Cobas Selección FI
Investment philosophy
A boutique fund closely tied to the fund manager, Francisco García Paramés, whose replacement would lead to a change in investment policy.
At least 80% of total exposure will be invested in international equities, at any capitalisation level and in any issuer sector/OECD market. Up to 40% of total exposure may be invested in emerging country issuers/markets.
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 five years or less.
Cobas Selección FI Clase A
110.607570 €
Net Asset Value
0.03%
Daily Return
10.61%
YTD
-
Annualized Return
Cobas Selección FI Clase B
131.848896 €
Net Asset Value
0.03%
Daily Return
8.94%
YTD
13.37%
Annualized Return
Cobas Selección FI Clase C
118.854815 €
Net Asset Value
0.03%
Daily Return
8.85%
YTD
2.33%
Annualized Return
Cobas Selección FI Clase D
174.489731 €
Net Asset Value
0.02%
Daily Return
8.77%
YTD
18.42%
Annualized Return
Liquidative Date: 17-4-2024
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 Net Return Index EUR.
Cobas Selección FI Clase A
10.61%
Since Inception3.74%
1 month10.61%
6 months10.61%
1 yearCobas Selección FI Clase B
31.85%
Since Inception3.72%
1 month13.00%
6 months14.97%
1 yearCobas Selección FI Clase C
18.85%
Since Inception3.70%
1 month12.85%
6 months14.67%
1 yearCobas Selección FI Clase D
74.49%
Since Inception3.68%
1 month12.71%
6 months14.38%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 17-4-2024
| Class B | Class C | Class D | Becnhmark | |
|---|---|---|---|---|
| 2018 | - | -29.61% | - | -10.67% |
| 2019 | - | 12.28% | - | 26.17% |
| 2020 | - | -22.81% | - | -3.62% |
| 2021 | - | 32.01% | 30.88% | 25.22% |
| 2022 | 7.45% | 9.65% | 9.37% | -9.62% |
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 Net Return Index EUR.
Fund breakdown
Asset class breakdown
Equity
97.80%
Activos monetarios
1.10%
Tesorería
1.10%
Geographical breakdown
Eurozone
35.40%
Other Europe
31.70%
USA
21.00%
Asia
10.30%
Otros
1.70%
Sector Breakdown
Oil & Gas Exploration & Products
13.00%
Oil & Gas Storage & Transportations
12.50%
Industrial Conglomerates
9.50%
Automobiles & Components
7.90%
Retailing
7.80%
Energy Equipment & Services
7.30%
Fund Data - Cobas Selección FI Clase A
Fundamental Data
Registration date
Bloomberg code
COBASFA 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
ES0124037039
CNMV registration code
5075
Fund Profile
Currency
EUR
Fund type
Legal form
UCIT V
Investment style
Value
Morningstar category
RV Europa Cap. Flexible
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100.00€
Minimum additional investment
100.00€
Management fee
1.00%
Custody fee
0.03%
TER
1.03%
Net asset value
Diario
Redemption fee*
4%
Assets under management
*During the first 12 months of each subscription made
Fund Documentation - Cobas Selección FI Clase A
Fund Data - Cobas Selección FI Clase B
Fundamental Data
Registration date
Bloomberg code
COBASFB 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
ES0124037021
CNMV registration code
5075
Fund Profile
Currency
EUR
Fund type
Legal form
UCIT V
Investment style
Value
Morningstar category
RV Europa Cap. Flexible
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100.00€
Minimum additional investment
100.00€
Management fee
1.25%
Custody fee
0.03%
TER
1.28%
Net asset value
Diario
Redemption fee*
4%
Assets under management
*During the first 12 months of each subscription made
Fund Documentation - Cobas Selección FI Clase B
Fund Data - Cobas Selección FI Clase C
Fundamental Data
Registration date
Bloomberg code
COBASFI 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
ES0124037005
CNMV registration code
5075
Fund Profile
Currency
EUR
Fund type
Legal form
UCIT V
Investment style
Value
Morningstar category
RV Europa Cap. Flexible
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100.00€
Minimum additional investment
100.00€
Management fee
1.50%
Custody fee
0.03%
TER
1.53%
Net asset value
Diario
Redemption fee*
4%
Assets under management
*During the first 12 months of each subscription made
Fund Documentation - Cobas Selección FI Clase C
Fund Data - Cobas Selección FI Clase D
Fundamental Data
Registration date
Bloomberg code
COBASFD 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
ES0124037013
CNMV registration code
5075
Fund Profile
Currency
EUR
Fund type
Legal form
UCIT V
Investment style
Value
Morningstar category
RV Europa Cap. Flexible
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100.00€
Minimum additional investment
100.00€
Management fee
1.75%
Custody fee
0.03%
TER
1.79%
Net asset value
Diario
Redemption fee*
4%
Assets under management
*During the first 12 months of each subscription made
