Carmignac Emergents
  • Fund Manager  
    Xavier Hovasse
  • Currency  
    EUR
  • Sector  
    Emerging Markets Value
  • Fund Type  
    FR - FCP
  • Fund Size  
    €1.11bn
  • Launch Date  
    31/01/1997
  • Lipper Total Return  

The fund is an international equity fund invested in the emerging markets of Asia, Latin America, Eastern Europe, the Middle East and Africa. The objective of the Fund is to seek out the best growth opportunities by selecting stocks from emerging countries with strong development potential. Its recommended minimum investment horizon is 5 years.

Xavier Hovasse joined Carmignac in 2008 where he worked as an analyst specialized in Latin America, to then become Fund Manager in 2011. Previously, he spent 9 years at BNP Paribas Asset Management as an analyst and Manager of Emerging and Global equities. He graduated from ESCP-EAP Paris and is a CFA Charter holder since 2004.

Performance

1 Year 3 Year 5 Year
Carmignac Emergents A EUR acc 10.03% 19.16% 24.77%
MSCI EM (Emerging Markets) NR USD 18.84% 23.15% 34.19%
Figures correct as at 21/08/17
As at 21/08/17
Collected - HLDG Top Holdings as at 31/03/2017
Top 10 Holdings % of fund
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD DR
5.99%
SAMSUNG ELECTRONICS CO LTD ORD
5.52%
4.70
4.7%
NASPERS LTD ORD
3.85%
MERCADOLIBRE INC ORD
3.46%
CEMEX SAB DE CV DR
3.4%
KANGWON LAND INC ORD
3.26%
AIA GROUP LTD ORD
3.03%
EMAAR PROPERTIES PJSC ORD
2.9%
GRUPO FINANCIERO BANORTE SAB DE CV ORD
2.79%

Fees

Charge Amount Rating
Total Expense Ratio1.76
Data provided by Lipper. Care has been taken to ensure that the information is correct, but PIP Financial neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.