Cobas Empleo PP
Investment philosophy
At least 80% of the assets will be invested in equities of all capitalisations and sectors of OECD issuers/markets, up to 40% of which may be invested in emerging market issuers/markets.
The remainder of the total assets will be invested in fixed income, mainly public but also private.
The average duration of the fixed income portfolio shall be less than 18 months.
Within the legally permitted limits, Cobas Empleo FP pension fund may invest in CIS 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.
Derivative financial instruments, traded and not traded on organised derivatives markets, may be traded for hedging purposes, under the terms established by the legislation in force.
Management objective
To constitute a capital intended to cover the contingencies of retirement, disability in its different degrees, severe dependence or great dependence and death of the participant or beneficiary and the exceptional cases of liquidity.
Cobas Empleo PP
111.276730 €
Net Asset Value
-0.10%
Daily Return
4.02%
YTD
5.68%
Annualized Return
Liquidative Date: 29-5-2023
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 vehicle does not have any reference index in its management.
Cobas Empleo PP
11.28%
Since Inception-0.76%
1 month0.82%
6 months-3.58%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 29-5-2023
Fund Data - Cobas Empleo PP
Fundamental Data
DGS plan code
N5424
DGS fund code
N5424
Registration date
Management company
Cobas Pensiones, SGFP, S.A
Registered office
Paseo de la Castellana 53. Segunda planta. 28046 Madrid. España.
Depositary
Banco Inversis SA
Auditor
Deloitte Auditores SL
Bloomberg code
COBASEM SM
Fund Profile
Fund type
Legal form
Pensions Fund
Investment style
Value
Morningstar category
n.d.
Currency
EUR
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100€
Minimum additional investment
100€
Net asset value
Diario
Management fee
1%
Custody fee
0.06%
TER
1%
Redemption fee
n.d.
Assets under management
