Cobas Mixto Global PP
Fund Investment philosophy
It will invest between 25% and 75% of the assets in equities and the remainder in fixed income assets.
It will invest in equities of any capitalisation and sector, mainly in OECD issuers/markets, with up to 40% of the total equity exposure to be invested in emerging market issuers/markets.
Fixed income will be mainly public but also private.
Derivative financial instruments, traded and non-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 Mixto Global PP
101.243967 €
Net Asset Value
-0.42%
Daily Return
8.03%
YTD
0.20%
Annualized Return
Liquidative Date: 21-9-2023
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 management takes as a reference, for purely comparative purposes, a synthetic index weighted between the MSCI Europe Total Net Return (50%) and the €STR (50%).
Cobas Mixto Global PP
1.24%
Since Inception1.54%
1 month5.31%
6 months10.21%
1 year
Since Inception
1 month
6 months
1 year
Liquidative Date: 21-9-2023
| Plan | |
|---|---|
| 2018 | -23.72% |
| 2019 | 10.14% |
| 2020 | -17.37% |
| 2021 | 24.11% |
| 2022 | 6.95% |
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, a synthetic index weighted between the MSCI Europe Total Net Return (50%) and the €STR (50%).
Fund breakdown
Asset class breakdown
Equity
71.96%
Liquidity
13.74%
Monetary Assets
8.14%
Fixed Income
6.16%
Geographical breakdown
Eurozone
43.91%
USA
26.93%
Other Europe
22.83%
Asia
6.33%
Sector Breakdown
Oil & Gas Exploration & Products
14.36%
Cash
13.74%
Oil & Gas Storage & Transportations
13.02%
Government
8.14%
Industrial Conglomerates
8.00%
Retailing
5.58%
Energy Equipment & Services
5.52%
Aerospace & Defense
3.98%
Pharmaceuticals, Biotechnology
3.59%
Machinery
3.00%
Automobiles & Components
2.90%
Metals & Mining
2.73%
Transportation
2.63%
Food, Beverage & Tobacco
2.36%
Construction & Engineering
2.23%
Consumer Services
2.06%
Diversified Financials
1.43%
Media & Entertainment
1.02%
Household & Personal Products
0.96%
Technology Hardware & Equipment
0.80%
Health Care Equipment & Services
0.77%
Consumer Services
0.73%
Paper & Forest Products
0.45%
Fund Data - Cobas Mixto Global PP
Fundamental Data
Bloomberg code
N5218 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
N5218
DGS fund code
F2076
Registration date fund
Registration date plan
Denomination name
Cobas Mixto Global PP
Fund Profile
Currency
EUR
Fund type
Legal form
Fondo de pensiones
Investment style
Value
Morningstar category
Mixtos Euros Agresivos PP
Asset manager(s)
Cobas Pensiones, SGFP, S.A
Investment Profile
Minimum initial investment
100.00€
Minimum additional investment
100.00€
Management fee
1.00%
Custody fee
0.09%
Net asset value
Diario
Assets under management
