Carmignac Credit 2025 A EUR Acc - FR0013515970

Obiettivo di investimento dichiarato

The investment objective is to deliver annualised performance in excess of 1.90%, measured from the unit creation date (30/10/2020) to 31/10/2025 (the "Maturity Date"). This performance, mainly generated through a bond buy and hold strategy, is expressed net of management fees, currency hedging fees, estimated defaults and potential capital losses made when reselling certain instruments prior to maturity. This objective relies on the realisation of the portfolio manager's market assumptions and does not constitute a promise of returns. Issuers' actual financial situation may be worse than expected and this may adversely affect the fund's performance.The investment strategy consists in creating a diversified portfolio of debt securities andsecuritisation instruments to be held until the Maturity Date. The portfolio may be made up of securities of any maturity, including those maturing after the fund's Maturity Date.

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