Carmignac Merger Arbitrage Plus F EUR Acc

The sub-fund aims to achieve net positive performance over the recommended investment horizon of three years. The sub-fund has no reference indicator. The Sub-Fund's investment strategy is an alternative strategy referred to as "special situations". The investment strategy is implemented by purchase or sale of shares in the companies involved in a merger or acquisition, or in other special situations which may include demergers (spin offs), changes in shareholding, changes in capital structure, changes in management and strategy, etc. The Sub-Fund may also invest in other asset classes than the shares of companies involved in special situations. Up to 75% of the sub-fund's net assets may also be invested in debt securities and money market instruments traded on European or foreign markets. The sub-fund uses derivatives for hedging or arbitrage purposes, or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, equities (all categories of capitalisation), ETFs, dividends, volatility and variance (the latter two categories for up to 10% of net assets). The derivatives available are options (vanilla, barrier, binary), futures and forwards, swaps (including performance) and CFDs (contracts for difference) on one or more underlyings. The decision to buy, hold or sell debt securities will not automatically and solely depend on their rating but also an internal analysis based mainly on return, credit rating, liquidity and maturity criteria. The sub-fund may invest up to 10% of its net assets in units or shares of investment funds. This sub-fund is an actively managed UCITS. An actively managed UCITS is one where the investment manager has discretion over the composition of its portfolio, subject to the stated investment objectives and policy.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No