Carmignac Grandchildren E EUR Acc

The objective of the sub-fund is to achieve long-term capital growth and involves active, flexible management with a focus on equity markets. The Reference indicator is the MSCI World NR index. In order to achieve its investment objective, the sub-fund seeks to invest in companies considered by the Investment Manager to be of high quality. The equity strategy is implemented through a portfolio of direct investment in securities and to a lesser extent, derivatives. The sub-fund is not constrained by any benchmark and is free to invest in the Investment Manager's choice of equities irrespective of industry and geography. The fund can invest up to 10% of the net assets in bonds with a rating below investment grade. Investments in high-quality companies are determined based upon a quantitative screening and fundamental analysis. The sub-fund may also, on an ancillary basis, hold cash and/or invest in other transferable securities. In order to achieve its investment objective, the sub-fund may invest in futures traded on Eurozone and international markets, including emerging markets, for exposure or hedging purposes. The other derivatives that may be used by the portfolio manager for exposure or hedging purposes include CFDs (contracts for difference), forwards, forward exchange contracts, options (simple, barrier, binary), and swaps (including performance swaps), involving one or more risks/underlying instruments in which the portfolio manager may invest. At least 51% of the portfolio is invested in developed and emerging market equities, without restrictions in terms of allocation by geographical zone, sector type or market capitalisation. The sub-fund may invest up to 10% of its net assets in units or shares of investment funds. The portfolio manager also reserves the right to invest up to 10% of the net assets in bonds with a rating below investment grade. This sub-fund is an actively managed UCITS. An actively managed UCITS is one where the investment manager has di

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No