Carmignac Portfolio Commodities A Hdg1

89,02 CHF

NAV 21/10/2019

0,48 CHF (0,54%)

Evolution compared to the last NAV
Funds'name

Carmignac Portfolio

Type

Energy/Natural resources

Rating 3
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Minimum buy value

no minimum for STRATEO INVEST

Minimum sell value

no minimum for STRATEO INVEST

Cap/Dist

Capitalisation

Regional split

Sectorial split

Major holdings

Rio Tinto PLC 4,91%
Glencore International 3,84%
EXXON MOBIL CORP 3,38%
NEWMONT MINING CORP 3,27%
Pioneer Natural Resources 3,17%
Tessenderlo 2,91%
Canadian Natural Resources Ltd 2,65%
Suncor Energy 2,59%
Chevron -USD- 2,42%
Enbridge 2,38%

Factsheet

Isin LU0807690671
Name Carmignac Portfolio Commodities A Hdg
Total Assets 0 million
Fund type Equity fund
Management fee 1,80%
Distribution fee 0,6% on the assets
Fund manager
Fund manager since 19/07/2012
Legal type and nationality Investment company according to Luxembourg law
Financial Service BNP Paribas Securities Services (Lux)
Frequency Listing daily
Investment Horizon > 5 years
Investment Category Shares (sector) : Commodities
European Passport Yes
Quote Currency CHF
Publication NV www.beama.be

Registration and reception of the requests of issue/redemption/change of sub-fund

Each subscription/redemption request of shares can be introduced and registered on each working day before 11h30 (Belgian time) through the transaction site of Strateo. If we receive your order before 11h30, it will be executed at the NAV of the same day (D), of the following day (D+1) or the next following day (D+2), depending from the fund.

If you want to be certain about the NAV of execution, we advise you to check the prospectus (see conditions for the subscription and the redemptions of shares). If Strateo receives your order after 11h30, the order will be considered being placed the following day.

Requests for changes of sub-fund are not possible at Strateo

Risk

Derivatives risk

Counterparty risk

Risk linked to Commodities

SRRI risk indicator 2

Lower risk
Higher risk
 
Potentially lower return
Potentially higher return
 
 
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2 The synthetic risk indicator gives an indication of the risk associated with investing in a collective investment. The scale goes from 1 (weakest risk) to 7 (highest). The lowest category does not indicate that the investment is risk free. The indicator is based on historical data and may possibly not be a reliable indication of the future risk profile of the fund. The type of risk is not a guarantee and may change over time. (you can find more information here)

Tariff structure

Stock exchange tax at redemption Stamp duty
Local withholding tax applicable
Swiss domiciliation fund: 35%.
Luxembourg domiciliation fund: 15%.
Capital Gains Tax not applicable
Entry fees 0 CHF
Exit fees 0 CHF *

For other, non-current costs that might be paid by the investor, we refer to the prospectus

* If you transfer a fund/the funds of your STRATEO INVEST to your trading account before the end of the fifth year, you will have to pay fees of CHF 9.95 (per transferred fund).

Investment policy

2 The sub-fund aims to outperform its reference indicator over a period exceeding five years and to seize the best opportunities available around the world using an active, discretionary investment strategy. 2 The reference indicator is a combination of the following MSCI indices: 45% MSCI AC World Oil Gas & Consum NR (USD), 5% MSCI AC World Energy Equipment NR (USD), 40% MSCI AC World Metals & Mining NR (USD), 5% MSCI AC World Paper & Forest Products NR (USD), 5% MSCI AC World Chemicals NR (USD), since 01/07/2013 inclusive. It is rebalanced each quarter and converted into euro for EUR units and hedged units, and into the reference currency of the unit class for unhedged units. 2 The sub-fund is an international equity fund invested across the whole of the natural resources sector (energy, precious metals, base metals, agricultural commodities and wood). Companies in which the sub-fund invests operate in the commodities, mining, production, enrichment and/or processing sectors. They may also be companies specialised in energy production, services and equipment. The sub-fund invests in financial markets all over the world. 2 The manager may use Relative Value strategies as performance drivers, looking to take advantage of the relative value between different instruments. Short positions may also be taken through derivatives. Other information: 2 The sub-fund uses derivatives for hedging or arbitrage purposes, and/or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, equities (all categories of capitalisation), ETFs, dividends, volatility, variance (the latter two categories for up to 10% of net assets) and commodities. The derivatives available are options (vanilla, barrier, binary), futures and forwards, swaps (including performance) and CFDs (contracts for difference) on one or more underlyings. 2 The sub-fund may invest up to 10% of its net assets in units or shares of UCIs. 2 Up to 10 % of the net assets may be invested in contingent convertible bonds (?CoCos?). CoCos are regulated subordinated debt instruments that are complex, but consistent in nature. Please refer to the prospectus for more information. 2 This unit class is hedged: hedged against currency risk. 2 This sub-fund may not be suitable for investors planning to withdraw their investment within five years. 2 Investments may be redeemed each business day on request. Subscription and redemption requests are centralised on each NAV calculation and publication day before 18:00 CET/CEST and are executed on the next business day using the previous day's NAV. 2 This unit is an accumulation unit.

If you have a complaint, please contact our Legal Department: legal@strateo.ch

1 Fund means «Undertaking for collective Investment». Undertaking for collective Investment is a general term used for different undertakings collecting money from the public and whose activity consists in managing an investment portfolio. The fund notion contains as well collective investment schemes in the form of an investment company (such as the Sicav or Sicafi) as the contractual funds (such as the Mutual Fund) and their sub-funds.

3 When you would like to have more information on the diamond rating of VWD, please click here.