Carmignac Portfolio Asia Discovery A EUR Acc/  LU0336083810  /

The sub-fund aims to outperform its reference indicator through exposure to the small, mid and large cap equity markets of Asian emerging countries. The reference indicator is MSCI EM Asia Ex-China IMI 10/40 Capped NR index. The portfolio is mainly invested in equities (at least 60%) in the emerging markets in Asia from all economic sectors. It will be actively exposed to emerging markets in Asia through the selection of small, medium and large capitalization companies offering mid to long-term return prospects and growth potential selected on the basis of their company fundamentals. The sub-fund uses derivatives for hedging or arbitrage purposes, or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, equities (all categories of capitalisation), ETFs, dividends, volatility, variance (the latter two categories for up to 10% of net assets) and commodities (up to 10% of assets). The derivatives available are options (vanilla, barrier, binary), futures and forwards, swaps (including performance) and CFDs (contracts for difference) on one or more underlyings. Up to 10 % of the net assets may be invested in contingent convertible bonds ("CoCos"). CoCos are regulated subordinated debt instruments that are complex, but consistent in nature. Please refer to the prospectus for more information. The sub-fund may invest up to 10% of its net assets in units or shares of investment funds.

The sub-fund aims to outperform its reference indicator through exposure to the small, mid and large cap equity markets of Asian emerging countries. The reference indicator is MSCI EM Asia Ex-China IMI 10/40 Capped NR index.