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Carmignac Pfl Emerging Discovery A EUR acc

Ranked 12 out of 15 in - Global Emerging Markets Smaller Companies over 12 months
All calculations are in CHF unless stated

Managed by

Xavier Hovasse

Paris-born Xavier Hovasse joined Carmignac Gestion in 2008 where he manages the Carmignac Emerging Discovery Fund with a long term defensive growth investment style. He started his career at BNP Paribas Investment Management in 1999 as an analyst and fund manager in emerging market and global equities. He studied finance at the Ecole Supérieure de Commerce de Paris (ESCP) and a CFA charterholder. Based in Paris, away from work Xavier enjoys backgammon and bridge.

David Park

David Park is an emerging markets portfolio manager at Carmignac Gestion in Paris, a role he has held since July 2012, having previously joined the company in May 2007 as an analyst. Prior to joining Carmignac Gestion, he worked at Hyundai Securities Ltd in London for three years as a broker. David studied a bachelor of science in Economics at the University of Birmingham.

Objective

This sub-fund seeks performance through exposure to the small and mid-cap equity markets of the emerging countries.The sub-fund aims to outperform its reference indicator, which comprises 50% MSCI Emerging Small Cap NR USD (MSLUEMRN) and 50% MSCI Emerging Mid Cap NR USD (MMDUEMRN), converted into euro for EUR shares and hedged shares, and into the relevant reference currency for unhedged shares.

Showing fund performance in Switzerland View performance globally

Performance

Global Emerging Markets Smaller Companies over : 30/06/2017 - 30/06/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.7% -6.5%
2017 28.7% 9.8% 3.3% 6.3% 6.8%
2016 2.3% 0.3% 3.4% 6.7% -7.6%
2015 -6.9% -4.4% 1.2% -7.0% 3.4%
2014 11.0% 0.7% 7.7% 4.7% -2.2%
2013 -0.7% 7.7% -5.8% -2.3% 0.1%
2012 14.9% 9.6% -3.1% 6.7% 1.4%
2011 -21.3% -5.9% -9.2% -14.1% 7.2%
2010 11.8% 4.4% -4.0% 8.0% 3.3%
2009 94.5% 15.1% 39.3% 13.5% 6.8%
2008 -59.2% -11.6% 0.4% -28.7% -35.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Ireland
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Spain
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date14/12/2007
  • Share Class size144Mn
  • Base currency
  • ISIN LU0336083810

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment1

Charges

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).