Fund Investment philosophy

At least 80% of the assets will be invested in variable income of any capitalization and sector of issuers/markets of the OECD, being able to invest up to 40% of the same in issuers/markets of emerging countries.

The rest of the total assets will be invested in fixed income, mainly public but also private.

The average duration of the fixed income portfolio will be less than 18 months.

Within the permitted legal limits, the Cobas Empleo FP pension fund may invest in IIC managed by entities of the group to which the collective investment institution management company that manages it belongs.

The currency risk will be 0-100% of the total assets.

It will be possible to operate with derivative financial instruments, traded and not traded in organized derivatives markets for the purpose of hedging, under the terms established by current legislation.

Management objective

Constitute a capital destined to cover the contingencies of retirement, disability in its different degrees, severe dependency or great dependency and death of the participant or beneficiary and the exceptional cases of liquidity.

Cobas Autónomos PPES

123.797021 €

Net Asset Value

0.86%

Daily Return

18.02%

YTD

25.84%

Annualized Return

Liquidative Date: 20-6-2024

Past performance does not imply future performance. Investing in equities may entail losses of the invested capital, and it is inadvisable for time horizons of less than 5 years. The vehicle does not have any reference index in its management.

Past performance does not imply future performance. Investing in equities may entail losses of the invested capital, and it is inadvisable for time horizons of less than 5 years. The vehicle does not have any reference index in its management.

Cobas Autónomos PPES

23.80%

Since Inception

-0.15%

1 month

18.75%

6 months

23.80%

1 year
Since Inception
1 month
6 months
1 year

Liquidative Date: 20-6-2024

Plan
2019 -
2020 -
2021 -
2022 -
2023 4.9%

Past performance does not imply future performance. Investing in equities may entail losses of the invested capital, and it is inadvisable for time horizons of less than 5 years. The vehicle does not have any reference index in its management.

Fundamental Data

Bloomberg code

COBASEM SM

Management company

Cobas Pensiones, SGFP, S.A

Registered office

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

Depositary

BNP Paribas SA

Auditor

Deloitte Auditores SL

DGS plan code

N5506

DGS fund code

F2130

Registration date fund

Registration date plan

Denomination fund name

Cobas Empleo 100 FP

Denomination plan name

Cobas Empleo 100 PP

Fund Profile

Currency

EUR

Fund type

Legal form

Fondo de pensiones

Investment style

Value

Morningstar category

n.d.

Asset manager(s)

Francisco García Paramés

Investment Profile

Minimum initial investment

100.00€

Minimum additional investment

100.00€

Management fee

1.00%

Custody fee

0.06%

Net asset value

Diario

Assets under management