# 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
Order Placement Cut-Off Time: Before 15:00 (CET/CEST)
80
60
04/21
05/21
08/21
11/21
02/22
05/22
08/22
11/22
-15.1%
-24.4%
02/23
Fund Inception Date: 15/11/2013 Date of 1st NAV: 05/03/2021 Base Currency: EUR
Fund AUM: 313M€ / 331M$ (1)
Share class AUM: 1.7M€
Carmignac Portfolio Emergents A EUR Ydis	Reference Indicator
CUMULATIVE AND ANNUALIZED PERFORMANCE (as of 28/02/2023 - Net of fees)
Annualised
	Cumulative Performance (%)		Performance (%)
NAV: 75.59€
Morningstar Category™: Global Emerging Markets Equity

## FUND MANAGER(S)
Xavier Hovasse since 25/02/2015
Since 30/12/2022
1
Month
1
Year
Since 05/03/2021
Since 05/03/2021
Haiyan Li-Labbé since 01/01/2021
A EUR Ydis	4.2	-5.0	-3.0	-24.4		-13.1	

## REFERENCE INDICATOR
| Reference Indicator | 1.5 | -4.2 | -10.3 | -15.1 | -7.9 | MSCI EM (USD) (Reinvested Net Dividends). |
| --- | --- | --- | --- | --- | --- | --- |
| Category Average | 2.5 | -3.8 | -9.7 | -16.1 | -8.5 |  |
| Ranking (Quartile) | 1 | 4 | 1 | 4 | 4 | OTHER ESG CHARACTERISTICS |

Source: Morningstar for the category average and quartiles.

## PERFORMANCE
Minimum % Taxonomy Alignment	0%
Minimum % Sustainable Investments	80%
Principal Adverse Impact Indicators	Yes
| STATISTICS (%) |  |  | VAR |  |  | CONTRIBUTION |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | 1 Year |  | Fund VaR | 17.1% |  | Equity Portfolio | -5.1% |
| Fund Volatility | 25.6 |  | Indicator VaR | 12.4% |  | Equity Derivatives | 0.1% |
| Indicator Volatility | 18.6 |  |  |  |  | Currency Derivatives | 0.4% |
| Sharpe Ratio | -0.1 |  |  |  |  | Mutual Fund | -0.2% |
| Beta | 1.0 |  |  |  |  | Total | -4.9% |
| Alpha | -0.1 |  |  |  |  | Gross monthly performance |  |
| Calculation : Weekly basis |  |  |  |  |  |  |  |

* For the share class Carmignac Portfolio Emergents 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 | 95.8% |  | Consumer Discretionary |  |  | 31.3% |
| Developed Countries | 2.1% |  | Information Technology |  | 20.9% |  |

Asia-Pacific	2.1%
Emerging Markets	93.7%
Financials
| Latin America | 17.2% | Utilities |  |
| --- | --- | --- | --- |
| Asia | 76.3% | Healthcare | 5.2% |
| Eastern Europe | 0.3% | Industrials | 5.2% |

9.8%
14.3%
Cash, Cash Equivalents and Derivatives Operations	4.2%
Materials
4.5%
Real Estate 3.6%
Consumer Staples 3.4%
Rebased weights
Communication Services
1.9%

## CAPITALISATION BREAKDOWN
Large (>10000 MEUR)
80.1%

## NET CURRENCY EXPOSURE OF THE FUND
Renminbi (Yuan)
39.3%
Mid (2000 - 10000 MEUR)	Won
Rebased weights
Small (<2000 MEUR)
Brazilian Real
US Dollar
New Taiwan Dollar
Indian Rupee
Chilean Peso
Mexican Peso
Euro
Yen
Others
Look through currency exposure, based on the home market of the foreign company.

## TOP TEN
Name	Country	Sector	%

## GEOGRAPHIC BREAKDOWN
China
39.4%
|  | Brazil |  |  | 11.9% |
| --- | --- | --- | --- | --- |
| GRUPO BANORTE | Mexico | Financials | 5.8% |  |  |  |  |
| ELETROBRAS ON | Brazil | Utilities | 5.0% | Taiwan |  |  | 7.7% |
| ALIBABA GROUP HOLDING | China | Consumer Discretionary | 4.8% | India |  |  | 7.3% |
| MINISO GROUP | China | Consumer Discretionary | 4.8% | Mexico |  |  | 6.0% |

SAMSUNG ELECTRONICS	South Korea	Information Technology	8.6% TAIWAN SEMICONDUCTOR	Taiwan	Information Technology	7.3%
South Korea
ANTA SPORTS PRODUCTS	China	Consumer Discretionary	4.6% LG CHEM	South Korea	Materials	4.3%
Hong Kong
H.K EXCHANGES AND CLEARING LTD
Hong Kong	Financials	3.9%
Japan
Malaysia
HAIER SMART HOME CO H	China	Consumer Discretionary	3.5%
Total	52.5%
Rebased weights
Singapur Other countries

Translation (ENDE, 2023-02-28):
# PROFIL
SFDR-Fonds-Klassifizierung: Artikel 9 Domizil: Luxemburg Ertragsverwendung: Ausschüttung Fondstyp: UCITS
Rechtsform: SICAV
Name der SICAV: Carmignac Portfolio Geschäftsjahresende: 31/12 Zeichnung/Rücknahme: Werktag Orderannahmefrist: vor 15:00 Uhr (MEZ/MESZ) Auflegungsdatum des Fonds: 15/11/2013 Datum des ersten NAV: 05/03/2021
80
60
04/21
05/21
08/21
11/21
02/22
05/22
08/22
11/22
-24.4%
02/23
Notierungswährung: EUR
Verwaltetes Vermögen des Fonds: 313M€ / 331M$ (1)
Carmignac Portfolio Emergents A EUR Ydis	Referenzindikator
KUMULIERTE UND ANNUALISIERTE PERFORMANCE (zum 28/02/2023 - nach Abzug von
Gebühren)
Annualisierte
	Jährliche Wertentwicklungen (%)		Performance (%)
|  | seit | 1 | 1 | seit |  | seit |
| --- | --- | --- | --- | --- | --- | --- |
| 30/12/2022 | Monat | Jahr | 05/03/2021 |  | 05/03/2021 |
| A EUR Ydis | 4.2 | -5.0 | -3.0 | -24.4 |  | -13.1 |
| Referenzindikator | 1.5 | -4.2 | -10.3 | -15.1 |  | -7.9 |

Volumen der Anteilsklasse: 1.7M€
NAV: 75.59€
Morningstar Kategorie™: Global Emerging Markets Equity

## FONDSMANAGER
Xavier Hovasse seit 25/02/2015 Haiyan Li-Labbé seit 01/01/2021

## REFERENZINDIKATOR
MSCI EM (USD) (Vierteljährlich neu gewichtet).
Durchschnitt der Kategorie
2.5	-3.8	-9.7	-16.1	-8.5

## ANDERE ESG-MERKMALE
Ranking (Quartil)	1	4	1	4	4
Quelle: Morningstar für den Durchschnitt der Kategorie und die Quartile.

## MONATLICHER BRUTTO-
Minimum % Taxonomie	0%
Minimum % nachhaltiger Investments	80%
Principal Adverse Impact Berücksichtigung	Ja

## STATISTIKEN (%)
VAR

## PERFORMANCEBEITRAG
|  | 1 Jahr |  | VaR des Portfolios | 17.1% |  | Aktienportfolio | -5.1% |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Volatilität des Fonds | 25.6 |  | VaR der Benchmark | 12.4% |  | Aktien Derivate | 0.1% |
| Volatilität des Indikators | 18.6 |  |  |  |  | Devisen Derivate | 0.4% |
| Sharpe-Ratio | -0.1 |  |  |  |  | OGAW | -0.2% |
| Beta | 1.0 |  |  |  |  | Summe | -4.9% |
| Alpha | -0.1 |  |  |  |  | Gross monthly performance |  |
| Berechnung: wöchentlich |  |  |  |  |  |  |  |

* Für die Anteilsklasse Carmignac Portfolio Emergents A EUR Ydis. Risiko Skala von KID (Basisinformationsblatt). Das Risiko 1 ist nicht eine risikolose Investition. Dieser Indikator kann sich im Laufe der Zeit verändern. (1) Wechselkurs EUR/USD zum 28/02/2023.
| PORTFOLIOSTRUKTUR |  |  | SEKTOREN |  |
| --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |
| Aktien | 95.8% |  |  | Nicht-Basiskonsumguter |  |  | 31.3% |
| Industriestaaten | 2.1% |  |  | IT |  | 20.9% |  |

Asien - Pazifik	2.1%
Schwellenländer	93.7%
Finanzwesen
| Lateinamerika | 17.2% | Versorger |  |
| --- | --- | --- | --- |
| Asien | 76.3% | Gesundheitswesen | 5.2% |
| Osteuropa | 0.3% | Industrieunternehmen | 5.2% |

9.8%
14.3%
Liquidität, Einsatz von Bargeldbestand und Derivate	4.2%
Roh- Hilfs- & Betriebsstoffe
4.5%
Immobilien 3.6%
Basiskonsumgüter 3.4%
Kommunikationsdienste
Umbasierte Gewichtung
1.9%

## MARKTKAPITALISIERUNG
Large (>10000 MEUR)
80.1%

## NETTODEVISEN-EXPOSURE DES FONDS
CNY
39.3%
Mid (2000 - 10000 MEUR)	KRW
Umbasierte Gewichtung
Small (<2000 MEUR)
BRL USD
TWD
INR
CLP
MXN
EUR
JPY
Sonstige
Transparentes Währungsexposure auf der Basis des Heimatmarktes des ausländischen Unternehmens.
| TOP TEN POSITIONEN |  |  |  |  | REGIONEN |  |
| --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |
| Name | Land | Sektor | % |  |  | China |  |  | 39.4% |
| SAMSUNG ELECTRONICS | Südkorea | IT | 8.6% |  |  | Südkorea |  | 16.9% |  |
| TAIWAN SEMICONDUCTOR | Taiwan | IT | 7.3% |  |  |  |  |  |  |
|  |  |  |  | Brasilien | 11.9% |
| GRUPO BANORTE | Mexiko | Finanzwesen | 5.8% |  |  |
| ELETROBRAS ON | Brasilien | Versorger | 5.0% | Taiwan | 7.7% |
| ALIBABA GROUP HOLDING | China | Nicht-Basiskonsumguter | 4.8% | Indien | 7.3% |
| MINISO GROUP | China | Nicht-Basiskonsumguter | 4.8% | Mexiko | 6.0% |
| ANTA SPORTS PRODUCTS | China | Nicht-Basiskonsumguter | 4.6% |  |  |  |  |  |  |

Hongkong
LG CHEM	Südkorea	Roh- Hilfs- & Betriebsstoffe	4.3%
H.K EXCHANGES AND CLEARING LTD
Hongkong	Finanzwesen	3.9%
Japan
Malaysia
HAIER SMART HOME CO H	China	Nicht-Basiskonsumguter	3.5%
Summe	52.5%
Umbasierte Gewichtung
Singapur Andere Länder