Cobas Global PP
Fund 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.
The currency risk shall 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
The management objective is to build up capital to cover the contingencies of retirement, disability in its different degrees, severe or great dependence and death of the Participant or Beneficiary, applying an investment philosophy based on value investing, selecting assets that are undervalued by the market and have a high potential for revaluation.
Cobas Global PP
97.319424 €
Net Asset Value
-0.13%
Daily Return
7.63%
YTD
-0.43%
Annualized Return
Liquidative Date: 28-11-2023
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.
Cobas Global PP
-2.68%
Since Inception3.58%
1 month3.56%
6 months3.87%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 28-11-2023
| Plan | |
|---|---|
| 2018 | -29.29% |
| 2019 | 12.50% |
| 2020 | -22.53% |
| 2021 | 31.99% |
| 2022 | 9.73% |
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.
Fund breakdown
Asset class breakdown
Equity
97.31%
Liquidity
2.66%
Geographical breakdown
Eurozone
32.82%
Other Europe
30.68%
USA
27.93%
Asia
8.54%
Sector Breakdown
Oil & Gas Storage & Transportations
17.90%
Oil & Gas Exploration & Products
10.98%
Industrial Conglomerates
10.80%
Energy Equipment & Services
7.52%
Retailing
7.39%
Aerospace & Defense
5.40%
Pharmaceuticals, Biotechnology
4.94%
Machinery
4.00%
Automobiles & Components
3.99%
Metals & Mining
3.68%
Transportation
3.53%
Food, Beverage & Tobacco
3.16%
Construction & Engineering
2.97%
Consumer Services
2.79%
Cash
2.66%
Diversified Financials
1.88%
Media & Entertainment
1.36%
Household & Personal Products
1.33%
Technology Hardware & Equipment
1.09%
Consumer Services
0.95%
Paper & Forest Products
0.62%
Fundamental Data
Bloomberg code
N5219 SM
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
DGS plan code
N5219
DGS fund code
F1633
Registration date fund
Registration date plan
Denomination fund name
Cobas Global FP
Denomination plan name
Cobas Global PP
Fund Profile
Currency
EUR
Fund type
Legal form
Fondo de pensiones
Investment style
Value
Morningstar category
RV Europa PP
Asset manager(s)
Francisco García Paramés
Investment Profile
Minimum initial investment
100.00€
Minimum additional investment
100.00€
Management fee
1.25%
Custody fee
0.06%
Net asset value
Diario
Assets under management
