Carmignac EM fund gains sole FundCalibre Elite Rating in autumn review

Two Elite Radar badges awarded

clock • 1 min read

Carmignac's emerging markets fund was the only fund to be granted an ‘Elite Rating’ by FundCalibre following its autumn investment committee meeting, with two other funds gaining an ‘Elite Radar’ badge.

The FP Carmignac Emerging Markets fund targets growth from large and medium-sized companies within emerging economies, focusing on sustainable sectors with long-term growth prospects. Darius McDermott, managing director at FundCalibre, said the £25.4m fund had "provided excellent performance since its inception". Evenlode Global Equity among seven funds to gain Elite Ratings from FundCalibre According to data from FE fundinfo, the fund has outperformed the IA Emerging Markets sector over the last year, returning 8.5% versus 3.6%. Meanwhile, the CCLA Better World Global Equity an...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Trustpilot