Cobas Concentrados FIL
Investment philosophy
A boutique fund closely tied to the fund manager, Francisco García Paramés, whose replacement would lead to a change in investment policy.
More than 75% of total exposure will be invested in equities.
The non-equities portion will be invested in fixed-income assets, generally euro area sovereign issuers. The average duration of the fixed-income portfolio will be less than 18 months. Foreign exchange risk can range from 0% to 100% of total exposure.
Management objective
The management objective is to achieve satisfactory and sustained performance by applying a value investing philosophy, which identifies assets that are undervalued by the market but have a high upside.
This fund may be unsuitable for investors who expect to withdraw their money within seven years or less.
Cobas Concentrados FIL Clase A
111.475832 €
Net Asset Value
6.98%
Monthly Return
11.48%
YTD
-
Annualized Return
Cobas Concentrados FIL Clase B
140.026960 €
Net Asset Value
6.96%
Monthly Return
8.62%
YTD
17.57%
Annualized Return
Cobas Concentrados FIL Clase C
93.687154 €
Net Asset Value
6.94%
Monthly Return
8.56%
YTD
-1.05%
Annualized Return
Cobas Concentrados FIL Clase D
166.398891 €
Net Asset Value
6.92%
Monthly Return
8.49%
YTD
18.54%
Annualized Return
Liquidative Date: 27-3-2024
The classes of this investment fund share the same investment portfolio, differing only in the management fee applied, which varies depending on the seniority of the participant.
Historic Performance
Past returns do not presuppose future returns. Investment in equities can lead to losses of the capital invested, and is not recommended for time horizons of less than 5 years. The management takes as a reference, for purely comparative purposes, the Bloomberg Europe Developed Markets Large & Mid Cap Price Return Index.
Cobas Concentrados FIL Clase A
11.48%
Since Inception11.48%
1 month11.48%
6 months11.48%
1 yearCobas Concentrados FIL Clase B
40.03%
Since Inception8.35%
1 month14.65%
6 months8.89%
1 yearCobas Concentrados FIL Clase C
-6.31%
Since Inception8.30%
1 month14.49%
6 months8.48%
1 yearCobas Concentrados FIL Clase D
66.40%
Since Inception8.26%
1 month14.33%
6 months8.30%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 27-3-2024
| Clase B | Clase C | Clase D | Benchmark | |
|---|---|---|---|---|
| 2019 | - | 21.23% | - | 26.17% |
| 2020 | - | -30.89% | - | -3.62% |
| 2021 | - | 36.86% | 16.20% | 25.22% |
| 2022 | 13.93% | 17.92% | 17.24% | -9.62% |
| 2023 | 13.15% | 12.74% | 12.58% | 15.76% |
Past returns do not presuppose future returns. Investment in equities can lead to losses of the capital invested, and is not recommended for time horizons of less than 5 years. The management takes as a reference, for purely comparative purposes, the Bloomberg Europe Developed Markets Large & Mid Cap Price Return Index.
Fund breakdown
Geographical breakdown
Other Europe
39.90%
Eurozone
36.10%
USA
21.90%
Asia
2.10%
Sector Breakdown
Oil & Gas Storage & Transportations
18.70%
Metals & Mining
14.20%
Oil & Gas Exploration & Products
11.70%
Energy Equipment & Services
10.50%
Industrial Conglomerates
10.40%
Construction & Engineering
6.40%
Fund Data - Cobas Concentrados FIL Clase A
Fundamental Data
Registration date
Bloomberg code
COBASCA SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
Banco Inversis SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166033
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.00%
Custody fee
0.04%
TER
1.28%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase A
Fund Data - Cobas Concentrados FIL Clase B
Fundamental Data
Registration date
Bloomberg code
COBASCB SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
Banco Inversis SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166025
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.25%
Custody fee
0.04%
TER
1.28%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase B
Fund Data - Cobas Concentrados FIL Clase C
Fundamental Data
Registration date
Bloomberg code
COBASCO SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
Banco Inversis SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166009
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.50%
Custody fee
0.04%
TER
1.09%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
Fund Documentation - Cobas Concentrados FIL Clase C
Fund Data - Cobas Concentrados FIL Clase D
Fundamental Data
Registration date
Bloomberg code
COBASCD SM
Management company
Cobas Asset Management SGIIC SA
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
Banco Inversis SA
Auditor
Deloitte Auditores SL
ISIN Code
ES0119166017
CNMV registration code
64
Fund Profile
Currency
EUR
Fund type
Legal form
F.I.L.
Investment style
Value
Morningstar category
n.d.
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100,000.00€
Minimum additional investment
20,000.00€
Management fee
1.75%
Custody fee
0.04%
TER
1.68%
Net asset value
Mensual
Redemption fee*
4%
Assets under management
*Refunded shares older than one year and less than 2 years old
