Investment philosophy

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.

At least 70% of exposure to equities will be to international large cap corporations, having a market cap of at least €4 billion. The rest may be small and mid-cap companies.

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 Grandes Compañías FI Clase A

143.647809 €

Net Asset Value

-0.11%

Daily Return

20.13%

YTD

24.20%

Annualized Return Since Inception

Cobas Grandes Compañías FI Clase B

165.050106 €

Net Asset Value

-0.11%

Daily Return

20.04%

YTD

14.60%

Annualized Return Since Inception

Cobas Grandes Compañías FI Clase C

142.282455 €

Net Asset Value

-0.11%

Daily Return

19.94%

YTD

4.18%

Annualized Return Since Inception

Cobas Grandes Compañías FI Clase D

197.918407 €

Net Asset Value

-0.11%

Daily Return

19.90%

YTD

15.73%

Annualized Return Since Inception

See our fees

Liquidative Date: 7-10-2025

Past performance does not imply future returns. Investing in equities may result in losses of invested capital and is not recommended for time horizons of less than 5 years. The annualized return for each class has been calculated since its launch (2017 for Class C, 2021 for Class D, 2022 for Class B, and 2024 for Class A). Therefore, the various historical events experienced during this period and affecting the financial markets (COVID-19, the Ukrainian War, etc.) have impacted this return. The classes in this IF share the same investment portfolio and expenses, differing only in the expense borne by the management fee applied, which varies depending on the length of time the investor has held the fund. Therefore, for full-year periods, the difference in return between classes will be a maximum of 0.75%.

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 Developed Markets Large & Mid Cap Net Return Index EUR.

Cobas Grandes Compañías FI Clase A

43.65%

Since Inception

4.04%

1 month

33.78%

6 months

20.95%

1 year

Cobas Grandes Compañías FI Clase B

65.05%

Since Inception

4.03%

1 month

33.71%

6 months

20.83%

1 year

Cobas Grandes Compañías FI Clase C

42.28%

Since Inception

4.02%

1 month

33.64%

6 months

20.71%

1 year

Cobas Grandes Compañías FI Clase D

97.92%

Since Inception

4.01%

1 month

33.61%

6 months

20.65%

1 year
Since Inception
1 month
6 months
1 year
See our fees

Liquidative Date: 7-10-2025

Class A Class B Class C Class D Benchmark
2018 - - -30.87% - -4.25%
2019 - - 10.93% - 30.15%
2020 - - -17.70% - 6.07%
2021 - - 23.56% 15.06% 30.77%
2022 - 6.16% 11.20% 11.10% -12.89%
2023 - 7.73% 7.62% 7.56% 15.76%
2024 19.6% 20.2% 20.1% 20.0% 26.8%

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 Developed Markets Large & Mid Cap Net Return Index EUR.

Fund breakdown

Asset class breakdown

Equity

97.00%

Fixed Income

1.80%

Tesorería

1.20%

Geographical breakdown

Eurozone

40.90%

Estados Unidos

22.80%

Asia

18.50%

Resto de Europa

17.90%

Otros

1.20%

Sector Breakdown

Pharmaceuticals, Biotechnology

13.20%

Automobiles & Components

13.20%

Industrial Conglomerates

10.90%

Oil & Gas Storage & Transportations

9.60%

Health Care Equipment & Services

8.40%

Metals & Mining

7.70%

Fund Data - Cobas Grandes Compañías FI Clase A

Fundamental Data

Registration date

Bloomberg code

COBASLA SM

Management company

Cobas Asset Management SGIIC SA

Registered office

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

Depositary

BNP Paribas SA

Auditor

Deloitte Auditores SL

ISIN Code

ES0113728036

CNMV registration code

5129

Fund Profile

Currency

EUR

Fund type

Legal form

UCIT V

Investment style

Value

Morningstar category

RV Europa Cap. Flexible

Investment Profile

Minimum initial investment

100.00€

Minimum additional investment

100.00€

Management fee

0.75%

Custody fee

0.029%

TER

0.78%

Net asset value

Diario

Redemption fee*

4%

*During the first 12 months of each subscription made

Fund Data - Cobas Grandes Compañías FI Clase B

Fundamental Data

Registration date

Bloomberg code

COBASLB SM

Management company

Cobas Asset Management SGIIC SA

Registered office

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

Depositary

BNP Paribas SA

Auditor

Deloitte Auditores SL

ISIN Code

ES0113728028

CNMV registration code

5129

Fund Profile

Currency

EUR

Fund type

Legal form

UCIT V

Investment style

Value

Morningstar category

RV Europa Cap. Flexible

Investment Profile

Minimum initial investment

100.00€

Minimum additional investment

100.00€

Management fee

0.85%

Custody fee

0.029%

TER

0.95%

Net asset value

Diario

Redemption fee*

4%

*During the first 12 months of each subscription made

Fund Data - Cobas Grandes Compañías FI Clase C

Fundamental Data

Registration date

Bloomberg code

COBASLC SM

Management company

Cobas Asset Management SGIIC SA

Registered office

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

Depositary

BNP Paribas SA

Auditor

Deloitte Auditores SL

ISIN Code

ES0113728002

CNMV registration code

5129

Fund Profile

Currency

EUR

Fund type

Legal form

UCIT V

Investment style

Value

Morningstar category

RV Europa Cap. Flexible

Investment Profile

Minimum initial investment

100.00€

Minimum additional investment

100.00€

Management fee

0.95%

Custody fee

0.029%

TER

1.04%

Net asset value

Diario

Redemption fee*

4%

*During the first 12 months of each subscription made

Fund Data - Cobas Grandes Compañías FI Clase D

Fundamental Data

Registration date

Bloomberg code

COBASGD SM

Management company

Cobas Asset Management SGIIC SA

Registered office

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

Depositary

BNP Paribas SA

Auditor

Deloitte Auditores SL

ISIN Code

ES0113728010

CNMV registration code

5129

Fund Profile

Currency

EUR

Fund type

Legal form

UCIT V

Investment style

Value

Morningstar category

RV Europa Cap. Flexible

Investment Profile

Minimum initial investment

100.00€

Minimum additional investment

100.00€

Management fee

1.00%

Custody fee

0.029%

TER

1.09%

Net asset value

Diario

Redemption fee*

4%

*During the first 12 months of each subscription made

Learn about the fee structure of Cobas Grandes Compañías FI

Learn about the fee structure of Cobas Grandes Compañías FI

We firmly believe in the importance of rewarding the trust and loyalty of our investors. Therefore, we have implemented a fee structure that favors those participants who remain faithful to our long-term strategy. By reducing management fees based on tenure, we not only recognize the commitment of our investors, but also drive a more beneficial environment for better long-term returns.

We have implemented a fee structure that favors those participants who remain faithful to our long-term strategy. By reducing management fees based on tenure, we not only recognize the commitment of our investors, but also drive a more beneficial environment for better long-term returns.