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Carmignac Pfl Commodities F GBP acc Hdg

Ranked 3 out of 14 in - Natural Resources over 12 months
All calculations are in GBP

Managed by

Michael Charles Hulme

Based in London, Michael Charles Hulme is a fund manager at Carmignac Gestion having joined the group from Lombard Odier Investment Managers in 2014. Before starting at Lombard Odier in 2010, Hulme was a portfolio manager at MFS Investment Management for eight years, and also previously worked at SG Asset Management and F&C. He studied history at the University of Cambridge and holds the IIMR designation. Away from work he enjoys the theatre, tennis and skiing.


This sub-fund will consist mainly of shares of companies operating in the commodity sector, carrying out extraction, production, enrichment and/or treatment, as well as shares of companies specialising in energy production and services/equipment; investments may be carried out anywhere in the world. The sub-fund invests in these securities directly or indirectly through the UCITS that it holds, bearing in mind that investment in UCITS is limited to 10% of the sub-funds net assets. This sub-fund may use listed or over-the-counter derivative market instruments and techniques.


Natural Resources over : 31/08/2014 - 31/08/2015

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 7.9% -5.4%
2014 8.5% 2.1% 9.9% 0.8% -4.0%
2013 -7.8% -2.7% -10.4% 4.2% 1.5%
2012 -12.2% 0.2% -15.6% 7.5% -3.4%
2011 -23.2% 0.7% -9.5% -22.2% 8.5%

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. Singapore
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date31/12/2010
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN LU0553415323
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1
  • Min. additional investment1


  • Initial investment0

Related News

Carmignac commodities head steps down

The French firm has hired a manager from Lombard Odier to take over its commodities fund.

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