Investment philosophy

The Company may invest between 0% and 10% of its net assets in financial CIS which are eligible assets, whether harmonised or not, and whether or not belonging to the Management Company’s group.

The Company may invest, either directly or indirectly through CIS, in equities, fixed income or other assets permitted by the regulations in force, with no predetermination as to the percentages of exposure in each asset class, the entire exposure being able to be in any of them.

Derivatives traded on organised derivatives markets for hedging purposes and derivatives not traded on organised derivatives markets for hedging purposes may be traded.

This is an accumulation share, i.e. the returns obtained are reinvested.

The shares of the SICAV are traded on the BME Growth.

Management objective

To obtain a satisfactory and sustained return over time with a philosophy of value investing, selecting assets that are undervalued by the market, with high appreciation potential.

Cobas Value SICAV SA

1.228987 €

Net Asset Value

0.07%

Daily Return

4.12%

YTD

0.11%

Annualized Return

Liquidative Date: 5-10-2022

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.

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 Company does not have any reference index in its management.

Cobas Value SICAV SA

0.67%

Since Inception

-5.2%

1 month

-9.56%

6 months

1.96%

1 year
Since Inception
1 month
6 months
1 year

Liquidative Date: 5-10-2022

Fund
2017 -2,99%
2018 -24,03%
2019 11,60%
2020 -22,50%
2021 32,35%

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 Company does not have any reference index in its management.

Fund breakdown

Asset class breakdown

Renta Variable

97.38%

Liquidez

2.64%

Geographical breakdown

Zona Euro

32.68%

Resto Europa

30.83%

EEUU

27.91%

Asia

8.6%

Sector Breakdown

Transporte y almacenamiento de petróleo y gas

17.83%

Exploración de petróleo y gas

11.04%

Conglomerados industriales

10.79%

Equip. y servicios de energía

7.53%

Venta al por menor

7.48%

Aeroespacial y defensa

5.46%

Farmacéutico y biotecnología

4.93%

Maquinaria

4%

Automóviles y componentes

3.97%

Minería y metales

3.67%

Transporte

3.52%

Alimentos, bebidas y tabaco

3.16%

Ingeniería y construcción

2.98%

Servicios comerciales

2.78%

Tesorería

2.64%

Entidades financieras

1.9%

Medios y entretenimiento

1.36%

Hogar y Productos domésticos

1.31%

Equip. y hardware tecnológico

1.08%

Equip. y servicios de salud

1.03%

Servicios de consumo

0.94%

Papelero

0.62%

Fund Data - Cobas Value SICAV SA

Fundamental Data

ISIN Code

ES0155441035

CNMV registration code

n.d.

Registration date

Management company

Cobas Asset Management SGIIC SA

Registered office

Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.

Depositary

Banco Inversis SA

Auditor

Quorum Auditores y Consultores, S. L. P.

Bloomberg code

n.d.

Fund Profile

Fund type

Legal form

n.d.

Investment style

Value

Morningstar category

n.d.

Currency

EUR

Asset manager(s)

Francisco García Paramés

Investment Profile

Minimum initial investment

n.d.

Minimum additional investment

n.d.

Net asset value

Diario

Management fee

1.25%

Other expenses

0.41%

TER

1.91%

Redemption fee

n.d.

Assets under management