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Carmignac Patrimoine A EUR acc

Ranked 1670 out of 2140 in - Flexible EUR over 12 months
All calculations are in USD unless stated

Managed by

Edouard Carmignac

Edouard Carmignac roots his investment decisions in the sophisticated top-down investment philosophy he devised when he set up investment boutique Carmignac Gestion in 1989. In essence, Carmignac defines the geographical areas with the highest potential and then zooms in on the most buoyant sectors. Born in 1947, and a keen polo player, Carmignac graduated in Economics from Paris University. Prior to Carmignac Gestion he had spells with Blyth Eastman Dillon in New York and Banque Paribas in Paris. In 1984 he joined stockbrokers Hamant & Cie and subsequently played an instrumental role in the creation of the firm's fund management subsidiary, Pyramide Gestion.

Rose Ouahba

Rose Ouahba is a portfolio manager and head of the fixed income team at Carmignac Gestion. She joined Carmignac in 2007 as a portfolio manager and became head of the fixed income team in April 2011. Prior to joining Carmignac, Rose worked at IXIS AM for seven years working across several roles. She started her career as a CDC trader in Paris in 1995 and two years later moved into global income portfolio management at Ecureuil. Rose studied a masters in Economic and Financial Sciences at the University of Paris II Panthéon-Assas, she also holds a masters degree (DESS) in Financial Engineering from the University of Paris XII.

Objective

The fund aims to outperform its reference indicator over three years. The fund is a diversified fund combining three performance drivers: international bonds, equities and currencies. At least 50% of the assets are permanently invested in fixed income and money market instruments. Its flexible allocation aims to mitigate capital fluctuation while seeking the best sources of return.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Flexible EUR over : 31/10/2016 - 31/10/2017
  • Rank 1670/2140 Total Return
  • Rank 965/2140 Standard Deviation
  • Rank 474/2140 Max Drawdown

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.9% 6.2% 3.4%
2016 0.9% 2.6% 0.5% 2.2% -4.3%
2015 -9.6% 0.0% -2.0% -6.8% -1.0%
2014 -4.4% -0.8% 2.1% -4.1% -1.7%
2013 8.2% 0.7% -2.9% 4.6% 5.8%
2012 7.1% 4.4% -2.7% 3.0% 2.4%
2011 -4.0% 2.4% 0.7% -5.0% -2.0%
2010 0.0% -4.2% -4.2% 8.1% 0.8%
2009 21.4% 0.4% 11.2% 8.6% 0.2%
2008 -4.9% 4.7% 0.5% -13.6% 4.6%
2007 21.0% -0.6% 5.5% 10.3% 4.6%
2006 16.8% 5.7% 4.2% -1.8% 8.0%
2005 5.2% -1.4% -2.9% 7.8% 2.1%
2004 11.3% 1.3% -5.7% 4.5% 11.5%
2003 36.6% 6.1% 10.6% 3.9% 12.1%
2002 23.9% -0.9% 11.0% 1.0% 11.5%
2001 -8.6% -7.3% -4.1% 1.2% 1.5%
2000 7.6% 2.6% -0.2% -1.1% 6.2%
1999 12.9% -4.5% 10.0% 1.5% 5.9%
1998 16.3% 3.4% -1.6% 2.4% 11.7%
1997 -3.8% -6.3% 6.1% 4.6% -7.6%
1996 11.0% 4.6% 2.0% -2.6% 6.7%
1995 0.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
Italy 2.200% 01-Jun-2027 4.39
US Treasury 0.625% 15-Jan-2026 2.43
Celgene Corp ORD 2.29
Altice NV ORD 2.25
US Treasury 2.125% 15-May-2025 2.24
Mexico 4.500% 04-Dec-2025 2.16
Facebook Inc ORD 1.64
Intercontinental Exchange Inc ORD 1.59
Hermes International SCA ORD 1.49
HDFC Bank Ltd ORD 1.34
30/06/2017

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Ireland
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Spain
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date07/11/1989
  • Share Class size20,481Mn
  • Base currencyEUR
  • ISIN FR0010135103

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

Related News

Carmignac: EMs are out of the 'doghouse'

Fundamentals are stronger than ever, says French asset manager.

Carmignac: why we're moving towards smaller tech firms

The team behind the firm's flagship Carmignac Patrimoine fund have cut allocation to financials.

Strategic shelters: how go-anywhere funds are adapting to sell-off

Take a look at what some blockbuster funds have done in response to the rocky start to 2016.

Carmignac ups short on German and US bonds

The French firm has also taken profits on some of its developed bond positions and warns over inflation picking up.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).