Carmignac Credit 2027 - E EUR Ydis

The investment strategy consists of creating a diversified portfolio of debt securities and securitisation instruments to be held until the maturity date (or the early maturity date if applicable). The portfolio may be made up of securities of any maturity, including those maturing after the fund's maturity date, with no rating restrictions. While the portfolio thus created is intended to be held until the maturity date, the portfolio manager reserves the right to buy or sell the securities therein, especially if they expect the security's risk profile to deteriorate or identify an investment opportunity in line with the fund's objective and strategy. In the event that the fund's early maturity conditions are not met, as the maturity date nears, the fund will adopt a prudent management approach during the divestment phase. Securities will be kept until they mature or, especially in the case of securities maturing later than the fund, resold. The fund may invest up to 110% of its net assets in bonds from the private or public sector, with no restrictions as regards sector or geographic region (up to 40% outside OECD countries, including emerging markets); high yield bonds may account for up to 100% of net assets. The fund may also invest up to 40% of its net assets in securitisation instruments such as collateralised loan obligations (CLO). During the portfolio construction phase, the fund may deviate from the investment limits up to 100% of the net assets for each of these instruments. Prior to the Maturity Date, , or the Early Maturity Date if applicable, and depending on prevailing market conditions, the management company will opt either to continue a similar investment strategy with a new target maturity date, or to merge the fund with another UCITS, or to wind up the fund, subject to AMF approval. The fund has no reference indicator. The fund is an actively managed UCITS. The investment manager has discretion over the composition of the portfolio, subject to c

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No