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

117.820748 €

Net Asset Value

0.37%

Daily Return

13.78%

YTD

2.42%

Annualized Return

Liquidative Date: 23-5-2024

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.

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 Mixto Global PP

17.82%

Since Inception

3.99%

1 month

18.05%

6 months

19.83%

1 year
Since Inception
1 month
6 months
1 year

Liquidative Date: 23-5-2024

Plan
2019 10.14%
2020 -17.37%
2021 24.11%
2022 6.95%
2023 10.49%

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

73.90%

Activos monetarios

16.30%

Renta fija

9.80%

Geographical breakdown

Eurozone

41.40%

Other Europe

23.90%

USA

25.70%

Asia

7.70%

Otros

1.30%

Sector Breakdown

Oil & Gas Exploration & Products

18.60%

Government

16.30%

Oil & Gas Storage & Transportations

12.60%

Industrial Conglomerates

7.20%

Automobiles & Components

6.00%

Retailing

5.90%

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 fund name

Cobas Mixto Global FP

Denomination plan 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

0.75%

Custody fee

0.06%

Net asset value

Diario

Assets under management