTRIBUTION À LA
| STATISTIQUES (%) |  |  | VAR |  |  | PERFORMANCE |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 an |  | VaR du Fonds | 14.4% |  | Portefeuille actions | 6.2% |
| Volatilité du fonds | 22.5 |  | VaR de l'indicateur | 13.0% |  | Derivés actions | -0.0% |
| Volatilité du benchmark | 18.8 |  |  |  |  | Total | 6.2% |
| Ratio de Sharpe | 0.1 |  |  |  |  | Performances brutes mensuelles |  |
| Bêta | 1.1 |  |  |  |  |  |  |
| Alpha | -0.1 |  |  |  |  |  |  |
| Calcul : pas hebdomadaire |  |  |  |  |  |  |  |

* Pour la part Carmignac Portfolio Grande Europe IW GBP YDis. Echelle de risque du KID (Document d’Informations Clés). Le risque 1 ne signifie pas un investissement sans risque. Cet indicateur pourra évoluer dans le temps. (1) Taux de change EUR/USD au 31/01/2023.
| ALLOCATION D'ACTIFS |  |  | RÉPARTITION SECTORIELLE |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |
| Actions | 94.5% |  |  | Santé |  | 37.9% |

Pays développés	94.5%
Allemagne	14.2%
Belgique	4.6%
Danemark	17.1%
Espagne	3.1%
France	18.4%
Irlande	3.1%
Pays-Bas	8.8%
Royaume-Uni	5.9%
Suède	5.9%
Suisse	13.3%
Liquidités, emplois de trésorerie et opérations sur dérivés	5.5%
Poids rebasés
Technologies de l'Information
Industrie Finance
Biens de Consommation de Base Consommation Discrétionnaire Services aux collectivités
Matériaux
RÉPARTITION PAR CAPITALISATION	EXPOSITION NETTE PAR DEVISE
|  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Grandes (>10000 MEUR) |  | 88.0% |  | Euro |  |  |  | 57.0% |
| Moyennes (2000 - 10000MEUR) | 8.9% |  |  | Franc suisse |  | 13.4% |  |  |
| Petites (<2000 MEUR) | 3.1% |  |  | Dollar US | 0.6% |  |  |  |
| Poids rebasés |  |  |  |  |  |  |  |  |
|  |  |  |  | Livre Sterling | 5.9% |  |  |  |
|  |  |  |  | Bloc LATAM | 0.0% |  |  |  |
|  |  |  |  | Autres |  |  | 23.1% |  |
| PRINCIPALES POSITIONS |  |  |  |  |  |  |  |  |
| Nom	Pays | Secteur | % |  |  |  |  |  |  |
| NOVO NORDISK AS	Danemark | Santé | 6.6% |  |  |  |  |  |  |
| SAP SE	Allemagne | Technologies de l'Information | 6.2% |  |  |  |  |  |  |
| LONZA GROUP AG	Suisse | Santé | 5.0% |  |  |  |  |  |  |
| SCHNEIDER ELECTRIC SA	France | Industrie | 4.7% |  |  |  |  |  |  |
| ASML HOLDINGS	Pays-Bas | Technologies de l'Information | 4.6% |  |  |  |  |  |  |
| ARGENX SE	Belgique | Santé | 4.6% |  |  |  |  |  |  |
| ALCON INC	Suisse | Santé | 4.5% |  |  |  |  |  |  |
| L'OREAL SA	France | Biens de Consommation de Base | 4.4% |  |  |  |  |  |  |
| PUMA	Allemagne | Consommation Discrétionnaire | 4.0% |  |  |  |  |  |  |
| ASSA ABLOY	Suède | Industrie | 3.7% |  |  |  |  |  |  |
| Total |  | 48.3% |  |  |  |  |  |  |