# PROFILE
SFDR Fund Classification: Article 8
Domicile: France
Dividend Policy: Distribution
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
150
100
50
01/13 02/13
02/14
02/15
02/16
02/17
02/18
02/19
02/20
02/21
02/22
02/23
Date of 1st NAV: 19/06/2012
Base Currency: EUR
Fund AUM: 3052M€ / 3236M$ (1)
Share class AUM: 22M€
NAV: 175.09€
Carmignac Investissement A EUR Ydis	Reference Indicator
CUMULATIVE AND ANNUALIZED PERFORMANCE (as of 28/02/2023 - Net of fees)
	Cumulative Performance (%)	 Annualised Performance (%) 
|  | Since | 1 | 1 | 3 | 5 | 10 |  | 3 | 5 | 10 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 30/12/2022 | Month | Year | Years | Years | Years |  | Years | Years | Years |
| A EUR Ydis | 3.8 | -1.6 | -5.2 | 20.7 | 22.8 | 67.0 |  | 6.5 | 4.2 | 5.3 |
| Reference Indicator | 4.8 | -0.5 | -2.8 | 33.4 | 52.6 | 164.4 |  | 10.1 | 8.8 | 10.2 |
| Category Average | 5.9 | -0.0 | -6.3 | 24.0 | 43.7 | 149.4 |  | 7.4 | 7.5 | 9.6 |
| Ranking (Quartile) | 4 | 4 | 2 | 3 | 4 | 4 |  | 3 | 4 | 4 |

Source: Morningstar for the category average and quartiles.
Morningstar Category™: Global Large-Cap Growth Equity

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

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

## OTHER ESG CHARACTERISTICS
Minimum % Taxonomy Alignment	0%
Minimum % Sustainable Investments	50%
Principal Adverse Impact Indicators	Yes

## STATISTICS (%)
1 Year 3 Years

## VAR
Fund VaR	13.6%

## PERFORMANCE CONTRIBUTION
Equity Portfolio	-1.4%
| Fund Volatility | 19.0 | 18.6 | Indicator VaR | 11.8% | Total | -1.4% |
| --- | --- | --- | --- | --- | --- | --- |
| Indicator Volatility | 16.4 | 17.1 |  |  | Gross monthly performance |  |
| Sharpe Ratio | -0.3 | 0.4 |  |  |  |  |
| Beta | 1.1 | 1.0 |  |  |  |  |
| Alpha | 0.0 | -0.1 |  |  |  |  |
| Calculation : Weekly basis |  |  |  |  |  |  |

* For the share class Carmignac Investissement A EUR 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 28/02/2023.
| ASSET ALLOCATION |  |  | SECTOR BREAKDOWN |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |
| Equities | 97.8% |  |  | Healthcare |  | 21.2% |
| Developed Countries | 87.3% | Information Technology | 19.4% |

North America	53.5%
Asia-Pacific	1.1%
Europe	32.8%
Emerging Markets	10.5%
Latin America	1.0%
Asia	9.5%
Cash, Cash Equivalents and Derivatives Operations	2.2%
Consumer Discretionary
Industrials Consumer Staples
Financials Communication Services
Energy
4.8%
3.8%
9.7%
8.4%
8.4%
18.8%
Materials	3.2%
Real Estate	1.1%
Rebased weights
Utilities
1.1%

## CAPITALISATION BREAKDOWN
Large (>10000 MEUR)
96.0%

## NET CURRENCY EXPOSURE OF THE FUND
EUR
Mid (2000 - 10000 MEUR)	CHF
Rebased weights
Small (<2000 MEUR)
US Dollar
GBP
61.3%
JPY
Latin America
AUD and CAD
ASIAN BLOC
Others
| TOP TEN |  |  |  |  | GEOGRAPHIC BREAKDOWN |  |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |
| Name | Country | Sector | % |  |  | USA |  |  | 52.9% |
| HERMES INTERNATIONAL | France | Consumer Discretionary | 4.7% |  |  | France |  | 15.7% |  |
| ORACLE | USA | Information Technology | 3.7% |  |  |  |  |  |  |
|  |  |  |  | China | 8.6% |
| AIRBUS GROUP | France | Industrials | 3.4% |  |  |
| ALIBABA GROUP HOLDING | China | Consumer Discretionary | 3.3% | United Kingdom | 6.7% |
| MICROSOFT CORP | USA | Information Technology | 3.3% | Denmark | 3.6% |
| STRYKER CORP | USA | Healthcare | 3.2% | Germany | 3.3% |
| S&P GLOBAL | USA | Financials | 3.0% |  |  |  |  |  |  |  |
|  |  |  |  | Canada | 1.8% |
| ASTRAZENECA PLC | United Kingdom | Healthcare | 2.6% |  |  |
| NOVO NORDISK AS | Denmark | Healthcare | 2.4% | Netherlands | 1.6% |
| ADVANCED MICRO DEVICES | USA | Information Technology | 2.4% | Switzerland | 1.6% |

Total	32.1%
Japan
Other countries
Rebased weights

Translation (ENIT, 2023-02-28):
# PROFILO
Classificazione SFDR: Articolo 8
Domiciliazione: Francia
Destinazione dei proventi: Distribuzione
Tipo di Fondo: UCITS
Forma giuridica: FCI
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: 26/01/1989
Data primo NAV: 19/06/2012
Valuta di quotazione: EUR
Patrimonio Gestito del Fondo: 3052M€ / 3236M$ (1)
01/13 02/13
02/14
02/15
02/16
02/17
02/18
02/19
02/20
02/21
02/22
02/23
Patrimonio Gestito del Fondo: 22M€
Carmignac Investissement A EUR Ydis	Indice di riferimento
PERFORMANCE CUMULATE E ANNUALIZZATE (al 28/02/2023 - al netto delle commissioni)
Rendimenti cumulati (%)	Performance annualizzate (%)
NAV: 175.09€
Categorie Morningstar™: Global Large-Cap Growth Equity

## GESTORE DEL FONDO
David Older dal 14/09/2018
Dal
1	1	3
5	10
3	5	10
| A EUR Ydis | 3.8 | -1.6 | -5.2 | 20.7 | 22.8 | 67.0 |  | 6.5 | 4.2 | 5.3 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Indice di riferimento | 4.8 | -0.5 | -2.8 | 33.4 | 52.6 | 164.4 |  | 10.1 | 8.8 | 10.2 |
| Media della categoria | 5.9 | -0.0 | -6.3 | 24.0 | 43.7 | 149.4 |  | 7.4 | 7.5 | 9.6 |
| Classificazione (quartile) | 4 | 4 | 2 | 3 | 4 | 4 |  | 3 | 4 | 4 |

 30/12/2022	Mese	anno	anni	anni	anni 
Fonte: Morningstar, per la media di categoria e per i quartile.
  anni	anni	anni 

## INDICE DI RIFERIMENTO
MSCI ACWI (USD) (Dividendi netti reinvestiti).

## ALTRE CARATTERISTICHE ESG
% Minima di allineamento alla tassonomia	0%
% Minima di investimenti sostenibili	50%
Principali impatti negativi considerati	Sì

## CONTRIBUTO ALLA PERFORMANCE LORDA
| STATISTICHE (%) |  |  |  | VAR |  |  | MENSILE |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 anno | 3 anni |  | VaR % Fondo | 13.6% |  | Portafoglio azionario | -1.4% |
| Volatilite del fondo | 19.0 | 18.6 |  | VaR % Indice | 11.8% |  | Totale | -1.4% |
| volatilità dell'indicatore | 16.4 | 17.1 |  |  |  |  | Gross monthly performance |  |
| Ratio di Sharpe | -0.3 | 0.4 |  |  |  |  |  |  |
| Beta | 1.1 | 1.0 |  |  |  |  |  |  |
| Alfa | 0.0 | -0.1 |  |  |  |  |  |  |
| Calcolo: base mensile |  |  |  |  |  |  |  |  |

* Per Carmignac Investissement A EUR Ydis. Scala di Rischio del KID (documento contenente le informazioni chiave). 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 28/02/2023.
| RIPARTIZIONE PER ASSET CLASS |  |  | RIPARTIZIONE PER SETTORE |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |
| Azioni | 97.8% |  | Healthcare |  | 21.2% |
| Paesi sviluppati | 87.3% |  | Settore IT |  | 19.4% |

America Settentrionale	53.5%
Asia Pacifico	1.1%
Europa	32.8%
Paesi emergenti	10.5%
America Latina	1.0%
Asia	9.5%
Liquidità, impieghi di tesoreria e operazioni su derivati	2.2%
Beni voluttuari
Industria Beni di consumo
Finanza Servizi di Comunicazione
Energia
4.8%
3.8%
9.7%
8.4%
8.4%
18.8%
Materiali	3.2%
Investimento immobiliare	1.1%
I pesi ribilanciati su base 100
Servizi Pubblici
1.1%

## RIPARTIZIONE PER CAPITALIZZAZIONE
Grandi (>10000 MEUR)
96.0%

## ESPOSIZIONE NETTA DEL FONDO PER VALUTA
EUR
Medie (2000 - 10000 MEUR)	CHF
Piccole (<2000 MEUR)
I pesi ribilanciati su base 100
USD GBP
61.3%
JPY
America Latina
AUD e CAD
ASIA
Altre

## TOP TEN POSIZIONI
Nome	Paese	Settore	%
HERMES INTERNATIONAL	Francia	Beni voluttuari	4.7%
ORACLE	Stati Uniti	Settore IT	3.7%

## RIPARTIZIONE PER AREA GEOGRAFICA
Stati Uniti Francia
52.9%
|  | Cina |  | 8.6% |
| --- | --- | --- | --- |
| AIRBUS GROUP | Francia | Industria | 3.4% |  |  |  |
| ALIBABA GROUP HOLDING | Cina | Beni voluttuari | 3.3% | Regno Unito |  | 6.7% |
| MICROSOFT CORP | Stati Uniti | Settore IT | 3.3% | Danimarca |  | 3.6% |
| STRYKER CORP | Stati Uniti | Healthcare | 3.2% | Germania |  | 3.3% |
| S&P GLOBAL | Stati Uniti | Finanza | 3.0% |  |  |  |
|  |  |  |  | Canada | 1.8% |
| ASTRAZENECA PLC | Regno Unito | Healthcare | 2.6% |  |  |
| NOVO NORDISK AS | Danimarca | Healthcare | 2.4% | Paesi Bassi | 1.6% |
| ADVANCED MICRO DEVICES | Stati Uniti | Settore IT | 2.4% | Svizzera | 1.6% |

Totale	32.1%
Giappone
Altri paesi
I pesi ribilanciati su base 100