# PROFILE
SFDR Fund Classification: Article 9
Domicile: Luxembourg
Dividend Policy: Accumulation
140
120
100
80
06/19
09/19
09/20
09/21
35.3%
31.7%
09/22
Fund Type: UCITS
Legal Form: SICAV
SICAV Name: Carmignac Portfolio Fiscal Year End: 31/12 Subscription/Redemption: Daily
Order Placement Cut-Off Time: Before 18:00 (CET/CEST)
Fund Inception Date: 31/05/2019
Carmignac Portfolio Family Governed A EUR Acc	Reference Indicator
CUMULATIVE AND ANNUALIZED PERFORMANCE (as of 30/09/2022 - Net of fees)
|  | Since 31/12/2021 | 1 Month | 1 Year | 3 Years | Since 31/05/2019 |  | 3 Years | Since 31/05/2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| A EUR Acc | -19.6 | -6.4 | -13.8 | 24.4 | 31.7 |  | 7.5 | 8.6 |
| Reference Indicator | -13.7 | -7.2 | -6.1 | 24.3 | 35.3 |  | 7.5 | 9.5 |
| Category Average | -21.7 | -7.3 | -16.7 | 19.0 | 27.6 |  | 6.0 | 7.6 |
| Ranking (Quartile) | 2 | 1 | 2 | 2 | 2 |  | 2 | 2 |

Annualised Performance
Date of 1st NAV: 31/05/2019
Base Currency: EUR
Fund AUM: 28M€ / 27M$ (1) Share class AUM: 25M€ NAV: 131.68€
Cumulative Performance (%)
(%)
Morningstar Category™: Global Large-Cap Growth Equity
Source: Morningstar for the category average and quartiles.
| STATISTICS (%) |  |  |  | VAR |  |  | PERFORMANCE CONTRIBUTION |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 Year 3 | Years |  | Fund VaR | 11.5% |  | Equity Portfolio | -5.8% |
| Fund Volatility | 20.2 | 19.3 |  | Indicator VaR | 11.7% |  | Equity Derivatives | -0.4% |
| Indicator Volatility | 16.6 | 18.5 |  |  |  |  | Total | -6.2% |
| Sharpe Ratio | -0.7 | 0.4 |  |
| Beta | 1.1 | 0.8 |
| Alpha | -0.1 | -0.1 |
| Calculation : Weekly basis |  |  |


## MONTHLY GROSS
09/2022

## FUND MANAGER(S)
Mark Denham since 31/05/2019 Obe Ejikeme since 31/05/2019

## REFERENCE INDICATOR
MSCI ACWI (USD) (Reinvested Net Dividends).
* For the share class Carmignac Portfolio Family Governed 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
Equities	87.1%

## SECTOR BREAKDOWN
Healthcare
43.5%
Developed Countries	83.4%
North America	52.4%
Consumer Discretionary
|  | Industrials |  | 12.9% |
| --- | --- | --- | --- |
| Asia-Pacific | 2.4% |  |  |  |
| Europe | 28.6% | Information Technology |  | 12.7% |
|  |  |  |  |  |
| Emerging Markets | 3.8% | Consumer Staples |  | 8.8% |
| Asia | 3.8% | Financials |  | 4.3% |

Cash, Cash Equivalents and Derivatives Operations	12.9%
Rebased weights
Communication Services

## CAPITALISATION BREAKDOWN
Large (>10000 MEUR)	95.8%

## NET CURRENCY EXPOSURE OF THE FUND
EUR
Rebased weights
Mid (2000 - 10000 MEUR)
CHF
US Dollar
52.3%
JPY
ASIAN BLOC
Others

## TOP TEN
Name	Country	Sector	%
ELI LILLY & CO.	USA	Healthcare	6.3%
DANAHER CORP	USA	Healthcare	6.1%
NOVO NORDISK AS	Denmark	Healthcare	5.6%

## GEOGRAPHIC BREAKDOWN
USA
France Denmark
60.1%
VEEVA SYSTEMS INC-CLASS A   USA	Healthcare	4.6%
COPART INC	USA	Industrials	4.3% ESTEE LAUDER COMPANIES INC  USA	Consumer Staples	4.2%
PAYCHEX INC.	USA	Information Technology	3.9%
CINTAS CORP.	USA	Industrials	3.7% MASTERCARD INC	USA	Information Technology	3.3% ROCHE HOLDING	Switzerland	Healthcare	3.2%
Total	45.2%
Rebased weights
Switzerland Germany China Japan Italy
Hong Kong

Translation (ENIT, 2022-09-30):
# PROFILO
Classificazione SFDR: Articolo 9 Domiciliazione: Lussemburgo Destinazione dei proventi: Capitalizzazione Tipo di Fondo: UCITS
Forma giuridica: SICAV
140
120
100
80
06/19
09/19
09/20
09/21
35.3%
31.7%
09/22
Nome SICAV: Carmignac Portfolio
Chiusura dell'esercizio: 31/12
Sottoscrizione/Rimborso: Giorno lavorativo
Termine ultimo accettazione ordini: entro le ore 18:00 (CET/CEST)
Data di lancio del Fondo: 31/05/2019
Carmignac Portfolio Family Governed A EUR Acc	Indice di riferimento
PERFORMANCE CUMULATE E ANNUALIZZATE (al 30/09/2022 - al netto delle commissioni)
Performance annualizzate
|  | Dal 31/12/2021 | 1 Mese | 1 anno | 3 anni | Dal 31/05/2019 |  | 3 anni | Dal 31/05/2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| A EUR Acc | -19.6 | -6.4 | -13.8 | 24.4 | 31.7 |  | 7.5 | 8.6 |
| Indice di riferimento | -13.7 | -7.2 | -6.1 | 24.3 | 35.3 |  | 7.5 | 9.5 |
| Media della categoria | -21.7 | -7.3 | -16.7 | 19.0 | 27.6 |  | 6.0 | 7.6 |
| Classificazione (quartile) | 2 | 1 | 2 | 2 | 2 |  | 2 | 2 |

	Rendimenti cumulati (%)		(%)
Data primo NAV: 31/05/2019
Valuta di quotazione: EUR
Patrimonio Gestito del Fondo: 28M€ / 27M$ (1)
Patrimonio Gestito del Fondo: 25M€
NAV: 131.68€
Categorie Morningstar™: Global Large-Cap Growth Equity
Fonte: Morningstar, per la media di categoria e per i quartile.

## CONTRIBUTO ALLA
09/2022

## GESTORE DEL FONDO
Mark Denham dal 31/05/2019 Obe Ejikeme dal 31/05/2019

## INDICE DI RIFERIMENTO
STATISTICHE (%)
VAR

## PERFORMANCE LORDA MENSILE
MSCI ACWI (USD) (Dividendi netti reinvestiti).
|  | 1 anno | 3 anni |  | VaR % Fondo | 11.5% |  | Portafoglio azionario | -5.8% |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Volatilite del fondo | 20.2 | 19.3 |  | VaR % Indice | 11.7% |  | Derivati Azioni | -0.4% |
| Volatilite dell'indicatore | 16.6 | 18.5 |  |  |  |  | Totale | -6.2% |
| Ratio di Sharpe | -0.7 | 0.4 |  |
| Beta | 1.1 | 0.8 |
| Alfa | -0.1 | -0.1 |
| Calcolo: base mensile |  |  |

* Per Carmignac Portfolio Family Governed A EUR Acc. Scala di Rischio del KIID (Informazioni chiave per gli investitori). Il rischio 1 non significa che l'investimento sia privo di rischio.
Questo indicatore può evolvere nel tempo. (1) Tasso di cambio EUR/USD al 30/09/2022.
| RIPARTIZIONE PER ASSET CLASS |  |  | RIPARTIZIONE PER SETTORE |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |
| Azioni | 87.1% |  | Healthcare |  |  | 43.5% |
| Paesi sviluppati | 83.4% |  | Beni voluttuari |  | 14.9% |  |

America Settentrionale	52.4%
|  | Industria | 12.9% |
| --- | --- | --- |
| Asia Pacifico | 2.4% |  |  |
| Europa | 28.6% | Settore IT | 12.7% |
|  |  |  |  |
| Paesi emergenti | 3.8% | Beni di consumo | 8.8% |
| Asia | 3.8% | Finanza | 4.3% |

Liquidità, impieghi di tesoreria e operazioni su derivati	12.9%
Peso ribasato
Servizi di Comunicazione

## RIPARTIZIONE PER CAPITALIZZAZIONE
Grandi (>10000 MEUR)	95.8%

## ESPOSIZIONE NETTA DEL FONDO PER VALUTA
EUR
Peso ribasato
Medie (2000 - 10000 MEUR)
CHF USD
52.3%
JPY
ASIA
Altre

## TOP TEN POSIZIONI
Nome	Paese	Settore	%
ELI LILLY & CO.	Stati Uniti	Healthcare	6.3%
DANAHER CORP	Stati Uniti	Healthcare	6.1%
NOVO NORDISK AS	Danimarca	Healthcare	5.6%
VEEVA SYSTEMS INC-CLASS A	Stati Uniti	Healthcare	4.6%
COPART INC	Stati Uniti	Industria	4.3% ESTEE LAUDER COMPANIES INC  Stati Uniti	Beni di consumo	4.2% PAYCHEX INC.	Stati Uniti	Settore IT	3.9%
CINTAS CORP.	Stati Uniti	Industria	3.7%
MASTERCARD INC	Stati Uniti	Settore IT	3.3%
ROCHE HOLDING	Svizzera	Healthcare	3.2%
Totale	45.2%

## RIPARTIZIONE PER AREA GEOGRAFICA
Stati Uniti Francia Danimarca Svizzera Germania
Cina Giappone
Italia
Hong Kong
Peso ribasato
60.1%